Abbey Travel Service Ltd 15657725 false 2024-04-18 2024-12-31 2024-12-31 The principal activity of the company is Other support activities Digita Accounts Production Advanced 6.30.9574.0 true 15657725 2024-04-18 2024-12-31 15657725 2024-12-31 15657725 bus:OrdinaryShareClass1 2024-12-31 15657725 core:CurrentFinancialInstruments 2024-12-31 15657725 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 15657725 bus:SmallEntities 2024-04-18 2024-12-31 15657725 bus:AuditExemptWithAccountantsReport 2024-04-18 2024-12-31 15657725 bus:FilletedAccounts 2024-04-18 2024-12-31 15657725 bus:SmallCompaniesRegimeForAccounts 2024-04-18 2024-12-31 15657725 bus:RegisteredOffice 2024-04-18 2024-12-31 15657725 bus:Director1 2024-04-18 2024-12-31 15657725 bus:Director2 2024-04-18 2024-12-31 15657725 bus:OrdinaryShareClass1 2024-04-18 2024-12-31 15657725 bus:PrivateLimitedCompanyLtd 2024-04-18 2024-12-31 15657725 bus:Agent1 2024-04-18 2024-12-31 15657725 core:UKTax 2024-04-18 2024-12-31 15657725 countries:EnglandWales 2024-04-18 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15657725

Abbey Travel Service Ltd

Unaudited Filleted Financial Statements

for the Period from 18 April 2024 to 31 December 2024

 

Abbey Travel Service Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Abbey Travel Service Ltd

Company Information

Directors

Mr J M Aljoe

Mrs B Aljoe

Registered office

9A Burroughs Gardens
London
NW4 4AU

Registered number

15657725

Accountants

Ripe LLP
Chartered Accountants9A Burroughs Gardens
London
NW4 4AU

 

Abbey Travel Service Ltd

(Registration number: 15657725)
Balance Sheet as at 31 December 2024

Note

2024
£

Current assets

 

Debtors

5

11,361

Cash at bank and in hand

 

16,299

 

27,660

Creditors: Amounts falling due within one year

6

(15,461)

Net assets

 

12,199

Capital and reserves

 

Called up share capital

7

100

Retained earnings

12,099

Shareholders' funds

 

12,199

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their 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 and 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 April 2025 and signed on its behalf by:
 

.........................................
Mr J M Aljoe
Director

.........................................
Mrs B Aljoe
Director

 

Abbey Travel Service Ltd

Notes to the Unaudited Financial Statements for the Period from 18 April 2024 to 31 December 2024

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:
9A Burroughs Gardens
London
NW4 4AU
England

The principal place of business is:
Old Trees
Green Dene
East Horsley
Surrey
KT24 5RF

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 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 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Abbey Travel Service Ltd

Notes to the Unaudited Financial Statements for the Period from 18 April 2024 to 31 December 2024

Tax

The tax expense for the period comprises current 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.

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.

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.

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.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Taxation

Tax charged/(credited) in the profit and loss account

 

Abbey Travel Service Ltd

Notes to the Unaudited Financial Statements for the Period from 18 April 2024 to 31 December 2024

2024
£

Current taxation

UK corporation tax

3,961

 

Abbey Travel Service Ltd

Notes to the Unaudited Financial Statements for the Period from 18 April 2024 to 31 December 2024

5

Debtors

Current

Note

2024
£

Amounts owed by related parties

8

11,361

   

11,361

6

Creditors

2024
£

Due within one year

Taxation and social security

3,961

Accruals and deferred income

1,500

Other creditors

10,000

15,461

7

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary shares of £1 each

100

100

   


New shares allotted
During the year 100 Ordinary shares having a nominal value of £1 were allotted for an aggregate consideration of £100.

 

Abbey Travel Service Ltd

Notes to the Unaudited Financial Statements for the Period from 18 April 2024 to 31 December 2024

8

Related party transactions


Abbey International Events Limited
(related company)

As at the balance sheet date, Abbey International Events Limited owed £11,361 to the company.

Helenslea Limited
(related company)

As at the balance sheet date, the company owed £10,000 to Helenslea Limited.