Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312021-11-15falseNo description of principal activity4falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13743377 2021-11-14 13743377 2021-11-15 2023-03-31 13743377 c:KeyManagementIndividualGroup1 2021-11-15 2023-03-31 13743377 c:KeyManagementIndividualGroup2 2021-11-15 2023-03-31 13743377 2020-11-15 2021-11-14 13743377 2023-03-31 13743377 c:KeyManagementIndividualGroup1 2023-03-31 13743377 c:KeyManagementIndividualGroup2 2023-03-31 13743377 d:Director1 2021-11-15 2023-03-31 13743377 c:OfficeEquipment 2021-11-15 2023-03-31 13743377 c:OfficeEquipment 2023-03-31 13743377 c:OfficeEquipment c:OwnedOrFreeholdAssets 2021-11-15 2023-03-31 13743377 c:ComputerEquipment 2021-11-15 2023-03-31 13743377 c:ComputerEquipment 2023-03-31 13743377 c:ComputerEquipment c:OwnedOrFreeholdAssets 2021-11-15 2023-03-31 13743377 c:OwnedOrFreeholdAssets 2021-11-15 2023-03-31 13743377 c:CurrentFinancialInstruments 2023-03-31 13743377 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 13743377 c:ShareCapital 2023-03-31 13743377 c:RetainedEarningsAccumulatedLosses 2023-03-31 13743377 c:AcceleratedTaxDepreciationDeferredTax 2023-03-31 13743377 d:FRS102 2021-11-15 2023-03-31 13743377 d:AuditExempt-NoAccountantsReport 2021-11-15 2023-03-31 13743377 d:FullAccounts 2021-11-15 2023-03-31 13743377 d:PrivateLimitedCompanyLtd 2021-11-15 2023-03-31 13743377 2 2021-11-15 2023-03-31 iso4217:GBP xbrli:pure
Registered number: 13743377


JANET REDLER TRAVEL LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 MARCH 2023

 
JANET REDLER TRAVEL LIMITED
REGISTERED NUMBER: 13743377

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
Note
£

Fixed assets
  

Tangible assets
  
5,558

  
5,558

Current assets
  

Debtors: amounts falling due within one year
  
275,283

Cash at bank and in hand
  
165,502

  
440,785

Creditors: amounts falling due within one year
  
(419,444)

Net current assets
  
 
 
21,341

Total assets less current liabilities
  
26,899

Provisions for liabilities
  

Deferred tax
  
(1,056)

  
 
 
(1,056)

Net assets
  
25,843


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
25,743

  
25,843


Page 1

 
JANET REDLER TRAVEL LIMITED
REGISTERED NUMBER: 13743377
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

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 period 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 comprehensive income 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 29 October 2023.




Nicholas J Bardsley
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
JANET REDLER TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

Janet Redler Travel Limited is a private Company limited by shares incorporated in England and Wales. The address of the registered office is given in the Company information page of these financial statements.
The nature of the Company;s operations and principal activities in the year under review were those of a tour operator.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

  
2.3

Revenue

Revenue receivable for inclusive tours arranged by the Company is recognised on the date of departure, excluding value added tax. 

 
2.4

Interest income

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

  
2.5

Pensions

Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
JANET REDLER TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
15%
Computer equipment
-
15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
JANET REDLER TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.9

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of financial position.

 
2.12

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, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


        2023
            No.






Employees
4

Page 5

 
JANET REDLER TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


Additions
629
5,371
6,000



At 31 March 2023

629
5,371
6,000



Depreciation


Charge for the period on owned assets
11
431
442



At 31 March 2023

11
431
442



Net book value



At 31 March 2023
618
4,940
5,558


5.


Debtors

2023
£


Amounts owed by group undertakings
155,602

Other debtors
22,143

Called up share capital not paid
100

Prepayments and accrued income
97,438

275,283


Prepayments and accrued income includes advanced payments to suppliers for departures after the year end amounting to £93,111.

Page 6

 
JANET REDLER TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
165,502

Less: bank overdrafts
(18,866)

146,636



7.


Creditors: Amounts falling due within one year

2023
£

Bank overdrafts
18,866

Trade creditors
98,165

Corporation tax
6,098

Other taxation and social security
5,455

Other creditors
1,593

Accruals and deferred income
289,267

419,444


Accruals and deferred income includes receipts from customers for departures after the year end amounting to £285,267.


8.


Deferred taxation



2023


£






Charged to profit or loss
(1,056)



At end of year
(1,056)

The deferred taxation balance is made up as follows:

2023
£


Fixed asset timing differences
(1,056)

(1,056)

Page 7

 
JANET REDLER TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £2,336 . Contributions totalling £Nil were payable to the fund at the balance sheet date. 


10.


Related party transactions

During the year the Company had a loan account with the director N Redler. As at the balance sheet date, £12 was due to N Redler.
During the year the Company had a loan account with the director N Bardsley. As at the balance sheet date, £1,101 was owed by N Bardsley to the Company.
As at the balance sheet date, the amount owed by Janet Redler Travel and Tourism, a partnership related by virtue of  directors, was £155,602


11.


Controlling party

The Company is controlled by Janet Redler and Nicholas Bardsley by virtue of their shareholding. 

 
Page 8