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REGISTERED NUMBER: 05100204 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Action Outdoors Holidays Limited

Action Outdoors Holidays Limited (Registered number: 05100204)

Contents of the Financial Statements
for the Year Ended 30 April 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Action Outdoors Holidays Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: D Robertson





REGISTERED OFFICE: 6 Langdale Close
Old Felixstowe
Suffolk
IP11 9SR





REGISTERED NUMBER: 05100204 (England and Wales)





ACCOUNTANTS: EWP Limited
20 Anchor Terrace
3-13 Southwark Bridge Road
London
SE1 9HQ

Action Outdoors Holidays Limited (Registered number: 05100204)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 75,955 108,888
75,955 108,888

CURRENT ASSETS
Debtors 6 330,132 2,005,849
Prepayments and accrued income 2,366 1,868
Cash at bank 4,508,930 3,158,143
4,841,428 5,165,860
CREDITORS
Amounts falling due within one year 7 3,941,806 2,978,186
NET CURRENT ASSETS 899,622 2,187,674
TOTAL ASSETS LESS CURRENT
LIABILITIES

975,577

2,296,562

PROVISIONS FOR LIABILITIES 18,989 20,689
NET ASSETS 956,588 2,275,873

CAPITAL AND RESERVES
Called up share capital 35,000 35,000
Retained earnings 921,588 2,240,873
SHAREHOLDERS' FUNDS 956,588 2,275,873

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

Action Outdoors Holidays Limited (Registered number: 05100204)

Balance Sheet - continued
30 April 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 19 October 2023 and were signed by:





D Robertson - Director


Action Outdoors Holidays Limited (Registered number: 05100204)

Notes to the Financial Statements
for the Year Ended 30 April 2023


1. STATUTORY INFORMATION

Action Outdoors Holidays 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 represents net amounts invoiced for both commissions on and full payments of holidays with a departure date in the accounting period, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance, Straight line over 4 years and Straight line over 3 years
Motor vehicles - Straight line over 3 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


Action Outdoors Holidays Limited (Registered number: 05100204)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023


2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2022
and 30 April 2023 5,000
AMORTISATION
At 1 May 2022
and 30 April 2023 5,000
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 -

Action Outdoors Holidays Limited (Registered number: 05100204)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2022 293,609 8,629 50,544 352,782
Additions 11,520 - - 11,520
Disposals - 1,950 - 1,950
At 30 April 2023 305,129 10,579 50,544 366,252
DEPRECIATION
At 1 May 2022 187,076 6,274 50,544 243,894
Charge for year 44,968 1,435 - 46,403
At 30 April 2023 232,044 7,709 50,544 290,297
NET BOOK VALUE
At 30 April 2023 73,085 2,870 - 75,955
At 30 April 2022 106,533 2,355 - 108,888

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 168,313 68,190
Other debtors 161,819 1,937,659
330,132 2,005,849

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 3,325 (1,065 )
Taxation and social security 138,979 26,141
Other creditors 3,799,502 2,953,110
3,941,806 2,978,186

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D Robertson.