1 false false false false false false false true false true false true false false false false No description of principal activity 2020-12-18 Sage Accounts Production Advanced 2020 - FRS102_2019 xbrli:pure xbrli:shares iso4217:GBP 13090598 2020-12-18 2021-12-31 13090598 2021-12-31 13090598 bus:Director1 2020-12-18 2021-12-31 13090598 core:WithinOneYear 2021-12-31 13090598 core:ShareCapital 2021-12-31 13090598 core:RetainedEarningsAccumulatedLosses 2021-12-31 13090598 bus:SmallEntities 2020-12-18 2021-12-31 13090598 bus:AuditExempt-NoAccountantsReport 2020-12-18 2021-12-31 13090598 bus:FullAccounts 2020-12-18 2021-12-31 13090598 bus:SmallCompaniesRegimeForAccounts 2020-12-18 2021-12-31 13090598 bus:PrivateLimitedCompanyLtd 2020-12-18 2021-12-31 13090598 core:Associate1 2020-12-18 2021-12-31 13090598 core:Associate2 2020-12-18 2021-12-31 13090598 core:KeyManagementPersonnel 2020-12-18 2021-12-31 13090598 core:Associate1 2021-12-31 13090598 core:Associate2 2021-12-31 13090598 core:KeyManagementPersonnel 2021-12-31
COMPANY REGISTRATION NUMBER: 13090598
Cabin Select Ltd
Filleted Unaudited Financial Statements
For the period ended
31 December 2021
Cabin Select Ltd
Statement of Financial Position
31 December 2021
31 Dec 21
Note
£
Current assets
Cash at bank and in hand
21,938
Creditors: amounts falling due within one year
5
109,941
---------
Net current liabilities
88,003
--------
Total assets less current liabilities
( 88,003)
--------
Capital and reserves
Called up share capital
100
Profit and loss account
( 88,103)
--------
Shareholders deficit
( 88,003)
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 9 September 2022 , and are signed on behalf of the board by:
G Ogston
Director
Company registration number: 13090598
Cabin Select Ltd
Notes to the Financial Statements
Period from 18 December 2020 to 31 December 2021
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 104 Cotton Exchange Building, Old Hall Street, Liverpool, L3 3LQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The continuance of trading is dependant on the ongoing support of the company's shareholders. These financial statements have been drawn up on a going concern basis which assumes that this support will continue.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1 .
5. Creditors: amounts falling due within one year
31 Dec 21
£
Social security and other taxes
6,450
Amounts owed to particpating interests
95,991
Other loans
7,500
---------
109,941
---------
6. Related party transactions
During the period the company entered into the following transactions with related parties:
Transaction value
Balance owed by/(owed to)
31 Dec 21
31 Dec 21
£
£
Dicover Momentum LLC
( 35,957)
( 35,957)
Digital Travel Marketing Group Limited
( 44,834)
( 44,834)
F Riley
( 15,200)
( 15,200)
--------
--------
During the period under review the company received loan advances from the above noted shareholders. The loans are interest free and repayable on demand.