Company Registration No. 10964357 (England and Wales)
Fun London Tours Ltd
Unaudited accounts
for the year ended 31 March 2022
Fun London Tours Ltd
Unaudited accounts
Contents
Fun London Tours Ltd
Company Information
for the year ended 31 March 2022
Company Number
10964357 (England and Wales)
Registered Office
116 Andrewes House
Barbican
London
EC2Y 8AY
Accountants
Yukimi Rabnott FCPFA for and on behalf of
On The Spot
Trading Name of Carson Rabnott Limited
EC2Y 8BY
Fun London Tours Ltd
Statement of financial position
as at 31 March 2022
Intangible assets
6,492
8,491
Cash at bank and in hand
29,252
22,480
Creditors: amounts falling due within one year
(7,327)
(455)
Net current assets
23,649
42,217
Called up share capital
1
1
Profit and loss account
30,266
50,957
Shareholders' funds
30,267
50,958
For the year ending 31 March 2022 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 August 2022 and were signed on its behalf by
Matthew Gedge
Director
Company Registration No. 10964357
Fun London Tours Ltd
Notes to the Accounts
for the year ended 31 March 2022
Fun London Tours Ltd is a private company, limited by shares, registered in England and Wales, registration number 10964357. The registered office is 116 Andrewes House, Barbican, London, EC2Y 8AY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services on a percentage degree of completion basis calculated by reference to the time expended compared to the total anticipated time.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is amortised on a straight line basis over its estimated useful economic life of 10 years. The website is amortised on a straight line basis over its estimated useful economic life of 5 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
Fun London Tours Ltd
Notes to the Accounts
for the year ended 31 March 2022
4
Intangible fixed assets
Goodwill
Other
Total
At 1 April 2021
10,987
4,500
15,487
At 31 March 2022
10,987
4,500
15,487
At 1 April 2021
3,846
3,150
6,996
Charge for the year
1,099
900
1,999
At 31 March 2022
4,945
4,050
8,995
At 31 March 2022
6,042
450
6,492
At 31 March 2021
7,141
1,350
8,491
5
Tangible fixed assets
Plant & machinery
6
Debtors: amounts falling due within one year
2022
2021
7
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
5,724
-
Other creditors
1,284
1,380
Fun London Tours Ltd
Notes to the Accounts
for the year ended 31 March 2022
8
Transactions with related parties
There were no material transactions with directors and shareholders that were not conducted under normal market conditions.
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).