Company Registration No. 12114580 (England and Wales)
Air Passenger Solicitors Limited
Unaudited accounts
for the year ended 31 October 2021
Air Passenger Solicitors Limited
Unaudited accounts
Contents
Air Passenger Solicitors Limited
Company Information
for the year ended 31 October 2021
Company Number
12114580 (England and Wales)
Registered Office
Meadow View Faygate Lane
Faygate
Horsham
West Sussex
RH12 4SJ
United Kingdom
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Air Passenger Solicitors Limited
Accountants' report
Accountants' report to the director of Air Passenger Solicitors Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Air Passenger Solicitors Limited for the year ended
31 October 2021 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Air Passenger Solicitors Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Air Passenger Solicitors Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Air Passenger Solicitors Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Air Passenger Solicitors Limited 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 Air Passenger Solicitors Limited. You consider that Air Passenger Solicitors Limited 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 Air Passenger Solicitors Limited. 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.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
27 January 2022
Air Passenger Solicitors Limited
Statement of financial position
as at
31 October 2021
Intangible assets
9,600
10,800
Tangible assets
11,250
5,073
Cash at bank and in hand
17,885
25,210
Creditors: amounts falling due within one year
(45,231)
(32,165)
Net current liabilities
(27,346)
(3,151)
Net (liabilities)/assets
(6,496)
12,722
Called up share capital
100
100
Profit and loss account
(6,596)
12,622
Shareholders' funds
(6,496)
12,722
For the year ending 31 October 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 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 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 and authorised for issue on 27 January 2022 and were signed on its behalf by
N J Davidson
Director
Company Registration No. 12114580
Air Passenger Solicitors Limited
Notes to the Accounts
for the year ended 31 October 2021
Air Passenger Solicitors Limited is a private company, limited by shares, registered in England and Wales, registration number 12114580. The registered office is Meadow View Faygate Lane, Faygate, Horsham, West Sussex, RH12 4SJ, United Kingdom.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill 10% on cost
4
Intangible fixed assets
Goodwill
At 1 November 2020
12,000
At 31 October 2021
12,000
Charge for the year
1,200
At 31 October 2020
10,800
Air Passenger Solicitors Limited
Notes to the Accounts
for the year ended 31 October 2021
5
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
At 31 October 2021
15,080
Charge for the year
2,196
At 31 October 2021
11,250
6
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
-
3,804
7
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
1,100
2,348
Other creditors
49,423
28,841
Loans from directors
(6,537)
-
8
Share capital
2021
2020
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Air Passenger Solicitors Limited
Notes to the Accounts
for the year ended 31 October 2021
10
Transactions with related parties
Details of other creditors :
Deborah Loan : 11,681
Nigel Loan: 30,382
Advance from customer: 7,360
Total : 49,423
11
Average number of employees
During the year the average number of employees was 3 (2020: 0).