Budjet Travel Limited Filleted accounts for Companies House (small and micro)

0 false false false false false false false false false true false false false false false false No description of principal activity 2019-03-01 Sage Accounts Production Advanced 2020 - FRS102_2019 1,077 1,077 xbrli:pure xbrli:shares iso4217:GBP 06363771 2019-03-01 2020-02-29 06363771 2020-02-29 06363771 2019-02-28 06363771 core:FurnitureFittings 2019-03-01 2020-02-29 06363771 bus:Director1 2019-03-01 2020-02-29 06363771 core:FurnitureFittings 2020-02-29 06363771 core:WithinOneYear 2020-02-29 06363771 core:WithinOneYear 2019-02-28 06363771 core:ShareCapital 2020-02-29 06363771 core:ShareCapital 2019-02-28 06363771 core:RetainedEarningsAccumulatedLosses 2020-02-29 06363771 core:RetainedEarningsAccumulatedLosses 2019-02-28 06363771 bus:Director1 2018-02-28 06363771 bus:Director1 2018-03-01 2019-02-28 06363771 bus:SmallEntities 2019-03-01 2020-02-29 06363771 bus:AuditExempt-NoAccountantsReport 2019-03-01 2020-02-29 06363771 bus:FullAccounts 2019-03-01 2020-02-29 06363771 bus:SmallCompaniesRegimeForAccounts 2019-03-01 2020-02-29 06363771 bus:PrivateLimitedCompanyLtd 2019-03-01 2020-02-29

COMPANY REGISTRATION NUMBER: 06363771

Budjet Travel Limited

Filleted Unaudited Financial Statements

29 February 2020

Budjet Travel Limited

Statement of Financial Position

29 February 2020

	2020	2019
Note	£	£

Current assets

Cash at bank and in hand	32,137	26,508

Creditors: amounts falling due within one year	4	22,538	19,957
		--------	--------
Net current assets		9,599	6,551
		-------	-------
Total assets less current liabilities		9,599	6,551
		-------	-------
Net assets		9,599	6,551
		-------	-------

Capital and reserves

Called up share capital	2	2
Profit and loss account	9,597	6,549
	-------	-------
Shareholders funds	9,599	6,551
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 29 February 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 23 November 2020 , and are signed on behalf of the board by:

R J Goates

Director

Company registration number: 06363771

Budjet Travel Limited

Accounting Policies

Year ended 29 February 2020

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover represents the invoiced value, net of Value Added Tax, of goods sold and services provided to customers. Transactions relating to customer bookings are reflected in turnover in the period in which the booking is paid for, to the extent that there is a reasonable certainty that such transactions will be completed.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures,fittings and equipment	-	25% straight line

Budjet Travel Limited

Notes to the Financial Statements

Year ended 29 February 2020

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Beechwood, 72 Moor Lane, Rickmansworth, Herts, WD3 1LQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 March 2019 and 29 February 2020	1,077	1,077
	-------	-------
Depreciation
At 1 March 2019 and 29 February 2020	1,077	1,077
	-------	-------
Carrying amount
At 29 February 2020	–	–
	-------	-------
At 28 February 2019	–	–
	-------	-------

4. Creditors: amounts falling due within one year

	2020	2019
	£	£
Corporation tax	1,749	3,937
Social security and other taxes	1,636	446
Other creditors	19,153	15,574
	--------	--------
	22,538	19,957
	--------	--------

5. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2020
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
R J Goates	–	–	–
	----	----	----

	2019
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
R J Goates	32,206	( 32,206)	–
	--------	--------	----

6. Related party transactions

The company was under the control of Richard Goates and Rachel Goates, directors of the company.