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REGISTERED NUMBER: 04834377 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 October 2023

for

ENABLE HOLIDAYS LIMITED

ENABLE HOLIDAYS LIMITED (REGISTERED NUMBER: 04834377)






Contents of the Financial Statements
for the year ended 31 OCTOBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ENABLE HOLIDAYS LIMITED

Company Information
for the year ended 31 OCTOBER 2023







DIRECTORS: L M Kirby
B Kirby





SECRETARY: B Kirby





REGISTERED OFFICE: Global House
303 Ballards Lane
London
N12 8NP





REGISTERED NUMBER: 04834377 (England and Wales)





ACCOUNTANTS: Hadjinicolaou & Co
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

ENABLE HOLIDAYS LIMITED (REGISTERED NUMBER: 04834377)

Statement of Financial Position
31 OCTOBER 2023

31/10/23 31/10/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,628 -
Investments 5 600 600
3,228 600

CURRENT ASSETS
Debtors 6 97,863 136,741
Cash at bank 419,683 318,186
517,546 454,927
CREDITORS
Amounts falling due within one year 7 179,031 179,553
NET CURRENT ASSETS 338,515 275,374
TOTAL ASSETS LESS CURRENT
LIABILITIES

341,743

275,974

CREDITORS
Amounts falling due after more than one
year

8

22,383

32,233
NET ASSETS 319,360 243,741

CAPITAL AND RESERVES
Called up share capital 9 241,000 241,000
Retained earnings 10 78,360 2,741
SHAREHOLDERS' FUNDS 319,360 243,741

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ENABLE HOLIDAYS LIMITED (REGISTERED NUMBER: 04834377)

Statement of Financial Position - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 16 February 2024 and were signed on its behalf by:





L M Kirby - Director


ENABLE HOLIDAYS LIMITED (REGISTERED NUMBER: 04834377)

Notes to the Financial Statements
for the year ended 31 OCTOBER 2023

1. STATUTORY INFORMATION

Enable 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes. Turnover is recognised on a departure date basis.

Other operating income

Included within other operating income are Covid-19 grants of £Nil (2022: £2,667).

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 cost
Fixtures and fittings - 33% on 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

ENABLE HOLIDAYS LIMITED (REGISTERED NUMBER: 04834377)

Notes to the Financial Statements - continued
for the year ended 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

Investments
Investments comprise of investments in equity instruments which are measured at cost. After initial recognition, investments are measured at cost less any accumulated impairment losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 November 2022 3,643 2,237 5,880
Additions 3,504 - 3,504
At 31 October 2023 7,147 2,237 9,384
DEPRECIATION
At 1 November 2022 3,643 2,237 5,880
Charge for year 876 - 876
At 31 October 2023 4,519 2,237 6,756
NET BOOK VALUE
At 31 October 2023 2,628 - 2,628
At 31 October 2022 - - -

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 November 2022
and 31 October 2023 600
NET BOOK VALUE
At 31 October 2023 600
At 31 October 2022 600

The above investment relates to a holding of 600 £1 redeemable shares held in an unconnected company, Elite Travel Group Limited.

ENABLE HOLIDAYS LIMITED (REGISTERED NUMBER: 04834377)

Notes to the Financial Statements - continued
for the year ended 31 OCTOBER 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
ABTA bond 8,500 30,000
VAT 6,553 7,723
Deferred tax asset 2,913 21,120
Other debtors and prepayments 79,897 77,898
97,863 136,741

The ABTA bond is a refundable cash bond.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Bank loans and overdrafts 9,583 9,583
Trade creditors - (177 )
PAYE 4,209 2,571
Deposits received in advance 157,860 157,173
Accrued expenses 7,379 10,403
179,031 179,553

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/23 31/10/22
£    £   
Bank loans 22,383 32,233

The above loan is guaranteed by the UK Government under BBLS (the BBLS Guarantee) . There are no capital or interest repayments for the first 19 months after the date of draw down after which the total amount payable must be repaid by way of 60 consecutive monthly repayments (consisting of capital and interest). Interest is charged at a rate of 2.5% on the outstanding principle amount.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/23 31/10/22
value: £    £   
96,000 Ordinary shares £1 96,000 96,000
145,000 6% Redeemable Preference £1 145,000 145,000
241,000 241,000

The 6% Redeemable Preference shares of £1 each will only be redeemed subject to CAA's approval, as agreed with the Directors. The directors has waived all dividends due in respect of the redeemable preference shares up to 31st October 2023.

ENABLE HOLIDAYS LIMITED (REGISTERED NUMBER: 04834377)

Notes to the Financial Statements - continued
for the year ended 31 OCTOBER 2023

10. RESERVES
Retained
earnings
£   

At 1 November 2022 2,741
Profit for the year 77,619
Dividends (2,000 )
At 31 October 2023 78,360