Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 05428438 J A Moti N H Saudagar M N Moti iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05428438 2023-04-30 05428438 2024-04-30 05428438 2023-05-01 2024-04-30 05428438 frs-core:CurrentFinancialInstruments 2024-04-30 05428438 frs-core:ShareCapital 2024-04-30 05428438 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 05428438 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05428438 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 05428438 frs-bus:SmallEntities 2023-05-01 2024-04-30 05428438 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 05428438 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 05428438 frs-bus:Director1 2023-05-01 2024-04-30 05428438 frs-bus:Director1 2023-04-30 05428438 frs-bus:Director1 2024-04-30 05428438 frs-bus:Director2 2023-05-01 2024-04-30 05428438 frs-bus:Director3 2023-05-01 2024-04-30 05428438 frs-countries:EnglandWales 2023-05-01 2024-04-30 05428438 2022-04-30 05428438 2023-04-30 05428438 2022-05-01 2023-04-30 05428438 frs-core:CurrentFinancialInstruments 2023-04-30 05428438 frs-core:ShareCapital 2023-04-30 05428438 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 05428438
Moti Tours & Tourism Ltd
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05428438
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 102,890 88,190
Cash at bank and in hand 118,578 70,976
221,468 159,166
Creditors: Amounts Falling Due Within One Year 5 (38,979 ) (14,946 )
NET CURRENT ASSETS (LIABILITIES) 182,489 144,220
TOTAL ASSETS LESS CURRENT LIABILITIES 182,489 144,220
NET ASSETS 182,489 144,220
CAPITAL AND RESERVES
Called up share capital 6 40,000 40,000
Profit and Loss Account 142,489 104,220
SHAREHOLDERS' FUNDS 182,489 144,220
For the year ending 30 April 2024 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 directors acknowledge their 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
J A Moti
Director
25th July 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Moti Tours & Tourism Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05428438 . The registered office is 52 Wainwright Avenue Hamilton, Leicester, LE5 1QW.
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. Turnover
Turnover represents the gross income received and receivable (exclusive of value added tax) in respect of travel arrangements (accommodation) and visas for customers attending pilgrimage during the period. Revenue is recognised when the transaction is contracted with the supplier.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 102,890 88,190
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16,330 -
Other creditors 13,672 14,042
Taxation and social security 8,977 904
38,979 14,946
Page 2
Page 3
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 40,000 40,000
7. Directors Advances, Credits and Guarantees
The following advances and credits to directors subsisted during the current and prior periods:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mrs Jamila Moti 13,022 - - - 13,022
The above loan is unsecured, interest free and repayable on demand.
8. Other financial commitments
There is a fixed charge by Barclays over all deposits.
Page 3