Company Registration No. 10628349 (England and Wales)
SHANTILAL & SONS TRAVEL LIMITED
Unaudited accounts
for the year ended 28 February 2023
SHANTILAL & SONS TRAVEL LIMITED
Unaudited accounts
Contents
SHANTILAL & SONS TRAVEL LIMITED
Statement of financial position
as at 28 February 2023
Tangible assets
2,125
2,656
Cash at bank and in hand
3,952
3,493
Creditors: amounts falling due within one year
(3,793)
(7,519)
Net current assets
159
9,716
Total assets less current liabilities
2,284
12,372
Creditors: amounts falling due after more than one year
(47,780)
(50,229)
Net liabilities
(45,496)
(37,857)
Called up share capital
100
100
Profit and loss account
(45,596)
(37,957)
Shareholders' funds
(45,496)
(37,857)
For the year ending 28 February 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 March 2024 and were signed on its behalf by
Shantilal Bica
Director
Company Registration No. 10628349
SHANTILAL & SONS TRAVEL LIMITED
Notes to the Accounts
for the year ended 28 February 2023
SHANTILAL & SONS TRAVEL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10628349. The registered office is UNIT 1, GLEMORE PARADE, 7C EALING ROAD, WEMBLEY, HA0 4PJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
852
4,580
5,432
At 28 February 2023
852
4,580
5,432
At 1 March 2022
306
2,470
2,776
Charge for the year
109
422
531
At 28 February 2023
415
2,892
3,307
At 28 February 2023
437
1,688
2,125
At 28 February 2022
546
2,110
2,656
Amounts falling due within one year
SHANTILAL & SONS TRAVEL LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
9,605
17,353
Loans from directors
(6,112)
(9,834)
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
6,500
6,500
8
Average number of employees
During the year the average number of employees was 1 (2022: 3).