REGISTERED NUMBER: 02029034 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Pound Savers Travel Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

T Lean

Ms M A M Marlow

REGISTERED OFFICE:

Britannia Court

5 Moor Street

Worcester

Worcestershire

WR1 3DB

REGISTERED NUMBER:

02029034 (England and Wales)

ACCOUNTANTS:

Boyds Accountants

Britannia Court

5 Moor Street

Worcester

Worcestershire

WR1 3DB

FIXED ASSETS

Tangible assets

4

306

408

CURRENT ASSETS

Debtors

5

130,659

125,020

Prepayments and accrued income

1,487

1,091

Cash at bank and in hand

58,111

33,116

190,257

159,227

CREDITORS

Amounts falling due within one year

6

142,541

109,365

NET CURRENT ASSETS

47,716

49,862

TOTAL ASSETS LESS CURRENT LIABILITIES

48,022

50,270

CREDITORS

Amounts falling due after more than one year

7

(17,667

)

(20,167

)

PROVISIONS FOR LIABILITIES

(58

)

(74

)

NET ASSETS

30,297

30,029

CAPITAL AND RESERVES

Called up share capital

8

30,000

30,000

Retained earnings

9

297

29

SHAREHOLDERS' FUNDS

30,297

30,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by:

T Lean - Director

Ms M A M Marlow - Director

1.	STATUTORY INFORMATION

Pound Savers Travel 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.

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 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.

Computer equipment

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

10,562

DEPRECIATION

At 1 January 2024

10,154

Charge for year

102

At 31 December 2024

10,256

NET BOOK VALUE

At 31 December 2024

306

At 31 December 2023

408

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

125,643

121,496

VAT

5,016

3,524

130,659

125,020

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

4,000

5,500

Trade creditors

129,902

93,730

Tax

2,894

8,549

Social security and other taxes

(348

)

(414

)

Directors' current accounts

3,759

11

Accrued expenses

2,334

1,989

142,541

109,365

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

4,000

10,000

Bank loans - 2-5 years

13,667

10,167

17,667

20,167

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

30,000

Ordinary

1

30,000

30,000

9.

RESERVES

Retained

earnings

£

At 1 January 2024

29

Profit for the year

12,268

Dividends

(12,000

)

At 31 December 2024

297

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director lends funds to the company interest free.