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REGISTERED NUMBER: 10829011 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Transatlantic Travel UK Ltd

Transatlantic Travel UK Ltd (Registered number: 10829011)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Transatlantic Travel UK Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTORS: Mr William Charles Hayes
Mr Alexander Joe Hayes





REGISTERED OFFICE: 58 Breckfield Road South
Liverpool
Merseyside
L6 5DR





REGISTERED NUMBER: 10829011 (England and Wales)





ACCOUNTANTS: LJS Accounting Services (UK) Ltd
Unit 5, 1st Floor
Connect Business Village
24 Derby Road
Liverpool
Merseyside
L5 9PR

Transatlantic Travel UK Ltd (Registered number: 10829011)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 249 311

CURRENT ASSETS
Debtors 5 49,520 45,900
Cash at bank 8,872 11,604
58,392 57,504
CREDITORS
Amounts falling due within one year 6 20,701 30,768
NET CURRENT ASSETS 37,691 26,736
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,940

27,047

PROVISIONS FOR LIABILITIES 7 47 59
NET ASSETS 37,893 26,988

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 37,793 26,888
SHAREHOLDERS' FUNDS 37,893 26,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 April 2024 and were signed on its behalf by:



Mr William Charles Hayes - Director


Transatlantic Travel UK Ltd (Registered number: 10829011)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Transatlantic Travel UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

Transatlantic Travel UK Ltd (Registered number: 10829011)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2022
and 30 June 2023 950
DEPRECIATION
At 1 July 2022 639
Charge for year 62
At 30 June 2023 701
NET BOOK VALUE
At 30 June 2023 249
At 30 June 2022 311

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 45,900 45,900
Directors' current accounts 3,620 -
49,520 45,900

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 10,025 13,574
Tax 6,323 7,092
Social security and other taxes 464 -
Directors' current accounts 2,909 9,231
Accrued expenses 980 871
20,701 30,768

7. PROVISIONS FOR LIABILITIES
30.6.23 30.6.22
£    £   
Deferred tax 47 59

Deferred
tax
£   
Balance at 1 July 2022 59
Provided during year (12 )
Balance at 30 June 2023 47

Transatlantic Travel UK Ltd (Registered number: 10829011)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 July 2022 26,888
Profit for the year 26,905
Dividends (16,000 )
At 30 June 2023 37,793