ASTUTE_TRAVEL_AND_HOSPITA - Accounts

ASTUTE TRAVEL AND HOSPITALITY SERVICES LTD - Company Information

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Company Registration No. 04455334 (England and Wales)

ASTUTE TRAVEL AND HOSPITALITY SERVICES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2014

ASTUTE TRAVEL AND HOSPITALITY SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

ASTUTE TRAVEL AND HOSPITALITY SERVICES LIMITED

ABBREVIATED BALANCE SHEET - UNAUDITED

AS AT

30 JUNE 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

157

Current assets

Debtors

2,785

2,871

Cash at bank and in hand

2,810

2,871

Creditors: amounts falling due within one year

(16,065)

(16,629)

Net current liabilities

(13,255)

(13,758)

Total assets less current liabilities

(13,255)

(13,601)

(13,255)

(13,601)

Capital and reserves

Called up share capital

Profit and loss account

(13,256)

(13,602)

Shareholders' funds

(13,255)

(13,601)

For the financial year ended 30 June 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 5 June 2015

Ms L M Gannon

Director

Company Registration No. 04455334

ASTUTE TRAVEL AND HOSPITALITY SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS - UNAUDITED

FOR THE YEAR ENDED 30 JUNE 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts. The turnover and profit before taxation are attributable to the one principal activity of the company, all of which arises in the United Kingdom.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

3 years on the straight line method

1.4

Deferred taxation

Deferred taxation arises as a result of including items of income and expenditure in taxation computations in periods defferent from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Fixed assets

Tangible assets

Cost

At 1 July 2013 & at 30 June 2014

872

Depreciation

At 1 July 2013

715

Charge for the year

157

At 30 June 2014

872

Net book value

At 30 June 2014

At 30 June 2013

157

Share capital

2014

2013

Allotted, called up and fully paid

1 Ordinary share of £1 each