Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activitytrue2023-04-01false33falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10314381 2023-04-01 2024-03-31 10314381 2022-04-01 2023-03-31 10314381 2024-03-31 10314381 2023-03-31 10314381 2022-04-01 10314381 c:Director2 2023-04-01 2024-03-31 10314381 d:CurrentFinancialInstruments 2024-03-31 10314381 d:CurrentFinancialInstruments 2023-03-31 10314381 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10314381 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10314381 d:ShareCapital 2024-03-31 10314381 d:ShareCapital 2023-03-31 10314381 d:RetainedEarningsAccumulatedLosses 2024-03-31 10314381 d:RetainedEarningsAccumulatedLosses 2023-03-31 10314381 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 10314381 d:TaxLossesCarry-forwardsDeferredTax 2023-03-31 10314381 c:OrdinaryShareClass1 2023-04-01 2024-03-31 10314381 c:OrdinaryShareClass1 2024-03-31 10314381 c:OrdinaryShareClass1 2023-03-31 10314381 c:FRS102 2023-04-01 2024-03-31 10314381 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10314381 c:FullAccounts 2023-04-01 2024-03-31 10314381 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10314381 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10314381













FOOD AND TRAVEL GERMANY LTD
UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2024


 
FOOD AND TRAVEL GERMANY LTD
REGISTERED NUMBER:10314381


BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
254,047
252,485

Cash at bank and in hand
  
5,269
3,527

  
259,316
256,012

Creditors: amounts falling due within one year
 5 
(488,157)
(448,158)

Net current liabilities
  
 
 
(228,841)
 
 
(192,146)

Total assets less current liabilities
  
(228,841)
(192,146)

  

Net liabilities
  
(228,841)
(192,146)


Capital and reserves
  

Called up share capital 
 7 
150
150

Profit and loss account
  
(228,991)
(192,296)

  
(228,841)
(192,146)


Page 1


 
FOOD AND TRAVEL GERMANY LTD
REGISTERED NUMBER:10314381

    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




G J Rankin
Director

Date: 27 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2


 
FOOD AND TRAVEL GERMANY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Food and Travel Germany Ltd is incorporated and domiciled in England and Wales. The registered office and business address is Suite 51, The Buisness Centre, Ingate Place, London, United Kingdom, SW8 3NS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

At 31 March 2024 the company had net liabilities of £228,841 (2023: £192,146). The company is funded by advances from a related company, Green Pea Publishing Limited. At 31 March 2024 £431,415 (2023: £391,415) was owed by the company to Green Pea Publishing Limited. It is the full intention of the company not to repay any amounts due to this company until such time as the company's cash reserves are sufficient to accommodate such repayment and the company's ability to meet other ongoing debts as they fall due will not be impaired.
In light of the above and after taking into account all information that could reasonably be expected to
be available, the directors believe that it is appropriate for the financial statements to be be prepared
on the going concern basis which presumes the company will continue in operational existence for
the foreseeable future.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Page 3


 
FOOD AND TRAVEL GERMANY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 4


 
FOOD AND TRAVEL GERMANY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.



3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Debtors

2024
2023
£
£


Trade debtors
29,767
42,498

Amounts owed by group undertakings
221,640
200,273

Other debtors
2,640
3,249

Deferred taxation
-
6,465

254,047
252,485


Page 5


 
FOOD AND TRAVEL GERMANY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
19,861
23,054

Other creditors
465,796
422,604

Accruals and deferred income
2,500
2,500

488,157
448,158



6.


Deferred taxation




2024
2023


£

£






At beginning of year
6,465
1,735


Charged to the profit or loss
(6,465)
4,730



At end of year
-
6,465

The deferred tax asset is made up as follows:

2024
2023
£
£


Tax losses carried forward
-
6,465

-
6,465


7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



150 (2023 - 150) Ordinary shares of £1.00 each
150
150


 
Page 6