TRAVEL THE EARTH LIMITED

Company Registration Number:
06691508 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

TRAVEL THE EARTH LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

TRAVEL THE EARTH LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Nirmal Singh
Registered office: Flat 95
120 Wood Lane
Osterley
Middlesex
TW7 5FG
Company Registration Number: 06691508 (England and Wales)

TRAVEL THE EARTH LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 249 374
Total fixed assets: 249 374
Current assets
Debtors: 700 3,259
Cash at bank and in hand: 9,499 2,274
Total current assets: 10,199 5,533
Creditors: amounts falling due within one year: ( 7,948 ) ( 3,814 )
Net current assets (liabilities): 2,251 1,719
Total assets less current liabilities: 2,500 2,093
Total net assets (liabilities): 2,500 2,093

The notes form part of these financial statements

TRAVEL THE EARTH LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve: 5 0 0
Profit and loss account: 1,500 1,093
Shareholders funds: 2,500 2,093

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 September 2024
And Signed On Behalf Of The Board By:

Name: Nirmal Singh
Status: Director

The notes form part of these financial statements

TRAVEL THE EARTH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue is recognised at the fair value of the consideration received or receivable in the normal course of business, and is shown including VAT.

    When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

    Revenue is recognised when the service of tours and travel is performed to the extent that it is probable that economic benefits will flow into the Company.

    Tangible fixed assets depreciation policy

    Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

    Plant & machinery : 25% straight line

TRAVEL THE EARTH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

TRAVEL THE EARTH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

TRAVEL THE EARTH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 499
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2023 499
Depreciation
At 01 January 2023 125
Charge for year 125
On disposals -
Other adjustments -
At 31 December 2023 250
Net book value
At 31 December 2023 249
At 31 December 2022 374

TRAVEL THE EARTH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Revaluation reserve


2023
£
Balance at 01 January 2023 0
Surplus or deficit after revaluation 0
Balance at 31 December 2023 0