GALLEON TRAVEL 2009 LTD

Company Registration Number:
06548719 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

GALLEON TRAVEL 2009 LTD

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Notes

GALLEON TRAVEL 2009 LTD

Balance sheet

As at 30 April 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 72,000 76,500
Tangible assets: 4 2,276,793 2,155,663
Total fixed assets: 2,348,793 2,232,163
Current assets
Stocks: 24,958 28,775
Debtors:   611,595 419,367
Cash at bank and in hand: 436,488 259,888
Total current assets: 1,073,041 708,030
Creditors: amounts falling due within one year:   (965,032) (771,061)
Net current assets (liabilities): 108,009 (63,031)
Total assets less current liabilities: 2,456,802 2,169,132
Creditors: amounts falling due after more than one year:   (1,141,146) (1,340,715)
Provision for liabilities: (390,125) 0
Total net assets (liabilities): 925,531 828,417
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 925,431 828,317
Shareholders funds: 925,531 828,417

The notes form part of these financial statements

GALLEON TRAVEL 2009 LTD

Balance sheet statements

For the year ending 30 April 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 August 2023
and signed on behalf of the board by:

Name: H Bowden
Status: Director

The notes form part of these financial statements

GALLEON TRAVEL 2009 LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation policy

Fleet vehicles - Over the life expectancy of each vehicleFixture and fittings - 25% on CostMotor vehicles - 25% on Cost

Intangible fixed assets and amortisation policy

Goodwill - Amortised over 20 years.

GALLEON TRAVEL 2009 LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

2. Employees

2023 2022
Average number of employees during the period 48 48

GALLEON TRAVEL 2009 LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Intangible Assets

Total
Cost £
At 01 May 2022 90,000
At 30 April 2023 90,000
Amortisation
At 01 May 2022 13,500
Charge for year 4,500
At 30 April 2023 18,000
Net book value
At 30 April 2023 72,000
At 30 April 2022 76,500

GALLEON TRAVEL 2009 LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Tangible Assets

Total
Cost £
At 01 May 2022 3,302,638
Additions 826,275
Disposals (550,804)
Revaluations (82,217)
At 30 April 2023 3,495,892
Depreciation
At 01 May 2022 1,146,975
Charge for year 440,711
On disposals (368,587)
At 30 April 2023 1,219,099
Net book value
At 30 April 2023 2,276,793
At 30 April 2022 2,155,663