03423266 1.4.12 31.3.13 31.3.13 Company accounts Private Limited Company FY true false true false true false false false Ordinary 'A' 1.00000 Ordinary 'B' 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure034232662012-03-31034232662013-03-31034232662012-04-012013-03-31034232662011-03-31034232662011-04-012012-03-31034232662012-03-3103423266ns12:England2012-04-012013-03-3103423266ns14:PoundSterling2012-04-012013-03-3103423266ns7:Director12012-04-012013-03-3103423266ns7:OrdinaryShareClass12012-04-012013-03-3103423266ns7:OrdinaryShareClass22012-04-012013-03-3103423266ns5:PlantMachinery2012-04-012013-03-3103423266ns5:ComputerEquipment2012-04-012013-03-3103423266ns7:OrdinaryShareClass12013-03-3103423266ns7:OrdinaryShareClass12012-03-3103423266ns7:OrdinaryShareClass22013-03-3103423266ns7:OrdinaryShareClass22012-03-31
REGISTERED NUMBER: 03423266 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2013

FOR

GLOBAL TOURISM SOLUTIONS (UK) LTD

GLOBAL TOURISM SOLUTIONS (UK) LTD (REGISTERED NUMBER: 03423266)

CONTENTS OF THE ABBREVIATED ACCOUNTS
for the year ended 31 March 2013










Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

GLOBAL TOURISM SOLUTIONS (UK) LTD (REGISTERED NUMBER: 03423266)

ABBREVIATED BALANCE SHEET
31 March 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 150,001 180,001
Tangible assets 3 14,631 14,493
164,632 194,494

CURRENT ASSETS
Debtors 182,505 110,432
Cash at bank 113,418 160,855
295,923 271,287
CREDITORS
Amounts falling due within one year 124,180 136,251
NET CURRENT ASSETS 171,743 135,036
TOTAL ASSETS LESS CURRENT
LIABILITIES
336,375
329,530

PROVISIONS FOR LIABILITIES 14,847 16,829
NET ASSETS 321,528 312,701

CAPITAL AND RESERVES
Called up share capital 4 211 210
Profit and loss account 321,317 312,491
SHAREHOLDERS' FUNDS 321,528 312,701

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 9 December 2013 and were signed on its behalf by:





Mr D J James - Director


The notes form part of these abbreviated accounts

Page 1
GLOBAL TOURISM SOLUTIONS (UK) LTD (REGISTERED NUMBER: 03423266)

NOTES TO THE ABBREVIATED ACCOUNTS
for the year ended 31 March 2013


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

Office equipment - 25% on reducing balance
Computer equipment - 25% on cost

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 2012
and 31 March 2013 300,001
AMORTISATION
At 1 April 2012 120,000
Amortisation for year 30,000
At 31 March 2013 150,000
NET BOOK VALUE

At 31 March 2013 150,001
At 31 March 2012 180,001

Page 2 continued...
GLOBAL TOURISM SOLUTIONS (UK) LTD (REGISTERED NUMBER: 03423266)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the year ended 31 March 2013


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2012 56,151
Additions 6,735
At 31 March 2013 62,886
DEPRECIATION
At 1 April 2012 41,658
Charge for year 6,597
At 31 March 2013 48,255
NET BOOK VALUE
At 31 March 2013 14,631
At 31 March 2012 14,493

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
91 Ordinary 'A' £1 91 90
(2012 - 90 )
120 Ordinary 'B' £1 120 120
211 210

1 Ordinary 'A' share of £1 was allotted and fully paid for cash at par during the year.

Page 3