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REGISTERED NUMBER: 08632949 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 DECEMBER 2022 TO 31 JANUARY 2024

FOR

AIRLINK HOTEL & BANQUETING SUITE LTD

AIRLINK HOTEL & BANQUETING SUITE LTD (REGISTERED NUMBER: 08632949)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 DECEMBER 2022 TO 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AIRLINK HOTEL & BANQUETING SUITE LTD

COMPANY INFORMATION
FOR THE PERIOD 1 DECEMBER 2022 TO 31 JANUARY 2024







DIRECTORS: J Singh
B Singh





REGISTERED OFFICE: 18-22 Pump Lane
Hayes
UB3 3NB





REGISTERED NUMBER: 08632949 (England and Wales)





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY

AIRLINK HOTEL & BANQUETING SUITE LTD (REGISTERED NUMBER: 08632949)

BALANCE SHEET
31 JANUARY 2024

31.1.24 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,075 2,706
Tangible assets 5 3,574 5,046
5,649 7,752

CURRENT ASSETS
Debtors 6 211,731 612,000
Cash at bank 125,930 35,139
337,661 647,139
CREDITORS
Amounts falling due within one year 7 107,828 454,737
NET CURRENT ASSETS 229,833 192,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

235,482

200,154

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 235,382 200,054
235,482 200,154

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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.

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 19 November 2024 and were signed on its behalf by:





B Singh - Director


AIRLINK HOTEL & BANQUETING SUITE LTD (REGISTERED NUMBER: 08632949)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 DECEMBER 2022 TO 31 JANUARY 2024

1. STATUTORY INFORMATION

Airlink Hotel & Banqueting Suite Ltd 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.

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


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.

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.
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 (2022 - 7 ) .

AIRLINK HOTEL & BANQUETING SUITE LTD (REGISTERED NUMBER: 08632949)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 DECEMBER 2022 TO 31 JANUARY 2024

4. INTANGIBLE FIXED ASSETS
Intangible
Assets
£   
COST
At 1 December 2022
and 31 January 2024 12,905
AMORTISATION
At 1 December 2022 10,199
Amortisation for period 631
At 31 January 2024 10,830
NET BOOK VALUE
At 31 January 2024 2,075
At 30 November 2022 2,706

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 December 2022
and 31 January 2024 37,079 2,787 39,866
DEPRECIATION
At 1 December 2022 32,288 2,532 34,820
Charge for period 1,398 74 1,472
At 31 January 2024 33,686 2,606 36,292
NET BOOK VALUE
At 31 January 2024 3,393 181 3,574
At 30 November 2022 4,791 255 5,046

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 30.11.22
£    £   
Trade debtors - 330,000
Other debtors 195,600 -
Prepayments 16,131 282,000
211,731 612,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 30.11.22
£    £   
Trade creditors 61,366 410,879
Corporation Tax payable 9,750 18,590
Social security and other taxes 1,114 6,461
VAT 30,986 4,884
Other creditors - 3,000
Wages payable - 5,415
Director's current account 2,713 2,713
Accrued expenses 1,899 2,795
107,828 454,737

AIRLINK HOTEL & BANQUETING SUITE LTD (REGISTERED NUMBER: 08632949)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 DECEMBER 2022 TO 31 JANUARY 2024

8. RELATED PARTY DISCLOSURES

Included within other creditors as at year end is £2,712 (2022: £2,712) an amount owed to the directors of the company. The amount owed is unsecured and there are no specific terms to the repayment of this amount.