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Company Registration No. 08184995 (England and Wales)
Fairdeal Travel Ltd Unaudited accounts for the year ended 31 August 2024
Fairdeal Travel Ltd Unaudited accounts Contents
Page
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Fairdeal Travel Ltd Company Information for the year ended 31 August 2024
Directors
Ranjeet Singh Ranjeet Singh
Company Number
08184995 (England and Wales)
Registered Office
14 Norwood Road Southall Middlesex UB2 4DL England
Accountants
Kimti and Co-Accountants 5 Ruislip Road Greenford Middlesex UB6 9QD
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Fairdeal Travel Ltd for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fairdeal Travel Ltd for the year ended 31 August 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Kimti and Co-Accountants Chartered Certified Accountants 5 Ruislip Road Greenford Middlesex UB6 9QD 16 January 2025
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Fairdeal Travel Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,375 
4,000 
Current assets
Debtors
151,090 
53,472 
Cash at bank and in hand
23,341 
121,272 
174,431 
174,744 
Creditors: amounts falling due within one year
(77,569)
(69,638)
Net current assets
96,862 
105,106 
Total assets less current liabilities
103,237 
109,106 
Creditors: amounts falling due after more than one year
(23,333)
(33,333)
Net assets
79,904 
75,773 
Capital and reserves
Called up share capital
30,100 
30,100 
Capital redemption reserve
28,385 
28,385 
Profit and loss account
21,419 
17,288 
Shareholders' funds
79,904 
75,773 
For the year ending 31 August 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by
Ranjeet Singh Director Company Registration No. 08184995
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Fairdeal Travel Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Fairdeal Travel Ltd is a private company, limited by shares, registered in England and Wales, registration number 08184995. The registered office is 14 Norwood Road, Southall, Middlesex, UB2 4DL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
5,000 
- 
5,000 
Additions
597 
3,372 
3,969 
At 31 August 2024
5,597 
3,372 
8,969 
Depreciation
At 1 September 2023
1,000 
- 
1,000 
Charge for the year
919 
675 
1,594 
At 31 August 2024
1,919 
675 
2,594 
Net book value
At 31 August 2024
3,678 
2,697 
6,375 
At 31 August 2023
4,000 
- 
4,000 
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Fairdeal Travel Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,333 
548 
Accrued income and prepayments
139,421 
- 
Other debtors
9,336 
52,924 
151,090 
53,472 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
26 
- 
Taxes and social security
9,082 
13,723 
Other creditors
68,461 
55,915 
77,569 
69,638 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,333 
33,333 
Creditor due after one year is made up of a bounce back loan. Of this amount, due within one year is £10,000 ( 2022: £10,000)
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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