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REGISTERED NUMBER: 09414005 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

EDUCATION TRAVEL & LEISURE LIMITED

EDUCATION TRAVEL & LEISURE LIMITED (REGISTERED NUMBER: 09414005)

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


EDUCATION TRAVEL & LEISURE LIMITED

Company Information
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr Erhan Sengur





REGISTERED OFFICE: 36-43
Kirby Street
London
EC1N 8TE





REGISTERED NUMBER: 09414005 (England and Wales)





ACCOUNTANTS: ADPL LLP
293 Green Lanes
London
N13 4XS

EDUCATION TRAVEL & LEISURE LIMITED (REGISTERED NUMBER: 09414005)

Balance Sheet
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,878,354 1,298,831
Investment property 5 965,000 440,000
4,843,354 1,738,831

CURRENT ASSETS
Debtors 6 3,620,648 1,282,289
Cash at bank and in hand 4,934,972 6,368,448
8,555,620 7,650,737
CREDITORS
Amounts falling due within one year 7 11,796,606 8,365,260
NET CURRENT LIABILITIES (3,240,986 ) (714,523 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,602,368

1,024,308

CREDITORS
Amounts falling due after more than one
year

8

(246,197

)

-

PROVISIONS FOR LIABILITIES 9 (2,039 ) (2,246 )
NET ASSETS 1,354,132 1,022,062

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 1,354,032 1,021,962
SHAREHOLDERS' FUNDS 1,354,132 1,022,062

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 his 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.

EDUCATION TRAVEL & LEISURE LIMITED (REGISTERED NUMBER: 09414005)

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 January 2025 and were signed by:





Mr Erhan Sengur - Director


EDUCATION TRAVEL & LEISURE LIMITED (REGISTERED NUMBER: 09414005)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Education Travel & Leisure 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.

In carrying out this assessment, the directors have considered the impact of the Covid-19 pandemic on the trade and finances of the company and wider group and they have taken steps to protect liquidity.
The directors are therefore satisfied that there is no significant risk to the ability of the company to continue as a going concern for at least 12 months from the date of approval of these financial statements.

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 - 25% on reducing balance

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

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.

EDUCATION TRAVEL & LEISURE LIMITED (REGISTERED NUMBER: 09414005)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Short Long Plant and
leasehold leasehold machinery Totals
£    £    £    £   
COST
At 1 February 2023 55,303 1,253,829 19,527 1,328,659
Additions - 2,591,675 2,486 2,594,161
At 31 January 2024 55,303 3,845,504 22,013 3,922,820
DEPRECIATION
At 1 February 2023 22,121 - 7,707 29,828
Charge for year 11,061 - 3,577 14,638
At 31 January 2024 33,182 - 11,284 44,466
NET BOOK VALUE
At 31 January 2024 22,121 3,845,504 10,729 3,878,354
At 31 January 2023 33,182 1,253,829 11,820 1,298,831

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 440,000
Additions 525,000
At 31 January 2024 965,000
NET BOOK VALUE
At 31 January 2024 965,000
At 31 January 2023 440,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 2,092,020 685,499
Other debtors 158,000 -
Rent deposit 500,000 500,000
TDS - Deposit Scheme 328,236 41,363
S455 Charge 132,404 -
Directors' current accounts 392,308 50,592
VAT 17,680 4,835
3,620,648 1,282,289

EDUCATION TRAVEL & LEISURE LIMITED (REGISTERED NUMBER: 09414005)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 9 -
Trade creditors 249,431 766,912
Tax 281,673 208,976
Social security and other taxes 8,796 7,668
Pensions 1,326 1,109
Credit card a/c 16,358 9,580
Net wages - 800
Other creditors - 8,914
Accruals and deferred income 11,239,013 7,361,301
11,796,606 8,365,260

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Deposit control a/c 246,197 -

9. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 2,039 2,246

Deferred
tax
£   
Balance at 1 February 2023 2,246
Credit to Profit & Loss Account during year (207 )
Balance at 31 January 2024 2,039

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100