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REGISTERED NUMBER: 09027868 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

GO ADVENTURES LTD

GO ADVENTURES LTD (REGISTERED NUMBER: 09027868)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GO ADVENTURES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: G F Higgs
S Davutoglu





SECRETARY: S Davutoglu





REGISTERED OFFICE: Unit 1a Brewery Court
North Street
Bristol
BS3 1JS





REGISTERED NUMBER: 09027868 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

GO ADVENTURES LTD (REGISTERED NUMBER: 09027868)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 22,167 11,145

CURRENT ASSETS
Debtors 5 531,696 1,593,946
Cash at bank 745,167 28,394
1,276,863 1,622,340
CREDITORS
Amounts falling due within one year 6 527,202 761,146
NET CURRENT ASSETS 749,661 861,194
TOTAL ASSETS LESS CURRENT
LIABILITIES

771,828

872,339

CREDITORS
Amounts falling due after more than
one year

7

(27,789

)

(32,739

)

PROVISIONS FOR LIABILITIES 8 (5,542 ) (2,786 )
NET ASSETS 738,497 836,814

CAPITAL AND RESERVES
Called up share capital 9 30,000 30,000
Retained earnings 708,497 806,814
SHAREHOLDERS' FUNDS 738,497 836,814

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

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

GO ADVENTURES LTD (REGISTERED NUMBER: 09027868)

BALANCE SHEET - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by:





S Davutoglu - Director


GO ADVENTURES LTD (REGISTERED NUMBER: 09027868)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% 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 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.

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

GO ADVENTURES LTD (REGISTERED NUMBER: 09027868)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2023 6,562 17,903 24,465
Additions 21,658 3,437 25,095
At 31 October 2024 28,220 21,340 49,560
DEPRECIATION
At 1 November 2023 2,187 11,133 13,320
Charge for year 9,407 4,666 14,073
At 31 October 2024 11,594 15,799 27,393
NET BOOK VALUE
At 31 October 2024 16,626 5,541 22,167
At 31 October 2023 4,375 6,770 11,145

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 309,855 349,449
Other debtors 221,841 1,244,497
531,696 1,593,946

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 5,955 6,960
Trade creditors 105,476 73,690
Taxation and social security 2,733 235,150
Other creditors 413,038 445,346
527,202 761,146

GO ADVENTURES LTD (REGISTERED NUMBER: 09027868)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 27,789 32,739

8. PROVISIONS FOR LIABILITIES
31.10.24 31.10.23
£    £   
Deferred tax
Accelerated capital allowances 5,542 -
Deferred tax - 2,786
5,542 2,786

Deferred
tax
£   
Balance at 1 November 2023 2,786
Provided during year 2,756
Balance at 31 October 2024 5,542

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
15,000 Ordinary A £1 15,000 15,000
15,000 Ordinary B 1 15,000 15,000
30,000 30,000

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31.10.24 31.10.23
£    £   
G F Higgs
Balance outstanding at start of year 1,076,112 (52,035 )
Amounts advanced 86,469 1,193,020
Amounts repaid (1,092,005 ) (64,873 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 70,576 1,076,112

GO ADVENTURES LTD (REGISTERED NUMBER: 09027868)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

11. RELATED PARTY DISCLOSURES

The directors maintain a loan account with the company and have a formal agreement in place for £300,000 (2023: £300,000) on which a fixed rate of interest at 2% is charged. The remainder of the loan is subject to the prevailing market rate.

12. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.