Skytrail Limited

The directors present their strategic report with the company's financial statements for the year ended 30 September 2023. Review of the business The directors measure the financial performance of the business by assessing actual monthly performance against budget as well as reviewing forward costs and revenues. At the start of the financial year the company operated one principal activity: SKYTRAIL, a trusted partner for aircraft charter and series seat allocations. A renewed contract with a major supplier has seen continued financial performance of the business. In addition, a new contract with another supplier has created an exciting opportunity. Principal risks and uncertainties Change of government has led to different policies and taxation. However, the directors consider this risk to be minimal. The war in Ukraine and Israel is an ongoing uncertainty.