OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-10-31-accounts

Registered number: 08248119

HIGH FLYERS (SOUTH STAFFS) LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

High Flyers (South Staffs) Limited Contents

Page
Company Information 1
Accountant's Report 2
Income and Expenditure Account 3
Balance Sheet 4
The following pages do not form part of the statutory accounts:
Detailed Income and Expenditure Account 5

High Flyers (South Staffs) Limited Company Information For The Year Ended 31 October 2025

Directors Mr Christopher Baker
Mrs Sheila Baker
Mrs Kathryn Cooper
Mrs Clare Davies
Mrs Carole Donnison
Mrs Susan Jones
Mrs Rosemary Phillips
Mrs Violet Taylor
Mr Ian Watton
Mrs Kerry Watton
Company Number 08248119
Registered Office Pegasus House, 17 Elder Grove
Wombourne
Wolverhampton
South Staffordshire
WV5 0EN
Accountants TaxAssist Accountants
Chartered Accountants
58 High Street
Telford, Madeley
Shropshire
TF7 5AT

Page 1

High Flyers (South Staffs) Limited Accountant's Report For The Year Ended 31 October 2025

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of High Flyers (South Staffs) Limited for the year ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of High Flyers (South Staffs) Limited for the year ended 31 October 2025 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-andguidance.

This report is made solely to the directors of High Flyers (South Staffs) Limited, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of High Flyers (South Staffs) Limited and state those matters that we have agreed to state to the directors of High Flyers (South Staffs) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than High Flyers (South Staffs) Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that High Flyers (South Staffs) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of High Flyers (South Staffs) Limited. You consider that High Flyers (South Staffs) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of High Flyers (South Staffs) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

10/04/2026

TaxAssist Accountants Chartered Accountants 58 High Street Telford, Madeley Shropshire TF7 5AT

Page 2

High Flyers (South Staffs) Limited Income and Expenditure Account For The Year Ended 31 October 2025

TURNOVER
Other income
Cost of raw materials and consumables
Staff costs
Depreciation and other amounts written off assets
Other charges
NET SURPLUS
2025
£
1,072,313
1,852
(94,842)
(822,679)
(4,800)
(70,021)
81,823
2024
£
996,033
2,488
(94,025)
(723,559)
(13,200)
(73,368)
94,369

Page 3

High Flyers (South Staffs) Limited Balance Sheet As At 31 October 2025

Fixed assets
Current assets
Creditors: Amounts Falling Due Within One Year
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
Creditors: Amounts Falling Due After More Than One Year
Accruals and deferred income
NET ASSETS
RESERVES
2025
£
305,200
521,131
(22,291)
2024
£
310,000
449,700
(23,891)
498,840 425,809
804,040 735,809
(107,260)
(1,980)
(121,632)
(1,200)
694,800 612,977
694,800 612,977

Notes

1. General Information

High Flyers (South Staffs) Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 08248119. The registered office is Pegasus House, 17 Elder Grove, Wombourne, Wolverhampton, South Staffordshire, WV5 0EN.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 42 (2024: 40)

3. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions.

On behalf of the board

Mrs Violet Taylor

Director 10/04/2026

Page 4

High Flyers (South Staffs) Limited Detailed Income and Expenditure Account For The Year Ended 31 October 2025

TURNOVER
Service invoices
Donations
Fundraising
OTHER INCOME
Interest receivable and similar income
COST OF RAW MATERIALS AND CONSUMABLES
Activities
Food
Supplies
Equipment
STAFF COSTS
Wages and salaries
Employers NI
DEPRECIATION AND OTHER AMOUNTS WRITTEN OFF
ASSETS
Depreciation
OTHER CHARGES
Premises expenses:
Light and heat
Repairs and maintenance
General administration costs:
Vehicle running costs
Insurance
Printing, postage and stationery
Training seminars and workshops
Accountancy fees
Interest payable and similar charges:
Bank loan interest
NET SURPLUS
2025
£
£
1,050,520
20,766
1,027
1,072,313
1,852
1,074,165
66,980
10,198
12,965
4,699
(94,842)
670,758
151,921
(822,679)
4,800
(4,800)
10,448
12,385
22,833
24,788
6,419
7,060
3,375
480
42,122
5,066
(70,021)
81,823
2025
£
£
1,050,520
20,766
1,027
1,072,313
1,852
1,074,165
66,980
10,198
12,965
4,699
(94,842)
670,758
151,921
(822,679)
4,800
(4,800)
10,448
12,385
22,833
24,788
6,419
7,060
3,375
480
42,122
5,066
(70,021)
81,823
2024
£
£
977,919
15,875
2,239
996,033
2,488
998,521
69,523
10,651
9,827
4,024
(94,025)
601,353
122,206
(723,559)
13,200
(13,200)
13,761
4,769
18,530
25,290
12,047
8,882
2,918
-
49,137
5,701
(73,368)
94,369
2024
£
£
977,919
15,875
2,239
996,033
2,488
998,521
69,523
10,651
9,827
4,024
(94,025)
601,353
122,206
(723,559)
13,200
(13,200)
13,761
4,769
18,530
25,290
12,047
8,882
2,918
-
49,137
5,701
(73,368)
94,369
66,980
10,198
12,965
4,699
69,523
10,651
9,827
4,024
1,074,165
(94,842)
(822,679)
(4,800)
(70,021)
998,521
(94,025)
(723,559)
(13,200)
(73,368)
670,758
151,921
601,353
122,206
4,800
10,448
12,385
13,200
13,761
4,769
22,833 18,530
24,788
6,419
7,060
3,375
480
25,290
12,047
8,882
2,918
-
42,122 49,137
5,066 5,701
81,823 94,369

Page 5