Registration number: 10701016

Holidays By Design (Cleethorpes) Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Holidays By Design (Cleethorpes) Limited

(Registration number: 10701016)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	234,839	46,802
Current assets
Debtors	5	152,660	155,459
Cash at bank and in hand		220,366	201,026
		373,026	356,485
Creditors: Amounts falling due within one year	6	(346,218)	(315,788)
Net current assets		26,808	40,697
Total assets less current liabilities		261,647	87,499
Creditors: Amounts falling due after more than one year	6	(85,718)	-
Provisions for liabilities		(6,211)	(11,701)
Net assets		169,718	75,798
Capital and reserves
Called up share capital		99	99
Retained earnings		169,619	75,699
Shareholders' funds		169,718	75,798

For the financial 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.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 October 2025 and signed on its behalf by:
 

......................................... J J Fairfield Director

Holidays By Design (Cleethorpes) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
5 St Peters Avenue
Cleethorpes
DN35 8HQ

These financial statements were authorised for issue by the Board on 22 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared for the individual entity and are presented in sterling and rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Holidays By Design (Cleethorpes) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	10 - 33% straight line
Motor vehicles	25% straight line
Leasehold improvements	17% straight line

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 15 (2024 - 14).

Holidays By Design (Cleethorpes) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	10,774	22,777	61,470	95,021
Additions	210,000	-	-	210,000
At 31 March 2025	220,774	22,777	61,470	305,021
Depreciation
At 1 April 2024	10,300	16,384	21,535	48,219
Charge for the year	2,931	3,664	15,368	21,963
At 31 March 2025	13,231	20,048	36,903	70,182
Carrying amount
At 31 March 2025	207,543	2,729	24,567	234,839
At 31 March 2024	474	6,393	39,935	46,802

Included within the net book value of land and buildings above is £207,543 (2024 - £474) in respect of freehold land and buildings.
 

5

Debtors

Current	2025 £	2024 £
Trade debtors	133,169	131,923
Prepayments	5,494	8,038
Other debtors	13,997	15,498
	152,660	155,459

Holidays By Design (Cleethorpes) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	7	15,591	291
Trade creditors		2,753	721
Taxation and social security		96,867	89,282
Accruals and deferred income		160,836	158,271
Other creditors		70,171	67,223
		346,218	315,788

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	7	85,718	-

	2025 £	2024 £
Due after more than five years
	-	-

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	85,718	-

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	15,300	-
Other borrowings	291	291
	15,591	291

8	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £8,636 (2024 - £23,441).