Abbreviated Company Accounts - 118 TRAVEL LIMITED

Abbreviated Company Accounts - 118 TRAVEL LIMITED

118 TRAVEL LIMITED - Company Information

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Registered Number 04990539

118 TRAVEL LIMITED

Abbreviated Accounts

30 April 2013

118 TRAVEL LIMITED Registered Number 04990539

Abbreviated Balance Sheet as at 30 April 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets - -
Tangible assets 2 7,500 10,897
7,500 10,897
Current assets
Debtors 140,000 148,386
Cash at bank and in hand 200,000 202,178
340,000 350,564
Creditors: amounts falling due within one year (280,000) (262,228)
Net current assets (liabilities) 60,000 88,336
Total assets less current liabilities 67,500 99,233
Creditors: amounts falling due after more than one year (250,000) (297,076)
Total net assets (liabilities) (182,500) (197,843)
Capital and reserves
Called up share capital 6 6
Profit and loss account (182,506) (197,849)
Shareholders' funds (182,500) (197,843)
  • For the year ending 30 April 2013 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 August 2014

And signed on their behalf by:
Steven Endacott, Director

118 TRAVEL LIMITED Registered Number 04990539

Notes to the Abbreviated Accounts for the period ended 30 April 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represent amounts due in respect of the sale of travel services and also commissions due where company is acting as an agent for other travel and accommodation providers.

Tangible assets depreciation policy
33% Straight Line

2Tangible fixed assets
£
Cost
At 1 May 2012 51,570
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2013 51,570
Depreciation
At 1 May 2012 40,673
Charge for the year 3,397
On disposals -
At 30 April 2013 44,070
Net book values
At 30 April 2013 7,500
At 30 April 2012 10,897