Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Marina Executive Travel Ltd
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5 ) have been prepared.
Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Marina Executive Travel Ltd
for the Year Ended 29 February 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Marina Executive Travel Ltd for the year ended 29 February 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a member of the Association Of Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://rulebook/accaglobal.com .
This report is made solely to the Board of Directors of Marina Executive Travel Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Marina Executive Travel Ltd and state those matters that we have agreed to state to them, as a body . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marina Executive Travel Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Marina Executive Travel Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Marina Executive Travel Ltd. You consider that Marina Executive Travel Ltd 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 Marina Executive Travel Ltd. 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.
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Roderick Gunkel and Associates Ltd
Orchardlea
Callander
FK17 8BG
17 May 2016
Marina Executive Travel Ltd
(Registration number: SC215094)
Abbreviated Balance Sheet at 29 February 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
.........................................
Andrew Craik
Director
2
Marina Executive Travel Ltd
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Freehold property |
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Fixtures, fittings and equipment |
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Motor vehicles |
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Hire purchase and leasing
Marina Executive Travel Ltd
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued
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Tangible fixed assets |
Freehold land and buildings
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Fixtures and fittings
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Motor vehicles
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Total
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Cost or valuation |
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At 1 March 2015 |
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Additions |
- |
- |
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Disposals |
- |
- |
( |
( |
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At 29 February 2016 |
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Depreciation |
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At 1 March 2015 |
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Charge for the year |
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Eliminated on disposals |
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- |
( |
( |
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At 29 February 2016 |
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Net book value |
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At 29 February 2016 |
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At 28 February 2015 |
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Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 March 2015 |
218,114 |
218,114 |
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Additions |
38,511 |
38,511 |
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Disposals |
(30,229) |
(30,229) |
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At 29 February 2016 |
226,396 |
226,396 |
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Depreciation |
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At 1 March 2015 |
86,648 |
86,648 |
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Charge for the year |
35,968 |
35,968 |
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Eliminated on disposals |
(8,528) |
(8,528) |
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At 29 February 2016 |
114,088 |
114,088 |
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Net book value |
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At 29 February 2016 |
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At 28 February 2015 |
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Marina Executive Travel Ltd
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued
Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2016
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2015
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Amounts falling due within one year |
36,729 |
40,417 |
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Amounts falling due after more than one year |
9,511 |
24,182 |
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Total secured creditors |
46,240 |
64,599 |
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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