In Flight Entertainment Touring Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07993460 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

In Flight Entertainment Touring Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R O B Van Den Bogaerde

SECRETARY:

SP Business Management Ltd

REGISTERED OFFICE:

16 Dalmore Road

London

SE21 8HB

REGISTERED NUMBER:

07993460 (England and Wales)

FIXED ASSETS

Tangible assets

3

4,659

8,813

CURRENT ASSETS

Debtors

4

4,312

16,544

Cash at bank and in hand

264,481

291,254

268,793

307,798

CREDITORS

Amounts falling due within one year

5

30,650

23,707

NET CURRENT ASSETS

238,143

284,091

TOTAL ASSETS LESS CURRENT LIABILITIES

242,802

292,904

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

242,801

292,903

SHAREHOLDERS' FUNDS

242,802

292,904

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 8 October 2019 and were signed by:

R O B Van Den Bogaerde - Director

1.	STATUTORY INFORMATION

In Flight Entertainment Touring 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is derived from ordinary activities and represents income received in respect of the

services of musical artists contracted to the company, net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 25% straight line.

Taxation

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 equity.

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

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

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 profits.

Foreign currencies

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 the operating result.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

and 31 March 2019

16,613

DEPRECIATION

At 1 April 2018

7,800

Charge for year

4,154

At 31 March 2019

11,954

NET BOOK VALUE

At 31 March 2019

4,659

At 31 March 2018

8,813

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

-

1,760

Other debtors

4,312

14,784

4,312

16,544

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

-

546

Taxation and social security

-

(9,298

)

Other creditors

30,650

32,459

30,650

23,707

6.	ULTIMATE CONTROLLING PARTY

Jasmine Van den Bogaerde has ultimate control of the company by virtue of her ownership

of share capital.