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REGISTERED NUMBER: 07983443 (England and Wales)















REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

HOLIDAY DROP OFF LTD

HOLIDAY DROP OFF LTD (Registered number: 07983443)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


HOLIDAY DROP OFF LTD

COMPANY INFORMATION
for the Year Ended 31 MARCH 2024







DIRECTORS: N N Buckland
Mrs S Jones





SECRETARIES: N N Buckland
Mrs S Jones





REGISTERED OFFICE: 61, Eglinton Drive,
Springfield
Chelmsford
Essex
CM2 6YL





REGISTERED NUMBER: 07983443 (England and Wales)





ACCOUNTANTS: Bennett & Co
The Annexe
Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR

HOLIDAY DROP OFF LTD (Registered number: 07983443)

REPORT OF THE DIRECTORS
for the Year Ended 31 MARCH 2024

The directors present their report with the financial statements of the company for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of an Educational Sports Camp.

DIVIDENDS
An interim dividend of £200 per share was paid on 15 March 2024. The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 31 March 2024 will be £ 60,000 .

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

N N Buckland
Mrs S Jones

ON BEHALF OF THE BOARD:





N N Buckland - Director


4 September 2024

HOLIDAY DROP OFF LTD (Registered number: 07983443)

INCOME STATEMENT
for the Year Ended 31 MARCH 2024

31.3.24 31.3.23
Notes £    £   

TURNOVER 575,819 570,666

Cost of sales 238,973 255,100
GROSS PROFIT 336,846 315,566

Administrative expenses 155,709 137,399
OPERATING PROFIT 4 181,137 178,167


Interest payable and similar expenses 6,519 6,519
PROFIT BEFORE TAXATION 174,618 171,648

Tax on profit 5 42,033 32,584
PROFIT FOR THE FINANCIAL YEAR 132,585 139,064

HOLIDAY DROP OFF LTD (Registered number: 07983443)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 52,000 50,000

CURRENT ASSETS
Debtors 8 9,900 12,000
Cash at bank and in hand 299,539 228,006
309,439 240,006
CREDITORS
Amounts falling due within one year 9 108,783 99,860
NET CURRENT ASSETS 200,656 140,146
TOTAL ASSETS LESS CURRENT
LIABILITIES

252,656

190,146

CREDITORS
Amounts falling due after more than one
year

10

29,012

39,087
NET ASSETS 223,644 151,059

CAPITAL AND RESERVES
Called up share capital 11 300 300
Retained earnings 12 223,344 150,759
SHAREHOLDERS' FUNDS 223,644 151,059

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.

HOLIDAY DROP OFF LTD (Registered number: 07983443)

BALANCE SHEET - continued
31 MARCH 2024


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

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2024 and were signed on its behalf by:





N N Buckland - Director


HOLIDAY DROP OFF LTD (Registered number: 07983443)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024

1. STATUTORY INFORMATION

HOLIDAY DROP OFF LTD 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.

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 & Equipment - 20% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS
31.3.24 31.3.23
£    £   
Wages and salaries 81,900 60,000

The average number of employees during the year was as follows:
31.3.24 31.3.23

Administrators 4 3

HOLIDAY DROP OFF LTD (Registered number: 07983443)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

3. EMPLOYEES AND DIRECTORS - continued

31.3.24 31.3.23
£    £   
Directors' remuneration 51,000 51,000

4. OPERATING PROFIT

The operating profit is stated after charging:

31.3.24 31.3.23
£    £   
Depreciation - owned assets 10,849 13,501

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
31.3.24 31.3.23
£    £   
Current tax:
UK corporation tax 42,000 32,600
Adjustment in respect
of previous year 33 (16 )

Tax on profit 42,033 32,584

UK corporation tax has been charged at 23% .

6. DIVIDENDS
31.3.24 31.3.23
£    £   
Ordinary shares of £1 each
Interim 60,000 60,000

HOLIDAY DROP OFF LTD (Registered number: 07983443)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

7. TANGIBLE FIXED ASSETS
Plant &
Equipment
£   
COST
At 1 April 2023 115,954
Additions 12,849
At 31 March 2024 128,803
DEPRECIATION
At 1 April 2023 65,954
Charge for year 10,849
At 31 March 2024 76,803
NET BOOK VALUE
At 31 March 2024 52,000
At 31 March 2023 50,000

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Prepayments 9,900 12,000

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Corporation Tax 42,000 32,600
PAYE & Social Security 313 970
Directors Loan Account 62,690 62,690
Accrued Expenses 3,780 3,600
108,783 99,860

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 29,012 39,087

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
300 Ordinary £1 300 300

HOLIDAY DROP OFF LTD (Registered number: 07983443)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

12. RESERVES
Retained
earnings
£   

At 1 April 2023 150,759
Profit for the year 132,585
Dividends (60,000 )
At 31 March 2024 223,344