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REGISTERED NUMBER: 02941625 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Caspian Seagull Travels Limited

Caspian Seagull Travels Limited (Registered number: 02941625)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Caspian Seagull Travels Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: K J Desai
D K Desai
K Patel





SECRETARY: M K Desai





REGISTERED OFFICE: 150 b Ballards Lane
London
N3 2PA





REGISTERED NUMBER: 02941625 (England and Wales)





ACCOUNTANTS: P S PATEL FCCA
Chartered Certified Accountants
54, Forest Road
London
N9 8RX

Caspian Seagull Travels Limited (Registered number: 02941625)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 978 3,701
978 3,701

CURRENT ASSETS
Debtors 6 69,690 71,490
Cash at bank 178,411 118,147
248,101 189,637
CREDITORS
Amounts falling due within one year 7 115,269 70,767
NET CURRENT ASSETS 132,832 118,870
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,810

122,571

CREDITORS
Amounts falling due after more than one
year

8

2,000

2,000
NET ASSETS 131,810 120,571

CAPITAL AND RESERVES
Called up share capital 160,000 160,000
Retained earnings (28,190 ) (39,429 )
131,810 120,571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Caspian Seagull Travels Limited (Registered number: 02941625)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:





K J Desai - Director


Caspian Seagull Travels Limited (Registered number: 02941625)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Caspian Seagull Travels Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business is being amortized evenly over its estimated useful life.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. 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.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those 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.

Caspian Seagull Travels Limited (Registered number: 02941625)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 35,000
AMORTISATION
At 1 April 2023
and 31 March 2024 35,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 19,181 53,314 72,495
Additions - 489 489
Disposals (19,181 ) (50,709 ) (69,890 )
At 31 March 2024 - 3,094 3,094
DEPRECIATION
At 1 April 2023 19,181 49,613 68,794
Charge for year - 3,212 3,212
Eliminated on disposal (19,181 ) (50,709 ) (69,890 )
At 31 March 2024 - 2,116 2,116
NET BOOK VALUE
At 31 March 2024 - 978 978
At 31 March 2023 - 3,701 3,701

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 62,804 27,759
Other debtors 6,886 43,731
69,690 71,490

Caspian Seagull Travels Limited (Registered number: 02941625)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 96,403 45,340
Taxation and social security 3,731 37
Other creditors 15,135 25,390
115,269 70,767

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other creditors 2,000 2,000

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Mrs D .K. Desai, a director of the company had a director's current account balance of £980 at the end of the year which is included in other creditors. No interest is paid on the current account.

10. BANK OVERDRAFT FACILITY

The Company has no overdraft facilities and therefore it did not have any unused facilities at the year end.

11. ABTA BONDING

The bonding requirement with ABTA for the Company has been arranged by the Company Secretary, Mr M. K. Desai from 1 October 2019 by depositing the necessary cash with the banks who have given the required guarantee to ABTA .This arrangement ended on 30 September 2023 from which date the company insured this risk, No fee has been charged by Mr M .K. Desai for providing this facility to the company.

12. BSP OUTSTANDING AT FINANCIAL YEAR END

The company did not have any BSP outstanding at the financial year end.

Caspian Seagull Travels Limited

Report of the Accountants to the Directors of
Caspian Seagull Travels Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






P S PATEL FCCA
Chartered Certified Accountants
54, Forest Road
London
N9 8RX


14 August 2024