Company registration number 01705540 (England and Wales)
EASTRAVEL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
EASTRAVEL LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
EASTRAVEL LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
3,286
21,040
Investments
5
585,974
591,928
589,260
612,968
Current assets
Debtors
7
177,421
143,663
Cash at bank and in hand
1,144,491
1,051,076
1,321,912
1,194,739
Creditors: amounts falling due within one year
8
(255,241)
(256,688)
Net current assets
1,066,671
938,051
Total assets less current liabilities
1,655,931
1,551,019
Provisions for liabilities
(41,387)
(39,180)
Net assets
1,614,544
1,511,839
Capital and reserves
Called up share capital
100,000
100,000
Profit and loss reserves
1,514,544
1,411,839
Total equity
1,614,544
1,511,839
EASTRAVEL LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
31 March 2025
- 2 -

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 31 July 2025 and are signed on its behalf by:
S G D Heng
Director
Company registration number 01705540 (England and Wales)
EASTRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Eastravel Limited is a private company limited by shares incorporated in England and Wales. The registered office is Fitzroy House, Crown Street, Ipswich, Suffolk, IP1 3LG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of holidays and related services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised on the holiday departure date.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% per year on cost
Computer equipment
25% per year on cost
Website costs
20% per year on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Publicly traded investments held by the company are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss. Transaction costs are expensed to profit or loss as incurred.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

EASTRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, other than those classified as fixed asset investments on the balance sheet for which the accounting policy is separately disclosed, such as debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade creditors and loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

EASTRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

EASTRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Website costs
Total
£
£
£
£
Cost
At 1 April 2024
46,779
4,396
14,000
65,175
Additions
-
0
2,332
-
0
2,332
Disposals
(46,779)
(1,786)
-
0
(48,565)
At 31 March 2025
-
0
4,942
14,000
18,942
Depreciation and impairment
At 1 April 2024
27,140
2,995
14,000
44,135
Depreciation charged in the year
-
0
444
-
0
444
Eliminated in respect of disposals
(27,140)
(1,783)
-
0
(28,923)
At 31 March 2025
-
0
1,656
14,000
15,656
Carrying amount
At 31 March 2025
-
0
3,286
-
0
3,286
At 31 March 2024
19,639
1,401
-
0
21,040
5
Fixed asset investments
2025
2024
£
£
Other investments other than loans
585,974
591,928
EASTRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
5
Fixed asset investments
(Continued)
- 7 -
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 April 2024
591,928
Valuation changes
(5,954)
At 31 March 2025
585,974
Carrying amount
At 31 March 2025
585,974
At 31 March 2024
591,928

The valuation changes comprising a loss of £5,954 (2024 - profit £50,490) are included within other interest receivable and similar income on the statement of income and retained earnings.

6
Financial instruments
2025
2024
£
£
Carrying amount of financial assets include:
Instruments measured at fair value through profit or loss
585,974
591,928

Fair values of investments are determined using quoted market prices.

7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
177,421
143,663
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
779
208
Taxation and social security
16,689
30,069
Other creditors
237,773
226,411
255,241
256,688
2025-03-31 2024-04-01 false false false 31 July 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity S G D Heng M G W Tunstill S K J Heng S G D Heng 01705540 2024-04-01 2025-03-31 01705540 2025-03-31 01705540 2024-03-31 01705540 core:LandBuildings 2025-03-31 01705540 core:OtherPropertyPlantEquipment 2025-03-31 01705540 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2025-03-31 01705540 core:LandBuildings 2024-03-31 01705540 core:OtherPropertyPlantEquipment 2024-03-31 01705540 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-03-31 01705540 core:ShareCapital 2025-03-31 01705540 core:ShareCapital 2024-03-31 01705540 core:RetainedEarningsAccumulatedLosses 2025-03-31 01705540 core:RetainedEarningsAccumulatedLosses 2024-03-31 01705540 bus:Director1 2024-04-01 2025-03-31 01705540 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01705540 core:ComputerEquipment 2024-04-01 2025-03-31 01705540 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-04-01 2025-03-31 01705540 2023-04-01 2024-03-31 01705540 core:LandBuildings 2024-03-31 01705540 core:OtherPropertyPlantEquipment 2024-03-31 01705540 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-03-31 01705540 2024-03-31 01705540 core:LandBuildings 2024-04-01 2025-03-31 01705540 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 01705540 core:WithinOneYear 2025-03-31 01705540 core:WithinOneYear 2024-03-31 01705540 core:CurrentFinancialInstruments 2025-03-31 01705540 core:CurrentFinancialInstruments 2024-03-31 01705540 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01705540 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01705540 bus:FRS102 2024-04-01 2025-03-31 01705540 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 01705540 bus:Director2 2024-04-01 2025-03-31 01705540 bus:Director3 2024-04-01 2025-03-31 01705540 bus:CompanySecretary1 2024-04-01 2025-03-31 01705540 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP