2 01/05/2023 30/04/2024 2024-04-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-05-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 08991517 2023-05-01 2024-04-30 08991517 2024-04-30 08991517 2023-04-30 08991517 2022-05-01 2023-04-30 08991517 2023-04-30 08991517 2022-04-30 08991517 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 08991517 bus:RegisteredOffice 2023-05-01 2024-04-30 08991517 bus:Director2 2023-05-01 2024-04-30 08991517 bus:Director3 2023-05-01 2024-04-30 08991517 bus:Director4 2023-05-01 2024-04-30 08991517 core:NetGoodwill 2024-04-30 08991517 core:FurnitureFittingsToolsEquipment 2023-04-30 08991517 core:FurnitureFittingsToolsEquipment 2024-04-30 08991517 core:WithinOneYear 2024-04-30 08991517 core:WithinOneYear 2023-04-30 08991517 core:AfterOneYear 2024-04-30 08991517 core:AfterOneYear 2023-04-30 08991517 core:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 08991517 core:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 08991517 core:ShareCapital 2024-04-30 08991517 core:ShareCapital 2023-04-30 08991517 core:RetainedEarningsAccumulatedLosses 2024-04-30 08991517 core:RetainedEarningsAccumulatedLosses 2023-04-30 08991517 core:ShareCapital 2022-04-30 08991517 core:RetainedEarningsAccumulatedLosses 2022-04-30 08991517 core:PreviouslyStatedAmount core:ShareCapital 2024-04-30 08991517 core:NetGoodwill 2023-04-30 08991517 core:FurnitureFittingsToolsEquipment 2023-04-30 08991517 bus:SmallEntities 2023-05-01 2024-04-30 08991517 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08991517 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08991517 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08991517 bus:FullAccounts 2023-05-01 2024-04-30
Company registration number: 08991517
Travel Retail Public Relations Ltd
Unaudited filleted financial statements
30 April 2024
Travel Retail Public Relations Ltd
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Travel Retail Public Relations Ltd
Directors and other information
Directors
Mr Nicholas King
Mr Andrew Machin
Mr Oliver Potter
Company number 08991517
Registered office Maple Studios
Tilford Road
Farnham
GU10 2DZ
Travel Retail Public Relations Ltd
Statement of financial position
30 April 2024
2024 2023
Note £ £ £ £
Fixed assets
Intangible assets 5 - -
Tangible assets 6 739 1,215
_______ _______
739 1,215
Current assets
Debtors 7 62,023 88,649
Cash at bank and in hand 345,990 92,715
_______ _______
408,013 181,364
Creditors: amounts falling due
within one year 8 ( 196,275) ( 116,128)
_______ _______
Net current assets 211,738 65,236
_______ _______
Total assets less current liabilities 212,477 66,451
Creditors: amounts falling due
after more than one year 9 ( 10,833) ( 20,833)
_______ _______
Net assets 201,644 45,618
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account 201,544 45,518
_______ _______
Shareholders funds 201,644 45,618
_______ _______
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.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 13 September 2024 , and are signed on behalf of the board by:
Mr Andrew Machin
Director
Company registration number: 08991517
Travel Retail Public Relations Ltd
Statement of changes in equity
Year ended 30 April 2024
Called up share capital Profit and loss account Total
£ £ £
At 1 May 2022 100 13,124 13,224
Profit for the year 32,394 32,394
_______ _______ _______
Total comprehensive income for the year - 32,394 32,394
_______ _______ _______
At 30 April 2023 and 1 May 2023 100 45,518 45,618
Profit for the year 156,026 156,026
_______ _______ _______
Total comprehensive income for the year - 156,026 156,026
_______ _______ _______
At 30 April 2024 100 201,544 201,644
_______ _______ _______
Travel Retail Public Relations Ltd
Notes to the financial statements
Year ended 30 April 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Maple Studios, Tilford Road, Farnham, GU10 2DZ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Turnover
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.
Taxation
The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
tangible assets are initially recorded at cost, and are 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 capital and reserves, 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 capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves 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:
Fittings fixtures and equipment - 20 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Intangible assets
Goodwill Total
£ £
Cost
At 1 May 2023 and 30 April 2024 277,000 277,000
_______ _______
Amortisation
At 1 May 2023 and 30 April 2024 277,000 277,000
_______ _______
Carrying amount
At 30 April 2024 - -
_______ _______
At 30 April 2023 - -
_______ _______
6. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 May 2023 and 30 April 2024 2,430 2,430
_______ _______
Depreciation
At 1 May 2023 1,215 1,215
Charge for the year 476 476
_______ _______
At 30 April 2024 1,691 1,691
_______ _______
Carrying amount
At 30 April 2024 739 739
_______ _______
At 30 April 2023 1,215 1,215
_______ _______
7. Debtors
2024 2023
£ £
Trade debtors 45,379 58,221
Amounts owed by group undertakings and undertakings in which the company has a participating interest 16,199 14,741
Other debtors 445 15,687
_______ _______
62,023 88,649
_______ _______
8. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 29,983 16,855
Corporation tax 52,195 7,756
Social security and other taxes 11,913 693
Other creditors 92,184 80,824
_______ _______
196,275 116,128
_______ _______
9. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans and overdrafts 10,833 20,833
_______ _______