Registered number: 10132952 | ||||||||
FOR THE YEAR ENDED 31 OCTOBER 2022 | ||||||||
Prepared By: | ||||||||
Lever Bros & Co | ||||||||
Chartered Accountants | ||||||||
First Floor, 690 Great West Road | ||||||||
Osterley Village | ||||||||
Isleworth | ||||||||
TW7 4PU |
London Business Travel Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 OCTOBER 2022 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 10132952 | ||||||||
ACCOUNTANTS | ||||||||
Lever Bros & Co | ||||||||
Chartered Accountants | ||||||||
First Floor, 690 Great West Road | ||||||||
Osterley Village | ||||||||
Isleworth | ||||||||
TW7 4PU |
London Business Travel Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 OCTOBER 2022 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
London Business Travel Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2022 | 2021 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
60,216 | 2,152 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (45,725) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 96,710 | - | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS / (LIABILITIES) | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 31,561 | (21,770) | ||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
London Business Travel Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 OCTOBER 2022 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | reducing balance 25% |
1c. Taxation | ||||||||
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. |
1d. Turnover | ||||||||
Turnover is derived from the provision of motoring services supplied by the company and is recognised when services are rendered. |
1e. Statutory Information | ||||||||
London Business Travel Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 10132952 and registered office address is Flat 38, Garden Royal, Kersfield Road, London, England, SW15 3HE. |
1f. Financial Instruments | ||||||||
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments. |
London Business Travel Limited | ||||||||
2. EMPLOYEES | ||||||
2022 | 2021 | |||||
No. | No. | |||||
Average number of employees | - | |||||
3. TANGIBLE FIXED ASSETS | ||||||
Plant and | Commercial | |||||
Machinery | Vehicles | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 November 2021 | 199 | 49,822 | 50,021 | |||
Additions | 1,016 | 140,906 | 141,922 | |||
Disposals | - | (8,304) | (8,304) | |||
At 31 October 2022 | 1,215 | 182,424 | 183,639 | |||
Depreciation | ||||||
At 1 November 2021 | 84 | 20,240 | 20,324 | |||
For the year | 177 | 12,010 | 12,187 | |||
At 31 October 2022 | 261 | 32,250 | 32,511 | |||
Net Book Amounts | ||||||
At 31 October 2022 | 151,128 | |||||
At 31 October 2021 | 29,697 | |||||
4. DEBTORS | 2022 | 2021 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 15,259 | - | ||||||
Other debtors | 7,710 | - | ||||||
22,969 | - | |||||||
London Business Travel Limited | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2022 | 2021 | |||||||
£ | £ | |||||||
Directors current account | 19,752 | 14,642 | ||||||
Bank Loan | 7,454 | 32,515 | ||||||
Hire purchase | 449 | - | ||||||
Other creditors | 34,052 | - | ||||||
Accruals | 600 | 720 | ||||||
62,307 | 47,877 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2022 | 2021 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 17,608 | - | ||||||
Hire purchase >1yr | 79,102 | - | ||||||
96,710 | - | |||||||
7. PROVISIONS FOR LIABILITIES | 2022 | 2021 | ||||||
£ | £ | |||||||
Deferred taxation | 20,666 | 5,642 | ||||||
20,666 | 5,642 | |||||||
8. SHARE CAPITAL | 2022 | 2021 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||