Abertawe Travel Ltd 06473203 false true 2015-11-01 2016-10-31 2016-10-31 06473203 2015-11-01 2016-10-31 06473203 2016-10-31 06473203 uk-bus:OrdinaryShareClass1 2016-10-31 06473203 uk-bus:Director1 2015-11-01 2016-10-31 06473203 uk-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 06473203 uk-bus:EntityAccountantsOrAuditors 2015-11-01 2016-10-31 06473203 uk-gaap:CommercialMotorVehicles 2015-11-01 2016-10-31 06473203 uk-gaap:LandBuildings 2015-11-01 2016-10-31 06473203 uk-gaap:OfficeEquipment 2015-11-01 2016-10-31 06473203 uk-gaap:PlantMachinery 2015-11-01 2016-10-31 06473203 2015-10-31 06473203 2015-10-31 06473203 uk-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP xbrli:shares

Registration number: 06473203

Abertawe Travel Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2016
 

Tim Taylor & Co Ltd
65 Newton Road
Mumbles
Swansea
SA3 4BL

 

Abertawe Travel Ltd
Contents

Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3 to 4

 

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Abertawe Travel Ltd
for the Year Ended 31 October 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Abertawe Travel Ltd for the year ended 31 October 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Abertawe Travel Ltd, as a body, in accordance with the terms of our engagement letterdated 11 August 2009. Our work has been undertaken solely to prepare for your approval the accounts of Abertawe Travel Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abertawe Travel Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Abertawe Travel Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Abertawe Travel Ltd. You consider that Abertawe Travel Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Abertawe Travel Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Tim Taylor & Co Ltd
65 Newton Road
Mumbles
Swansea
SA3 4BL

7 June 2017

 

Abertawe Travel Ltd
(Registration number: 06473203)
Abbreviated Balance Sheet at 31 October 2016

   

Note

   

2016
£

   

2015
£

 

Fixed assets

 

             

Tangible fixed assets

 

   

11,228

   

16,632

 

Current assets

 

             

Debtors

 

   

(2,828)

   

(16,907)

 

Cash at bank and in hand

 

   

331

   

957

 
   

   

(2,497)

   

(15,950)

 

Creditors: Amounts falling due within one year

 

   

(54,380)

   

(29,895)

 

Net current liabilities

 

   

(56,877)

   

(45,845)

 

Net liabilities

 

   

(45,649)

   

(29,213)

 

Capital and reserves

 

             

Called up share capital

 

3

   

2

   

2

 

Profit and loss account

 

   

(45,651)

   

(29,215)

 

Shareholders' deficit

 

   

(45,649)

   

(29,213)

 

For the year ending 31 October 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 7 June 2017

.........................................
S Squires
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

 

Abertawe Travel Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2016
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The financial statements have been prepared on a going concern basis. The directors have agreed not to seek repayment of loans due to them until the company has sufficient funds to do so.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Land and buildings

10% straight line basis

Plant & machinery

20% straight line basis

Motor vehicles

20% straight line basis

Office equipment

20% straight line basis

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

 

Abertawe Travel Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 October 2016
......... continued

2

Fixed assets

   

Tangible assets
£

   

Total
£

 

Cost

           

At 1 November 2015

 

95,965

   

95,965

 

Additions

 

583

   

583

 

At 31 October 2016

 

96,548

   

96,548

 

Depreciation

           

At 1 November 2015

 

79,333

   

79,333

 

Charge for the year

 

5,987

   

5,987

 

At 31 October 2016

 

85,320

   

85,320

 

Net book value

           

At 31 October 2016

 

11,228

   

11,228

 

At 31 October 2015

 

16,632

   

16,632

 

3

Share capital

Allotted, called up and fully paid shares

 

2016

2015

   

No.

   

£

   

No.

   

£

 

Ordinary shares of £1 each

 

2

   

2

   

2

   

2