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REGISTERED NUMBER: 10829011 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Transatlantic Travel UK Ltd

Transatlantic Travel UK Ltd (Registered number: 10829011)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Transatlantic Travel UK Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr William Charles Hayes
Mr Alexander Joe Hayes





REGISTERED OFFICE: 58 Breckfield Road South
Liverpool
Merseyside
L6 5DR





REGISTERED NUMBER: 10829011 (England and Wales)





ACCOUNTANTS: LJS Accounting Services (UK) Ltd
Unit 5, 1st Floor
Connect Business Village
24 Derby Road
Liverpool
Merseyside
L5 9PR

Transatlantic Travel UK Ltd (Registered number: 10829011)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 199 249

CURRENT ASSETS
Debtors 5 64,900 49,520
Cash at bank 11,620 8,872
76,520 58,392
CREDITORS
Amounts falling due within one year 6 30,044 20,701
NET CURRENT ASSETS 46,476 37,691
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,675

37,940

PROVISIONS FOR LIABILITIES 8 38 47
NET ASSETS 46,637 37,893

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 46,537 37,793
SHAREHOLDERS' FUNDS 46,637 37,893

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 29 January 2025 and were signed on its behalf by:



Mr William Charles Hayes - Director


Transatlantic Travel UK Ltd (Registered number: 10829011)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Transatlantic Travel UK 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Transatlantic Travel UK Ltd (Registered number: 10829011)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023
and 30 June 2024 950
DEPRECIATION
At 1 July 2023 701
Charge for year 50
At 30 June 2024 751
NET BOOK VALUE
At 30 June 2024 199
At 30 June 2023 249

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 64,900 45,900
Directors' current accounts - 3,620
64,900 49,520

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts (see note 7) 10,025 10,025
Tax 8,766 6,323
Social security and other taxes - 464
Directors' current accounts 10,107 2,909
Accrued expenses 1,146 980
30,044 20,701

7. LOANS

An analysis of the maturity of loans is given below:

30.6.24 30.6.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,025 10,025

8. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 38 47

Transatlantic Travel UK Ltd (Registered number: 10829011)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 47
Provided during year (9 )
Balance at 30 June 2024 38

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 July 2023 37,793
Profit for the year 8,744
At 30 June 2024 46,537