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REGISTERED NUMBER: 01698054 (England and Wales)





















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: P G Cook
Mrs K Cook
D A Kilby-Edwards
Mrs S Howell-Jones





REGISTERED OFFICE: 2 High Street
Studley
Warwickshire
B80 7HJ





REGISTERED NUMBER: 01698054 (England and Wales)





ACCOUNTANTS: Prince Accountancy
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 4 279,512 290,246
Investments 5 2,000 2,000
Investment property 6 - 40,162
281,512 332,408

CURRENT ASSETS
Stocks - 780
Debtors 7 272,104 318,117
Cash at bank and in hand 324,676 166,127
596,780 485,024
CREDITORS
Amounts falling due within one year 463,338 387,154
NET CURRENT ASSETS 133,442 97,870
TOTAL ASSETS LESS CURRENT
LIABILITIES

414,954

430,278

CAPITAL AND RESERVES
Called up share capital 50,351 50,351
Revaluation reserve 175,476 175,476
Retained earnings 189,127 204,451
SHAREHOLDERS' FUNDS 414,954 430,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 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.

GOWER TOURS LIMITED (REGISTERED NUMBER: 01698054)

ABRIDGED BALANCE SHEET - continued
31 OCTOBER 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 December 2017 and were signed on
its behalf by:




Mrs K Cook - Director



D A Kilby-Edwards - Director


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 private company, limited by shares , registered in England and Wales. The
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
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 12 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 November 2016
and 31 October 2017 356,790
DEPRECIATION
At 1 November 2016 66,544
Charge for year 10,734
At 31 October 2017 77,278
NET BOOK VALUE
At 31 October 2017 279,512
At 31 October 2016 290,246

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 40,162
Disposals (40,162 )
At 31 October 2017 -
NET BOOK VALUE
At 31 October 2017 -
At 31 October 2016 40,162

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 3,880 5,920