Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31552024-01-01falseNo description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02746991 2024-01-01 2024-12-31 02746991 2023-01-01 2023-12-31 02746991 2024-12-31 02746991 2023-12-31 02746991 c:Director1 2024-01-01 2024-12-31 02746991 d:CurrentFinancialInstruments 2024-12-31 02746991 d:CurrentFinancialInstruments 2023-12-31 02746991 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02746991 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02746991 d:ShareCapital 2024-12-31 02746991 d:ShareCapital 2023-12-31 02746991 d:RetainedEarningsAccumulatedLosses 2024-12-31 02746991 d:RetainedEarningsAccumulatedLosses 2023-12-31 02746991 c:FRS102 2024-01-01 2024-12-31 02746991 c:IndependentExaminationCharity 2024-01-01 2024-12-31 02746991 c:FullAccounts 2024-01-01 2024-12-31 02746991 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02746991 2 2024-01-01 2024-12-31 02746991 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 02746991









EFFECTIVE BUSINESS TRAVEL LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
EFFECTIVE BUSINESS TRAVEL LIMITED
REGISTERED NUMBER: 02746991

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
228,959
226,861

Cash at bank and in hand
 5 
192,439
143,938

  
421,398
370,799

Creditors: amounts falling due within one year
 6 
(51,964)
(59,227)

Net current assets
  
 
 
369,434
 
 
311,572

Total assets less current liabilities
  
369,434
311,572

  

Net assets
  
369,434
311,572


Capital and reserves
  

Called up share capital 
  
30,000
30,000

Profit and loss account
  
339,434
281,572

  
369,434
311,572

Page 1

 
EFFECTIVE BUSINESS TRAVEL LIMITED
REGISTERED NUMBER: 02746991
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N Warren
Director

Date: 4 June 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
EFFECTIVE BUSINESS TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Effective Business Travel Limited is a private company limited by shares and incorporated in England and Wales. Its registered office address is Building 1 Chalfont Park, Chalfont St. Peter, Gerrards Cross, SL9 0B.
The principal activity of the company during the period was the provision of group and incentive travel in connection with corporate business events.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Revenue

Revenue comprises the company's revenue in respect of corporate hospitality business travel events, exclusive of Value Added Tax and trade discounts. Turnover is recognised on the date the travel commences.

Page 3

 
EFFECTIVE BUSINESS TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Operating leases: the Company as lessee

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
EFFECTIVE BUSINESS TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).


4.


Debtors

2024
2023
£
£


Trade debtors
34,070
-

Other debtors
194,889
213,882

Prepayments and accrued income
-
12,979

228,959
226,861



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
192,439
143,938

192,439
143,938


Page 5

 
EFFECTIVE BUSINESS TRAVEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
11,466
288

Corporation tax
19,745
5,690

Other taxation and social security
4,060
21,152

Other creditors
1,053
1,177

Accruals
12,000
-

Deferred income
3,640
30,920

51,964
59,227



7.


Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund amounted to £1,706 (2022 - £1,706). Contributions totalling £1177 (2022 - £601) were payable to the fund at the balance sheet date and are included in creditors.


8.Other commitments

The company is party to an agreement with the Civil Aviation Authority ("CAA") under which the CAA provides assurance in the event of a deficit by the company in respect of travel arrangement made on behalf of clients. In support of this agreement, the company has arranged an insurance policy to cover the period to 31 December 2024. The premium for this policy is charged in the profit and loss account.
 
Page 6