WHITE STAR TRAVEL LIMITED

Company Registration Number:
09420304 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

WHITE STAR TRAVEL LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

WHITE STAR TRAVEL LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 344,870 451,990
Total fixed assets: 344,870 451,990
Current assets
Debtors:   126,717 124,269
Total current assets: 126,717 124,269
Creditors: amounts falling due within one year: 4 (154,657) (245,347)
Net current assets (liabilities): (27,940) (121,078)
Total assets less current liabilities: 316,930 330,912
Creditors: amounts falling due after more than one year: 5 (225,954) (284,958)
Provision for liabilities: (29,803) (10,015)
Total net assets (liabilities): 61,173 35,939
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 61,163 35,929
Shareholders funds: 61,173 35,939

The notes form part of these financial statements

WHITE STAR TRAVEL LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 March 2025
and signed on behalf of the board by:

Name: P Reekie
Status: Director

The notes form part of these financial statements

WHITE STAR TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover shown in the profit and loss account represents the value of all services delivered during the year, at selling price exclusive of discounts and value added tax. Sales are recognised at the point at which the company has fulfilled its contractual obligations to the customer.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows: Plant and machinery - 20% per annum reducing balance basis Motor vehicles - 20% per annum reducing balance basis

Other accounting policies

Taxation A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred taxation is recognised in respect of all timingdifferences that have originated but not reversed at the balance sheet date, where transactions or events that result in an obligation to pay more or a right to pay less tax in the future have occurred by the balance sheet date with certain limited exceptions. Deferred tax is calculated on an undiscounted basis at the tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date. Leased assets A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

WHITE STAR TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 10 15

WHITE STAR TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 583,245
Additions 159,031
Disposals (253,400)
At 31 March 2024 488,876
Depreciation
At 01 April 2023 131,255
Charge for year 61,387
On disposals (48,636)
At 31 March 2024 144,006
Net book value
At 31 March 2024 344,870
At 31 March 2023 451,990

WHITE STAR TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts £1650 (2023 - £4475) Obligations under finance lease and hire purchase contracts £78,442 (2023 - £115214) Trade creditors £36,785 (2023 - £5134) Taxation and social security costs £0 (2023 - £26907) Other creditors £37780 (2023 - £93617)

WHITE STAR TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due after more than one year note

Obligations under finance lease and hire purchase contracts £225954 (2023 - £284958)