A-VIAGGI Limited 01910625 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is travel agents and tour operators. Digita Accounts Production Advanced 6.30.9574.0 true true 01910625 2023-05-01 2024-04-30 01910625 2024-04-30 01910625 core:CurrentFinancialInstruments 2024-04-30 01910625 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 01910625 core:Non-currentFinancialInstruments 2024-04-30 01910625 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 01910625 core:PlantMachinery 2024-04-30 01910625 bus:SmallEntities 2023-05-01 2024-04-30 01910625 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 01910625 bus:FilletedAccounts 2023-05-01 2024-04-30 01910625 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 01910625 bus:RegisteredOffice 2023-05-01 2024-04-30 01910625 bus:Director1 2023-05-01 2024-04-30 01910625 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 01910625 bus:Agent1 2023-05-01 2024-04-30 01910625 core:PlantMachinery 2023-05-01 2024-04-30 01910625 countries:EnglandWales 2023-05-01 2024-04-30 01910625 2023-04-30 01910625 core:PlantMachinery 2023-04-30 01910625 2022-05-01 2023-04-30 01910625 2023-04-30 01910625 core:CurrentFinancialInstruments 2023-04-30 01910625 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 01910625 core:Non-currentFinancialInstruments 2023-04-30 01910625 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 01910625 core:PlantMachinery 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 01910625

A-VIAGGI Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

A-VIAGGI Limited

Contents

Company Information

1

Accountants' Report

2

Statement of Financial Position

3

Notes to the Unaudited Financial Statements

4 to 8

 

A-VIAGGI Limited

Company Information

Director

A D COIA

Registered office

D S House
306 High Street
Croydon
Surrey
CR0 1NG

Accountants

DSK Partners LLP
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
A-VIAGGI Limited
for the Year Ended 30 April 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A-VIAGGI Limited for the year ended 30 April 2024 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of A-VIAGGI Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of A-VIAGGI Limited and state those matters that we have agreed to state to the Board of Directors of A-VIAGGI Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A-VIAGGI Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that A-VIAGGI Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of A-VIAGGI Limited. You consider that A-VIAGGI Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of A-VIAGGI Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

DSK Partners LLP
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG

31 October 2024

 

A-VIAGGI Limited

(Registration number: 01910625)
Statement of Financial Position as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

14,850

14,317

Current assets

 

Debtors

5

88,535

83,742

Cash at bank and in hand

 

499,555

817,105

 

588,090

900,847

Creditors: Amounts falling due within one year

6

(391,924)

(732,493)

Net current assets

 

196,166

168,354

Total assets less current liabilities

 

211,016

182,671

Creditors: Amounts falling due after more than one year

6

(28,240)

(33,796)

Net assets

 

182,776

148,875

Capital and reserves

 

Called up share capital

50,000

50,000

Retained earnings

132,776

98,875

Shareholders' funds

 

182,776

148,875

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 31 October 2024
 

A D COIA
Director

   
     
 

A-VIAGGI Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
D S House
306 High Street
Croydon
Surrey
CR0 1NG
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

Turnover
Turnover compromises sales of bespoke tours which are accounted for on the departure date and commission income receivable (see below) .

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

A-VIAGGI Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024 (continued)

2

Accounting policies (continued)

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different fromthose in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Commissions income

The income and associated direct costs of transactions where the company is in substance acting as an agent for the provider, is netted off and disclosed within "Turnover" as "Commissions receivable".

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

A-VIAGGI Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024 (continued)

2

Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

A-VIAGGI Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024 (continued)

2

Accounting policies (continued)

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 May 2023

94,707

94,707

Additions

3,153

3,153

At 30 April 2024

97,860

97,860

Depreciation

At 1 May 2023

80,389

80,389

Charge for the year

2,621

2,621

At 30 April 2024

83,010

83,010

Carrying amount

At 30 April 2024

14,850

14,850

At 30 April 2023

14,317

14,317

5

Debtors

Current

2024
£

2023
£

Trade debtors

82,997

79,374

Prepayments

1,436

1,836

Other debtors

4,102

2,532

 

88,535

83,742

 

A-VIAGGI Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024 (continued)

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

5,556

5,556

Trade creditors

 

358,572

688,749

Taxation and social security

 

15,073

-

Accruals and deferred income

 

2,979

1,500

Other creditors

 

9,744

36,688

 

391,924

732,493

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

28,240

33,796

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

28,240

33,796

Current loans and borrowings

2024
£

2023
£

Bank borrowings

5,556

5,556