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REGISTERED NUMBER: 01452467 (England and Wales)










Holidays in Wales Limited

Unaudited Financial Statements

for the Year Ended 30 April 2023






Holidays in Wales Limited (Registered number: 01452467)






Contents of the Financial Statements
for the year ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

Holidays in Wales Limited

Company Information
for the year ended 30 April 2023







DIRECTOR: Mr P H Fowler





SECRETARY: D Crewsdon





REGISTERED OFFICE: Pennant House
18 Field Street
Llangefni
Anglesey
LL777EH





REGISTERED NUMBER: 01452467 (England and Wales)

Holidays in Wales Limited (Registered number: 01452467)

Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,187 1,190
Investments 5 60,300 56,307
61,487 57,497

CURRENT ASSETS
Debtors 6 2,590 2,585
Cash at bank 2,093 930
4,683 3,515
CREDITORS
Amounts falling due within one year 7 31,179 30,864
NET CURRENT LIABILITIES (26,496 ) (27,349 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,991

30,148

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 735 735
Retained earnings 34,156 29,313
34,991 30,148

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.

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 4 April 2024 and were signed by:





Mr P H Fowler - Director


Holidays in Wales Limited (Registered number: 01452467)

Notes to the Financial Statements
for the year ended 30 April 2023

1. STATUTORY INFORMATION

Holidays in Wales 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 15% on reducing balance

Investments in associates
Investments in associate 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.

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.

3. EMPLOYEES AND DIRECTORS

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

Holidays in Wales Limited (Registered number: 01452467)

Notes to the Financial Statements - continued
for the year ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2022
and 30 April 2023 1,200 1,561 2,761
DEPRECIATION
At 1 May 2022 16 1,555 1,571
Charge for year 2 1 3
At 30 April 2023 18 1,556 1,574
NET BOOK VALUE
At 30 April 2023 1,182 5 1,187
At 30 April 2022 1,184 6 1,190

Freehold property is being depreciated on straight line basis 0.1%.

5. FIXED ASSET INVESTMENTS
Interest
in Other
associate investments Totals
£    £    £   
COST OR VALUATION
At 1 May 2022 56,306 1 56,307
Revaluations 3,993 - 3,993
At 30 April 2023 60,299 1 60,300
NET BOOK VALUE
At 30 April 2023 60,299 1 60,300
At 30 April 2022 56,306 1 56,307

Cost or valuation at 30 April 2023 is represented by:

Interest
in Other
associate investments Totals
£    £    £   
Valuation in 2021 46,964 - 46,964
Valuation in 2022 1,168 - 1,168
Valuation in 2023 3,993 - 3,993
Cost 8,174 1 8,175
60,299 1 60,300

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 648 643
Other debtors 1,942 1,942
2,590 2,585

Holidays in Wales Limited (Registered number: 01452467)

Notes to the Financial Statements - continued
for the year ended 30 April 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 12,524 12,524
Trade creditors 2,399 2,084
Other creditors 16,256 16,256
31,179 30,864

8. RESERVES
Revaluation
reserve
£   
At 1 May 2022
and 30 April 2023 735

Holidays in Wales Limited

Report of the Accountants to the Director of
Holidays in Wales Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN


4 April 2024