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REGISTERED NUMBER: 04262892 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

TRAVEL TRADE PRODUCTS LTD

TRAVEL TRADE PRODUCTS LTD (REGISTERED NUMBER: 04262892)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRAVEL TRADE PRODUCTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: A J Sanders
A J Sanders





SECRETARY: A J Sanders





REGISTERED OFFICE: Cherrytree Farm
Blackmore End Road
Sible Hedingham
Essex
CO9 3LZ





REGISTERED NUMBER: 04262892 (England and Wales)





ACCOUNTANTS: Tayler Bradshaw
Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX

TRAVEL TRADE PRODUCTS LTD (REGISTERED NUMBER: 04262892)

BALANCE SHEET
31 AUGUST 2024

31/8/24 31/8/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 40,610 47,337
40,610 47,337

CURRENT ASSETS
Stocks 36,270 41,947
Debtors 6 59,798 38,873
Cash at bank 27,201 17,888
123,269 98,708
CREDITORS
Amounts falling due within one year 7 116,030 92,518
NET CURRENT ASSETS 7,239 6,190
TOTAL ASSETS LESS CURRENT LIABILITIES 47,849 53,527

CREDITORS
Amounts falling due after more than one
year

8

(37,885

)

(56,547

)

PROVISIONS FOR LIABILITIES (10,153 ) (8,994 )
NET LIABILITIES (189 ) (12,014 )

CAPITAL AND RESERVES
Called up share capital 7,500 7,500
Retained earnings (7,689 ) (19,514 )
SHAREHOLDERS' FUNDS (189 ) (12,014 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

TRAVEL TRADE PRODUCTS LTD (REGISTERED NUMBER: 04262892)

BALANCE SHEET - continued
31 AUGUST 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 8 April 2025 and were signed on its behalf by:




A J Sanders - Director



A J Sanders - Director


TRAVEL TRADE PRODUCTS LTD (REGISTERED NUMBER: 04262892)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Travel Trade Products Ltd 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.

Goodwill
Goodwill acquired in 2001 has been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

TRAVEL TRADE PRODUCTS LTD (REGISTERED NUMBER: 04262892)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued

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 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 220,000
AMORTISATION
At 1 September 2023
and 31 August 2024 220,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 78,298
Additions 3,788
Disposals (499 )
At 31 August 2024 81,587
DEPRECIATION
At 1 September 2023 30,961
Charge for year 10,406
Eliminated on disposal (390 )
At 31 August 2024 40,977
NET BOOK VALUE
At 31 August 2024 40,610
At 31 August 2023 47,337

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 50,221 25,194
Other debtors 9,577 13,679
59,798 38,873

TRAVEL TRADE PRODUCTS LTD (REGISTERED NUMBER: 04262892)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Bank loans and overdrafts 1,159 837
Hire purchase contracts 8,202 7,882
Trade creditors 65,175 24,008
Taxation and social security 18,098 4,818
Other creditors 23,396 54,973
116,030 92,518

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/8/24 31/8/23
£    £   
Bank loans 233 250
Hire purchase contracts 21,622 30,144
Other creditors 16,030 26,153
37,885 56,547