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REGISTERED NUMBER: 01576252 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Holmes Travel Limited

Holmes Travel Limited (Registered number: 01576252)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Holmes Travel Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: J Ferguson
J H Ferguson





REGISTERED OFFICE: Barrack Square
Martlesham Heath
Ipswich
Suffolk





REGISTERED NUMBER: 01576252 (England and Wales)





ACCOUNTANTS: ALS Accountancy Services
Rivendell
Church Road
Battisford
Stowmarket
Suffolk
IP14 2HE

Holmes Travel Limited (Registered number: 01576252)

Abridged Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,296 4,833
Tangible assets 5 41,905 51,946
46,201 56,779

CURRENT ASSETS
Debtors 377,364 527,871
Cash at bank 791,685 929,827
1,169,049 1,457,698
CREDITORS
Amounts falling due within one year 542,249 764,659
NET CURRENT ASSETS 626,800 693,039
TOTAL ASSETS LESS CURRENT
LIABILITIES

673,001

749,818

CREDITORS
Amounts falling due after more than one
year

(10,000

)

(20,000

)

PROVISIONS FOR LIABILITIES (2,967 ) (2,967 )
NET ASSETS 660,034 726,851

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings 610,034 676,851
SHAREHOLDERS' FUNDS 660,034 726,851

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

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

Holmes Travel Limited (Registered number: 01576252)

Abridged Statement of Financial Position - continued
31 December 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 May 2025 and were signed on its behalf by:





J H Ferguson - Director


Holmes Travel Limited (Registered number: 01576252)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Holmes 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.

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 represents amounts receivable for goods and services provided in the normal course of business, net of trade discounts, VAT and other sales related taxes, based on date of departure.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1982, is being amortised evenly over its estimated useful life of fifty years.

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.
Plant and machinery etc - 25% on reducing balance and at varying rates on 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Holmes Travel Limited (Registered number: 01576252)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 26,830
AMORTISATION
At 1 January 2024 21,997
Amortisation for year 537
At 31 December 2024 22,534
NET BOOK VALUE

At 31 December 2024 4,296
At 31 December 2023 4,833

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 160,184
Additions 2,935
At 31 December 2024 163,119
DEPRECIATION
At 1 January 2024 108,238
Charge for year 12,976
At 31 December 2024 121,214
NET BOOK VALUE
At 31 December 2024 41,905
At 31 December 2023 51,946

6. CONTINGENT LIABILITIES

The company has lodged a bond with the Association of British Travel Agents in the sum of £67,998.