Company Registration No. 11594501 (England and Wales)
RAYID TRAVEL LTD
Unaudited accounts
for the year ended 30 September 2024
RAYID TRAVEL LTD
Unaudited accounts
Contents
RAYID TRAVEL LTD
Company Information
for the year ended 30 September 2024
Director
Mr. Mohamed Ahmed OSMAN
Company Number
11594501 (England and Wales)
Registered Office
363/365 UNIT 36 COVENTRY ROAD
SMALL HEATH
BIRMINGHAM
B10 0SW
UNITED KINGDOM
Accountants
Amani & Co
(Accountants & Business Advisers)
Unit 35, 363-365 Coventry Road
Birmingham
B10 0SW
RAYID TRAVEL LTD
Statement of financial position
as at 30 September 2024
Tangible assets
8,129
9,913
Cash at bank and in hand
2,202
956
Creditors: amounts falling due within one year
(34,525)
(27,137)
Net current liabilities
(32,323)
(26,181)
Net liabilities
(24,194)
(16,268)
Called up share capital
1
1
Profit and loss account
(24,195)
(16,269)
Shareholders' funds
(24,194)
(16,268)
For the year ending 30 September 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 25 June 2025 and were signed on its behalf by
Mr. Mohamed Ahmed OSMAN
Director
Company Registration No. 11594501
RAYID TRAVEL LTD
Notes to the Accounts
for the year ended 30 September 2024
RAYID TRAVEL LTD is a private company, limited by shares, registered in England and Wales, registration number 11594501. The registered office is 363/365 UNIT 36 COVENTRY ROAD, SMALL HEATH, BIRMINGHAM, B10 0SW, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
12,295
2,099
2,909
17,303
At 30 September 2024
12,295
2,099
2,909
17,303
At 1 October 2023
5,390
914
1,086
7,390
Charge for the year
1,243
213
328
1,784
At 30 September 2024
6,633
1,127
1,414
9,174
At 30 September 2024
5,662
972
1,495
8,129
At 30 September 2023
6,905
1,185
1,823
9,913
RAYID TRAVEL LTD
Notes to the Accounts
for the year ended 30 September 2024
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
34,525
27,137
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).