Travel Destinations Limited - Limited company accounts 16.3
Travel Destinations Limited - Limited company accounts 16.3
| REGISTERED NUMBER: |
| Report of the Directors and |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2016 |
| for |
| TRAVEL DESTINATIONS LIMITED |
| TRAVEL DESTINATIONS LIMITED (REGISTERED NUMBER: 03241674) |
| Contents of the Financial Statements |
| for the year ended 31 December 2016 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| TRAVEL DESTINATIONS LIMITED |
| Company Information |
| for the year ended 31 December 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Springfield House |
| 99/101 Crossbrook Street |
| Waltham Cross |
| Hertfordshire |
| EN8 8JR |
| TRAVEL DESTINATIONS LIMITED (REGISTERED NUMBER: 03241674) |
| Report of the Directors |
| for the year ended 31 December 2016 |
| The directors present their report with the financial statements of the company for the year ended 31 December 2016. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of a travel agent. |
| DIRECTORS |
| The directors shown below have held office during the whole of the period from 1 January 2016 to the date of this |
| report. |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small |
| companies. |
| ON BEHALF OF THE BOARD: |
| TRAVEL DESTINATIONS LIMITED (REGISTERED NUMBER: 03241674) |
| Income Statement |
| for the year ended 31 December 2016 |
| 2016 | 2015 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING PROFIT | 4 |
| Interest receivable and similar income |
| PROFIT BEFORE TAXATION |
| Tax on profit |
| PROFIT FOR THE FINANCIAL YEAR |
| TRAVEL DESTINATIONS LIMITED (REGISTERED NUMBER: 03241674) |
| Balance Sheet |
| 31 December 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Investments | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| 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. |
| The financial statements were approved by the Board of Directors on |
| TRAVEL DESTINATIONS LIMITED (REGISTERED NUMBER: 03241674) |
| Notes to the Financial Statements |
| for the year ended 31 December 2016 |
| 1. | STATUTORY INFORMATION |
| Travel Destinations Limited is a |
| 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 |
| 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 |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 2016 | 2015 |
| £ | £ |
| Depreciation - owned assets |
| TRAVEL DESTINATIONS LIMITED (REGISTERED NUMBER: 03241674) |
| Notes to the Financial Statements - continued |
| for the year ended 31 December 2016 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 January 2016 |
| Additions |
| At 31 December 2016 |
| DEPRECIATION |
| At 1 January 2016 |
| Charge for year |
| At 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| At 31 December 2015 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Other debtors |
| VAT |
| Prepayments |
| 7. | CURRENT ASSET INVESTMENTS |
| 2016 | 2015 |
| £ | £ |
| Unlisted investments | 80,175 | 80,175 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Tax |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts | 5,845 | 289 |
| Accruals and deferred income |
| Accrued expenses |
| 9. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £5,555 were paid to the directors . |
| 10. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party of the company is Mr A J Melley by virtue of his shareholding. |