Meander Travel Limited 01484560 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Travel Agency Digita Accounts Production Advanced 6.30.9574.0 true true 01484560 2023-01-01 2023-12-31 01484560 2023-12-31 01484560 bus:OrdinaryShareClass1 2023-12-31 01484560 core:RetainedEarningsAccumulatedLosses 2023-12-31 01484560 core:ShareCapital 2023-12-31 01484560 core:CurrentFinancialInstruments 2023-12-31 01484560 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 01484560 bus:SmallEntities 2023-01-01 2023-12-31 01484560 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 01484560 bus:FilletedAccounts 2023-01-01 2023-12-31 01484560 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 01484560 bus:RegisteredOffice 2023-01-01 2023-12-31 01484560 bus:CompanySecretaryDirector1 2023-01-01 2023-12-31 01484560 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 01484560 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01484560 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 01484560 core:ShareCapital 2023-01-01 2023-12-31 01484560 core:ComputerEquipment 2023-01-01 2023-12-31 01484560 core:OfficeEquipment 2023-01-01 2023-12-31 01484560 core:ToolsEquipment 2023-01-01 2023-12-31 01484560 countries:EnglandWales 2023-01-01 2023-12-31 01484560 2022-12-31 01484560 core:RetainedEarningsAccumulatedLosses 2022-12-31 01484560 core:ShareCapital 2022-12-31 01484560 2022-01-01 2022-12-31 01484560 2022-12-31 01484560 bus:OrdinaryShareClass1 2022-12-31 01484560 core:CurrentFinancialInstruments 2022-12-31 01484560 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 01484560 core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 01484560 core:ShareCapital 2022-01-01 2022-12-31 01484560 2021-12-31 01484560 core:RetainedEarningsAccumulatedLosses 2021-12-31 01484560 core:ShareCapital 2021-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01484560

Meander Travel Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 December 2023

 

Meander Travel Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Unaudited Abridged Financial Statements

4 to 6

 

Meander Travel Limited

Company Information

Director

Mrs C M M Andronike

Company secretary

Mrs C M M Andronike

Registered office

26 High Street
Rickmansworth
Hertfordshire
WD3 1ER

 

Meander Travel Limited

(Registration number: 01484560)
Abridged Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

5

2,448

2,448

Cash at bank and in hand

 

4,140

53,300

 

6,588

55,748

Creditors: Amounts falling due within one year

(64,644)

(60,429)

Total assets less current liabilities

 

(58,056)

(4,681)

Accruals and deferred income

 

(1,276)

(885)

Net liabilities

 

(59,332)

(5,566)

Capital and reserves

 

Called up share capital

6

30,000

30,000

Retained earnings

(89,332)

(35,566)

Shareholders' deficit

 

(59,332)

(5,566)

For the financial year ending 31 December 2023 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 her 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.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) 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 Profit and Loss Account.

Approved and authorised by the director on 28 November 2024
 

.........................................
Mrs C M M Andronike
Company secretary and director

 

Meander Travel Limited

Statement of Changes in Equity for the Year Ended 31 December 2023

Share capital
£

Retained earnings
£

Total
£

At 1 January 2023

30,000

(35,566)

(5,566)

Loss for the year

-

(53,766)

(53,766)

At 31 December 2023

30,000

(89,332)

(59,332)

Share capital
£

Retained earnings
£

Total
£

At 1 January 2022

30,000

4,749

34,749

Loss for the year

-

(40,315)

(40,315)

At 31 December 2022

30,000

(35,566)

(5,566)

 

Meander Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

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:
26 High Street
Rickmansworth
Hertfordshire
WD3 1ER

These financial statements were authorised for issue by the director on 28 November 2024.

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 abridged 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 abridged 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.

Going concern

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

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of business,excluding discounts,rebates, value added tax and other sales taxes.

Tax

The tax expense for the period comprises 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.

Tangible assets

Tangible assets are stated in the balance sheet 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.

 

Meander Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

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

Office Equipment

15% Reducing Balance basis

Computer Equipment

33.33% Straight Line basis

Radio Equipment

25% Reducing Balance basis

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

Stocks

Stocks are stated at the lower of cost and net realisable value,after making due allowance for obsolete and slow moving items.

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.

 

Meander Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2023

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.

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 (2022 - 1).

4

Stocks

2023
£

2022
£

5

Debtors

Debtors includes £Nil (2022 - £Nil) due after more than one year.

6

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

30,000

30,000

30,000

30,000

       

7

Related party transactions

At 31 December 2023, the balance owing to the director of the company was £64,644 (2022 - £60,429).