Travel Assist Services Ltd,Ltd - AccountsLtd - Accounts

Travel Assist Services Ltd,Ltd - AccountsLtd - Accounts

TRAVEL ASSIST SERVICES LIMITED - Company Information

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2020-11-01 07403274 2021-10-31 07403274 2020-11-01 2021-10-31 07403274 2020-10-31 07403274 2019-11-01 2020-10-31 07403274 uk-core:WithinOneYear 2020-10-31 07403274 uk-core:WithinOneYear 2021-10-31 07403274 uk-core:AfterOneYear 2020-10-31 07403274 uk-core:AfterOneYear 2021-10-31 07403274 uk-core:RetainedEarningsAccumulatedLosses 2021-10-31 07403274 uk-core:RetainedEarningsAccumulatedLosses 2020-10-31 07403274 uk-bus:Director1 2020-11-01 2021-10-31 07403274 uk-core:CommercialMotorVehicles 2020-11-01 2021-10-31 07403274 uk-core:FurnitureFittings 2020-11-01 2021-10-31 07403274 uk-core:FurnitureFittings 2020-10-31 07403274 uk-core:CommercialMotorVehicles 2020-10-31 07403274 uk-core:CommercialMotorVehicles 2021-10-31 07403274 uk-core:FurnitureFittings 2021-10-31 07403274 uk-core:AfterOneYear uk-core:Secured 2021-10-31 07403274 uk-core:AfterOneYear uk-core:Secured 2020-10-31 iso4217:GBP xbrli:pure 07403274 uk-bus:AuditExemptWithAccountantsReport 2020-11-01 2021-10-31 07403274 uk-bus:FRS102 2020-11-01 2021-10-31 07403274 uk-bus:FullAccounts 2020-11-01 2021-10-31 07403274 uk-bus:CompanyLimitedByGuarantee 2020-11-01 2021-10-31
Travel Assist Services Ltd
Registered Number:07403274
For the year ended 31 October 2021
England and Wales
Unaudited Financial Statements
2
Registered Number :
07403274
As at 31 October 2021
Travel Assist Services Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
378,244
159,700
2
378,244
159,700
Current assets
Trade and other receivables
33,804
108,551
3
276,741
Cash and cash equivalents
361,295
469,846
310,545
Trade and other payables: amounts falling due within one year
(2,107)
(32,857)
4
308,438
436,989
Net current assets
Total assets less current liabilities
815,233
468,138
Trade and other payables: amounts falling due after more than
one year
(238,782)
(437,832)
5
377,401
Net assets
229,356
Capital and reserves
Retained earnings
377,401
229,356
377,401
229,356
Members' Funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
James Coulthard Director
These financial statements were approved and authorised for issue by the Board on 14 January 2022 and were signed by:
The notes form part of these financial statements
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3
For the year ended 31 October 2021
Travel Assist Services Ltd
Notes to the Financial Statements
Statutory Information
Travel Assist Services Ltd is a private limited company, limited by guarantee, domiciled in England and Wales, registration
number 07403274.
Registered address:
Hillside Garage
Edward Street
Darwen
Lancs
BB3 1AY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures and fittings
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
£
£
£
Cost or valuation
At 01 November 2020
185,393
-
185,393
313,037
7,000
306,037
Additions
At 31 October 2021
491,430
7,000
498,430
Provision for depreciation and impairment
At 01 November 2020
25,693
-
25,693
Charge for year
94,493
976
93,517
At 31 October 2021
120,186
976
119,210
At 31 October 2021
Net book value
372,220
6,024
378,244
At 31 October 2020
159,700
-
159,700
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4
For the year ended 31 October 2021
Travel Assist Services Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2020
2021
£
£
Trade debtors
1,477
1,425
Other debtors
107,074
32,379
33,804
108,551
4. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Trade creditors
30,750
-
Taxation and social security
244
244
Other creditors
1,863
1,863
32,857
2,107
5. Trade and other payables: amounts falling due after more than one year
2020
2021
£
£
Bank loans and overdraft
60,614
83,838
Other creditors
377,218
154,944
437,832
238,782
6. Average number of persons employed
During the year the average number of employees was 1 (2020 : 1)
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