| MEHBOOB TRAVEL LIMITED |
| Registered number: |
02601688 |
| Balance Sheet |
| as at 31 March 2025 |
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1,451,066 |
|
|
1,457,702 |
|
| Current assets |
| Cash at bank and in hand |
|
|
150,033 |
|
|
129,673 |
|
| Creditors: amounts falling due within one year |
4 |
|
(10,851) |
|
|
(12,989) |
|
| Net current assets |
|
|
|
139,182 |
|
|
116,684 |
|
| Total assets less current liabilities |
|
|
|
1,590,248 |
|
|
1,574,386 |
|
|
| Provisions for liabilities |
|
|
|
(220,390) |
|
|
(222,850) |
|
|
| Net assets |
|
|
|
1,369,858 |
|
|
1,351,536 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
29,000 |
|
|
29,000 |
| Revaluation reserve |
5 |
|
|
938,692 |
|
|
938,692 |
| Profit and loss account |
|
|
|
402,166 |
|
|
383,844 |
|
| Shareholders' funds |
|
|
|
1,369,858 |
|
|
1,351,536 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| Mr F M Ahmed |
| Director |
| Approved by the board on 21 November 2025 |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
4 |
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost/(Valuation) |
|
At 1 April 2024 |
1,450,000 |
|
56,054 |
|
1,506,054 |
|
Additions |
- |
|
1,254 |
|
1,254 |
|
Disposals |
- |
|
(56,054) |
|
(56,054) |
|
At 31 March 2025 |
1,450,000 |
|
1,254 |
|
1,451,254 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
- |
|
48,352 |
|
48,352 |
|
Charge for the year |
- |
|
188 |
|
188 |
|
On disposals |
- |
|
(48,352) |
|
(48,352) |
|
At 31 March 2025 |
- |
|
188 |
|
188 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
1,450,000 |
|
1,066 |
|
1,451,066 |
|
At 31 March 2024 |
1,450,000 |
|
7,702 |
|
1,457,702 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
291,120 |
|
291,120 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
291,120 |
|
291,120 |
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Credit card |
391 |
|
340 |
|
Corporation tax |
6,654 |
|
9,093 |
|
Other taxes and social security costs |
478 |
|
502 |
|
Other creditors |
3,328 |
|
3,054 |
|
|
|
|
|
|
10,851 |
|
12,989 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 April 2024 |
938,692 |
|
820,623 |
|
Gain on revaluation of land and buildings |
- |
|
64,715 |
|
Deferred taxation arising on the revaluation of land and buildings |
- |
|
53,354 |
|
|
At 31 March 2025 |
938,692 |
|
938,692 |
|
|
|
|
|
|
|
|
|
|
This related to the gain on revaluation of the company's Investment Property at 31 March 2025. The valuation is done by the directors based on open market valu and are not aware of any changes in value since last valuation. |
|
|
| 6 |
Controlling party |
|
|
The company was under the control of Mr M Ahmed and close family members, who are shareholders and directors of the company. |
|
|
| 7 |
Other information |
|
|
MEHBOOB TRAVEL LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
261 Hoe Street |
|
Walthamstow |
|
London |
|
E17 9PT |