Blue Stamp Travel Limited 11732006 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is that of a travel agency Digita Accounts Production Advanced 6.30.9574.0 true true 11732006 2023-09-01 2024-08-31 11732006 2024-08-31 11732006 bus:OrdinaryShareClass1 2024-08-31 11732006 core:CurrentFinancialInstruments 2024-08-31 11732006 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 11732006 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 11732006 core:LandBuildings core:ShortLeaseholdAssets 2024-08-31 11732006 core:OfficeEquipment 2024-08-31 11732006 bus:SmallEntities 2023-09-01 2024-08-31 11732006 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 11732006 bus:FilletedAccounts 2023-09-01 2024-08-31 11732006 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11732006 bus:RegisteredOffice 2023-09-01 2024-08-31 11732006 bus:Director1 2023-09-01 2024-08-31 11732006 bus:Director2 2023-09-01 2024-08-31 11732006 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 11732006 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11732006 core:IntangibleAssetsOtherThanGoodwill 2023-09-01 2024-08-31 11732006 core:LandBuildings core:ShortLeaseholdAssets 2023-09-01 2024-08-31 11732006 core:LeaseholdImprovements 2023-09-01 2024-08-31 11732006 core:OfficeEquipment 2023-09-01 2024-08-31 11732006 countries:EnglandWales 2023-09-01 2024-08-31 11732006 2023-08-31 11732006 core:LandBuildings core:ShortLeaseholdAssets 2023-08-31 11732006 core:OfficeEquipment 2023-08-31 11732006 2022-09-01 2023-08-31 11732006 2023-08-31 11732006 bus:OrdinaryShareClass1 2023-08-31 11732006 core:CurrentFinancialInstruments 2023-08-31 11732006 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 11732006 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 11732006 core:LandBuildings core:ShortLeaseholdAssets 2023-08-31 11732006 core:OfficeEquipment 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11732006

Blue Stamp Travel Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 August 2024

 

Blue Stamp Travel Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 9

 

Blue Stamp Travel Limited

Company Information

Directors

Mr Steven James Manderson

Mrs Victoria Anne Manderson

Registered office

c/o Atkinson Evans Limited
The Old Drill Hall
10 Arnot Hill Road
Arnold
Nottingham
NG5 6LJ

Accountants

Atkinson Evans Limited
Chartered Certified Accountants
The Old Drill Hall
10 Arnot Hill Road
Arnold
Nottingham
Nottinghamshire
NG5 6LJ

 

Blue Stamp Travel Limited

(Registration number: 11732006)
Abridged Balance Sheet as at 31 August 2024

Note

2024
£

(As restated)

2023
£

Fixed assets

 

Intangible assets

4

38,412

53,856

Tangible assets

5

175,570

119,992

 

213,982

173,848

Current assets

 

Debtors

62,580

89,078

Cash at bank and in hand

 

79,635

26,915

 

142,215

115,993

Prepayments and accrued income

 

10,081

2,322

Creditors: Amounts falling due within one year

(28,298)

(38,921)

Net current assets

 

123,998

79,394

Total assets less current liabilities

 

337,980

253,242

Creditors: Amounts falling due after more than one year

(60,761)

(65,922)

Provisions for liabilities

(23,402)

(5,479)

Accruals and deferred income

 

(133,233)

(91,828)

Net assets

 

120,584

90,013

Capital and reserves

 

Called up share capital

6

30,000

30,000

Retained earnings

90,584

60,013

Shareholders' funds

 

120,584

90,013

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

 

Blue Stamp Travel Limited

(Registration number: 11732006)
Abridged Balance Sheet as at 31 August 2024

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 January 2025 and signed on its behalf by:
 

.........................................
Mr Steven James Manderson
Director

 

Blue Stamp Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
c/o Atkinson Evans Limited
The Old Drill Hall
10 Arnot Hill Road
Arnold
Nottingham
NG5 6LJ

These financial statements were authorised for issue by the Board on 28 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

 

Blue Stamp Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

Prior period errors

The financial statements have been restated as income had been incorrectly deferred at 31st August 2023

Relating to the current period disclosed in these financial statements
£

Relating to the prior period disclosed in these financial statements
£

Relating to periods before the prior period disclosed in these financial statements
£

Sales

-

13,920

-

Corporation tax

-

(3,082)

-

   

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Blue Stamp Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Leasehold improvements

25 Years straight line method

Office equipment

4 Years straight line method or 25% Reducing balance method

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Website and software development

5 Years straight line method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Blue Stamp Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2023 - 6).

 

Blue Stamp Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

4

Intangible assets

Total
£

Cost or valuation

At 1 September 2023

77,219

At 31 August 2024

77,219

Amortisation

At 1 September 2023

23,363

Amortisation charge

15,444

At 31 August 2024

38,807

Carrying amount

At 31 August 2024

38,412

At 31 August 2023

53,856

5

Tangible assets

Leasehold improvements
£

Office equipment
£

Total
£

Cost or valuation

At 1 September 2023

109,401

19,088

128,489

Additions

21,468

48,585

70,053

At 31 August 2024

130,869

67,673

198,542

Depreciation

At 1 September 2023

913

7,584

8,497

Charge for the year

4,849

9,626

14,475

At 31 August 2024

5,762

17,210

22,972

Carrying amount

At 31 August 2024

125,107

50,463

175,570

At 31 August 2023

108,488

11,504

119,992

 

Blue Stamp Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

30,000

30,000

30,000

30,000