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Company Registration No. 10549017 (England and Wales)
Feel Free Travel Limited Unaudited accounts for the year ended 31 January 2025
Feel Free Travel Limited Unaudited accounts Contents
Page
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Feel Free Travel Limited Company Information for the year ended 31 January 2025
Directors
Mathew James Stirland Adam Whitehouse
Company Number
10549017 (England and Wales)
Registered Office
124 City Road London EC1V 2NX England
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Feel Free Travel Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,977 
17,995 
Current assets
Debtors
239,079 
237,162 
Cash at bank and in hand
493,549 
299,544 
732,628 
536,706 
Creditors: amounts falling due within one year
(704,974)
(529,452)
Net current assets
27,654 
7,254 
Total assets less current liabilities
40,631 
25,249 
Creditors: amounts falling due after more than one year
(24,593)
(28,741)
Provisions for liabilities
Deferred tax
(3,244)
(4,498)
Net assets/(liabilities)
12,794 
(7,990)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,694 
(8,090)
Shareholders' funds
12,794 
(7,990)
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 August 2025 and were signed on its behalf by
Adam Whitehouse Director Company Registration No. 10549017
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Feel Free Travel Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Feel Free Travel Limited is a private company, limited by shares, registered in England and Wales, registration number 10549017. The registered office is 124 City Road, London, EC1V 2NX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable. net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of Goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for delivery of the goods. Rendering of Services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by the departure and end date of travel.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
3 Years
Fixtures & fittings
4 Years
Computer equipment
4 Years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Feel Free Travel Limited Notes to the Accounts for the year ended 31 January 2025
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
2,592 
1,378 
21,491 
25,461 
Additions
- 
- 
1,176 
1,176 
At 31 January 2025
2,592 
1,378 
22,667 
26,637 
Depreciation
At 1 February 2024
283 
459 
6,724 
7,466 
Charge for the year
684 
459 
5,051 
6,194 
At 31 January 2025
967 
918 
11,775 
13,660 
Net book value
At 31 January 2025
1,625 
460 
10,892 
12,977 
At 31 January 2024
2,309 
919 
14,767 
17,995 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
233,600 
189,699 
Accrued income and prepayments
5,479 
3,525 
Other debtors
- 
43,938 
239,079 
237,162 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
19,507 
20,538 
Obligations under finance leases and hire purchase contracts
- 
427 
Trade creditors
505 
21,725 
Taxes and social security
21,785 
266 
Other creditors
329 
1,272 
Loans from directors
210 
- 
Deferred income
662,638 
485,224 
704,974 
529,452 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
13,806 
15,969 
Deferred income
10,787 
12,772 
24,593 
28,741 
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Feel Free Travel Limited Notes to the Accounts for the year ended 31 January 2025
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mathew James Stirland
Included in other debtors
21,969 
(21,969)
- 
- 
Adam Whitehouse
Included in other debtors
21,969 
(21,969)
- 
- 
43,938 
(43,938)
- 
- 
9
Average number of employees
During the year the average number of employees was 4 (2024: 3).
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