SEO Travel Ltd - Period Ending 2016-03-31

Registration number: 08417732

SEO Travel Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

Kilburn Clark Ltd
Chartered Certified Accountants and Business Consultants
4 Woodlea Drive
Meanwood
Leeds
LS6 4SQ

SEO Travel Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
SEO Travel Ltd
for the Year Ended 31 March 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SEO Travel Ltd for the year ended 31 March 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of SEO Travel Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of SEO Travel Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SEO Travel Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that SEO Travel Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SEO Travel Ltd. You consider that SEO Travel Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of SEO Travel Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Kilburn Clark Ltd
Chartered Certified Accountants and Business Consultants
4 Woodlea Drive
Meanwood
Leeds
LS6 4SQ

22 July 2015

Page 1

SEO Travel Ltd
(Registration number: 08417732)
Abbreviated Balance Sheet at 31 March 2015

		Note			31 March 2015 £			31 March 2014 £
Fixed assets
Tangible fixed assets					2,591			1,556
Current assets
Debtors					12,847			22,104
Cash at bank and in hand					63,134			44,200
					75,981			66,304
Creditors: Amounts falling due within one year					(40,948)			(39,622)
Net current assets					35,033			26,682
Net assets					37,624			28,238
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					37,622			28,236
Shareholders' funds					37,624			28,238

For the year ending 31 March 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 22 July 2015 and signed on its behalf by:

.........................................
Mrs Claire McLoughlin
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

SEO Travel Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful econmic life as follows:

Asset class	Depreciation method and rate
Plant & Machinery	Straight line - 33%
Office Equipment	Straight line - 20%

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

SEO Travel Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2014		2,070			2,070
Additions		1,821			1,821
At 31 March 2015		3,891			3,891
Depreciation
At 1 April 2014		514			514
Charge for the year		786			786
At 31 March 2015		1,300			1,300
Net book value
At 31 March 2015		2,591			2,591
At 31 March 2014		1,556			1,556

3	Share capital

Allotted, called up and fully paid shares

	31 March 2015						31 March 2014
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 4