REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2017 |
FOR |
GOWER TOURS LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2017 |
FOR |
GOWER TOURS LIMITED |
GOWER TOURS LIMITED (REGISTERED NUMBER: 01698054) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2017 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
GOWER TOURS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 OCTOBER 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Charter House |
Sandford Street |
Lichfield |
Staffordshire |
WS13 6QA |
GOWER TOURS LIMITED (REGISTERED NUMBER: 01698054) |
ABRIDGED BALANCE SHEET |
31 OCTOBER 2017 |
31/10/17 | 31/10/16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
Investment property | 6 |
CURRENT ASSETS |
Stocks |
Debtors | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
GOWER TOURS LIMITED (REGISTERED NUMBER: 01698054) |
ABRIDGED BALANCE SHEET - continued |
31 OCTOBER 2017 |
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 its behalf by: |
GOWER TOURS LIMITED (REGISTERED NUMBER: 01698054) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2017 |
1. | STATUTORY INFORMATION |
Gower Tours Limited is a |
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 |
Stock of merchandise |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
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. |
Turnover |
Turnover represents net invoiced sales, excluding value added tax based upon date of departure. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off the cost less estimated |
residual value of each asset over its estimated useful life. |
Equipment & Fixtures - 15% on cost |
Motor Vehicles - 25% on cost |
Freehold Property - 2% on cost |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST OR VALUATION |
At 1 November 2016 |
and 31 October 2017 |
DEPRECIATION |
At 1 November 2016 |
Charge for year |
At 31 October 2017 |
NET BOOK VALUE |
At 31 October 2017 |
At 31 October 2016 |
GOWER TOURS LIMITED (REGISTERED NUMBER: 01698054) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 OCTOBER 2017 |
4. | TANGIBLE FIXED ASSETS - continued |
Cost or valuation at 31 October 2017 is represented by: |
Totals |
£ |
Valuation in 2008 | 203,851 |
Valuation in 2013 | (28,375 | ) |
Cost | 181,314 |
356,790 |
If freehold property had not been revalued it would have been included at the following historical cost: |
31/10/17 | 31/10/16 |
£ | £ |
Cost | 121,149 | 121,149 |
Aggregate depreciation | 12,115 | 9,692 |
Freehold property was valued on an open market basis on 19 August 2013 by Allan Morris & Jones Commercial Surveyors |
. |
5. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
At 1 November 2016 |
and 31 October 2017 | 2,000 |
NET BOOK VALUE |
At 31 October 2017 | 2,000 |
At 31 October 2016 | 2,000 |
6. | INVESTMENT PROPERTY |
Total |
£ |
COST |
At 1 November 2016 |
Disposals | ( |
) |
At 31 October 2017 |
NET BOOK VALUE |
At 31 October 2017 |
At 31 October 2016 |
GOWER TOURS LIMITED (REGISTERED NUMBER: 01698054) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 OCTOBER 2017 |
7. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31/10/17 | 31/10/16 |
£ | £ |
Other debtors |