1 May 2023 false No description of principal activity Taxfiler 2024.6 06428912business:PrivateLimitedCompanyLtd2023-05-012024-04-30 064289122023-04-30 064289122023-05-012024-04-30 06428912business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 06428912business:FilletedAccounts2023-05-012024-04-30 064289122024-04-30 06428912business:Director12023-05-012024-04-30 06428912business:Director22023-05-012024-04-30 06428912business:CompanySecretary12023-05-012024-04-30 06428912business:RegisteredOffice2023-05-012024-04-30 064289122023-04-30 06428912core:WithinOneYear2024-04-30 06428912core:WithinOneYear2023-04-30 06428912core:AfterOneYear2024-04-30 06428912core:AfterOneYear2023-04-30 06428912core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 06428912core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 06428912core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 06428912core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 06428912core:PreviouslyStatedAmount2024-04-30 06428912core:PreviouslyStatedAmount2023-04-30 06428912business:SmallEntities2023-05-012024-04-30 06428912countries:EnglandWales2023-05-012024-04-30 06428912core:PlantMachinery2023-05-012024-04-30 06428912core:MotorVehicles2023-05-012024-04-30 06428912core:FurnitureFittings2023-05-012024-04-30 06428912core:PlantMachinery2023-04-30 06428912core:MotorVehicles2023-04-30 06428912core:FurnitureFittings2023-04-30 06428912core:PlantMachinery2024-04-30 06428912core:MotorVehicles2024-04-30 06428912core:FurnitureFittings2024-04-30 06428912core:MotorVehiclescore:LeasedAssetsHeldAsLessee2024-04-30 06428912core:MotorVehiclescore:LeasedAssetsHeldAsLessee2023-04-30 06428912business:OrdinaryShareClass12023-05-012024-04-30 06428912business:OrdinaryShareClass12022-05-012023-04-30 06428912business:OrdinaryShareClass22023-05-012024-04-30 06428912business:OrdinaryShareClass22022-05-012023-04-30 06428912business:AllOrdinaryShares2023-05-012024-04-30 06428912business:AllOrdinaryShares2022-05-012023-04-30 064289122022-05-012023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06428912 (England and Wales)
Apple Travel Ltd Unaudited accounts for the year ended 30 April 2024
Apple Travel Ltd Unaudited accounts Contents
Page
- 2 -
Apple Travel Ltd Company Information for the year ended 30 April 2024
Directors
Joel Sweeney Samantha Sweeney
Secretary
Samantha Sweeney
Company Number
06428912 (England and Wales)
Registered Office
7 High Street Windsor Berkshire SL4 1LD England
Accountants
Blue Cube Accountants Limited 7 High Street Windsor SL4 1LD
- 3 -
Apple Travel Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,709,960 
1,362,253 
Current assets
Debtors
989,712 
858,885 
Cash at bank and in hand
362,242 
113,578 
1,351,954 
972,463 
Creditors: amounts falling due within one year
(759,794)
(445,935)
Net current assets
592,160 
526,528 
Total assets less current liabilities
2,302,120 
1,888,781 
Creditors: amounts falling due after more than one year
(511,315)
(165,601)
Provisions for liabilities
Deferred tax
(407,809)
(298,574)
Net assets
1,382,996 
1,424,606 
Capital and reserves
Called up share capital
110 
110 
Profit and loss account
1,382,886 
1,424,496 
Shareholders' funds
1,382,996 
1,424,606 
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by
Samantha Sweeney Director Company Registration No. 06428912
- 4 -
Apple Travel Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Apple Travel Ltd is a private company, limited by shares, registered in England and Wales, registration number 06428912. The registered office is 7 High Street, Windsor, Berkshire, SL4 1LD, England.
2
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% 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 taxation
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
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.
- 5 -
Apple Travel Ltd Notes to the Accounts for the year ended 30 April 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
3
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
12,069 
2,796,249 
17,915 
2,826,233 
Additions
8,117 
741,450 
4,332 
753,899 
Disposals
- 
(242,500)
- 
(242,500)
At 30 April 2024
20,186 
3,295,199 
22,247 
3,337,632 
Depreciation
At 1 May 2023
2,838 
1,451,475 
9,667 
1,463,980 
Charge for the year
2,291 
381,555 
1,698 
385,544 
On disposals
- 
(221,852)
- 
(221,852)
At 30 April 2024
5,129 
1,611,178 
11,365 
1,627,672 
Net book value
At 30 April 2024
15,057 
1,684,021 
10,882 
1,709,960 
At 30 April 2023
9,231 
1,344,774 
8,248 
1,362,253 
3 vehicles which are now owned were impaired to £150,000 for each vehicle in 2022. Depreciation on these vehicles is £20,000 per year per vehicle until a net book value of £90,000 in 2025.
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
776,196 
572,859 
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
16,467 
18,399 
Trade debtors
234,255 
119,615 
Amounts due from group undertakings etc.
714,973 
704,537 
Accrued income and prepayments
23,982 
16,324 
Other debtors
35 
10 
989,712 
858,885 
- 6 -
Apple Travel Ltd Notes to the Accounts for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Obligations under finance leases and hire purchase contracts
145,420 
77,513 
Trade creditors
83,568 
88,651 
Taxes and social security
89,810 
97,555 
Other creditors
91,288 
144,338 
Loans from directors
8,698 
24,378 
Accruals
331,010 
3,500 
759,794 
445,935 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,500 
22,500 
Obligations under finance leases and hire purchase contracts
498,815 
143,101 
511,315 
165,601 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10 B shares of £1 each
10 
10 
110 
110 
8
Loans to directors
The advances to the directors were £757,592 (2023 £287,743) for the year, all advances were repaid during the year.
9
Transactions with related parties
Within debtors is £714,973 (2023 - £704,537) owed to Apple Group Limited which is a company owned and controlled by the directors and is the parent company. Rent of £105,000 (2023 - £105,000) was paid to Apple Group Limited during the year.
10
Controlling party
The parent undertaking is Apple Group Limited, whose registered office address is 7 High Street, Windsor, Berkshire, United Kingdom, SL4 1LD.
11
Average number of employees
During the year the average number of employees was 19 (2023: 16).
- 7 -