Jetstream Tours Ltd - Accounts to registrar (filleted) - small 18.2
Jetstream Tours Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 November 2020 |
| for |
| Jetstream Tours Ltd |
| Jetstream Tours Ltd (Registered number: 08773309) |
| Contents of the Financial Statements |
| for the Year Ended 30 November 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Jetstream Tours Ltd |
| Company Information |
| for the Year Ended 30 November 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Stirling House |
| Sunderland Quay |
| Culpeper Close |
| Rochester |
| Kent |
| ME2 4HN |
| Jetstream Tours Ltd (Registered number: 08773309) |
| Balance Sheet |
| 30 November 2020 |
| 30.11.20 | 30.11.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 9 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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. |
| Jetstream Tours Ltd (Registered number: 08773309) |
| Balance Sheet - continued |
| 30 November 2020 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Jetstream Tours Ltd (Registered number: 08773309) |
| Notes to the Financial Statements |
| for the Year Ended 30 November 2020 |
| 1. | STATUTORY INFORMATION |
| Jetstream Tours Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts covering the year to 30 November 2019 have been prepared on a going concern basis. The director is currently in negotiations with a local authority to provide ferry services to passengers which should return the company to profits. |
| The balance sheet deficit of £179,884 is covered by loans from the director, director's friends and family members totalling £258,636 . These loans will not be called upon in the next 12 months. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Jetstream Tours Ltd (Registered number: 08773309) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor |
| machinery | vehicles | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 December 2019 |
| Disposals | ( |
) | ( |
) |
| Revaluations |
| At 30 November 2020 |
| DEPRECIATION |
| At 1 December 2019 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 November 2020 |
| NET BOOK VALUE |
| At 30 November 2020 |
| At 30 November 2019 |
| Cost or valuation at 30 November 2020 is represented by: |
| Plant and | Motor |
| machinery | vehicles | Totals |
| £ | £ | £ |
| Valuation in 2020 | 291,777 | - | 291,777 |
| Cost | 288,894 | 13,713 | 302,607 |
| 580,671 | 13,713 | 594,384 |
| 5. | STOCKS |
| 30.11.20 | 30.11.19 |
| £ | £ |
| Stocks |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.20 | 30.11.19 |
| £ | £ |
| Trade debtors |
| VAT |
| Prepayments |
| Jetstream Tours Ltd (Registered number: 08773309) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2020 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.20 | 30.11.19 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Social security and other taxes |
| Other creditors |
| Gladys Bain Loan | 35,000 | 35,000 |
| Credit Card | - | 659 |
| Directors' current accounts | 15,693 | 22,466 |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.11.20 | 30.11.19 |
| £ | £ |
| Bank loans - 2-5 years |
| Bank loan | 50,220 | - |
| 9. | RESERVES |
| Revaluation |
| reserve |
| £ |
| Revaluation | 291,777 |
| At 30 November 2020 |