REGISTERED NUMBER: 05779528 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2018

for

Alpes Travel Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A K Eggleston FCA

J Cocozza

R Cook

REGISTERED OFFICE:

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

REGISTERED NUMBER:

05779528 (England and Wales)

ACCOUNTANTS:

Eggleston Wiley LLP

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

1,049

-

1,049

CURRENT ASSETS

Debtors

6

31,788

29,921

Cash at bank and in hand

7,404

6,187

39,192

36,108

CREDITORS

Amounts falling due within one year

7

537,544

510,699

NET CURRENT LIABILITIES

(498,352

)

(474,591

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(498,352

)

(473,542

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(498,452

)

(473,642

)

SHAREHOLDERS' FUNDS

(498,352

)

(473,542

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 31 August 2018 and were signed on its behalf by:

A K Eggleston FCA - Director

1.	STATUTORY INFORMATION

Alpes Travel Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts invoiced for holidays with a departure date during the period, not including value

added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of two years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Website development

-

Straight line over 3 years

Fixtures and fittings

-

10% straight line

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2017

and 30 April 2018

3,488

AMORTISATION

At 1 May 2017

and 30 April 2018

3,488

NET BOOK VALUE

At 30 April 2018

-

At 30 April 2017

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Website

and

development

fittings

Totals

£

£

£

COST

At 1 May 2017

24,885

4,101

28,986

Disposals

(15,544

)

-

(15,544

)

At 30 April 2018

9,341

4,101

13,442

DEPRECIATION

At 1 May 2017

23,836

4,101

27,937

Charge for year

1,049

-

1,049

Eliminated on disposal

(15,544

)

-

(15,544

)

At 30 April 2018

9,341

4,101

13,442

NET BOOK VALUE

At 30 April 2018

-

-

-

At 30 April 2017

1,049

-

1,049

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade debtors

13,113

13,135

Other debtors

18,675

16,786

31,788

29,921

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade creditors

95,643

68,361

Taxation and social security

(1,664

)

1,420

Other creditors

443,565

440,918

537,544

510,699

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Adventure Base Limited.

The ultimate controlling party is AKE Investments Limited.