2023-04-012024-03-312024-03-31false13200875TOURISM EXCHANGE GREAT BRITAIN LIMITED2024-11-1962090iso4217:GBPxbrli:pure132008752023-04-01132008752024-03-31132008752023-04-012024-03-31132008752022-04-01132008752023-03-31132008752022-04-012023-03-3113200875bus:SmallEntities2023-04-012024-03-3113200875bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3113200875bus:FullAccounts2023-04-012024-03-3113200875bus:PrivateLimitedCompanyLtd2023-04-012024-03-3113200875core:WithinOneYear2024-03-3113200875core:AfterOneYear2024-03-3113200875core:WithinOneYear2023-03-3113200875core:AfterOneYear2023-03-3113200875core:ShareCapital2024-03-3113200875core:SharePremium2024-03-3113200875core:RevaluationReserve2024-03-3113200875core:OtherReservesSubtotal2024-03-3113200875core:RetainedEarningsAccumulatedLosses2024-03-3113200875core:ShareCapital2023-03-3113200875core:SharePremium2023-03-3113200875core:RevaluationReserve2023-03-3113200875core:OtherReservesSubtotal2023-03-3113200875core:RetainedEarningsAccumulatedLosses2023-03-3113200875core:LandBuildings2024-03-3113200875core:PlantMachinery2024-03-3113200875core:Vehicles2024-03-3113200875core:FurnitureFittings2024-03-3113200875core:OfficeEquipment2024-03-3113200875core:NetGoodwill2024-03-3113200875core:IntangibleAssetsOtherThanGoodwill2024-03-3113200875core:ListedExchangeTraded2024-03-3113200875core:UnlistedNon-exchangeTraded2024-03-3113200875core:LandBuildings2023-03-3113200875core:PlantMachinery2023-03-3113200875core:Vehicles2023-03-3113200875core:FurnitureFittings2023-03-3113200875core:OfficeEquipment2023-03-3113200875core:NetGoodwill2023-03-3113200875core:IntangibleAssetsOtherThanGoodwill2023-03-3113200875core:ListedExchangeTraded2023-03-3113200875core:UnlistedNon-exchangeTraded2023-03-3113200875core:LandBuildings2023-04-012024-03-3113200875core:PlantMachinery2023-04-012024-03-3113200875core:Vehicles2023-04-012024-03-3113200875core:FurnitureFittings2023-04-012024-03-3113200875core:OfficeEquipment2023-04-012024-03-3113200875core:NetGoodwill2023-04-012024-03-3113200875core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113200875core:ListedExchangeTraded2023-04-012024-03-3113200875core:UnlistedNon-exchangeTraded2023-04-012024-03-3113200875core:MoreThanFiveYears2023-04-012024-03-3113200875core:Non-currentFinancialInstruments2024-03-3113200875core:Non-currentFinancialInstruments2023-03-3113200875dpl:CostSales2023-04-012024-03-3113200875dpl:DistributionCosts2023-04-012024-03-3113200875core:LandBuildings2023-04-012024-03-3113200875core:PlantMachinery2023-04-012024-03-3113200875core:Vehicles2023-04-012024-03-3113200875core:FurnitureFittings2023-04-012024-03-3113200875core:OfficeEquipment2023-04-012024-03-3113200875dpl:AdministrativeExpenses2023-04-012024-03-3113200875core:NetGoodwill2023-04-012024-03-3113200875core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113200875dpl:GroupUndertakings2023-04-012024-03-3113200875dpl:ParticipatingInterests2023-04-012024-03-3113200875dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3113200875core:ListedExchangeTraded2023-04-012024-03-3113200875dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3113200875core:UnlistedNon-exchangeTraded2023-04-012024-03-3113200875dpl:CostSales2022-04-012023-03-3113200875dpl:DistributionCosts2022-04-012023-03-3113200875core:LandBuildings2022-04-012023-03-3113200875core:PlantMachinery2022-04-012023-03-3113200875core:Vehicles2022-04-012023-03-3113200875core:FurnitureFittings2022-04-012023-03-3113200875core:OfficeEquipment2022-04-012023-03-3113200875dpl:AdministrativeExpenses2022-04-012023-03-3113200875core:NetGoodwill2022-04-012023-03-3113200875core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3113200875dpl:GroupUndertakings2022-04-012023-03-3113200875dpl:ParticipatingInterests2022-04-012023-03-3113200875dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3113200875core:ListedExchangeTraded2022-04-012023-03-3113200875dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3113200875core:UnlistedNon-exchangeTraded2022-04-012023-03-3113200875core:NetGoodwill2024-03-3113200875core:IntangibleAssetsOtherThanGoodwill2024-03-3113200875core:LandBuildings2024-03-3113200875core:PlantMachinery2024-03-3113200875core:Vehicles2024-03-3113200875core:FurnitureFittings2024-03-3113200875core:OfficeEquipment2024-03-3113200875core:AfterOneYear2024-03-3113200875core:WithinOneYear2024-03-3113200875core:ListedExchangeTraded2024-03-3113200875core:UnlistedNon-exchangeTraded2024-03-3113200875core:ShareCapital2024-03-3113200875core:SharePremium2024-03-3113200875core:RevaluationReserve2024-03-3113200875core:OtherReservesSubtotal2024-03-3113200875core:RetainedEarningsAccumulatedLosses2024-03-3113200875core:NetGoodwill2023-03-3113200875core:IntangibleAssetsOtherThanGoodwill2023-03-3113200875core:LandBuildings2023-03-3113200875core:PlantMachinery2023-03-3113200875core:Vehicles2023-03-3113200875core:FurnitureFittings2023-03-3113200875core:OfficeEquipment2023-03-3113200875core:AfterOneYear2023-03-3113200875core:WithinOneYear2023-03-3113200875core:Liste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TOURISM EXCHANGE GREAT BRITAIN LIMITED

Registered Number
13200875
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

TOURISM EXCHANGE GREAT BRITAIN LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

HANLEY, Timothy James
JOUBERT, Jan Andre

Registered Address

Oak House
Tanshire Park, Shackleford Road
Elstead
GU8 6LB

Registered Number

13200875 (England and Wales)
TOURISM EXCHANGE GREAT BRITAIN LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets32,9342,916
2,9342,916
Current assets
Debtors39,273137,806
Cash at bank and on hand88,11215,825
127,385153,631
Creditors amounts falling due within one year4(742,955)(271,131)
Net current assets (liabilities)(615,570)(117,500)
Total assets less current liabilities(612,636)(114,584)
Net assets(612,636)(114,584)
Capital and reserves
Called up share capital22
Profit and loss account(612,638)(114,586)
Shareholders' funds(612,636)(114,584)
The financial statements were approved and authorised for issue by the Board of Directors on 19 November 2024, and are signed on its behalf by:
JOUBERT, Jan Andre
Director
Registered Company No. 13200875
TOURISM EXCHANGE GREAT BRITAIN LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20242023
Average number of employees during the year159
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 April 233,6533,653
Additions1,1241,124
At 31 March 244,7774,777
Depreciation and impairment
At 01 April 23737737
Charge for year1,1061,106
At 31 March 241,8431,843
Net book value
At 31 March 242,9342,934
At 31 March 232,9162,916
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables343,860112,738
Bank borrowings and overdrafts44,985-
Amounts owed to related parties73,3199,966
Taxation and social security28,51150,756
Other creditors5,2142,611
Accrued liabilities and deferred income247,06695,060
Total742,955271,131
5.Creditors: amounts due after one year
6.Pension commitments
The company operates a defined contribution pension scheme for the directors and senior employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £3,319 (2023 - £2,611) were due to the fund. They are included in other creditors.
7.Related party transactions
The balance owed to a group connected company was £63,020 (2023 : £9,966) and is shown in creditors above
8.Controlling party
Tourism Exchange Ltd is the ultimate parent company and controlling company by virtue of their shareholding in the company. Their address is Oak House, Tanshire Park, Shackleford Road, Elstead, Surrey, United Kingdom, GU86LB