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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
Page
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Fun London Tours Ltd Company Information for the year ended 31 March 2022
Director
Matthew Gedge
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
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Fun London Tours Ltd Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,492 
8,491 
Tangible assets
126 
250 
6,618 
8,741 
Current assets
Debtors
1,724 
20,192 
Cash at bank and in hand
29,252 
22,480 
30,976 
42,672 
Creditors: amounts falling due within one year
(7,327)
(455)
Net current assets
23,649 
42,217 
Net assets
30,267 
50,958 
Capital and reserves
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
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Fun London Tours Ltd Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
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.
3
Accounting policies
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
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
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
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.
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Fun London Tours Ltd Notes to the Accounts for the year ended 31 March 2022
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 April 2021
10,987 
4,500 
15,487 
At 31 March 2022
10,987 
4,500 
15,487 
Amortisation
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 
Net book value
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 
£ 
Cost or valuation
At cost 
At 1 April 2021
1,225 
At 31 March 2022
1,225 
Depreciation
At 1 April 2021
975 
Charge for the year
124 
At 31 March 2022
1,099 
Net book value
At 31 March 2022
126 
At 31 March 2021
250 
6
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
1,724 
20 
Other debtors
- 
20,172 
1,724 
20,192 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
(1,051)
(1,051)
Trade creditors
1,370 
126 
Taxes and social security
5,724 
- 
Other creditors
1,284 
1,380 
7,327 
455 
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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).
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