Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-04-01falseTour operator activities33truefalse 09146436 2023-04-01 2024-03-31 09146436 2022-04-01 2023-03-31 09146436 2024-03-31 09146436 2023-03-31 09146436 c:Director1 2023-04-01 2024-03-31 09146436 d:FurnitureFittings 2023-04-01 2024-03-31 09146436 d:FurnitureFittings 2024-03-31 09146436 d:FurnitureFittings 2023-03-31 09146436 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09146436 d:OfficeEquipment 2023-04-01 2024-03-31 09146436 d:OfficeEquipment 2024-03-31 09146436 d:OfficeEquipment 2023-03-31 09146436 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09146436 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09146436 d:ComputerSoftware 2024-03-31 09146436 d:ComputerSoftware 2023-03-31 09146436 d:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 09146436 d:CurrentFinancialInstruments 2024-03-31 09146436 d:CurrentFinancialInstruments 2023-03-31 09146436 d:Non-currentFinancialInstruments 2024-03-31 09146436 d:Non-currentFinancialInstruments 2023-03-31 09146436 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09146436 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09146436 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 09146436 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 09146436 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 09146436 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 09146436 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 09146436 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 09146436 d:ShareCapital 2024-03-31 09146436 d:ShareCapital 2023-03-31 09146436 d:SharePremium 2024-03-31 09146436 d:SharePremium 2023-03-31 09146436 d:RetainedEarningsAccumulatedLosses 2024-03-31 09146436 d:RetainedEarningsAccumulatedLosses 2023-03-31 09146436 c:FRS102 2023-04-01 2024-03-31 09146436 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09146436 c:FullAccounts 2023-04-01 2024-03-31 09146436 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09146436 d:ComputerSoftware d:OwnedIntangibleAssets 2023-04-01 2024-03-31 09146436 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number:  09146436














PRIVATE TRAVELLER LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


 
PRIVATE TRAVELLER LIMITED
REGISTERED NUMBER: 09146436

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
7,500
16,050

Tangible assets
 5 
-
633

  
7,500
16,683

Current assets
  

Debtors: amounts falling due within one year
 6 
957
4,010

Cash at bank and in hand
 7 
32,974
48,335

  
33,931
52,345

Creditors: amounts falling due within one year
 8 
(13,457)
(36,109)

Net current assets
  
 
 
20,474
 
 
16,236

Total assets less current liabilities
  
27,974
32,919

Creditors: amounts falling due after more than one year
 9 
(17,364)
(27,440)

  

Net assets
  
10,610
5,479

Page 1

 
PRIVATE TRAVELLER LIMITED
REGISTERED NUMBER: 09146436
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
  
17
17

Share premium account
  
50,149
50,149

Profit and loss account
  
(39,556)
(44,687)

  
10,610
5,479


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 July 2024.




P G Williams
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
PRIVATE TRAVELLER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England and Wales (No. 09146436). The registered office is Regus House, Herons Way, Chester Business Park, Chester CH4 9QR
These financial statements present information about the company as an individual undertaking; it is not a member of a group of companies. The principal activity of the company is that of a travel agency.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
PRIVATE TRAVELLER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 Amortisation is provided on the following bases:

Computer software
-
20%
per annum

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures & fittings
-
20%
per annum
Office equipment
-
20%
per annum

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
PRIVATE TRAVELLER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

2024
2023
£
£

Wages and salaries
101,500
103,000

Social security costs
(102)
214

Cost of defined contribution scheme
540
367

101,938
103,581


The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 5

 
PRIVATE TRAVELLER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Intangible assets




Computer software

£



Cost


At 1 April 2023
68,721



At 31 March 2024

68,721



Amortisation


At 1 April 2023
52,671


Charge for the year on owned assets
8,550



At 31 March 2024

61,221



Net book value



At 31 March 2024
7,500



At 31 March 2023
16,050



Page 6

 
PRIVATE TRAVELLER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Fixtures & fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
500
5,000
5,500



At 31 March 2024

500
5,000
5,500



Depreciation


At 1 April 2023
500
4,367
4,867


Charge for the year on owned assets
-
633
633



At 31 March 2024

500
5,000
5,500



Net book value



At 31 March 2024
-
-
-



At 31 March 2023
-
633
633


6.


Debtors

2024
2023
£
£


Other debtors
957
1,572

Prepayments and accrued income
-
2,438

957
4,010



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
32,974
48,335

32,974
48,335


Page 7

 
PRIVATE TRAVELLER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,077
9,826

Trade creditors
-
222

Other taxation and social security
-
73

Other creditors
231
388

Accruals and deferred income
3,149
25,600

13,457
36,109



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
17,364
27,440

17,364
27,440


Page 8

 
PRIVATE TRAVELLER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,077
9,826


10,077
9,826

Amounts falling due 1-2 years

Bank loans
10,332
10,077


10,332
10,077

Amounts falling due 2-5 years

Bank loans
7,033
17,363


7,033
17,363


27,442
37,266



11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £540 (2023 - £367) . Contributions totalling £120 (2023 - £120) were payable to the fund at the balance sheet date and are included in creditors.


12.


Controlling party

The company is controlled by P G Williams, director and shareholder.

 
Page 9