Travel and Insure Ltd,Ltd - AccountsLtd - Accounts

Travel and Insure Ltd,Ltd - AccountsLtd - Accounts


2017-04-01 05708179 2018-03-31 05708179 2017-04-01 2018-03-31 05708179 2017-03-31 05708179 2016-04-01 2017-03-31 05708179 uk-core:WithinOneYear 2017-03-31 05708179 uk-core:WithinOneYear 2018-03-31 05708179 uk-core:AfterOneYear 2017-03-31 05708179 uk-core:AfterOneYear 2018-03-31 05708179 uk-core:ShareCapital 2018-03-31 05708179 uk-core:ShareCapital 2017-03-31 05708179 uk-core:SharePremium 2018-03-31 05708179 uk-core:SharePremium 2017-03-31 05708179 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 05708179 uk-core:RetainedEarningsAccumulatedLosses 2017-03-31 05708179 uk-bus:Director1 2017-04-01 2018-03-31 iso4217:GBP xbrli:pure 05708179 uk-bus:AuditExemptWithAccountantsReport 2017-04-01 2018-03-31 05708179 uk-bus:FRS102 2017-04-01 2018-03-31 05708179 uk-bus:FullAccounts 2017-04-01 2018-03-31 05708179 uk-bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31
Travel and Insure Ltd
Registered Number:05708179
For the year ended 31 March 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2018
Travel and Insure Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2018
Travel and Insure Ltd
Statement of Financial Position
Registered Number :
05708179
£
£
2017
2018
Notes
Current assets
Trade and other receivables
3,992
3,992
2
2,298
Cash and cash equivalents
1,999
5,991
6,290
Trade and other payables: amounts falling due within one
year
(176)
(181)
3
6,114
5,810
Net current assets
Total assets less current liabilities
5,810
6,114
Trade and other payables: amounts falling due after more
than one year
(500)
(500)
4
5,310
Net assets
5,614
Capital and reserves
Called up share capital
250
250
Share premium account
15,970
15,970
Retained earnings
(10,910)
(10,606)
5,310
5,614
Shareholders' funds
For the year ended 31 March 2018 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 of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Nigel Dedman Director
These financial statements were approved and authorised for issue by the Board on 06 December 2018 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2018
Travel and Insure Ltd
Notes to the Financial Statements
Statutory Information
Travel and Insure Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05708179.
Registered address:
St John's House
St John's Street
Chichester
West Sussex
PO19 1UU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax.
Going Concern
Travel and Insure is considered to be a going concern, despite continued losses, as it is financially supported by its
share capital and by Trade Aid International Ltd.
2. Trade and other receivables
2017
2018
£
£
Other debtors
3,992
3,992
3. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Other creditors
181
176
4. Trade and other payables: amounts falling due after more than one year
2017
2018
£
£
Other creditors
500
500
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5
For the year ended 31 March 2018
Travel and Insure Ltd
Notes to the Financial Statements Continued
5. Average number of persons employed
During the year the average number of employees was 2 (2017 : 2).
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