Budjet Travel Limited Filleted accounts for Companies House (small and micro)

0 false false false false false false false false false true false false false false false false No description of principal activity 2022-03-01 Sage Accounts Production Advanced 2021 - FRS102_2021 1,077 782 1,859 1,077 782 xbrli:pure xbrli:shares iso4217:GBP 06363771 2022-03-01 2023-02-28 06363771 2023-02-28 06363771 2022-02-28 06363771 2022-02-28 06363771 core:FurnitureFittings 2022-03-01 2023-02-28 06363771 bus:Director1 2022-03-01 2023-02-28 06363771 core:FurnitureFittings 2023-02-28 06363771 core:WithinOneYear 2023-02-28 06363771 core:WithinOneYear 2022-02-28 06363771 core:ShareCapital 2023-02-28 06363771 core:ShareCapital 2022-02-28 06363771 core:RetainedEarningsAccumulatedLosses 2023-02-28 06363771 core:RetainedEarningsAccumulatedLosses 2022-02-28 06363771 core:FurnitureFittings 2022-02-28 06363771 bus:SmallEntities 2022-03-01 2023-02-28 06363771 bus:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 06363771 bus:FullAccounts 2022-03-01 2023-02-28 06363771 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 06363771 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28

COMPANY REGISTRATION NUMBER: 06363771

Budjet Travel Limited

Filleted Unaudited Financial Statements

28 February 2023

Budjet Travel Limited

Statement of Financial Position

28 February 2023

	2023	2022
Note	£	£

Fixed assets

Tangible assets	3	782	–

Current assets

Debtors	4	66	526
Cash at bank and in hand		14,269	5,624
		--------	-------
		14,335	6,150

Creditors: amounts falling due within one year	5	16,571	8,202
		--------	-------
Net current liabilities		2,236	2,052
		-------	-------
Total assets less current liabilities		( 1,454)	( 2,052)
		-------	-------
Net liabilities		( 1,454)	( 2,052)
		-------	-------

Capital and reserves

Called up share capital	2	2
Profit and loss account	( 1,456)	( 2,054)
	-------	-------
Shareholders deficit	( 1,454)	( 2,052)
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Budjet Travel Limited

Statement of Financial Position (continued)

28 February 2023

These financial statements were approved by the board of directors and authorised for issue on 26 November 2023 , and are signed on behalf of the board by:

R J Goates

Director

Company registration number: 06363771

Budjet Travel Limited

Accounting Policies

Year ended 28 February 2023

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover represents the invoiced value, net of Value Added Tax, of goods sold and services provided to customers. Transactions relating to customer bookings are reflected in turnover in the period in which the booking is paid for, to the extent that there is a reasonable certainty that such transactions will be completed.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures,fittings and equipment	-	25% straight line

Budjet Travel Limited

Notes to the Financial Statements

Year ended 28 February 2023

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Beechwood, 72 Moor Lane, Rickmansworth, Herts, WD3 1LQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 March 2022	1,077	1,077
Additions	782	782
	-------	-------
At 28 February 2023	1,859	1,859
	-------	-------
Depreciation
At 1 March 2022 and 28 February 2023	1,077	1,077
	-------	-------
Carrying amount
At 28 February 2023	782	782
	-------	-------
At 28 February 2022	–	–
	-------	-------

4. Debtors

	2023	2022
	£	£
Other debtors	66	526
	----	----

5. Creditors: amounts falling due within one year

	2023	2022
	£	£
Corporation tax	706	–
Other creditors	15,865	8,202
	--------	-------
	16,571	8,202
	--------	-------