Company Registration No. 10205319 (England and Wales)
GLOBAL CITY TRAVEL LTD
unaudited accounts
for the year ended 31 May 2019
GLOBAL CITY TRAVEL LTD
unaudited accounts
Contents
GLOBAL CITY TRAVEL LTD
Company Information
for the year ended 31 May 2019
Director
Dimitrios Triadis
Company Number
10205319 (England and Wales)
Registered Office
1 NORTHUMBERLAND AVENUE
TRAFALGAR SQUARE
LONDON
WC2N 5BW
ENGLAND
Accountants
Connect Accountants Ltd
1 Deer Close
Grange Park
Northampton
Northamptonshire
NN4 5DN
GLOBAL CITY TRAVEL LTD
Statement of financial position
as at
31 May 2019
Intangible assets
1,804
2,165
Tangible assets
78,197
93,837
Investments
87,808
87,808
Cash at bank and in hand
1,053
770
Creditors: amounts falling due within one year
11,880
(8,196)
Net current assets/(liabilities)
21,481
(7,246)
Net assets
189,290
176,564
Called up share capital
199,821
199,821
Profit and loss account
(10,531)
(23,257)
Shareholders' funds
189,290
176,564
For the year ending 31 May 2019 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.
Approved by the Board on 28 February 2020.
Dimitrios Triadis
Director
Company Registration No. 10205319
GLOBAL CITY TRAVEL LTD
Notes to the Accounts
for the year ended 31 May 2019
GLOBAL CITY TRAVEL LTD is a private company, limited by shares, registered in England and Wales, registration number 10205319. The registered office is 1 NORTHUMBERLAND AVENUE, TRAFALGAR SQUARE, LONDON, WC2N 5BW, ENGLAND.
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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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
GLOBAL CITY TRAVEL LTD
Notes to the Accounts
for the year ended 31 May 2019
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Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
Charge for the year
15,640
6
Investments
Subsidiary undertakings
Valuation at 1 June 2018
87,808
Valuation at 31 May 2019
87,808
Accrued income and prepayments
-
180
8
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
(10,826)
(9,462)
Loans from directors
(1,424)
17,658
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Transactions with related parties
During the year, the company director Dimitrios Triadis owed £1,424 to the company (2018:£17,658 company owed to the director)
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Average number of employees
During the year the average number of employees was 0 (2018: 0).