Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-310false2022-04-01No description of principal activity0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05325089 2022-04-01 2023-03-31 05325089 2021-04-01 2022-03-31 05325089 2023-03-31 05325089 2022-03-31 05325089 c:Director2 2022-04-01 2023-03-31 05325089 d:CurrentFinancialInstruments 2023-03-31 05325089 d:CurrentFinancialInstruments 2022-03-31 05325089 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05325089 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 05325089 d:ShareCapital 2023-03-31 05325089 d:ShareCapital 2022-03-31 05325089 d:RetainedEarningsAccumulatedLosses 2023-03-31 05325089 d:RetainedEarningsAccumulatedLosses 2022-03-31 05325089 c:FRS102 2022-04-01 2023-03-31 05325089 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 05325089 c:FullAccounts 2022-04-01 2023-03-31 05325089 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05325089 2 2022-04-01 2023-03-31 05325089 4 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 05325089









NDL TRAVEL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
NDL TRAVEL LIMITED
REGISTERED NUMBER: 05325089

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
275,164
99,141

Cash at bank and in hand
  
6,350
17,086

  
281,514
116,227

Creditors: amounts falling due within one year
 5 
(115,611)
(12,811)

Net current assets
  
 
 
165,903
 
 
103,416

Total assets less current liabilities
  
165,903
103,416

  

Net assets
  
165,903
103,416


Capital and reserves
  

Called up share capital 
  
50,000
50,000

Profit and loss account
  
115,903
53,416

  
165,903
103,416


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 August 2023.




S A Deyong
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
NDL TRAVEL LIMITED
REGISTERED NUMBER: 05325089
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023


Page 2

 
NDL TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

NDL Travel Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS. 
The financial statements are prepared in sterling, which is the functional and presentational currency of the company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. Due to the nature of the
company's activities the directors do not expect the impact of Covid-19 and the measures taken to
contain it to be significant to the company. The company will receive support from group companies if required. The company therefore continues to adopt the going concern basis in preparing its financial statements. 

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax.
Revenue is recognised on the sale of travel agency services when the significant risks and rewards of ownership of the services are transferred to the buyer and the amount of revenue can be measured reliably. The company recognises revenue on departure date.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

Page 3

 
NDL TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.9

Creditors

Short term creditors are measured at the transaction price.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).


4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
156,511
14,214

Other debtors
511
3,675

Prepayments and accrued income
118,142
81,252

275,164
99,141



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,379
2,687

Accruals and deferred income
113,232
10,124

115,611
12,811


Page 4

 
NDL TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Related party transactions

The company is exempt from disclosing related party transactions as all transactions are with companies that are wholly owned and within the group. 


7.


Controlling party

The ultimate parent undertaking is Nick Deyong Limited. The address of its registered office is 124 Finchley Road, London, NW3 5JS. The ultimate controlling party is Mr N J Deyong.

 
Page 5