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REGISTERED NUMBER: 11143836 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 January 2024

for

S M Travel Yorkshire Ltd

S M Travel Yorkshire Ltd (Registered number: 11143836)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S M Travel Yorkshire Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Miss S Merhban





REGISTERED OFFICE: C/O Parkins Accountants
Clifford Lister Business Centre
Moor Park House, Wickersley
Rotherham
South Yorkshire
S66 2BL





REGISTERED NUMBER: 11143836 (England and Wales)





ACCOUNTANTS: Parkins Accountants Ltd
T/A, Parkins, Chartered Accountants
Moor Park House
Bawtry Rd
Wickersley
Rotherham
South Yorkshire
S66 2BL

S M Travel Yorkshire Ltd (Registered number: 11143836)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,219 87,176
Investment property 5 225,160 -
278,379 87,176

CURRENT ASSETS
Stocks 6 180,562 -
Debtors 7 695,620 861,699
Cash at bank and in hand 845,167 585,477
1,721,349 1,447,176
CREDITORS
Amounts falling due within one year 8 606,850 577,510
NET CURRENT ASSETS 1,114,499 869,666
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,392,878

956,842

CREDITORS
Amounts falling due after more than one
year

9

(19,967

)

(30,380

)

PROVISIONS FOR LIABILITIES 10 (16,283 ) (16,563 )
NET ASSETS 1,356,628 909,899

CAPITAL AND RESERVES
Called up share capital 11 1 1
Retained earnings 12 1,356,627 909,898
SHAREHOLDERS' FUNDS 1,356,628 909,899

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

S M Travel Yorkshire Ltd (Registered number: 11143836)

Balance Sheet - continued
31 January 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 director and authorised for issue on 17 October 2024 and were signed by:





Miss S Merhban - Director


S M Travel Yorkshire Ltd (Registered number: 11143836)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

S M Travel Yorkshire 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

S M Travel Yorkshire Ltd (Registered number: 11143836)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 30 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 2,232 137,172 18,144 157,548
Additions 770 - - 770
Disposals - (38,939 ) - (38,939 )
At 31 January 2024 3,002 98,233 18,144 119,379
DEPRECIATION
At 1 February 2023 1,242 53,293 15,837 70,372
Charge for year - 16,999 1,845 18,844
Eliminated on disposal - (23,056 ) - (23,056 )
At 31 January 2024 1,242 47,236 17,682 66,160
NET BOOK VALUE
At 31 January 2024 1,760 50,997 462 53,219
At 31 January 2023 990 83,879 2,307 87,176

S M Travel Yorkshire Ltd (Registered number: 11143836)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 February 2023
and 31 January 2024 54,329
DEPRECIATION
At 1 February 2023 3,396
Charge for year 12,733
At 31 January 2024 16,129
NET BOOK VALUE
At 31 January 2024 38,200
At 31 January 2023 50,933

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 225,160
At 31 January 2024 225,160
NET BOOK VALUE
At 31 January 2024 225,160

6. STOCKS
2024 2023
£    £   
Work-in-progress 180,562 -

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 280,620 421,699
Other debtors 415,000 440,000
695,620 861,699

S M Travel Yorkshire Ltd (Registered number: 11143836)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,412 10,412
Trade creditors 228,340 222,517
Tax 153,840 78,729
Social security and other taxes 1,284 2,287
VAT 198,090 219,443
Other creditors 12,429 18,929
Directors' current accounts 480 23,668
Accrued expenses 1,975 1,525
606,850 577,510

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 19,967 30,380

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 16,283 16,563

Deferred
tax
£   
Balance at 1 February 2023 16,563
Movement in year (280 )
Balance at 31 January 2024 16,283

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary A 1 1 1

12. RESERVES
Retained
earnings
£   

At 1 February 2023 909,898
Profit for the year 447,729
Dividends (1,000 )
At 31 January 2024 1,356,627