0 false false false false false false false false false true false false false false true false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2021 - FRS102_2021 1,189 813 376 xbrli:pure xbrli:shares iso4217:GBP 12357946 2023-01-01 2023-12-31 12357946 2023-12-31 12357946 2022-12-31 12357946 core:PlantMachinery 2023-01-01 2023-12-31 12357946 bus:Director1 2023-01-01 2023-12-31 12357946 core:PlantMachinery 2023-12-31 12357946 core:WithinOneYear 2023-12-31 12357946 core:WithinOneYear 2022-12-31 12357946 core:ShareCapital 2023-12-31 12357946 core:ShareCapital 2022-12-31 12357946 core:RetainedEarningsAccumulatedLosses 2023-12-31 12357946 core:RetainedEarningsAccumulatedLosses 2022-12-31 12357946 core:PlantMachinery 2022-12-31 12357946 bus:SmallEntities 2023-01-01 2023-12-31 12357946 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12357946 bus:FullAccounts 2023-01-01 2023-12-31 12357946 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12357946 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 12357946
Miss Tourism World Organisation Limited
Filleted Unaudited Financial Statements
31 December 2023
Miss Tourism World Organisation Limited
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
4
376
501
Current assets
Debtors
5
26,628
26,628
Cash at bank and in hand
102
4
--------
--------
26,730
26,632
Creditors: amounts falling due within one year
6
106,621
115,366
---------
---------
Net current liabilities
79,891
88,734
--------
--------
Total assets less current liabilities
( 79,515)
( 88,233)
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 79,615)
( 88,333)
--------
--------
Shareholder deficit
( 79,515)
( 88,233)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 8 September 2024 , and are signed on behalf of the board by:
John Singh
Director
Company registration number: 12357946
Miss Tourism World Organisation Limited
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Lamorna Court, 43 Wollaton Road, Beeston, Nottingham, NG9 2NG.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
No cash flow statement has been presented for the company.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
25% reducing balance
4. Tangible assets
Plant and machinery
£
Cost
At 1 January 2023 and 31 December 2023
1,189
-------
Depreciation
At 1 January 2023 and 31 December 2023
813
-------
Carrying amount
At 31 December 2023
376
-------
At 31 December 2022
376
-------
5. Debtors
2023
2022
£
£
Trade debtors
26,628
26,628
--------
--------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
53,185
52,130
Trade creditors
23,392
23,325
Social security and other taxes
28,040
28,040
Other creditors
2,004
11,871
---------
---------
106,621
115,366
---------
---------