Acorah Software Products - Accounts Production 14.6.300 false true true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 06977990 Mrs Kamilah Khalid iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06977990 2022-07-31 06977990 2023-07-31 06977990 2022-08-01 2023-07-31 06977990 frs-core:CurrentFinancialInstruments 2023-07-31 06977990 frs-core:Non-currentFinancialInstruments 2023-07-31 06977990 frs-core:ComputerEquipment 2023-07-31 06977990 frs-core:ComputerEquipment 2022-08-01 2023-07-31 06977990 frs-core:ComputerEquipment 2022-07-31 06977990 frs-core:ShareCapital 2023-07-31 06977990 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 06977990 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 06977990 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 06977990 frs-bus:SmallEntities 2022-08-01 2023-07-31 06977990 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 06977990 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 06977990 frs-bus:Director1 2022-08-01 2023-07-31 06977990 frs-countries:EnglandWales 2022-08-01 2023-07-31 06977990 2021-07-31 06977990 2022-07-31 06977990 2021-08-01 2022-07-31 06977990 frs-core:CurrentFinancialInstruments 2022-07-31 06977990 frs-core:Non-currentFinancialInstruments 2022-07-31 06977990 frs-core:ShareCapital 2022-07-31 06977990 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 06977990
Seagull Travel & Trading Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
My Prestige Accountant Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06977990
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 1,882 303
Cash at bank and in hand 787 2,593
2,669 2,896
Creditors: Amounts Falling Due Within One Year 6 (363 ) (3,750 )
NET CURRENT ASSETS (LIABILITIES) 2,306 (854 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,306 (854 )
Creditors: Amounts Falling Due After More Than One Year 7 (5,750 ) (6,242 )
NET LIABILITIES (3,444 ) (7,096 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (3,544 ) (7,196 )
SHAREHOLDERS' FUNDS (3,444) (7,096)
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For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Kamilah Khalid
Director
09/04/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Seagull Travel & Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06977990 . The registered office is 12 Collins Avenue, Stanmore, HA7 1DL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
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:
Computer Equipment 3 years straight line
2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2022 245
As at 31 July 2023 245
Depreciation
As at 1 August 2022 245
As at 31 July 2023 245
Net Book Value
As at 31 July 2023 -
As at 1 August 2022 -
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 1,882 303
1,882 303
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 3 1
Accruals and deferred income 360 360
Director's loan account - 3,389
363 3,750
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bounce back loan 5,750 6,242
5,750 6,242
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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