Company Registration No. 12164969 (England and Wales)
G And G Travel (Melton Mowbray) Ltd
Unaudited accounts
for the year ended 31 August 2024
G And G Travel (Melton Mowbray) Ltd
Unaudited accounts
Contents
G And G Travel (Melton Mowbray) Ltd
Company Information
for the year ended 31 August 2024
Directors
John Hill
Gemma Hill
Company Number
12164969 (England and Wales)
Registered Office
Unit B
Melton Commercial Park
Melton Mowbray
Leicestershire
LE14 3JL
England
G And G Travel (Melton Mowbray) Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
602,964
452,700
Cash at bank and in hand
7,073
26,287
Creditors: amounts falling due within one year
(586,440)
(416,090)
Net current liabilities
(236,839)
(144,342)
Total assets less current liabilities
366,125
308,358
Creditors: amounts falling due after more than one year
(199,782)
(206,605)
Net assets
166,343
101,753
Called up share capital
2
2
Profit and loss account
166,341
101,751
Shareholders' funds
166,343
101,753
For the 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. 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 29 August 2025 and were signed on its behalf by
John Hill
Director
Company Registration No. 12164969
G And G Travel (Melton Mowbray) Ltd
Notes to the Accounts
for the year ended 31 August 2024
G And G Travel (Melton Mowbray) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12164969. The registered office is Unit B, Melton Commercial Park, Melton Mowbray, Leicestershire, LE14 3JL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
59,111
629,089
5,090
1,196
694,486
Additions
38,950
338,261
-
-
377,211
Disposals
-
(42,000)
-
-
(42,000)
At 31 August 2024
98,061
925,350
5,090
1,196
1,029,697
At 1 September 2023
18,909
220,559
1,888
430
241,786
Charge for the year
15,830
178,823
641
153
195,447
On disposals
-
(10,500)
-
-
(10,500)
At 31 August 2024
34,739
388,882
2,529
583
426,733
At 31 August 2024
63,322
536,468
2,561
613
602,964
At 31 August 2023
40,202
408,530
3,202
766
452,700
G And G Travel (Melton Mowbray) Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
84,204
169,621
Amounts due from group undertakings etc.
43,191
50,736
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,344
10,594
Obligations under finance leases and hire purchase contracts
86,333
100,168
Trade creditors
358,781
102,954
Taxes and social security
13,397
4,787
Loans from directors
116,015
165,896
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
191,792
188,865
8
Average number of employees
During the year the average number of employees was 16 (2023: 16).