Purely Travel Limited - Accounts to registrar (filleted) - small 18.2

Purely Travel Limited - Accounts to registrar (filleted) - small 18.2

PURELY TRAVEL LTD - Company Information

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REGISTERED NUMBER: 05253008 (England and Wales)















Abridged Unaudited Financial Statements for the Year Ended 31 October 2022

for

Purely Travel Limited
Purely Travel Limited (Registered number: 05253008)






Contents of the Financial Statements
for the Year Ended 31 October 2022




Page

Company Information 1

Chartered Accountants' Report 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


Purely Travel Limited

Company Information
for the Year Ended 31 October 2022







DIRECTORS: D Hodson
A Bird





SECRETARY: D Hodson





REGISTERED OFFICE: Hallings Hatch
Parkgate Road
Dorking
RH5 5DY





REGISTERED NUMBER: 05253008 (England and Wales)





ACCOUNTANTS: Reed Accounts & Tax Limited
Chartered Accountant
Hallings Hatch
Parkgate Road
Dorking
Surrey
RH5 5DY
Page 1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Purely Travel Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Purely Travel Limited for the year ended 31 October 2022 which comprise the Abridged Income Statement, Other Comprehensive Income, Abridged Balance Sheet, Statement of Changes in Equity and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Purely Travel Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Purely Travel Limited and state those matters that we have agreed to state to the Board of Directors of Purely Travel Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Purely Travel Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Purely Travel Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Purely Travel Limited. You consider that Purely Travel 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 financial statements of Purely Travel 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 financial statements.






Reed Accounts & Tax Limited
Chartered Accountant
Hallings Hatch
Parkgate Road
Dorking
Surrey
RH5 5DY


13 January 2023

This page does not form part of the statutory financial statements

Page 2
Purely Travel Limited (Registered number: 05253008)

Abridged Balance Sheet
31 October 2022

31.10.22 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 385 90

CURRENT ASSETS
Debtors 139,262 343,180
Cash at bank 314,165 259,485
453,427 602,665
CREDITORS
Amounts falling due within one year 249,445 395,055
NET CURRENT ASSETS 203,982 207,610
TOTAL ASSETS LESS CURRENT
LIABILITIES
204,367
207,700

CAPITAL AND RESERVES
Called up share capital 30,010 30,010
Retained earnings 174,357 177,690
SHAREHOLDERS' FUNDS 204,367 207,700

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006.

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.

The notes form part of these financial statements

Page 3 continued...
Purely Travel Limited (Registered number: 05253008)

Abridged Balance Sheet - continued
31 October 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 13 January 2023 and were signed on its behalf by:




D Hodson - Director



A Bird - Director


The notes form part of these financial statements

Page 4
Purely Travel Limited (Registered number: 05253008)

Notes to the Financial Statements
for the Year Ended 31 October 2022

1. STATUTORY INFORMATION

Purely Travel Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Revenue recognition
Turnover represents the invoice value of tours sold during the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

Page 5 continued...
Purely Travel Limited (Registered number: 05253008)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2021 3,537
Additions 487
At 31 October 2022 4,024
DEPRECIATION
At 1 November 2021 3,447
Charge for year 192
At 31 October 2022 3,639
NET BOOK VALUE
At 31 October 2022 385
At 31 October 2021 90

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors were advanced a net amount of £66. Included in creditors are balances due to the directors of £1,896.

6. RELATED PARTY DISCLOSURES

Included within creditors are balances due to related parties of £1,896 (2021 £1,962).

7. ULTIMATE CONTROLLING PARTY

The controlling party is no one party.

The ultimate controlling party is no one party.

Page 6