REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015 |
FOR |
GLOBAL TOURISM SOLUTIONS (UK) LIMITED |
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015 |
FOR |
GLOBAL TOURISM SOLUTIONS (UK) LIMITED |
GLOBAL TOURISM SOLUTIONS (UK) LIMITED (REGISTERED NUMBER: 03423266) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the year ended 31 March 2015 |
Page |
Abbreviated Balance Sheet | 1 |
Notes to the Abbreviated Accounts | 2 |
GLOBAL TOURISM SOLUTIONS (UK) LIMITED (REGISTERED NUMBER: 03423266) |
ABBREVIATED BALANCE SHEET |
31 March 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
The financial statements were approved by the Board of Directors on |
GLOBAL TOURISM SOLUTIONS (UK) LIMITED (REGISTERED NUMBER: 03423266) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the year ended 31 March 2015 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Turnover represents goods and services supplied, excluding value added tax. Revenue is recognised to the extent that the |
company has obtained the right to consideration through its performance and is measured at the fair value of the right to |
consideration. Where payments are received from customers in advance of the right to consideration being earned, the |
amounts are recorded as deferred income and included within creditors falling due within one year. |
Tangible fixed assets |
Office equipment | - |
Computer equipment | - |
Deferred tax |
The general principle is that deferred tax is recognised as a liability or asset if the transactions or events that give an |
obligation to pay more tax in future or a right to pay less tax in future have occurred by the balance sheet date. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. |
Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. |
Exchange differences are taken into account in arriving at the operating result. |
Intangible assets |
Intangible assets are included at cost and are to be amortised over their expected useful life of 10 years. No amortisation is |
provided in the year of purchase. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2014 |
and 31 March 2015 |
AMORTISATION |
At 1 April 2014 |
Amortisation for year |
At 31 March 2015 |
NET BOOK VALUE |
At 31 March 2015 |
At 31 March 2014 |
GLOBAL TOURISM SOLUTIONS (UK) LIMITED (REGISTERED NUMBER: 03423266) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
for the year ended 31 March 2015 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2014 |
Additions |
At 31 March 2015 |
DEPRECIATION |
At 1 April 2014 |
Charge for year |
At 31 March 2015 |
NET BOOK VALUE |
At 31 March 2015 |
At 31 March 2014 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
Ordinary 'A' | £1 |
Ordinary 'B' | £1 |
211 | 211 |