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REGISTERED NUMBER: 04123898 (England and Wales)
















NOTSALLOW 134 LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






NOTSALLOW 134 LIMITED (REGISTERED NUMBER: 04123898)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


NOTSALLOW 134 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: P.L. Healey
Mrs Y. Leslie





REGISTERED OFFICE: 14 Hemmells
Laindon
Basildon
Essex
SS15 6ED





REGISTERED NUMBER: 04123898 (England and Wales)





INDEPENDENT AUDITORS: CR Bland Baker Limited
Chartered Accountants and
Statutory Auditor
21 Lodge Lane
Grays
Essex
RM17 5RY

NOTSALLOW 134 LIMITED (REGISTERED NUMBER: 04123898)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 5,437,445 5,437,431

CURRENT ASSETS
Debtors 5 234,166 67,500
Cash at bank - 6
234,166 67,506
CREDITORS
Amounts falling due within one year 6 858,783 676,609
NET CURRENT LIABILITIES (624,617 ) (609,103 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,812,828

4,828,328

CAPITAL AND RESERVES
Called up share capital 20,256 20,256
Share premium 4,752,830 4,752,830
Retained earnings 39,742 55,242
SHAREHOLDERS' FUNDS 4,812,828 4,828,328

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by:





P.L. Healey - Director


NOTSALLOW 134 LIMITED (REGISTERED NUMBER: 04123898)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Notsallow 134 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

NOTSALLOW 134 LIMITED (REGISTERED NUMBER: 04123898)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023 5,437,431
Additions 14
At 30 April 2024 5,437,445
NET BOOK VALUE
At 30 April 2024 5,437,445
At 30 April 2023 5,437,431


Name

Principal Activity
Class of
shares

Holding
Vertical Systems Limited Software development
for travel industry
Ordinary 100%
Yourholidaybooking.com Provision of travel
agency
Ordinary 100%
MI Telecom Limited Communications
provider
Ordinary 60%
Your Hotel Integration (Contracts) Limited Accomodation provider
to the travel trade
Ordinary 95%
Cityscheme Limited Provision of
information technology
services
Ordinary 100%
Vertical Travel Limited Provision of travel
agency
Ordinary 100%
Villas for Travel Limited Provision of villa
bookings
Ordinary 38%
Holiday Elite Limited Accomodation provider
to the travel trade
Ordinary 100%
T.A.R.S.C. Limited Dormant company Ordinary 100%
BookNGo Limited Dormant company Ordinary 100%
Instant Breaks Provision of travel
agency
Ordinary 100%
Luxury in the Med Limited Provision of travel
agency
Ordinary 100%

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 234,166 67,500

NOTSALLOW 134 LIMITED (REGISTERED NUMBER: 04123898)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3 -
Amounts owed to group undertakings 858,780 676,609
858,783 676,609

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Steven James Garrod FCA (Senior Statutory Auditor)
for and on behalf of CR Bland Baker Limited

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Transactions with companies not wholly owned by the group are as follows:

At the year end the Company was owed £67,500 (2023: £67,500) by MI Telecom Limited, a company not wholly owned by the group. During the year dividends totalling £120,000 (2023: £140,000) were received from MI Telecom Limited.

9. ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is P.L. Healey by virtue of his shareholdings in Vertical Group Limited which in turn owns all the shares in issue for this company.