China Holidays (UK) Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: 04454633 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CHINA HOLIDAYS (UK) LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Li

Mr M Zahra

SECRETARY:

Mr B Lamb

REGISTERED OFFICE:

4 - 6 Glentworth Street

London

NW1 5PG

REGISTERED NUMBER:

04454633 (England and Wales)

SENIOR STATUTORY AUDITOR:

Raju Kalia

AUDITORS:

Freemans Partnership LLP

Chartered Certified Accountants

and Statutory Auditors

Solar House

282 Chase Road

London

N14 6NZ

CURRENT ASSETS

Debtors

4

55,277

7,074

Cash at bank

75,264

83,920

130,541

90,994

CREDITORS

Amounts falling due within one year

5

33,576

17,370

NET CURRENT ASSETS

96,965

73,624

TOTAL ASSETS LESS CURRENT
LIABILITIES

96,965

73,624

CAPITAL AND RESERVES

Called up share capital

6

11,100

Capital redemption reserve

7

18,900

Retained earnings

7

66,965

43,624

SHAREHOLDERS' FUNDS

96,965

73,624

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 25 June 2025 and were signed on its behalf by:

Mr J Li - Director

1.	STATUTORY INFORMATION

China Holidays (UK) Ltd. 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.

Going concern

The accounts have been prepared on a going concern basis.

The directors have prepared cashflow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, the Company will have sufficient funds to meet its liabilities as they fall due.

At the time of approving the financial statements the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover represents revenue earned from the sale of tour packages, travel tickets, and related services, excluding value added tax.

Revenue is recognised when the company has satisfied its performance obligations, which is typically on the date of customer departure or when the travel service is delivered. This reflects the transfer of control of services to the customer in line with the company's contractual obligations.

Commission income is recognised on a net basis when the related booking is confirmed and the underlying service has been completed by the principal provider.

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 balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Other debtors

1,029

Amount due from related party

53,770

5,563

Prepayments and accrued income

478

482

55,277

7,074

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

634

184

Tax

6,715

2,670

VAT

11,211

-

Deferred income

11,516

Accrued expenses

3,500

3,000

33,576

17,370

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

11,100

Ordinary

£1

11,100

7.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

At 1 January 2024

43,624

18,900

62,524

Profit for the year

23,341

At 31 December 2024

66,965

18,900

85,865

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Raju Kalia (Senior Statutory Auditor)

for and on behalf of Freemans Partnership LLP

9.	RELATED PARTY DISCLOSURES

During the year, the company received commission income totalling £36,997 (2023: £19,056) from China Holidays Limited, a company under the common control of Mr J Li, a director of the company.

At the year end, the company was owed £53,770 (2023: £5,563) by China Holidays Limited. The balance arose from commission receivable and other operational recharges. The amount is unsecured, interest-free, and repayable on demand.

All transactions with related parties were conducted in the normal course of business and on arm's length terms.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Li.

The ultimate controlling party is Mr J Li.