Company Registration No. 09911411 (England and Wales)
Best of South Africa Travel Limited
Unaudited accounts
for the year ended 31 March 2021
Best of South Africa Travel Limited
Unaudited accounts
Contents
Best of South Africa Travel Limited
Company Information
for the year ended 31 March 2021
Directors
Ashleigh Deanne Jarvis
Samuel David Jarvis
Company Number
09911411 (England and Wales)
Registered Office
BELL HOUSE PLUCKLEY ROAD
SMARDEN
ASHFORD
TN27 8NQ
ENGLAND
Accountants
Louisa Williams Accounting Services Ltd
18 Belmont Close
Barming
Maidstone
Kent
ME16 9DY
Best of South Africa Travel Limited
Statement of financial position
as at
31 March 2021
Tangible assets
1,061
960
Cash at bank and in hand
17,767
94,077
Creditors: amounts falling due within one year
(229,207)
(116,298)
Net current assets
60,421
54,453
Total assets less current liabilities
61,482
55,413
Creditors: amounts falling due after more than one year
(50,000)
-
Called up share capital
10,000
10,000
Profit and loss account
1,482
45,413
Shareholders' funds
11,482
55,413
For the year ending 31 March 2021 the company was entitled to exemption from audit 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2022 and were signed on its behalf by
Ashleigh Deanne Jarvis
Director
Company Registration No. 09911411
Best of South Africa Travel Limited
Notes to the Accounts
for the year ended 31 March 2021
Best of South Africa Travel Limited is a private company, limited by shares, registered in England and Wales, registration number 09911411. The registered office is BELL HOUSE PLUCKLEY ROAD, SMARDEN, ASHFORD, TN27 8NQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover is recognised on a departure date basis in line with CAA and ATOL requirements.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Best of South Africa Travel Limited
Notes to the Accounts
for the year ended 31 March 2021
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
187,176
74,404
Accrued income and prepayments
-
311
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
5,502
9,587
Loans from directors
20,760
31,238
Deferred income
200,449
74,403
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).