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