IRIS Accounts Production v24.3.2.46 11207261 director 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112072612023-08-31112072612024-08-31112072612023-09-012024-08-31112072612022-08-31112072612022-09-012023-08-31112072612023-08-3111207261ns15:EnglandWales2023-09-012024-08-3111207261ns14:PoundSterling2023-09-012024-08-3111207261ns10:Director12023-09-012024-08-3111207261ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3111207261ns10:SmallEntities2023-09-012024-08-3111207261ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3111207261ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3111207261ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3111207261ns10:AbridgedAccounts2023-09-012024-08-3111207261ns10:RegisteredOffice2023-09-012024-08-3111207261ns5:CurrentFinancialInstruments2024-08-3111207261ns5:CurrentFinancialInstruments2023-08-3111207261ns5:Non-currentFinancialInstruments2024-08-3111207261ns5:Non-currentFinancialInstruments2023-08-3111207261ns5:ShareCapital2024-08-3111207261ns5:ShareCapital2023-08-3111207261ns5:RetainedEarningsAccumulatedLosses2024-08-3111207261ns5:RetainedEarningsAccumulatedLosses2023-08-3111207261ns5:ComputerEquipment2023-09-012024-08-31
REGISTERED NUMBER: 11207261 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

RASK TRAVEL LTD

RASK TRAVEL LTD (REGISTERED NUMBER: 11207261)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


RASK TRAVEL LTD

COMPANY INFORMATION
for the year ended 31 August 2024







DIRECTOR: Mr J R Eilersen





REGISTERED OFFICE: 9 Appold St
8th Floor
London
EC2A 2AP





REGISTERED NUMBER: 11207261 (England and Wales)





ACCOUNTANTS: Raffingers Holdings Limited
Chartered Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

RASK TRAVEL LTD (REGISTERED NUMBER: 11207261)

ABRIDGED BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 602 803

CURRENT ASSETS
Debtors 217,528 165,605
Cash at bank 60,727 175,491
278,255 341,096
CREDITORS
Amounts falling due within one year 139,698 183,773
NET CURRENT ASSETS 138,557 157,323
TOTAL ASSETS LESS CURRENT
LIABILITIES

139,159

158,126

CREDITORS
Amounts falling due after more than one year 178,877 278,088
NET LIABILITIES (39,718 ) (119,962 )

CAPITAL AND RESERVES
Called up share capital 30,001 30,001
Retained earnings (69,719 ) (149,963 )
(39,718 ) (119,962 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RASK TRAVEL LTD (REGISTERED NUMBER: 11207261)

ABRIDGED BALANCE SHEET - continued
31 August 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 February 2025 and were signed by:





Mr J R Eilersen - Director


RASK TRAVEL LTD (REGISTERED NUMBER: 11207261)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2024

1. STATUTORY INFORMATION

RASK Travel 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The accounts have been prepared on the going concern basis as the director is of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director.

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 - 25% on cost

Government grants
Government grants, including non-monetary grants shall not be recognised until there is reasonable assurance that:
(a) the entity will comply with the conditions attaching to them; and
(b) the grants will be received

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.


RASK TRAVEL LTD (REGISTERED NUMBER: 11207261)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Illegal dividend
During the accounting period a dividend was paid in contravention to section 830 of the Companies Act 2006. When the distribution was made, the company was unaware that profits were not available for this purpose. The company undertakes to make no further distributions until the deficit is covered.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

RASK TRAVEL LTD (REGISTERED NUMBER: 11207261)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023 3,062
Additions 541
At 31 August 2024 3,603
DEPRECIATION
At 1 September 2023 2,259
Charge for year 742
At 31 August 2024 3,001
NET BOOK VALUE
At 31 August 2024 602
At 31 August 2023 803

5. RELATED PARTY DISCLOSURES

During the year the company received management fees of £45,354 (2023 : 151,449) from RASK Travel Scandinavia Limited, a company under common control. At the balance sheet date the company owed £170,657 (2023 : £260,438) to RASK Travel Scandinavia Limited.