Alpes Travel Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05779528 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2020

for

Alpes Travel Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Cook

C M Krarup

A K Eggleston FCA

REGISTERED OFFICE:

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

REGISTERED NUMBER:

05779528 (England and Wales)

ACCOUNTANTS:

EWP Limited

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

1,750

Investments

6

724

-

724

1,750

CURRENT ASSETS

Debtors

7

59,656

34,370

Investments

8

78

-

Cash at bank

12,657

1,886

72,391

36,256

CREDITORS

Amounts falling due within one year

9

80,985

545,556

NET CURRENT LIABILITIES

(8,594

)

(509,300

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,870

)

(507,550

)

CAPITAL AND RESERVES

Called up share capital

101

100

Share premium

500,000

-

Retained earnings

(507,971

)

(507,650

)

SHAREHOLDERS' FUNDS

(7,870

)

(507,550

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors and authorised for issue on 2 September 2020 and were signed on its behalf by:

R Cook - Director

1.	STATUTORY INFORMATION

Alpes Travel Limited 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 represents amounts invoiced for holidays with a departure date during the period, not including value

added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of two years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Website development

-

Straight line over 3 years

Fixtures and fittings

-

10% straight line

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2019 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2019

3,488

Disposals

(3,488

)

At 30 April 2020

-

AMORTISATION

At 1 May 2019

3,488

Eliminated on disposal

(3,488

)

At 30 April 2020

-

NET BOOK VALUE

At 30 April 2020

-

At 30 April 2019

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Website

and

development

fittings

Totals

£

£

£

COST

At 1 May 2019

and 30 April 2020

12,841

4,101

16,942

DEPRECIATION

At 1 May 2019

11,091

4,101

15,192

Charge for year

1,750

-

1,750

At 30 April 2020

12,841

4,101

16,942

NET BOOK VALUE

At 30 April 2020

-

-

-

At 30 April 2019

1,750

-

1,750

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

Additions

724

At 30 April 2020

724

NET BOOK VALUE

At 30 April 2020

724

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Trade debtors

59,656

11,537

Other debtors

-

22,833

59,656

34,370

8.	CURRENT ASSET INVESTMENTS

30.4.20

30.4.19

£

£

Own shares

78

-

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Trade creditors

38,434

14,056

Taxation and social security

2,950

853

Other creditors

39,601

530,647

80,985

545,556

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is The Bradgate Group Ltd.