BUSROUTE LTD

Company Registration Number:
14331259 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 September 2022

End date: 30 September 2023

BUSROUTE LTD

Contents of the Financial Statements

for the Period Ended 30 September 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BUSROUTE LTD

Company Information

for the Period Ended 30 September 2023




Director: MALIK, Waleed Akhtar
SAEED, Barkan
SHAFIQ, Suhail Rehman
Registered office: 167-169
Great Portland Street
London
England
W1W 5PF
Company Registration Number: 14331259 (England and Wales)

BUSROUTE LTD

Directors' Report Period Ended 30 September 2023

The directors present their report with the financial statements of the company for the period ended 30 September 2023

Principal Activities

The company's main focus is on delivering efficient and technologically advanced services within the travel agency industry.

Directors

The director(s) shown below were appointed to the company during the period
MALIK, Waleed Akhtar
01 September 2022
SAEED, Barkan
01 September 2022
SHAFIQ, Suhail Rehman
01 September 2022

The director(s) shown below resigned during the period
SAEED, Barkan
01 October 2022

This report was approved by the board of directors on 2 March 2024
And Signed On Behalf Of The Board By:

Name: MALIK, Waleed Akhtar
Status: Director

BUSROUTE LTD

Profit and Loss Account

for the Period Ended 30 September 2023


Notes
13 months to
30 Sep 2023
£
Gross Profit or (Loss) 201,270
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 0 )
Administrative Expenses ( 143,497 )
Operating Profit or (Loss) 57,773
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax 57,773
Tax on Profit ( 14,443 )
Profit or (Loss) for Period 43,330

The notes form part of these financial statements

BUSROUTE LTD

Balance sheet

As at 30 September 2023


Notes
13 months to
30 Sep 2023
£
Fixed assets
Total fixed assets: -
Current assets
Debtors: 19,624
Cash at bank and in hand: 41,002
Total current assets: 60,626
Creditors: amounts falling due within one year: 4 ( 2,753 )
Net current assets (liabilities): 57,873
Total assets less current liabilities: 57,873
Total net assets (liabilities): 57,873

The notes form part of these financial statements

BUSROUTE LTD

Balance sheet continued

As at 30 September 2023


Notes
13 months to
30 Sep 2023
£
Capital and reserves
Called up share capital: 100
Profit and loss account: 57,773
Shareholders funds: 57,873

For the year ending 30 September 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 2 March 2024
And Signed On Behalf Of The Board By:

Name: MALIK, Waleed Akhtar
Status: Director

The notes form part of these financial statements

BUSROUTE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognized when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover
    from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

BUSROUTE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    13 months to
    30 Sep 2023
    Average number of employees during the period 2

BUSROUTE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 3. Off balance sheet disclosure

    No

BUSROUTE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Creditors: amounts falling due within one year note

Short term creditors are measured at transaction price (which is usually the invoice price).