2023-08-012024-07-312024-07-31false02520178MARK ONE TRAVEL LTD.2025-04-29falseiso4217:GBPxbrli:pure025201782023-08-01025201782024-07-31025201782023-08-012024-07-31025201782022-08-01025201782023-07-31025201782022-08-012023-07-3102520178bus:SmallEntities2023-08-012024-07-3102520178bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3102520178bus:FullAccounts2023-08-012024-07-3102520178bus:PrivateLimitedCompanyLtd2023-08-012024-07-3102520178core:WithinOneYear2024-07-3102520178core:AfterOneYear2024-07-3102520178core:WithinOneYear2023-07-3102520178core:AfterOneYear2023-07-3102520178core:ShareCapital2024-07-3102520178core:SharePremium2024-07-3102520178core:RevaluationReserve2024-07-3102520178core:OtherReservesSubtotal2024-07-3102520178core:RetainedEarningsAccumulatedLosses2024-07-3102520178core:ShareCapital2023-07-3102520178core:SharePremium2023-07-3102520178core:RevaluationReserve2023-07-3102520178core:OtherReservesSubtotal2023-07-3102520178core:RetainedEarningsAccumulatedLosses2023-07-3102520178core:LandBuildings2024-07-3102520178core:PlantMachinery2024-07-3102520178core:Vehicles2024-07-3102520178core:FurnitureFittings2024-07-3102520178core:OfficeEquipment2024-07-3102520178core:NetGoodwill2024-07-3102520178core:IntangibleAssetsOtherThanGoodwill2024-07-3102520178core:ListedExchangeTraded2024-07-3102520178core:UnlistedNon-exchangeTraded2024-07-3102520178core:LandBuildings2023-07-3102520178core:PlantMachinery2023-07-3102520178core:Vehicles2023-07-3102520178core:FurnitureFittings2023-07-3102520178core:OfficeEquipment2023-07-3102520178core:NetGoodwill2023-07-3102520178core:IntangibleAssetsOtherThanGoodwill2023-07-3102520178core:ListedExchangeTraded2023-07-3102520178core:UnlistedNon-exchangeTraded2023-07-3102520178core:LandBuildings2023-08-012024-07-3102520178core:PlantMachinery2023-08-012024-07-3102520178core:Vehicles2023-08-012024-07-3102520178core:FurnitureFittings2023-08-012024-07-3102520178core:OfficeEquipment2023-08-012024-07-3102520178core:NetGoodwill2023-08-012024-07-3102520178core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3102520178core:ListedExchangeTraded2023-08-012024-07-3102520178core:UnlistedNon-exchangeTraded2023-08-012024-07-3102520178core:MoreThanFiveYears2023-08-012024-07-3102520178core:Non-currentFinancialInstruments2024-07-3102520178core:Non-currentFinancialInstruments2023-07-3102520178dpl:CostSales2023-08-012024-07-3102520178dpl:DistributionCosts2023-08-012024-07-3102520178core:LandBuildings2023-08-012024-07-3102520178core:PlantMachinery2023-08-012024-07-3102520178core:Vehicles2023-08-012024-07-3102520178core:FurnitureFittings2023-08-012024-07-3102520178core:OfficeEquipment2023-08-012024-07-3102520178dpl:AdministrativeExpenses2023-08-012024-07-3102520178core:NetGoodwill2023-08-012024-07-3102520178core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3102520178dpl:GroupUndertakings2023-08-012024-07-3102520178dpl:ParticipatingInterests2023-08-012024-07-3102520178dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3102520178core:ListedExchangeTraded2023-08-012024-07-3102520178dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3102520178core:UnlistedNon-exchangeTraded2023-08-012024-07-3102520178dpl:CostSales2022-08-012023-07-3102520178dpl:DistributionCosts2022-08-012023-07-3102520178core:LandBuildings2022-08-012023-07-3102520178core:PlantMachinery2022-08-012023-07-3102520178core:Vehicles2022-08-012023-07-3102520178core:FurnitureFittings2022-08-012023-07-3102520178core:OfficeEquipment2022-08-012023-07-3102520178dpl:AdministrativeExpenses2022-08-012023-07-3102520178core:NetGoodwill2022-08-012023-07-3102520178core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3102520178dpl:GroupUndertakings2022-08-012023-07-3102520178dpl:ParticipatingInterests2022-08-012023-07-3102520178dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3102520178core:ListedExchangeTraded2022-08-012023-07-3102520178dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3102520178core:UnlistedNon-exchangeTraded2022-08-012023-07-3102520178core:NetGoodwill2024-07-3102520178core:IntangibleAssetsOtherThanGoodwill2024-07-3102520178core:LandBuildings2024-07-3102520178core:PlantMachinery2024-07-3102520178core:Vehicles2024-07-3102520178core:FurnitureFittings2024-07-3102520178core:OfficeEquipment2024-07-3102520178core:AfterOneYear2024-07-3102520178core:WithinOneYear2024-07-3102520178core:ListedExchangeTraded2024-07-3102520178core:UnlistedNon-exchangeTraded2024-07-3102520178core:ShareCapital2024-07-3102520178core:SharePremium2024-07-3102520178core:RevaluationReserve2024-07-3102520178core:OtherReservesSubtotal2024-07-3102520178core:RetainedEarningsAccumulatedLosses2024-07-3102520178core:NetGoodwill2023-07-3102520178core:IntangibleAssetsOtherThanGoodwill2023-07-3102520178core:LandBuildings2023-07-3102520178core:PlantMachinery2023-07-3102520178core:Vehicles2023-07-3102520178core:FurnitureFittings2023-07-3102520178core:OfficeEquipment2023-07-3102520178core:AfterOneYear2023-07-3102520178core:WithinOneYear2023-07-3102520178core:ListedEx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MARK ONE TRAVEL LTD.

Registered Number
02520178
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

MARK ONE TRAVEL LTD.
Company Information
for the year from 1 August 2023 to 31 July 2024

Director

AHMAD, Yasir

Registered Address

136 The Broadway
Southall
UB1 1QN

Registered Number

02520178 (England and Wales)
MARK ONE TRAVEL LTD.
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets319,20022,400
Tangible assets412,68881,493
31,888103,893
Current assets
Debtors5260,392313,804
Cash at bank and on hand220220
260,612314,024
Creditors amounts falling due within one year6(10,770)(11,560)
Net current assets (liabilities)249,842302,464
Total assets less current liabilities281,730406,357
Creditors amounts falling due after one year7(29,999)(36,025)
Provisions for liabilities8-(6,357)
Net assets251,731363,975
Capital and reserves
Called up share capital100,000100,000
Profit and loss account151,731263,975
Shareholders' funds251,731363,975
The financial statements were approved and authorised for issue by the Director on 29 April 2025, and are signed on its behalf by:
AHMAD, Yasir
Director
Registered Company No. 02520178
MARK ONE TRAVEL LTD.
Notes to the Financial Statements
for the year ended 31 July 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.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
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 sale of goods and from the rendering of services.
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.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Amortisation
Website is being amortised evenly over its estimated useful life of ten years.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Land and buildings10
Plant and machinery5
Fixtures and fittings5
Office Equipment5
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 August 2332,00032,000
At 31 July 2432,00032,000
Amortisation and impairment
At 01 August 239,6009,600
Charge for year3,2003,200
At 31 July 2412,80012,800
Net book value
At 31 July 2419,20019,200
At 31 July 2322,40022,400
4.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

££££££
Cost or valuation
At 01 August 2339,40871,06739,37653,62332,462235,936
Disposals(39,408)(71,067)(39,376)(53,623)-(203,474)
At 31 July 24----32,46232,462
Depreciation and impairment
At 01 August 2333,32959,64211,02231,34419,106154,443
Charge for year6085711,4181,1146684,379
On disposals(33,937)(60,213)(12,440)(32,458)-(139,048)
At 31 July 24----19,77419,774
Net book value
At 31 July 24----12,68812,688
At 31 July 236,07911,42528,35422,27913,35681,493
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables11,45018,989
Other debtors248,942294,815
Total260,392313,804
6.Creditors: amounts due within one year

2024

2023

££
Bank borrowings and overdrafts5,5055,505
Taxation and social security4,1634,953
Other creditors202202
Accrued liabilities and deferred income900900
Total10,77011,560
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts29,99936,025
Total29,99936,025
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)-6,357
Total-6,357