NUAGE TRAVEL LIMITED - Filleted accounts

Registered number

03217962

NUAGE TRAVEL LIMITED

Unaudited Filleted Accounts

24 December 2024

NUAGE TRAVEL LIMITED
Registered number:		03217962
Balance Sheet
as at 24 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		1,828			605

Current assets
Debtors	4	212,362			214,412
Cash at bank and in hand		468,593			496,892
		680,955			711,304

Creditors: amounts falling due within one year	5	(211,471)			(248,597)

Net current assets			469,484			462,707

Net assets			471,312			463,312

Capital and reserves
Called up share capital			50,000			50,000
Profit and loss account			421,312			413,312

Shareholders' funds			471,312			463,312

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.




MRS KHALEDA B ALI
Director
Approved by the board on 18 June 2025

NUAGE TRAVEL LIMITED
Notes to the Accounts
for the year ended 24 December 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 travel services. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, and equipment	25% reducing balance


	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Current tax assets and liabilities are not discounted.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


	Pensions
	Contributions to pension plans are expensed in the period to which they relate.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		4		4


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 25 December 2023				38,584
	Additions				1,832
	At 24 December 2024				40,416

	Depreciation
	At 25 December 2023				37,979
	Charge for the year				609
	At 24 December 2024				38,588

	Net book value
	At 24 December 2024				1,828
	At 24 December 2023				605


4	Debtors		2024		2023
£				£

	Trade debtors		55,832		50,919
	Loan to connected company		154,330		161,103
	Other debtors		2,200		2,390
			212,362		214,412


5	Creditors: amounts falling due within one year		2024		2023
£				£

	Trade creditors		169,080		194,936
	Taxation and social security costs		4,299		14,611
	Other creditors		38,092		39,050
			211,471		248,597


6	Related party transactions

	The office premises from which the company operates are personally owned by the directors. The annual rental charge is £9,100 and there were no outstanding balances at 24th December 2024. Mileage allowances were also paid to the directors.


7	Controlling party

	The company is controlled by the directors by virtue of holding all of the ordinary issued share capital.


8	Other information

	NUAGE TRAVEL LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	602, Stratford Road,
	Sparkhill
	BIRMINGHAM.
	B11 4AP