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REGISTERED NUMBER: 04579120 (England and Wales)















Travology Limited

Unaudited Financial Statements for the Year Ended 31 October 2024






Travology Limited (Registered number: 04579120)






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


Travology Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mr A Boyce





REGISTERED OFFICE: Atlantic House
8 Bell Lane
Uckfield
East Sussex
TN22 1QL





REGISTERED NUMBER: 04579120 (England and Wales)





ACCOUNTANTS: Swindells LLP
Chartered Accountants
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 1QL

Travology Limited (Registered number: 04579120)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 212,542 216,496
Investments 5 92,229 80,777
Investment property 6 600,000 600,000
904,771 897,273

CURRENT ASSETS
Debtors 7 66,853 120,689
Cash at bank 450,325 464,743
517,178 585,432
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

8

83,958

246,484
NET CURRENT ASSETS 433,220 338,948
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,337,991

1,236,221

PROVISIONS FOR LIABILITIES 23,491 23,161
NET ASSETS 1,314,500 1,213,060

Travology Limited (Registered number: 04579120)

Balance Sheet - continued
31 October 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 2 2
Capital redemption reserve 2 2
Fair value reserve 10 18,867 18,867
Retained earnings 1,295,629 1,194,189
1,314,500 1,213,060

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 director acknowledges his 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.

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 director and authorised for issue on 28 July 2025 and were signed by:





Mr A Boyce - Director


Travology Limited (Registered number: 04579120)

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

1. STATUTORY INFORMATION

Travology 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


Travology Limited (Registered number: 04579120)

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

2. ACCOUNTING POLICIES - continued
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.

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 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST OR VALUATION
At 1 November 2023 175,000 117,042 17,436
Additions - 6,000 -
At 31 October 2024 175,000 123,042 17,436
DEPRECIATION
At 1 November 2023 - 85,548 13,790
Charge for year - 11,118 911
At 31 October 2024 - 96,666 14,701
NET BOOK VALUE
At 31 October 2024 175,000 26,376 2,735
At 31 October 2023 175,000 31,494 3,646

Travology Limited (Registered number: 04579120)

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

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST OR VALUATION
At 1 November 2023 12,822 18,843 341,143
Additions - 4,884 10,884
At 31 October 2024 12,822 23,727 352,027
DEPRECIATION
At 1 November 2023 11,038 14,271 124,647
Charge for year 446 2,363 14,838
At 31 October 2024 11,484 16,634 139,485
NET BOOK VALUE
At 31 October 2024 1,338 7,093 212,542
At 31 October 2023 1,784 4,572 216,496

Cost or valuation at 31 October 2024 is represented by:

Improvements
Freehold to Plant and
property property machinery
£    £    £   
Valuation in 2023 18,867 - -
Cost 156,133 123,042 17,436
175,000 123,042 17,436

Fixtures
and Computer
fittings equipment Totals
£    £    £   
Valuation in 2023 - - 18,867
Cost 12,822 23,727 333,160
12,822 23,727 352,027

Travology Limited (Registered number: 04579120)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 November 2023 80,777
Additions 83,937
Disposals (83,878 )
Revaluations 11,393
At 31 October 2024 92,229
NET BOOK VALUE
At 31 October 2024 92,229
At 31 October 2023 80,777


6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 600,000
NET BOOK VALUE
At 31 October 2024 600,000
At 31 October 2023 600,000

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2023 132,336
Cost 467,664
600,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 36,049 51,050
Other debtors 30,804 69,639
66,853 120,689

Travology Limited (Registered number: 04579120)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 17,485 8,611
Taxation and social security 45,604 56,877
Other creditors 20,869 180,996
83,958 246,484

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
104 Ordinary A 1p 1.04 1.04
32 Ordinary B 1p 0.32 0.32
32 Ordinary C 1p 0.32 0.32
32 Ordinary D 1p 0.32 0.32
2.00 2.00

All classes of shares rank pari passu in all respects as if they were the same class of share.

10. RESERVES
Fair
value
reserve
£   
At 1 November 2023
and 31 October 2024 18,867

11. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed its director £1,652 (2023 - £40,861). This loan is unsecured, interest free and repayable on demand.