IRIS Accounts Production
v18.2.1.62
05343019
director
1.1.17
31.12.17
31.12.17
26.9.2018
false
true
false
false
false
true
false
Auditors Opinion
iso4217:GBP
iso4217:USD
iso4217:EUR
xbrli:shares
xbrli:pure
05343019
2016-12-31
05343019
2017-12-31
05343019
2017-01-01
2017-12-31
05343019
2015-12-31
05343019
2016-01-01
2016-12-31
05343019
2016-12-31
05343019
ns15:EnglandWales
2017-01-01
2017-12-31
05343019
ns14:PoundSterling
2017-01-01
2017-12-31
05343019
ns10:Director1
2017-01-01
2017-12-31
05343019
ns10:PrivateLimitedCompanyLtd
2017-01-01
2017-12-31
05343019
ns10:SmallEntities
2017-01-01
2017-12-31
05343019
ns10:Audited
2017-01-01
2017-12-31
05343019
ns10:SmallCompaniesRegimeForDirectorsReport
2017-01-01
2017-12-31
05343019
ns10:SmallCompaniesRegimeForAccounts
2017-01-01
2017-12-31
05343019
ns10:FullAccounts
2017-01-01
2017-12-31
05343019
1
2017-01-01
2017-12-31
05343019
ns10:RegisteredOffice
2017-01-01
2017-12-31
05343019
ns5:CurrentFinancialInstruments
2017-12-31
05343019
ns5:CurrentFinancialInstruments
2016-12-31
05343019
ns5:ShareCapital
2017-12-31
05343019
ns5:ShareCapital
2016-12-31
05343019
ns5:RetainedEarningsAccumulatedLosses
2017-12-31
05343019
ns5:NetGoodwill
2017-01-01
2017-12-31
05343019
ns5:LongLeaseholdAssets
ns5:LandBuildings
2017-01-01
2017-12-31
05343019
ns5:FurnitureFittings
2017-01-01
2017-12-31
05343019
ns5:MotorVehicles
2017-01-01
2017-12-31
05343019
ns5:ComputerEquipment
2017-01-01
2017-12-31
05343019
ns5:NetGoodwill
2016-12-31
05343019
ns5:NetGoodwill
2017-12-31
05343019
ns5:NetGoodwill
2016-12-31
05343019
ns5:LongLeaseholdAssets
ns5:LandBuildings
2016-12-31
05343019
ns5:FurnitureFittings
2016-12-31
05343019
ns5:MotorVehicles
2016-12-31
05343019
ns5:ComputerEquipment
2016-12-31
05343019
ns5:LongLeaseholdAssets
ns5:LandBuildings
2017-12-31
05343019
ns5:FurnitureFittings
2017-12-31
05343019
ns5:MotorVehicles
2017-12-31
05343019
ns5:ComputerEquipment
2017-12-31
05343019
ns5:LongLeaseholdAssets
ns5:LandBuildings
2016-12-31
05343019
ns5:FurnitureFittings
2016-12-31
05343019
ns5:MotorVehicles
2016-12-31
05343019
ns5:ComputerEquipment
2016-12-31
05343019
ns5:CurrentFinancialInstruments
ns5:WithinOneYear
2017-12-31
05343019
ns5:CurrentFinancialInstruments
ns5:WithinOneYear
2016-12-31
05343019
ns5:WithinOneYear
2017-12-31
05343019
ns5:WithinOneYear
2016-12-31
05343019
ns5:BetweenOneFiveYears
2017-12-31
05343019
ns5:BetweenOneFiveYears
2016-12-31
05343019
ns5:AllPeriods
2017-12-31
05343019
ns5:AllPeriods
2016-12-31
REGISTERED NUMBER:
05343019
(England and Wales)
|
|
for the Year Ended 31st December 2017
|
|
|
Notes to the Financial Statements
|
3
|
|
|
REGISTERED OFFICE:
|
Unit A4
|
|
REGISTERED NUMBER:
|
05343019 (England and Wales)
|
|
AUDITORS:
|
Rice & Co Limited
|
Tangible assets
|
6
|
63,672
|
|
56,338
|
|
|
Cash at bank and in hand
|
2,100,908
|
|
2,924,324
|
|
|
Amounts falling due within one year
|
8
|
1,182,696
|
|
1,243,339
|
|
|
NET CURRENT ASSETS
|
1,601,019
|
|
1,756,430
|
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES
|
1,664,691
|
|
1,812,768
|
|
|
PROVISIONS FOR LIABILITIES
|
6,322
|
|
3,498
|
|
|
NET ASSETS
|
1,658,369
|
|
1,809,270
|
|
|
Called up share capital
|
30,100
|
|
30,100
|
|
|
Retained earnings
|
1,628,269
|
|
1,779,170 |
|
|
SHAREHOLDERS' FUNDS
|
1,658,369
|
|
1,809,270
|
|
|
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on
26th September 2018 and were signed by:
|
|
Blue Bay Travel 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
|
|
The presentation currency of the financial statements is the Pound Sterling (£).
|
2.
|
STATEMENT OF COMPLIANCE
|
|
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. 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.
|
|
Basis of preparing the financial statements
|
|
The financial statements have been prepared under the historical cost convention. |
|
Turnover comprises the value of commissions (excluding VAT, similar taxes and trade discounts) on
|
|
holiday bookings made. Revenue is recognised when bookings are confirmed, the point at which the
|
|
company becomes entitled to commission payment.
|
|
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, has been
|
|
fully amortised over its estimated useful life of ten years
|
|
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
|
Fixtures and fittings
|
-
|
25% on reducing balance |
|
Motor vehicles
|
-
|
25% on reducing balance |
|
Computer equipment
|
-
|
25% on reducing balance |
|
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
|
|
except to the extent that it relates to items recognised in other comprehensive income or directly in
|
|
Current or deferred taxation assets and liabilities are not discounted.
|
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
|
|
enacted or substantively enacted by the balance sheet date.
|
|
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
|
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods
|
|
different from those in which they are recognised in financial statements. Deferred tax is measured
|
|
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
|
|
expected to apply to the reversal of the timing difference.
|
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
|
|
that they will be recovered against the reversal of deferred tax liabilities or other future taxable
|
|
In the initial phase of an internal project it is not possible to demonstrate that the project will generate
|
|
future economic benefits and hence all expenditure on research and development shall be recognised
|
|
as an expense when it is incurred.
|
|
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
|
|
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of
|
|
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at
|
|
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.
|
4.
|
EMPLOYEES AND DIRECTORS
|
|
The average number of employees during the year was
54 (2016 -
49 ) .
|
5.
|
INTANGIBLE FIXED ASSETS
|
|
and 31st December 2017
|
29,500
|
|
|
|
and 31st December 2017
|
29,500
|
|
|
|
Office
|
|
and
|
|
Motor
|
|
Computer
|
|
|
unit
|
|
fittings
|
|
vehicles
|
|
equipment
|
|
Totals
|
|
At 1st January 2017
|
10,139
|
|
67,328
|
|
45,055
|
|
62,899
|
|
185,421
|
|
|
|
Additions
|
-
|
|
9,657
|
|
-
|
|
24,443
|
|
34,100
|
|
|
|
Disposals
|
(10,139
|
) |
-
|
|
-
|
|
-
|
|
(10,139
|
) |
|
|
At 31st December 2017
|
-
|
|
76,985
|
|
45,055
|
|
87,342
|
|
209,382
|
|
|
|
At 1st January 2017
|
4,596
|
|
52,184
|
|
24,486
|
|
47,817
|
|
129,083
|
|
|
|
Charge for year
|
405
|
|
6,200
|
|
5,142
|
|
9,881
|
|
21,628
|
|
|
|
Eliminated on disposal
|
(5,001
|
) |
-
|
|
-
|
|
-
|
|
(5,001
|
) |
|
|
At 31st December 2017
|
-
|
|
58,384
|
|
29,628
|
|
57,698
|
|
145,710
|
|
|
|
At 31st December 2017
|
-
|
|
18,601
|
|
15,427
|
|
29,644
|
|
63,672
|
|
|
|
At 31st December 2016
|
5,543
|
|
15,144
|
|
20,569
|
|
15,082
|
|
56,338
|
|
|
7.
|
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|
|
|
Trade debtors
|
192,026
|
|
63,476
|
|
|
|
Amounts owed by group undertakings
|
466,939
|
|
-
|
|
|
|
Other debtors
|
23,842
|
|
11,969
|
|
|
8.
|
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|
|
|
Taxation and social security
|
209,686
|
|
286,731
|
|
|
|
Other creditors
|
973,010
|
|
956,608
|
|
|
|
Minimum lease payments under non-cancellable operating leases fall due as follows:
|
|
Within one year
|
60,000
|
|
20,000
|
|
|
|
Between one and five years
|
180,000
|
|
40,000
|
|
|
10.
|
DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006
|
|
The Report of the Auditors was unqualified.
|
|
Steven Dale FCA (Senior Statutory Auditor)
|
|
for and on behalf of
Rice & Co Limited |
|
The company's parent company is Blue Bay Travel Group Limited, a company incorporated in
|
|
England and Wales, which owns 100% of the issued share capital of the company.
|