Company Registration No. 7842806 (England and Wales)
Airbookings UK Ltd
Unaudited accounts
for the year ended 31 March 2021
Airbookings UK Ltd
Unaudited accounts
Contents
Airbookings UK Ltd
Company Information
for the year ended 31 March 2021
Company Number
7842806 (England and Wales)
Registered Office
Morriot House 54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
United Kingdom
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
Airbookings UK Ltd
Accountants' report
Accountants' report to the director of Airbookings UK Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Airbookings UK Ltd for the year ended
31 March 2021 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Airbookings UK Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Airbookings UK Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Airbookings UK Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Airbookings UK 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 loss of Airbookings UK Ltd. You consider that Airbookings UK 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 Airbookings UK 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.
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
31 December 2021
Airbookings UK Ltd
Statement of financial position
as at 31 March 2021
Tangible assets
1,359
3,112
Cash at bank and in hand
22,881
15,053
Creditors: amounts falling due within one year
(82,463)
(140,631)
Net current assets
1,530
11,976
Called up share capital
100
100
Profit and loss account
2,789
14,988
Shareholders' funds
2,889
15,088
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 December 2021 and were signed on its behalf by
Mr Santosh Verma
Director
Company Registration No. 7842806
Airbookings UK Ltd
Notes to the Accounts
for the year ended 31 March 2021
Airbookings UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 7842806. The registered office is Morriot House 54-60 Station Approach , South Ruislip, Ruislip, HA4 6SA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line basis
Motor vehicles
20% Straight line basis
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
The director is assessing, on a daily basis, the impact of the significant uncertainty arising from the COVID-19 virus. Whilst the director appreciates there is a significant uncertainty surrounding the future economic climate, the company is well placed to address these impacts. The director is satisfied that the company will be able to satisfy its financial obligations for at least 12 months from the date of signature of the financial statements, which have been prepared on the going concern basis.
Airbookings UK Ltd
Notes to the Accounts
for the year ended 31 March 2021
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2020
17,087
3,600
20,687
Disposals
-
(3,600)
(3,600)
At 31 March 2021
17,639
-
17,639
At 1 April 2020
13,975
3,600
17,575
Charge for the year
2,305
-
2,305
On disposals
-
(3,600)
(3,600)
At 31 March 2021
16,280
-
16,280
At 31 March 2021
1,359
-
1,359
At 31 March 2020
3,112
-
3,112
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
56,112
131,695
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
21,825
17,391
Taxes and social security
8,745
8,970
Other creditors
7,968
10,911
Loans from directors
40,413
103,359
7
Transactions with related parties
Included in other creditors above is a loan of £40,413 (2020 - £103,359) from Santosh Verma, the company director.
8
Average number of employees
During the year the average number of employees was 6 (2020: 9).
