Company Registration No. 05902465 (England and Wales)
LONDON STAR TRAVEL LTD
Unaudited accounts
for the year ended 31 August 2021
LONDON STAR TRAVEL LTD
Unaudited accounts
Contents
LONDON STAR TRAVEL LTD
Company Information
for the year ended 31 August 2021
Director
Gibreel Adam ABDI GEELE
Company Number
05902465 (England and Wales)
Registered Office
255 OLD KENT ROAD
LONDON
SE1 5LU
UNITED KINGDOM
LONDON STAR TRAVEL LTD
Statement of financial position
as at 31 August 2021
Tangible assets
6,832
2,395
Cash at bank and in hand
13,392
42,713
Creditors: amounts falling due within one year
(42,860)
(155,256)
Net current assets
22,430
17,109
Total assets less current liabilities
29,262
19,504
Creditors: amounts falling due after more than one year
(100,000)
(50,000)
Net liabilities
(70,738)
(30,496)
Called up share capital
40,000
40,000
Profit and loss account
(110,738)
(70,496)
Shareholders' funds
(70,738)
(30,496)
For the year ending 31 August 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2021 and were signed on its behalf by
Gibreel Adam ABDI GEELE
Director
Company Registration No. 05902465
LONDON STAR TRAVEL LTD
Notes to the Accounts
for the year ended 31 August 2021
LONDON STAR TRAVEL LTD is a private company, limited by shares, registered in England and Wales, registration number 05902465. The registered office is 255 OLD KENT ROAD, LONDON, SE1 5LU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 August 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2019.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% Reducing balance
4
Tangible fixed assets
Fixtures & fittings
At 1 September 2020
13,029
At 1 September 2020
10,634
LONDON STAR TRAVEL LTD
Notes to the Accounts
for the year ended 31 August 2021
Amounts falling due within one year
Other debtors
51,898
57,289
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
6,055
103,153
Taxes and social security
16,283
18,645
Other creditors
20,522
33,458
7
Creditors: amounts falling due after more than one year
2021
2020
Allotted, called up and fully paid:
40,000 Ordinary shares of £1 each
40,000
40,000
9
Transactions with related parties
The company is controlled by Mr. Gibreel Adam Abdi Geele, the company's managing director. It is confirmed that the Director's current account is debited with personal transactions and credited with director's remuneration.
10
Average number of employees
During the year the average number of employees was 5 (2020: 5).
