2024-03-01 2025-02-28 false Capium Accounts Production 1.1 11835364 2024-03-01 2025-02-28 11835364 bus:FullAccounts 2024-03-01 2025-02-28 11835364 bus:FRS102 2024-03-01 2025-02-28 11835364 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 11835364 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 11835364 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11835364 2024-03-01 2025-02-28 11835364 2025-02-28 11835364 bus:RegisteredOffice 2024-03-01 2025-02-28 11835364 core:WithinOneYear 2025-02-28 11835364 core:AfterOneYear 2025-02-28 11835364 1 2024-03-01 2025-02-28 11835364 bus:Director1 2024-03-01 2025-02-28 11835364 bus:Director1 2025-02-28 11835364 bus:Director1 2023-03-01 2024-02-29 11835364 2023-03-01 11835364 bus:LeadAgentIfApplicable 2024-03-01 2025-02-28 11835364 2023-03-01 2024-02-29 11835364 2024-02-29 11835364 core:WithinOneYear 2024-02-29 11835364 core:AfterOneYear 2024-02-29 11835364 bus:EntityAccountantsOrAuditors 2023-03-01 2024-02-29 11835364 core:FurnitureFittings 2024-03-01 2025-02-28 11835364 core:FurnitureFittings 2025-02-28 11835364 core:FurnitureFittings 2024-02-29 11835364 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-02-28 11835364 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-02-29 11835364 core:CostValuation core:Non-currentFinancialInstruments 2025-02-28 11835364 core:CostValuation core:Non-currentFinancialInstruments 2024-02-29 11835364 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-02-28 11835364 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-02-28 11835364 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-02-28 11835364 core:Non-currentFinancialInstruments 2025-02-28 11835364 core:Non-currentFinancialInstruments 2024-02-29 11835364 core:ShareCapital 2025-02-28 11835364 core:ShareCapital 2024-02-29 11835364 core:RetainedEarningsAccumulatedLosses 2025-02-28 11835364 core:RetainedEarningsAccumulatedLosses 2024-02-29 11835364 dpl:Item1 2024-03-01 11835364 dpl:Item1 2025-02-28 11835364 dpl:Item1 2023-03-01 11835364 dpl:Item1 2024-02-29 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 11835364
England and Wales

 

 

 

RED BALLOON TOURING LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 March 2024

End date: 28 February 2025
Director Michel Boersma
Registered Number 11835364
Registered Office Belgrave House
39-43 Monument Hill
Weybridge
Surrey
KT13 8RN
Accountants WallsMan Creative Limited
Unit 14, Princeton Mews, 167 London Road, Kingston Upon Thames, England
KT2 6PT
1
 
 
Notes
 
2025
£
  2024
£
Current assets      
Debtors 4 30,490    599,590 
Cash at bank and in hand 45,020    245 
75,510    599,835 
Creditors: amount falling due within one year 5 (73,160)   (866,067)
Net current assets 2,350    (266,232)
 
Total assets less current liabilities 2,350    (266,232)
Net assets 2,350    (266,232)
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 2,250    (266,332)
Shareholders' funds 2,350    (266,232)
 


For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 01 May 2025 and were signed by:


-------------------------------
Michel Boersma
Director
2
General Information
Red Balloon Touring Limited is a private company, limited by shares, registered in England and Wales, registration number 11835364, registration address Belgrave House, 39-43 Monument Hill, Weybridge, Surrey, KT13 8RN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 25 Reducing Balance
2.

Average number of employees

Average number of employees during the year was 1 (2024 : 1).
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Total
  £   £
At 01 March 2024 4,341    4,341 
Additions  
Disposals  
At 28 February 2025 4,341    4,341 
Depreciation
At 01 March 2024 4,341    4,341 
Charge for year  
On disposals  
At 28 February 2025 4,341    4,341 
Net book values
Closing balance as at 28 February 2025  
Opening balance as at 01 March 2024  


4.

Debtors: amounts falling due within one year

2025
£
  2024
£
Trade Debtors   37,501 
Provision for Doubtful Debts   (37,501)
Amount Owed by Group Undertakings 30,127    599,545 
VAT 363    45 
30,490    599,590 

5.

Creditors: amount falling due within one year

2025
£
  2024
£
Trade Creditors 38,747    19,648 
Amounts Owed to Group Undertakings   686,753 
Corporation Tax 34,412    116,767 
Accrued Expenses   1,600 
Other Creditors 1    41,299 
73,160    866,067 

3