Company Registration No. 06972655 (England and Wales)
Galaxy Travel & Holidays Ltd
Unaudited accounts
for the year ended 31 March 2025
Galaxy Travel & Holidays Ltd
Unaudited accounts
Contents
Galaxy Travel & Holidays Ltd
Company Information
for the year ended 31 March 2025
Director
Mr Phuong Viet Hoang
Company Number
06972655 (England and Wales)
Registered Office
210 Deptford High Street
London
SE8 3PR
England
Accountants
A2B Tax Ltd
133 Creek Road
London
SE8 3BU
Galaxy Travel & Holidays Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
16,189
19,171
Cash at bank and in hand
518,118
445,605
Creditors: amounts falling due within one year
(82,143)
(60,527)
Net current assets
504,974
447,543
Total assets less current liabilities
521,163
466,714
Creditors: amounts falling due after more than one year
(139,200)
(100,000)
Net assets
381,963
366,714
Called up share capital
60,002
60,002
Profit and loss account
321,961
306,712
Shareholders' funds
381,963
366,714
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 25 July 2025 and were signed on its behalf by
Mr Phuong Viet Hoang
Director
Company Registration No. 06972655
Galaxy Travel & Holidays Ltd
Notes to the Accounts
for the year ended 31 March 2025
Galaxy Travel & Holidays Ltd is a private company, limited by shares, registered in England and Wales, registration number 06972655. The registered office is 210 Deptford High Street, London, SE8 3PR, 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:
Fixtures & fittings
20% reducing balance method
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
58,708
12,220
70,928
At 31 March 2025
58,708
12,220
70,928
At 1 April 2024
41,664
10,093
51,757
Charge for the year
2,557
425
2,982
At 31 March 2025
44,221
10,518
54,739
At 31 March 2025
14,487
1,702
16,189
At 31 March 2024
17,044
2,127
19,171
Amounts falling due within one year
Other debtors
40,005
40,005
Galaxy Travel & Holidays Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
13,393
29,898
Proposed dividends
10,000
-
Loans from directors
-
1,854
7
Creditors: amounts falling due after more than one year
2025
2024
Trade creditors
139,200
100,000
8
Average number of employees
During the year the average number of employees was 6 (2024: 7).