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REGISTERED NUMBER: 07433955 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

PASSEPARTOUT TRAVEL LTD

PASSEPARTOUT TRAVEL LTD (REGISTERED NUMBER: 07433955)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


PASSEPARTOUT TRAVEL LTD

Company Information
for the year ended 31 March 2025







DIRECTOR: L Jeffrey





SECRETARY: S Jeffrey





REGISTERED OFFICE: 11 Laura Place
Bath
Somerset
BA2 4BL





REGISTERED NUMBER: 07433955 (England and Wales)





ACCOUNTANTS: Richardson Swift
Chartered Accountants
11 Laura Place
Bath
BA2 4BL

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Passepartout Travel Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Passepartout Travel Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Passepartout Travel Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Passepartout Travel Ltd and state those matters that we have agreed to state to the director of Passepartout Travel Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Passepartout Travel Ltd and its director for our work or for this report.

It is your duty to ensure that Passepartout Travel Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Passepartout Travel Ltd. You consider that Passepartout Travel Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Passepartout Travel Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Richardson Swift
Chartered Accountants
11 Laura Place
Bath
BA2 4BL


6 August 2025

PASSEPARTOUT TRAVEL LTD (REGISTERED NUMBER: 07433955)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 617 818
Investments 5 3,947 3,947
4,564 4,765

CURRENT ASSETS
Debtors 6 62,864 129,650
Cash at bank 15,590 42,204
78,454 171,854
CREDITORS
Amounts falling due within one year 7 65,671 104,985
NET CURRENT ASSETS 12,783 66,869
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,347

71,634

PROVISIONS FOR LIABILITIES 8 117 193
NET ASSETS 17,230 71,441

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 17,229 71,440
SHAREHOLDERS' FUNDS 17,230 71,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

PASSEPARTOUT TRAVEL LTD (REGISTERED NUMBER: 07433955)

Balance Sheet - continued
31 March 2025


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:





L Jeffrey - Director


PASSEPARTOUT TRAVEL LTD (REGISTERED NUMBER: 07433955)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Passepartout Travel 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 represents net invoiced sales of services, excluding value added tax. Sales are recognised at the departure date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Office equipment - 25% on cost

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, loans from banks and other third parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


PASSEPARTOUT TRAVEL LTD (REGISTERED NUMBER: 07433955)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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

Critical accounting judgements and key sources of estimation uncertainty
No significant judgements or key assumptions have had to be made by the directors in preparing these financial statements.

Investments
Investments are held at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 April 2024 1,791
Additions 260
At 31 March 2025 2,051
DEPRECIATION
At 1 April 2024 973
Charge for year 461
At 31 March 2025 1,434
NET BOOK VALUE
At 31 March 2025 617
At 31 March 2024 818

PASSEPARTOUT TRAVEL LTD (REGISTERED NUMBER: 07433955)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

5. FIXED ASSET INVESTMENTS

Other investments

2025 2024
£    £   
Tourist boat 3,947 3,947



6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 62,864 129,650

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts - 841
Taxation and social security 6,956 30,768
Other creditors 58,715 73,376
65,671 104,985

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 117 193

Deferred
tax
£   
Balance at 1 April 2024 193
Movement (76 )
Balance at 31 March 2025 117

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary £1 1 1

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the director owed the company £26,690 (2024 - £80,042). Advances of £86,005 (2024 - £217,038) and repayments of £139,358 (2024 - £117,830) were made during the year.