General Information
Ceejay Travel Limited is a private company, limited by shares, registered in England and Wales, registration number 05037037, registration address 274 Watford Road, Harrow, Middlesex , HA1 3TT.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Group accounts
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
Preference dividends
Where preference shares are classed as liabilities rather than equity any preference dividends paid are included in interest payable and similar charges within the income statement.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, 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:
|
| 2. |
Average number of employees
Average number of employees during the year was 5 (2022 : 2).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Total |
| |
£ |
|
£ |
| At 01 April 2022 |
72,512 |
|
72,512 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 March 2023 |
72,512 |
|
72,512 |
| Depreciation |
| At 01 April 2022 |
70,164 |
|
70,164 |
| Charge for year |
2,006 |
|
2,006 |
| On disposals |
- |
|
- |
| At 31 March 2023 |
72,170 |
|
72,170 |
| Net book values |
| Closing balance as at 31 March 2023 |
342 |
|
342 |
| Opening balance as at 01 April 2022 |
2,348 |
|
2,348 |
|
| 4. |
Debtors: amounts falling due within one year
|
2023
£ |
|
2022
£ |
| Trade Debtors |
107,296 |
|
0 |
| Corporation Tax |
0 |
|
62 |
| VAT |
156 |
|
138 |
|
107,452 |
|
200 |
|
| 5. |
Creditors: amount falling due within one year
|
2023
£ |
|
2022
£ |
| Trade Creditors |
44,523 |
|
53,108 |
| Corporation Tax |
423 |
|
0 |
| PAYE & Social Security |
3,477 |
|
3,139 |
| Amount received in advance |
31,350 |
|
81,403 |
|
79,773 |
|
137,650 |
|
3
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