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RED KITE TRAVEL LTD

Registered Number
13378471
(England and Wales)

Unaudited Financial Statements for the Period ended
30 June 2024

RED KITE TRAVEL LTD
Company Information
for the period from 1 June 2023 to 30 June 2024

Directors

BLUNT, Ailsa Victoria Olivia Logan
BLUNT, Frederick

Registered Address

Arquen House 4-6 Spicer Street
St. Albans
AL3 4PQ

Registered Number

13378471 (England and Wales)
RED KITE TRAVEL LTD
Balance Sheet as at
30 June 2024

Notes

30 Jun 2024

31 May 2023

£

£

£

£

Fixed assets
Tangible assets35,2243,400
5,2243,400
Current assets
Debtors4142,57766,729
Cash at bank and on hand107,93025,264
250,50791,993
Creditors amounts falling due within one year5(254,510)(95,311)
Net current assets (liabilities)(4,003)(3,318)
Total assets less current liabilities1,22182
Net assets1,22182
Capital and reserves
Called up share capital100100
Profit and loss account1,121(18)
Shareholders' funds1,22182
The financial statements were approved and authorised for issue by the Board of Directors on 21 March 2025, and are signed on its behalf by:
BLUNT, Frederick
Director
Registered Company No. 13378471
RED KITE TRAVEL LTD
Notes to the Financial Statements
for the period ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Defined contribution pension plan
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment3
2.Average number of employees

20242023
Average number of employees during the year32
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 June 234,2444,244
Additions3,8623,862
At 30 June 248,1068,106
Depreciation and impairment
At 01 June 23844844
Charge for year2,0382,038
At 30 June 242,8822,882
Net book value
At 30 June 245,2245,224
At 31 May 233,4003,400
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables25,89128,651
Other debtors60,29837,835
Prepayments and accrued income56,388243
Total142,57766,729
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables186,41177,399
Taxation and social security45,53316,637
Other creditors18,0651,275
Accrued liabilities and deferred income4,501-
Total254,51095,311
6.Operating lease commitments
At 30 June 2024, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £15,698 (2023: £0)
7.Related party transactions
As at 30 June 2024, the outstanding balances on loans made to the directors by the company were as follows: Loan amount Director £20,824.50 BLUNT, Ailsa Victoria Olivia Logan £25,727.04 BLUNT, Frederick Interest at the rate of 2.25% per annum is payable on the loans.