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REGISTERED NUMBER: 02828408 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

WITNEY TRAVEL LIMITED

WITNEY TRAVEL LIMITED (REGISTERED NUMBER: 02828408)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WITNEY TRAVEL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: J R Perriss
E Perriss
J Perriss



SECRETARY: E Perriss



REGISTERED OFFICE: The Paddocks
High Street
Hook Norton
Oxfordshire
OX15 5NH



REGISTERED NUMBER: 02828408 (England and Wales)



ACCOUNTANTS: William Evans & Partners
20 Harcourt Street
London
W1H 4HG



BANKERS: Lloyds TSB
Dominions House
Eton Place
64 High Street
Burnham
Buckinghamshire
SL1 7JT

WITNEY TRAVEL LIMITED (REGISTERED NUMBER: 02828408)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 28,943 28,943
Tangible assets 5 7,062 14,124
Investments 6 4,750 4,750
40,755 47,817

CURRENT ASSETS
Debtors 7 76,551 57,817
Cash at bank 105,349 128,267
181,900 186,084
CREDITORS
Amounts falling due within one year 8 (2,252 ) (2,252 )
NET CURRENT ASSETS 179,648 183,832
TOTAL ASSETS LESS CURRENT
LIABILITIES

220,403

231,649

CAPITAL AND RESERVES
Called up share capital 84,000 84,000
Capital redemption reserve 42,000 42,000
Other reserves 188 188
Retained earnings 94,215 105,461
SHAREHOLDERS' FUNDS 220,403 231,649

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

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

WITNEY TRAVEL LIMITED (REGISTERED NUMBER: 02828408)

BALANCE SHEET - continued
30 NOVEMBER 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 14 May 2024 and were signed on its behalf by:





J R Perriss - Director


WITNEY TRAVEL LIMITED (REGISTERED NUMBER: 02828408)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Witney Travel 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.

The accounts have been prepared under the historical cost convention.


Turnover
Turnover represents the value of commissions earned in the year on travel sold.

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.

Development costs have been fully amortised in the current year.

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.

Depreciation of fixed assets
Depreciation has been provided on a reducing balance basis on Plant & Machinery to write off the excess of cost over the estimated residual value of the assets over their expected useful lives at annual rates of 25%. Freehold property in use for the company's activities is being written off on a straight line basis over the expected useful life of 50 years. The greater part of the company's freehold property is held as investment property and is not therefore depreciable.

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 the transaction. Exchange differences are taken into account in arriving at the operating profit.


WITNEY TRAVEL LIMITED (REGISTERED NUMBER: 02828408)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been prepared on the basis that the company will continue to trade as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2022
AMORTISATION
At 1 December 2022
and 30 November 2023 (28,943 )
NET BOOK VALUE
At 30 November 2023 28,943
At 30 November 2022 28,943

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 177,671
DEPRECIATION
At 1 December 2022 163,547
Charge for year 7,062
At 30 November 2023 170,609
NET BOOK VALUE
At 30 November 2023 7,062
At 30 November 2022 14,124

WITNEY TRAVEL LIMITED (REGISTERED NUMBER: 02828408)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2022
and 30 November 2023 4,750
NET BOOK VALUE
At 30 November 2023 4,750
At 30 November 2022 4,750

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 76,551 57,817

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 2,252 2,252