1 September 2023 false No description of principal activity Taxfiler 2024.6 11529070 business:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11529070 2023-08-31 11529070 2023-09-01 2024-08-31 11529070 business:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11529070 business:FilletedAccounts 2023-09-01 2024-08-31 11529070 2024-08-31 11529070 2023-08-31 11529070 core:AfterOneYear 2024-08-31 11529070 core:AfterOneYear 2023-08-31 11529070 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 11529070 core:ShareCapital core:PreviouslyStatedAmount 2023-08-31 11529070 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 11529070 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-08-31 11529070 core:PreviouslyStatedAmount 2024-08-31 11529070 core:PreviouslyStatedAmount 2023-08-31 11529070 business:SmallEntities 2023-09-01 2024-08-31 11529070 business:Director1 2023-09-01 2024-08-31 11529070 countries:EnglandWales 2023-09-01 2024-08-31 11529070 business:RegisteredOffice 2023-09-01 2024-08-31 11529070 core:Goodwill 2023-08-31 11529070 core:Goodwill 2024-08-31 11529070 core:Goodwill 2023-09-01 2024-08-31 11529070 core:AfterOneYear 2023-09-01 2024-08-31 11529070 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 11529070 (England and Wales)
DAMYTRAVEL LTD unaudited accounts for the year ended 31 August 2024
DAMYTRAVEL LTD Statement of financial position as at 31 August 2024
2024
2023
Notes
£
£
Fixed assets
Intangible assets
4
9,313
20,107
Current assets
Cash at bank and in hand
18,084
5,913
Net current assets
18,084
5,913
Total assets less current liabilities
27,397
26,020
Creditors: amounts falling due after more than one year
5
(24,194)
(24,194)
Net assets
3,203
1,826
Capital and reserves
Called up share capital
100
100
Profit and loss account
3,103
1,726
Shareholders' funds
3,203
1,826
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 May 2025 and were signed on its behalf by
Mr Akinbowale Kuboye Director Company Registration No. 11529070
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DAMYTRAVEL LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
DAMYTRAVEL LTD is a private company, limited by shares, registered in England and Wales, registration number 11529070. The registered office is UNIT 27 ACORN BUSINESS PARK, EMPRESS ROAD, SOUTHAMPTON, SO14 0JY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. The company is in active status but transactions have not started. The Director is making initial investments and necessary preparations before full trading will commence.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Question 13 on HMRC Capital v Revenue Expenditure Toolkit 2021 to 2022 Self Assessment and Company Tax Returns advised that the appropriate treatment of expenditure on developing a website is dependent on the nature of the expenditure and the function the website performs for the business. If the costs incurred create an enduring asset, consideration should be given to treating the expenditure as capital
4
Intangible fixed assets
Goodwill
£
Cost
At 1 September 2023
20,107
At 31 August 2024
20,107
Amortisation
At 1 September 2023
-
Other increase/(decrease)
10,794
At 31 August 2024
10,794
Net book value
At 31 August 2024
9,313
At 31 August 2023
20,107
The Director has invested £9,313 for website that will act as customers booking engine, API Integration, Payment Gateway Integration, Dashboard deposit with Suppliers etc.
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DAMYTRAVEL LTD Notes to the Accounts for the year ended 31 August 2024
5
Creditors: amounts falling due after more than one year
2024
2023
£
£
Loans from directors
24,194
24,194
The Director's loan during the year amounted to £24,194 . This is his personal fund for website and other computer assets.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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