Silverfin false false 31/05/2024 01/06/2023 31/05/2024 C C Perryman 28/09/2022 D P Perryman 28/09/2022 J E Perryman 28/09/2022 P Perryman 28/09/2022 21 October 2024 The principal activity of the company during the year was taxi operation. 04774576 2024-05-31 04774576 bus:Director1 2024-05-31 04774576 bus:Director2 2024-05-31 04774576 bus:Director3 2024-05-31 04774576 bus:Director4 2024-05-31 04774576 core:CurrentFinancialInstruments 2024-05-31 04774576 core:CurrentFinancialInstruments 2023-05-31 04774576 2023-05-31 04774576 core:ShareCapital 2024-05-31 04774576 core:ShareCapital 2023-05-31 04774576 core:RetainedEarningsAccumulatedLosses 2024-05-31 04774576 core:RetainedEarningsAccumulatedLosses 2023-05-31 04774576 bus:OrdinaryShareClass1 2024-05-31 04774576 2023-06-01 2024-05-31 04774576 bus:FilletedAccounts 2023-06-01 2024-05-31 04774576 bus:SmallEntities 2023-06-01 2024-05-31 04774576 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 04774576 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 04774576 bus:Director1 2023-06-01 2024-05-31 04774576 bus:Director2 2023-06-01 2024-05-31 04774576 bus:Director3 2023-06-01 2024-05-31 04774576 bus:Director4 2023-06-01 2024-05-31 04774576 2022-06-01 2023-05-31 04774576 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 04774576 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04774576 (England and Wales)

TRAVEL 4000 LTD

Unaudited Financial Statements
For the financial year ended 31 May 2024
Pages for filing with the registrar

TRAVEL 4000 LTD

Unaudited Financial Statements

For the financial year ended 31 May 2024

Contents

TRAVEL 4000 LTD

BALANCE SHEET

As at 31 May 2024
TRAVEL 4000 LTD

BALANCE SHEET (continued)

As at 31 May 2024
2024 2023
£ £
Current assets
Debtors 3 58,872 58,074
Cash at bank and in hand 8 0
58,880 58,074
Creditors: amounts falling due within one year 4 ( 3,877) ( 3,546)
Net current assets 55,003 54,528
Total assets less current liabilities 55,003 54,528
Net assets 55,003 54,528
Capital and reserves
Called-up share capital 5 4 4
Profit and loss account 54,999 54,524
Total shareholders' funds 55,003 54,528

For the financial year ending 31 May 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Travel 4000 Ltd (registered number: 04774576) were approved and authorised for issue by the Board of Directors on 21 October 2024. They were signed on its behalf by:

J E Perryman
Director
TRAVEL 4000 LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
TRAVEL 4000 LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Travel 4000 Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House Tregolls Road, Truro, Cornwall, TR1 2NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 12 16

3. Debtors

2024 2023
£ £
Other debtors 58,872 58,074

4. Creditors: amounts falling due within one year

2024 2023
£ £
Bank overdrafts 0 7
Other creditors 3,877 3,539
3,877 3,546

5. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
4 Ordinary shares of £ 1.00 each 4 4

6. Related party transactions

Other related party transactions

2024 2023
£ £
Newquay Airport Taxis Limited (987) (540)
A2B Taxis (Truro) Limited 57,838 58,074

As at 31 May 2024, the company owed £987 to Newquay Airport Taxis Limited and A2B Taxis (Truro) Limited owed £57,838 to Travel 4000 Ltd. Both companies are deemed associated companies as at 31 May 2024 as they are under the control of the same group of persons as Travel 4000 Ltd.