Company Registration No. NI629529 (Northern Ireland)
Irish Tour Tickets Ltd
Unaudited accounts
for the year ended 31 December 2024
Irish Tour Tickets Ltd
Unaudited accounts
Contents
Irish Tour Tickets Ltd
Company Information
for the year ended 31 December 2024
Directors
Paul Cunningham
George Grimley
Mark Kelly
Thomas Muldoon
Sean Slane
Company Number
NI629529 (Northern Ireland)
Registered Office
10 Great Victoria Street
Belfast
Antrim
BT2 7BA
Northern Ireland
Accountants
PGR Chartered Accountants
Unit 2 Channel Wharf
21 Old Channel Road
Belfast
Antrim
BT3 9DE
Irish Tour Tickets Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
10,969
-
Creditors: amounts falling due within one year
(235,679)
(157,083)
Net current assets
90,428
89,353
Total assets less current liabilities
90,456
89,771
Creditors: amounts falling due after more than one year
(28,523)
(34,779)
Called up share capital
20
20
Profit and loss account
61,913
54,972
Shareholders' funds
61,933
54,992
For the year ending 31 December 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 24 September 2025 and were signed on its behalf by
Paul Cunningham
Director
Company Registration No. NI629529
Irish Tour Tickets Ltd
Notes to the Accounts
for the year ended 31 December 2024
Irish Tour Tickets Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI629529. The registered office is 10 Great Victoria Street, Belfast, Antrim, BT2 7BA, Northern Ireland.
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.
The directors believe that the company Irish Tour Tickets Ltd has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured, regardless of when the payment is being made. Turnover is derived principally from the provision of transport services and is recognised upon the delivery of the service to the customer with reference to the stage of completion of travel provided.
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
5% straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Irish Tour Tickets Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings
Finished goods
1,000
1,000
Amounts falling due within one year
Trade debtors
2,823
26,110
Amounts due from group undertakings etc.
309,555
200,566
Accrued income and prepayments
-
17,000
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
15,550
24,296
Trade creditors
37,281
63,700
Amounts owed to group undertakings and other participating interests
-
8,167
Taxes and social security
1,819
5,748
Deferred income
60,019
50,000
Security on the bank loans and overdrafts is provided by way of fixed and floating charge over the assets of the company.
Irish Tour Tickets Ltd
Notes to the Accounts
for the year ended 31 December 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20
20
10
Transactions with related parties
Included within debtors are amounts due from connected companies of £234,555 (2023: £200,566).
Included within creditors are amounts due to connected companies of £Nil (2023: £8,167).
All amounts are unsecured, interest free and repayable on demand.
11
Average number of employees
During the year the average number of employees was 0 (2023: 0).