IRIS Accounts Production v25.1.0.734 06861532 director 1.8.23 31.7.24 31.7.24 true false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068615322023-07-31068615322024-07-31068615322023-08-012024-07-31068615322022-07-31068615322022-08-012023-07-31068615322023-07-3106861532ns15:EnglandWales2023-08-012024-07-3106861532ns14:PoundSterling2023-08-012024-07-3106861532ns10:Director12023-08-012024-07-3106861532ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3106861532ns10:SmallEntities2023-08-012024-07-3106861532ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3106861532ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3106861532ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3106861532ns10:FullAccounts2023-08-012024-07-310686153212023-08-012024-07-3106861532ns10:RegisteredOffice2023-08-012024-07-3106861532ns5:CurrentFinancialInstruments2024-07-3106861532ns5:CurrentFinancialInstruments2023-07-3106861532ns5:Non-currentFinancialInstruments2024-07-3106861532ns5:Non-currentFinancialInstruments2023-07-3106861532ns5:ShareCapital2024-07-3106861532ns5:ShareCapital2023-07-3106861532ns5:RetainedEarningsAccumulatedLosses2024-07-3106861532ns5:RetainedEarningsAccumulatedLosses2023-07-3106861532ns5:NetGoodwill2023-08-012024-07-3106861532ns5:PlantMachinery2023-08-012024-07-3106861532ns5:MotorVehicles2023-08-012024-07-3106861532ns5:ComputerEquipment2023-08-012024-07-3106861532ns5:NetGoodwill2023-07-3106861532ns5:NetGoodwill2024-07-3106861532ns5:NetGoodwill2023-07-3106861532ns5:PlantMachinery2023-07-3106861532ns5:MotorVehicles2023-07-3106861532ns5:ComputerEquipment2023-07-3106861532ns5:PlantMachinery2024-07-3106861532ns5:MotorVehicles2024-07-3106861532ns5:ComputerEquipment2024-07-3106861532ns5:PlantMachinery2023-07-3106861532ns5:MotorVehicles2023-07-3106861532ns5:ComputerEquipment2023-07-3106861532ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-07-3106861532ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-08-012024-07-3106861532ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-07-3106861532ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-07-3106861532ns5:CostValuation2023-07-3106861532ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-07-3106861532ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-31
REGISTERED NUMBER: 06861532 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

WELHAM TRAVEL LIMITED

WELHAM TRAVEL LIMITED (REGISTERED NUMBER: 06861532)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WELHAM TRAVEL LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTOR: D Collins





REGISTERED OFFICE: Bridge House
25 Fiddlebridge Lane
Hatfield
Hertfordshire
AL10 0SP





REGISTERED NUMBER: 06861532 (England and Wales)





ACCOUNTANTS: Lovetts Accountants Limited
Bridge House
25 Fiddlebridge Lane
Hatfield
Hertfordshire
AL10 0SP

WELHAM TRAVEL LIMITED (REGISTERED NUMBER: 06861532)

BALANCE SHEET
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 218,026 280,865
Investments 6 2 2
218,028 280,867

CURRENT ASSETS
Debtors 7 155,531 195,910
Cash at bank and in hand 64,347 52,154
219,878 248,064
CREDITORS
Amounts falling due within one year 8 159,406 210,298
NET CURRENT ASSETS 60,472 37,766
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,500

318,633

CREDITORS
Amounts falling due after more than one
year

9

(152,346

)

(237,318

)

PROVISIONS FOR LIABILITIES (51,555 ) (66,744 )
NET ASSETS 74,599 14,571

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 74,598 14,570
SHAREHOLDERS' FUNDS 74,599 14,571

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

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

The director acknowledges his 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.

WELHAM TRAVEL LIMITED (REGISTERED NUMBER: 06861532)

BALANCE SHEET - continued
31 July 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 director and authorised for issue on 29 April 2025 and were signed by:





D Collins - Director


WELHAM TRAVEL LIMITED (REGISTERED NUMBER: 06861532)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Welham 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 33% on cost
Motor vehicles - 25% on reducing balance and 15% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

WELHAM TRAVEL LIMITED (REGISTERED NUMBER: 06861532)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 20,000
AMORTISATION
At 1 August 2023
and 31 July 2024 20,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 2,095 1,086,074 1,369 1,089,538
DEPRECIATION
At 1 August 2023 2,095 805,295 1,283 808,673
Charge for year - 62,817 22 62,839
At 31 July 2024 2,095 868,112 1,305 871,512
NET BOOK VALUE
At 31 July 2024 - 217,962 64 218,026
At 31 July 2023 - 280,779 86 280,865

WELHAM TRAVEL LIMITED (REGISTERED NUMBER: 06861532)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

5. PROPERTY, PLANT AND EQUIPMENT - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2023
and 31 July 2024 776,500
DEPRECIATION
At 1 August 2023 544,439
Charge for year 50,638
At 31 July 2024 595,077
NET BOOK VALUE
At 31 July 2024 181,423
At 31 July 2023 232,061

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 2
NET BOOK VALUE
At 31 July 2024 2
At 31 July 2023 2

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 147,016 187,298
Other debtors 8,515 8,612
155,531 195,910

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 14,000 10,000
Hire purchase contracts 78,389 112,745
Trade creditors 5,350 5,114
Taxation and social security 8,723 17,688
Other creditors 52,944 64,751
159,406 210,298

WELHAM TRAVEL LIMITED (REGISTERED NUMBER: 06861532)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 13,417 20,000
Hire purchase contracts 8,929 87,318
Other creditors 130,000 130,000
152,346 237,318