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REGISTERED NUMBER: 03067796 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ROBERTS TOURS LIMITED

ROBERTS TOURS LIMITED (REGISTERED NUMBER: 03067796)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROBERTS TOURS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: J W Hunt
J Sabido





REGISTERED OFFICE: The Limes
Midland Road
Hugglescote
Leicester
Leicestershire
LE67 2FX





REGISTERED NUMBER: 03067796 (England and Wales)





ACCOUNTANTS: TC Group
31 High View Close
Hamilton Office Park
Leicester
Leicestershire
LE4 9LJ

ROBERTS TOURS LIMITED (REGISTERED NUMBER: 03067796)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,810,985 3,212,780
Investments 5 250,000 250,000
5,060,985 3,462,780

CURRENT ASSETS
Debtors 6 82,417 418

CREDITORS
Amounts falling due within one year 7 2,097,059 1,214,219
NET CURRENT LIABILITIES (2,014,642 ) (1,213,801 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,046,343 2,248,979

CREDITORS
Amounts falling due after more than one
year

8

(290,765

)

(162,750

)

PROVISIONS FOR LIABILITIES (657,890 ) (216,351 )
NET ASSETS 2,097,688 1,869,878

CAPITAL AND RESERVES
Called up share capital 75 75
Capital redemption reserve 25 25
Retained earnings 2,097,588 1,869,778
2,097,688 1,869,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

ROBERTS TOURS LIMITED (REGISTERED NUMBER: 03067796)

BALANCE SHEET - continued
31 MARCH 2024


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 28 August 2024 and were signed on its behalf by:





J W Hunt - Director


ROBERTS TOURS LIMITED (REGISTERED NUMBER: 03067796)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Roberts Tours 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.

Investment property
Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary fr any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Operating leases: the company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance and 20% on cost
Computer equipment - 25% on cost

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.

Taxation
The tax expenses for the year comprises current and deferred tax. Tax is recognised in profit or lossexcept that a charge attributable to an item of income and expenses recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


ROBERTS TOURS LIMITED (REGISTERED NUMBER: 03067796)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currency translation
Functional and presentation currency

The Company's functional and presentational currency is British Pound Sterling (£).

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Other operating income
The Company receives management fees and rental income from fellow group companies. All income is recognised on an accruals basis, in the period to which it relates.

Interest income
Interest income is recognised in profit or loss using the effective interest method.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

ROBERTS TOURS LIMITED (REGISTERED NUMBER: 03067796)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 1,884,850 235,600 44,400
Additions - - -
Disposals - - -
At 31 March 2024 1,884,850 235,600 44,400
DEPRECIATION
At 1 April 2023 244,107 207,947 44,292
Charge for year 22,114 6,913 108
Eliminated on disposal - - -
At 31 March 2024 266,221 214,860 44,400
NET BOOK VALUE
At 31 March 2024 1,618,629 20,740 -
At 31 March 2023 1,640,743 27,653 108

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 5,506,701 63,301 7,734,852
Additions 2,245,392 - 2,245,392
Disposals (950,613 ) - (950,613 )
At 31 March 2024 6,801,480 63,301 9,029,631
DEPRECIATION
At 1 April 2023 3,962,425 63,301 4,522,072
Charge for year 605,061 - 634,196
Eliminated on disposal (937,622 ) - (937,622 )
At 31 March 2024 3,629,864 63,301 4,218,646
NET BOOK VALUE
At 31 March 2024 3,171,616 - 4,810,985
At 31 March 2023 1,544,276 - 3,212,780

ROBERTS TOURS LIMITED (REGISTERED NUMBER: 03067796)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 250,000
NET BOOK VALUE
At 31 March 2024 250,000
At 31 March 2023 250,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 82,417 418

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 102,731 55,800
Amounts owed to group undertakings 901,095 1,074,370
Other creditors 1,093,233 84,049
2,097,059 1,214,219

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 290,765 162,750

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 393,496 218,550

Obligations under finance lease and hire purchase contracts amounting to £393,496 (2023 £218,550) are secured against the assets to which they relate.

Bank loans are secured by the Company.

10. PARENT UNDERTAKING

The Company's immediate and ultimate parent undertaking is Roberts Travel Group Limited. The registered office and principle place of business for which is The Limes, Midland Road, Hugglescote, Leicestershire LE67 2FX.