ZULU TRAVEL SERVICES LTD

Company Registration Number:
14441518 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 25 October 2022

End date: 31 October 2023

ZULU TRAVEL SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

ZULU TRAVEL SERVICES LTD

Balance sheet

As at 31 October 2023


Notes

2023


£
Called up share capital not paid: 1,050,500
Fixed assets
Intangible assets: 3 1,050,500
Total fixed assets: 1,050,500
Current assets
Stocks: 1,050,500
Cash at bank and in hand: 256,900
Total current assets: 1,307,400
Net current assets (liabilities): 1,307,400
Total assets less current liabilities: 3,408,400
Total net assets (liabilities): 3,408,400
Capital and reserves
Called up share capital: 3,408,400
Shareholders funds: 3,408,400

The notes form part of these financial statements

ZULU TRAVEL SERVICES LTD

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 November 2023
and signed on behalf of the board by:

Name: Dr Darren Anderson
Status: Director

The notes form part of these financial statements

ZULU TRAVEL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible fixed assets and depreciation policy

Annual depreciation of computer equipment is calculated at 25% of cost to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime.

Intangible fixed assets and amortisation policy

Annual amortisation of goodwill is calculated at 25% to write off the cost of the asset, minus its residual value, over its estimated useful lifetime

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items. Cost includes all direct expenditure and overheads

ZULU TRAVEL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023
Average number of employees during the period 5

ZULU TRAVEL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
Additions 1,050,500
At 31 October 2023 1,050,500
Net book value
At 31 October 2023 1,050,500

ZULU TRAVEL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Financial commitments

financial commitments of £150,000