Business Travel News Limited - Accounts to registrar (filleted) - small 18.2
Business Travel News Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
FOR |
BUSINESS TRAVEL NEWS LIMITED |
BUSINESS TRAVEL NEWS LIMITED (REGISTERED NUMBER: 02842469) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
BUSINESS TRAVEL NEWS LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
869 High Road |
London |
N12 8QA |
BUSINESS TRAVEL NEWS LIMITED (REGISTERED NUMBER: 02842469) |
STATEMENT OF FINANCIAL POSITION |
30 SEPTEMBER 2019 |
2019 | 2018 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Investments | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Non distributable reserves |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on signed on its behalf by: |
BUSINESS TRAVEL NEWS LIMITED (REGISTERED NUMBER: 02842469) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
1. | STATUTORY INFORMATION |
Business Travel News Limited is a |
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 |
TURNOVER |
Turnover represents the amount derived from dividends receivable from investments owned by the company. |
TAXATION |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the statement of financial position date. |
DEFERRED TAX |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws |
that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal |
of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
CURRENT ASSET INVESTMENT |
Current asset investments are stated at lower of cost or net realisable value. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2018 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Other debtors |
5. | CURRENT ASSET INVESTMENTS |
2019 | 2018 |
£ | £ |
Listed investments and bonds | 152,618 | 142,783 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Amounts owed to holding company | 51,375 | 51,375 |
Other creditors |
BUSINESS TRAVEL NEWS LIMITED (REGISTERED NUMBER: 02842469) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
7. | RELATED PARTY DISCLOSURES |
Included in creditors, amount falling due within one year is an amount of £51,375 (2018: £51,375) due to the |
parent company, Arnold Berg (Sales) Limited. |
Also included in creditors, amounts falling due within one year, is an interest free amount of £1,277 (2018: £300) |
owed to the directors, Mr M Ginsberg and Mrs L Ginsberg. |
8. | ULTIMATE CONTROLLING PARTY |
The company was not under the control of any one individual. |
9. | ULTIMATE PARENT COMPANY |
Arnold Berg ( Sales ) Limited is regarded by the directors as being the company's ultimate parent company. |