IRIS Accounts Production v23.1.0.753 03529728 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure035297282022-03-31035297282023-03-31035297282022-04-012023-03-31035297282021-03-31035297282021-04-012022-03-31035297282022-03-3103529728ns16:EnglandWales2022-04-012023-03-3103529728ns15:PoundSterling2022-04-012023-03-3103529728ns11:Director12022-04-012023-03-3103529728ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3103529728ns11:SmallEntities2022-04-012023-03-3103529728ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3103529728ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3103529728ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3103529728ns11:FullAccounts2022-04-012023-03-3103529728ns11:OrdinaryShareClass12022-04-012023-03-3103529728ns11:RegisteredOffice2022-04-012023-03-3103529728ns6:CurrentFinancialInstruments2023-03-3103529728ns6:CurrentFinancialInstruments2022-03-3103529728ns6:ShareCapital2023-03-3103529728ns6:ShareCapital2022-03-3103529728ns6:RetainedEarningsAccumulatedLosses2023-03-3103529728ns6:RetainedEarningsAccumulatedLosses2022-03-3103529728ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3103529728ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3103529728ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 03529728 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

INTERNATIONAL TRAVEL & BUSINESS
INVESTMENTS LIMITED

INTERNATIONAL TRAVEL & BUSINESS
INVESTMENTS LIMITED (REGISTERED NUMBER: 03529728)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INTERNATIONAL TRAVEL & BUSINESS
INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: N Hagendorens





REGISTERED OFFICE: Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT





REGISTERED NUMBER: 03529728 (England and Wales)





ACCOUNTANTS: Astral Accountancy Services Limited
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT

INTERNATIONAL TRAVEL & BUSINESS
INVESTMENTS LIMITED (REGISTERED NUMBER: 03529728)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 73,424 56,723
Cash at bank 54,624 75,888
128,048 132,611
CREDITORS
Amounts falling due within one year 5 26,838 35,603
NET CURRENT ASSETS 101,210 97,008
TOTAL ASSETS LESS CURRENT
LIABILITIES

101,210

97,008

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 101,208 97,006
SHAREHOLDERS' FUNDS 101,210 97,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 October 2023 and were signed by:



N Hagendorens - Director


INTERNATIONAL TRAVEL & BUSINESS
INVESTMENTS LIMITED (REGISTERED NUMBER: 03529728)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

International Travel & Business Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in the accounting policies below.

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised for the provision of services when it is probable that an economic benefit will flow to the entity and the revenue and costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

INTERNATIONAL TRAVEL & BUSINESS
INVESTMENTS LIMITED (REGISTERED NUMBER: 03529728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade Debtors 71,796 30,904
Other Debtors - 25,819
VAT 1,628 -
73,424 56,723

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade Creditors 330 426
Tax 986 8,594
Other creditors 250 -
Directors' current accounts 23,023 24,333
Accruals & Deferred Income 2,249 2,250
26,838 35,603

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2