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REGISTERED NUMBER: 04445407 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Alba Travel Limited

Alba Travel Limited (Registered number: 04445407)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Alba Travel Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr N A Holmes
Mrs B A Holmes





SECRETARY: Mrs B A Holmes





REGISTERED OFFICE: The Garage
Great Salkeld
Penrith
Cumbria
CA11 9LN





REGISTERED NUMBER: 04445407 (England and Wales)





ACCOUNTANTS: Marrs Accountancy
Chartered Accountants
Warwick Mill Business Centre
Warwick Bridge
Carlisle
Cumbria
CA4 8RR

Alba Travel Limited (Registered number: 04445407)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,494,486 1,164,156

CURRENT ASSETS
Debtors 5 375,045 111,626
Cash at bank and in hand 365,802 597,502
740,847 709,128
CREDITORS
Amounts falling due within one year 6 461,091 426,664
NET CURRENT ASSETS 279,756 282,464
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,774,242

1,446,620

CREDITORS
Amounts falling due after more than one
year

7

(646,399

)

(545,692

)

PROVISIONS FOR LIABILITIES 9 (276,712 ) (221,189 )
NET ASSETS 851,131 679,739

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 851,031 679,639
851,131 679,739

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Alba Travel Limited (Registered number: 04445407)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:




Mrs B A Holmes - Director



Mr N A Holmes - Director


Alba Travel Limited (Registered number: 04445407)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Alba Travel 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.

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 etc - 25% on reducing balance and 12% on 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 16 ) .

Alba Travel Limited (Registered number: 04445407)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 1,803,433
Additions 683,719
Disposals (295,410 )
At 31 December 2024 2,191,742
DEPRECIATION
At 1 January 2024 639,277
Charge for year 204,449
Eliminated on disposal (146,470 )
At 31 December 2024 697,256
NET BOOK VALUE
At 31 December 2024 1,494,486
At 31 December 2023 1,164,156

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 156,564 88,492
Other debtors 218,481 23,134
375,045 111,626

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 6,145 5,687
Hire purchase contracts 201,293 196,121
Trade creditors 16,973 13,392
Taxation and social security 13,977 66,236
Other creditors 222,703 145,228
461,091 426,664

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 6,657 13,063
Hire purchase contracts 639,742 532,629
646,399 545,692

Alba Travel Limited (Registered number: 04445407)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Hire purchase contracts 841,035 728,750

Finance lease liabilities are secured on the assets to which they relate.

9. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax
Accelerated capital allowances 276,712 221,189

Deferred
tax
£   
Balance at 1 January 2024 221,189
Charge to Income Statement during year 55,523
Balance at 31 December 2024 276,712

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company made advances to a director amounting to £194,397 (2023 - £Nil) and the company received repayments of £Nil (2023 - £Nil).

At the reporting date £194,397 (2023 - £Nil) was owed to the company by a director. The loan was unsecured and repayable on demand. Interest was charged at 2.25%.

Alba Travel Limited

Report of the Accountants to the Directors of
Alba Travel Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Marrs Accountancy
Chartered Accountants
Warwick Mill Business Centre
Warwick Bridge
Carlisle
Cumbria
CA4 8RR


26 February 2025