Ashwood Travel Limited 07427690 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is that of providing coach hiring services. Digita Accounts Production Advanced 6.30.9574.0 true 07427690 2023-09-01 2024-08-31 07427690 2024-08-31 07427690 bus:OrdinaryShareClass1 2024-08-31 07427690 core:RetainedEarningsAccumulatedLosses 2024-08-31 07427690 core:RevaluationReserve 2024-08-31 07427690 core:ShareCapital 2024-08-31 07427690 core:SharePremium 2024-08-31 07427690 core:CurrentFinancialInstruments 2024-08-31 07427690 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 07427690 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 07427690 core:FurnitureFittings 2024-08-31 07427690 core:MotorVehicles 2024-08-31 07427690 core:OfficeEquipment 2024-08-31 07427690 bus:SmallEntities 2023-09-01 2024-08-31 07427690 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07427690 bus:AbridgedAccounts 2023-09-01 2024-08-31 07427690 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07427690 bus:RegisteredOffice 2023-09-01 2024-08-31 07427690 bus:Director3 2023-09-01 2024-08-31 07427690 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 07427690 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07427690 core:FurnitureFittings 2023-09-01 2024-08-31 07427690 core:MotorVehicles 2023-09-01 2024-08-31 07427690 core:OfficeEquipment 2023-09-01 2024-08-31 07427690 countries:AllCountries 2023-09-01 2024-08-31 07427690 2023-08-31 07427690 core:FurnitureFittings 2023-08-31 07427690 core:MotorVehicles 2023-08-31 07427690 core:OfficeEquipment 2023-08-31 07427690 2022-09-01 2023-08-31 07427690 2023-08-31 07427690 bus:OrdinaryShareClass1 2023-08-31 07427690 core:RetainedEarningsAccumulatedLosses 2023-08-31 07427690 core:RevaluationReserve 2023-08-31 07427690 core:ShareCapital 2023-08-31 07427690 core:SharePremium 2023-08-31 07427690 core:CurrentFinancialInstruments 2023-08-31 07427690 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 07427690 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 07427690 core:FurnitureFittings 2023-08-31 07427690 core:MotorVehicles 2023-08-31 07427690 core:OfficeEquipment 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07427690

Ashwood Travel Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 August 2024

 

Ashwood Travel Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 6

 

Ashwood Travel Limited

Company Information

Director

S J Baker

Registered office

Binders Industrial Estate
Unit 3A, Cryers Hill Road
Cryers Hill
High Wycombe
Bucks
HP15 6LJ

 

Ashwood Travel Limited

(Registration number: 07427690)
Abridged Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

959,999

944,462

Current assets

 

Debtors

34,553

49,669

Cash at bank and in hand

 

336,332

340,001

 

370,885

389,670

Creditors: Amounts falling due within one year

(661,622)

(805,863)

Net current liabilities

 

(290,737)

(416,193)

Total assets less current liabilities

 

669,262

528,269

Creditors: Amounts falling due after more than one year

(442,775)

(539,044)

Provisions for liabilities

(204,917)

(179,664)

Net assets/(liabilities)

 

21,570

(190,439)

Capital and reserves

 

Called up share capital

999

999

Share premium reserve

12,718

12,718

Revaluation reserve

(115,134)

(115,134)

Retained earnings

122,987

(89,022)

Shareholders' funds/(deficit)

 

21,570

(190,439)

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Ashwood Travel Limited

(Registration number: 07427690)
Abridged Balance Sheet as at 31 August 2024

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 29 August 2025
 

.........................................
S J Baker
Director

   
     
 

Ashwood Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Ashwood Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

15% reducing balance

Office equipment

15% reducing balance

Fixtures and fittings

15% reducing balance

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2023 - 10).

 

Ashwood Travel Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2024

3

Tangible assets

Fixtures and fittings
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 September 2023

7,915

3,788

1,498,439

1,510,142

Additions

-

1,698

224,985

226,683

Disposals

-

-

(79,090)

(79,090)

At 31 August 2024

7,915

5,486

1,644,334

1,657,735

Depreciation

At 1 September 2023

3,054

1,397

561,229

565,680

Charge for the year

729

613

168,950

170,292

Eliminated on disposal

-

-

(38,236)

(38,236)

At 31 August 2024

3,783

2,010

691,943

697,736

Carrying amount

At 31 August 2024

4,132

3,476

952,391

959,999

At 31 August 2023

4,861

2,391

937,210

944,462

4

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

999

999

999

999