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VALERIO TRAVEL LTD
 
 
Company Registration Number
10595739
 
 
Report of the Directors and
Unaudited Financial Statements
 
 
Period of accounts
 
Start date 01/03/2023
 
End date 29/02/2024
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 1
VALERIO TRAVEL LTD
 
Contents of the Financial Statements
for the Period Ended 29 February 2024
 
 
Page
Company Information 3
 
Report of the Directors 4
 
Report of the Accountants 5
 
Profit and Loss Account 6
 
Balance Sheet 7 - 8
 
Notes to the Financial Statements 9 - 12
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 2
VALERIO TRAVEL LTD
Company Information
for the Period Ended 29 February 2024
 
Directors Valerio BIASION
 
Company secretary BIASION, Valerio
 
Registered office Unit 6, The School House
St. Mary's Business Centre,
66-70 Bourne Road, Bexley, Kent
DA5 1LU
 
Company Registration Number 10595739
 
Accountants Name Pomfrey Creed Accountants Ltd
Address Unit 6, The School House
St Mary's Business Centre
66-70 Bourne Road
Bexley, Kent
DA5 1LU
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 3
VALERIO TRAVEL LTD
Directors Report
for the Period Ended 29 February 2024
The directors present their report with the financial statements of the company for the
period ended 29 February 2024
Principal activities
The principal activity of the company in the period under review was
Travel agency
Directors
The director(s) shown below have held office during the whole of the period
Valerio BIASION
Small Company Provisions
These accounts have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
 
This report was approved by the board of directors on 2024-11-21
and signed on behalf of the board by
Name Valerio BIASION
Status Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 4
VALERIO TRAVEL LTD
 
Accountants' Report
for the Period Ended 29 February 2024
 
Independent accountants' report
 
Report to the directors on the preparation of the unaudited statutory accounts of the company for theperiod ended 29 February 2024. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of the company for the period ended 29 February 2024 as set out on pages 3 to 14 which comprise of Profit and Loss Account, the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us. This report is made solely to the Board of Directors of the company, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the
accounts of the company and state those matters that we have agreed to state to the Board of Directors
of the company, as a body, in this report. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the company and its Board of Directors as a body for our
work or for this report.
 
It is your duty to ensure the company 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/(loss) of
the company. You consider the company is exempt from the statutory audit requirement for the
period.
We have not been instructed to carry out an audit of the financial statements. 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 financial
statements.
 
 
 
 
 
 
 
Pomfrey Creed Accountants Ltd
Unit 6, The School House
St Mary's Business Centre
66-70 Bourne Road
Bexley, Kent
DA5 1LU
 
Date 2024-11-21
Page 5
VALERIO TRAVEL LTD
 
Profit and Loss Account
for the Period Ended 29 February 2024
2024 2,023
Notes £ £
 
Turnover 2 98,949 87,087
______ ______
Gross Profit/(Loss) 98,949 87,087
 
Administrative expenses 20,639 15,572
______ ______
Operating costs 20,639 15,572
 
______ ______
Operating Profit/(Loss) 3 78,310 71,515
______ ______
Profit/(Loss) on ordinary activities before taxation 78,310 71,515
 
Tax on profit on ordinary activities 5 16,822 13,588
_____ _____
Profit/(Loss) for the financial period after taxation 61,488 57,927
 
The notes form part of these financial statements
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 6
VALERIO TRAVEL LTD
Balance Sheet
for the Period Ended 29 February 2024
Company registration number 10595739
2024 2,023
Notes £ £
Current assets
Cash at bank and in hand 40,788 34,231
_______ _______
Total current assets/(liabilities) 40,788 34,231
Creditors
Creditors - amounts falling
due within one year 8 40,347 33,278
_______ _______
Net current assets 441 953
_______ _______
Total assets less current liabilities 441 953
_______ _______
Creditors - amounts falling
Net assets/(liabilities) 441 953
Capital and reserves
Called up share capital 10 2 2
Profit and loss account 11 439 951
___ ___
Total shareholders funds 441 953
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 7
VALERIO TRAVEL LTD
 
Balance Sheet
for the Period Ended 29 February 2024
 
 
 
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
 
For the year ending 29 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
 
The financial statements were approved by the Board of Directors on 2024-11-21
 
SIGNED ON BEHALF OF THE BOARD BY
 
 
 
 
 
 
 
Name Valerio BIASION
 
The notes form part of these financial statements
Average number of employees during period 1
 
 
 
 
 
 
 
 
 
Page 8
VALERIO TRAVEL LTD
Notes to the Financial Statements
for the Period Ended 29 February 2024
1. Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the small companies regime.
Turnover
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 9
VALERIO TRAVEL LTD
Notes to the Financial Statements
for the Period Ended 29 February 2024
2. Turnover 2024 2,023
£ £
United Kingdom 98,949 87,087
_____ _____
Total 98,949 87,087
3. Operating profit/(loss) 2024 2,023
Profit before tax as stated after charging the following £ £
4. Directors' remuneration 2024 2,023
£ £
Directors remuneration
Value of directors pension contributions
_ _
Total
The number of Directors accruing pension benefits was
5. Taxation
The tax charge on the profit on ordinary activities 2024 2,023
for the period was as follows £ £
UK Corporation Tax net of reliefs 16,822 13,588
_____ _____
Tax on profit on ordinary activities 16,822 13,588
6. Dividends 2024 2,023
£ £
Dividend on ordinary shares paid in period 62,000 61,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 10
VALERIO TRAVEL LTD
Notes to the Financial Statements
for the Period Ended 29 February 2024
7. Debtors 2024 2,023
_ _
Total
8. Creditors amounts falling due within one year 2024 2,023
Corporation tax 16,822 13,588
Other creditors 23,525 19,690
_____ _____
Total 40,347 33,278
9. Creditors amounts falling due after more than one year 2024 2,023
_ _
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 11
VALERIO TRAVEL LTD
Notes to the Financial Statements
for the Period Ended 29 February 2024
10. Share capital 2024 2,023
Authorised type Par value £ £
Ordinary 1 2 2
_ _
Total 2 2
Allotted, called up and paid £ £
Ordinary 2 2
_ _
Total 2 2
11. Reserves/Retained profit
Retained profit reconciliation £
Reserves at 1 March 2023 951
Profit/(Loss) for year 61,488
Dividends paid 62,000
___
Retained Profit/(Loss) at 29 February 2024 439
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 12