NORTH BIRMINGHAM TRAVEL LIMITED

Company Registration Number:
08199170 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

NORTH BIRMINGHAM TRAVEL LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

NORTH BIRMINGHAM TRAVEL LIMITED

Balance sheet

As at 31 March 2022


Notes

2022

2021


£

£
Fixed assets
Intangible assets: 3 226,500 266,500
Tangible assets: 4 472,494 410,823
Total fixed assets: 698,994 677,323
Current assets
Debtors:   412,411 118,581
Cash at bank and in hand: 1,168,267 1,077,905
Total current assets: 1,580,678 1,196,486
Creditors: amounts falling due within one year:   (1,092,291) (931,576)
Net current assets (liabilities): 488,387 264,910
Total assets less current liabilities: 1,187,381 942,233
Total net assets (liabilities): 1,187,381 942,233
Capital and reserves
Called up share capital: 120 120
Profit and loss account: 1,187,261 942,113
Shareholders funds: 1,187,381 942,233

The notes form part of these financial statements

NORTH BIRMINGHAM TRAVEL LIMITED

Balance sheet statements

For the year ending 31 March 2022 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 17 April 2024
and signed on behalf of the board by:

Name: Azeem Hafeez
Status: Director

The notes form part of these financial statements

NORTH BIRMINGHAM TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

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

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value addedtaxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover isreduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value,over their expected useful lives on the following bases:Plant & Machinery 25% Reducing Balance

Intangible fixed assets and amortisation policy

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separablenet assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

NORTH BIRMINGHAM TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 105 112

NORTH BIRMINGHAM TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Intangible Assets

Total
Cost £
At 01 April 2021 400,000
At 31 March 2022 400,000
Amortisation
At 01 April 2021 133,500
Charge for year 40,000
At 31 March 2022 173,500
Net book value
At 31 March 2022 226,500
At 31 March 2021 266,500

NORTH BIRMINGHAM TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Tangible Assets

Total
Cost £
At 01 April 2021 762,650
Additions 263,390
At 31 March 2022 1,026,040
Depreciation
At 01 April 2021 351,827
Charge for year 201,719
At 31 March 2022 553,546
Net book value
At 31 March 2022 472,494
At 31 March 2021 410,823