REGISTERED NUMBER: 09015465 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Maxwell Scott Travel Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C Kay

Mrs A Kay

REGISTERED OFFICE:

Priest House

Stockeld Park

Sicklinghall

West Yorkshire

LS22 4AW

REGISTERED NUMBER:

09015465 (England and Wales)

ACCOUNTANTS:

Wild & Co Chartered Accountants

Windsor House

Cornwall Road

Harrogate

HG1 2PW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,336

1,897

1,336

1,897

CURRENT ASSETS

Debtors

13,116

50,735

Cash at bank and in hand

6,356

30,432

19,472

81,167

CREDITORS

Amounts falling due within one year

19,917

77,172

NET CURRENT (LIABILITIES)/ASSETS

(445

)

3,995

TOTAL ASSETS LESS CURRENT LIABILITIES

891

5,892

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

889

5,890

SHAREHOLDERS' FUNDS

891

5,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 4 September 2025 and were signed on its behalf by:

Mrs A Kay - Director

1.	STATUTORY INFORMATION

Maxwell Scott 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

Straight line over 4 years

Computer equipment

-

Straight line over 3 years

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 3 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2024

and 30 June 2025

25,000

AMORTISATION

At 1 July 2024

and 30 June 2025

25,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2024

7,432

Additions

402

At 30 June 2025

7,834

DEPRECIATION

At 1 July 2024

5,535

Charge for year

963

At 30 June 2025

6,498

NET BOOK VALUE

At 30 June 2025

1,336

At 30 June 2024

1,897

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

2

Ordinary

£1

2

2

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2025 and 30 June 2024:

30.6.25

30.6.24

£

£

Mrs A Kay and Mr C Kay

Balance outstanding at start of year

-

67

Amounts advanced

(113,273

)

(126,361

)

Amounts repaid

123,244

126,294

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,971

-

8.	RELATED PARTY DISCLOSURES

Director loan of 9,971is money advanced to the Director by the Company as at 30 June 2025. The loan is unsecured and interest free. The Director confirms the loan will be repaid by 31 March 2026.

9.	ULTIMATE CONTROLLING PARTY

The directors are the ultimate controlling party by virtue of their shareholding.