Registered number
10743748
Exclusive Trips Limited
Filleted Accounts
30 April 2024
Exclusive Trips Limited
Registered number: 10743748
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 831 -
Current assets
Debtors 4 101,525 123,820
Cash at bank and in hand 14 481
101,539 124,301
Creditors: amounts falling due within one year 5 (192,195) (124,263)
Net current (liabilities)/assets (90,656) 38
Total assets less current liabilities (89,825) 38
Creditors: amounts falling due after more than one year 6 (37,313) (40,624)
Net liabilities (127,138) (40,586)
Capital and reserves
Called up share capital 2 2
Profit and loss account (127,140) (40,588)
Shareholders' funds (127,138) (40,586)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Himayat Ali
Director
Approved by the board on 10 December 2024
Exclusive Trips Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
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.
Leased assets
Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Functional and presentation currency
The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency.
Employee benefits
Short-term employee benefits
Short-term employee benefits are recognised as an expense in the period in which they are incurred.

Post-employment defined contribution plans
Amounts in respect of defined contributions plans are recognised as an expense as they are incurred.

Termination benefits
Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy.
Going concern
The financial statements have been prepared on the basis that the company will receive continued financial support from bank and director and has adequate resources to continue in operational existence for the foreseeable future.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 831
At 30 April 2024 831
Depreciation
At 30 April 2024 -
Net book value
At 30 April 2024 831
4 Debtors 2024 2023
£ £
Trade debtors 41,525 63,198
Other debtors 60,000 60,622
101,525 123,820
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 49,137 28,072
Trade creditors 28,233 41,397
Other taxes and social security costs 7,369 6,980
Other creditors 107,456 47,814
192,195 124,263
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 37,313 40,624
7 Related party transactions
Included within other creditors is a director's loan of £88,503 (2023 - £36,676).
8 Controlling party
The director does not consider there to be an ultimate controlling party.
9 Other information
Exclusive Trips Limited is a private company limited by shares and incorporated in England. Its registered office is:
1st Floor
8 Town Quay Wharf
Abbey Road
Barking
IG11 7BZ
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