Mountain Tours Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05479282 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2019

for

Mountain Tours Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs J A Confortola

SECRETARY:

Mrs J A Confortola

REGISTERED OFFICE:

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

REGISTERED NUMBER:

05479282 (England and Wales)

ACCOUNTANTS:

Allegri & Co.

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

BANKERS:

HSBC

High Street

Crowthorne

Berkshire

RG45 7AD

FIXED ASSETS

Tangible assets

4

1,720

1,564

CURRENT ASSETS

Debtors

5

31,607

32,021

Cash at bank

45,249

24,983

76,856

57,004

CREDITORS

Amounts falling due within one year

6

76,655

57,467

NET CURRENT ASSETS/(LIABILITIES)

201

(463

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,921

1,101

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

1,911

1,091

SHAREHOLDERS' FUNDS

1,921

1,101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 11 February 2020 and were signed by:

Mrs J A Confortola - Director

1.	STATUTORY INFORMATION

Mountain Tours Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2018

7,760

Additions

722

At 30 June 2019

8,482

DEPRECIATION

At 1 July 2018

6,196

Charge for year

566

At 30 June 2019

6,762

NET BOOK VALUE

At 30 June 2019

1,720

At 30 June 2018

1,564

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade debtors

5,129

5,543

Other debtors

26,478

26,478

31,607

32,021

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Taxation and social security

245

(4,143

)

Other creditors

76,410

61,610

76,655

57,467