Registered number
10895700
TRAVEL XPERT LTD
Filleted Accounts
31 August 2024
TRAVEL XPERT LTD
Registered number: 10895700
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 45,972 66,340
Cash at bank and in hand 4,858 12,068
50,830 78,408
Creditors: amounts falling due within one year 4 (12,973) (31,055)
Net current assets 37,857 47,353
Total assets less current liabilities 37,857 47,353
Creditors: amounts falling due after more than one year 5 (18,021) (28,148)
Net assets 19,836 19,205
Capital and reserves
Called up share capital 100 100
Profit and loss account 19,736 19,105
Shareholders' funds 19,836 19,205
The directors are 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 directors acknowledge their 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.
MOYNUL ISLAM
Director
Approved by the board on 13 May 2025
TRAVEL XPERT LTD
Notes to the Accounts
for the year ended 31 August 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 the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 2
3 Debtors 2024 2023
£ £
Trade debtors 42,972 63,340
Other debtors 3,000 3,000
45,972 66,340
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 9,750 27,334
Taxation and social security costs 307 195
Other creditors 2,916 3,526
12,973 31,055
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 18,021 28,148
6 Other information
TRAVEL XPERT LTD is a private company limited by shares and incorporated in England. Its registered office is:
16 SEBERT ROAD
LONDON
E7 0QN
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