The Shaw Travel Company Limited - Period Ending 2015-03-31

Registration number: 04118912

The Shaw Travel Company Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

E J Business Consultants Limited
The Rectory
1 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

The Shaw Travel Company Limited
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 Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
The Shaw Travel Company Limited
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 The Shaw Travel Company Limited 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of The Shaw Travel Company Limited, 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 The Shaw Travel Company Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Shaw Travel Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Shaw Travel Company Limited 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 The Shaw Travel Company Limited. You consider that The Shaw Travel Company Limited 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 The Shaw Travel Company Limited. 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.

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

E J Business Consultants Limited
The Rectory
1 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

30 June 2015

Page 1

The Shaw Travel Company Limited
(Registration number: 04118912)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Fixed assets
Intangible fixed assets					250			250
Tangible fixed assets					-			117
					250			367
Current assets
Debtors					641			21,770
Cash at bank and in hand					223,400			175,518
					224,041			197,288
Creditors: Amounts falling due within one year					(89,230)			(35,260)
Net current assets					134,811			162,028
Net assets					135,061			162,395
Capital and reserves
Called up share capital		3			4			4
Profit and loss account					135,057			162,391
Shareholders' funds					135,061			162,395

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 director acknowledges her 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 director on 30 June 2015

.........................................
Lady Shaw
Director

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

The Shaw Travel Company Limited
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.

Amortisation

The patent is not subject to amortisation.

Asset class	Amortisation method and rate
Patent	This asset is not amortised

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 economic life as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% on cost
Office Equipment	25% on cost

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

The Shaw Travel Company Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 April 2014		250			8,286			8,536
At 31 March 2015		250			8,286			8,536
Depreciation
At 1 April 2014		-			8,169			8,169
Charge for the year		-			117			117
At 31 March 2015		-			8,286			8,286
Net book value
At 31 March 2015		250			-			250
At 31 March 2014		250			117			367

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary Shares of £1 each		4			4			4			4

Page 4