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REGISTERED NUMBER: 02609275 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

ALAIN CHARLES PUBLISHING (TRAVEL) LTD.

ALAIN CHARLES PUBLISHING (TRAVEL) LTD. (REGISTERED NUMBER: 02609275)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ALAIN CHARLES PUBLISHING (TRAVEL) LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: D C Fordham
N C L Fordham





SECRETARY: Ms C McDowall





REGISTERED OFFICE: University House
11-13 Lower Grosvenor Place
London
SW1W 0EX





REGISTERED NUMBER: 02609275 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Charlton House
Dour Street
DOVER
Kent
CT16 1BL

ALAIN CHARLES PUBLISHING (TRAVEL) LTD. (REGISTERED NUMBER: 02609275)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £   
CURRENT ASSETS
Debtors 4 135,383 117,145
Cash at bank 92,720 65,734
228,103 182,879
CREDITORS
Amounts falling due within one year 5 268,253 254,812
NET CURRENT LIABILITIES (40,150 ) (71,933 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(40,150

)

(71,933

)

CREDITORS
Amounts falling due after more than one
year

6

88,205

134,816
NET LIABILITIES (128,355 ) (206,749 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (128,357 ) (206,751 )
SHAREHOLDERS' FUNDS (128,355 ) (206,749 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:



D C Fordham - Director


ALAIN CHARLES PUBLISHING (TRAVEL) LTD. (REGISTERED NUMBER: 02609275)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Alain Charles Publishing (Travel) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Cash and cash equivalents
Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments
Basic financial instruments are measured at amortised cost. The company has no other financial instruments or basic financial instruments measured at fair value.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ALAIN CHARLES PUBLISHING (TRAVEL) LTD. (REGISTERED NUMBER: 02609275)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

Employment benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 134,821 102,258
Other debtors 562 14,887
135,383 117,145

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 46,000 46,000
Trade creditors 92,849 88,343
Social security and other taxes 14,745 7,469
Other creditors 14,659 13,000
Directors' loan account 100,000 100,000
268,253 254,812

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 46,000 46,000
Bank loans - 2-5 years 42,205 88,816
88,205 134,816

7. SECURED DEBTS

The following secured debts are included within creditors:

31.10.23 31.10.22
£    £   
Bank loans 134,205 180,816
Directors' loan account 100,000 100,000
234,205 280,816

ALAIN CHARLES PUBLISHING (TRAVEL) LTD. (REGISTERED NUMBER: 02609275)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
200 Ordinary shares 1p 2 2

9. RELATED PARTY DISCLOSURES

At the year end a loan was owed to one of the directors totalling £100,000. This loan is interest free, repayable on demand and is secured against the assets of the company.

10. GOING CONCERN

The company's income and profitability has been adversely affected by the COVID-19 pandemic, however, with the continued financial support of the shareholders and external funding, the directors believe the company remains a going concern.