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REGISTERED NUMBER: 11278938 (England and Wales)












The Away Group Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2024






The Away Group Ltd (Registered number: 11278938)






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


The Away Group Ltd

Company Information
for the Year Ended 31 March 2024







Directors: A N Petit
Mrs J S Elliott





Registered office: Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ





Registered number: 11278938 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

The Away Group Ltd (Registered number: 11278938)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 599 -

Current assets
Debtors 5 7,485 2,734
Cash at bank 3,882 1,155
11,367 3,889
Creditors
Amounts falling due within one year 6 186,909 164,289
Net current liabilities (175,542 ) (160,400 )
Total assets less current liabilities (174,943 ) (160,400 )

Creditors
Amounts falling due after more than one
year

7

37,951

46,671
Net liabilities (212,894 ) (207,071 )

Capital and reserves
Called up share capital 10,000 10,000
Retained earnings (222,894 ) (217,071 )
Shareholders' funds (212,894 ) (207,071 )

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.

The Away Group Ltd (Registered number: 11278938)

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 2 December 2024 and were signed on its behalf by:





Mrs J S Elliott - Director


The Away Group Ltd (Registered number: 11278938)

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

1. Statutory information

The Away Group 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 and machinery etc - 33% on cost

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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


The Away Group Ltd (Registered number: 11278938)

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

2. Accounting policies - continued

Going concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future.

The validity of this assumption depends on the company being able to trade profitably in the future and the continued support of the directors. The directors have expressed their willingness to continue supporting the company for the foreseeable future and hence it is appropriate for the financial statements to be prepared on a going concern basis.

3. Employees and directors

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

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 April 2023 4,010
Additions 899
At 31 March 2024 4,909
Depreciation
At 1 April 2023 4,010
Charge for year 300
At 31 March 2024 4,310
Net book value
At 31 March 2024 599

5. Debtors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Trade debtors 7,485 2,734

6. Creditors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 6,661 2,802
Trade creditors - 1,560
Taxation and social security 4,575 8,767
Other creditors 175,673 151,160
186,909 164,289

The Away Group Ltd (Registered number: 11278938)

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

7. Creditors: amounts falling due after more than one year
31.3.24 31.3.23
£    £   
Bank loans 37,951 46,671