REGISTERED NUMBER: 06228667 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Liz Knights Travel Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

Ms E A Bassett

Registered office:

76 Tyntyla Road

Tonypandy

Mid Glamorgan

CF40 2SR

Registered number:

06228667 (England and Wales)

Accountants:

Curtis Bowden & Thomas Limited

Chartered Certified Accountants

101 Dunraven Street

Tonypandy

CF40 1AR

Fixed assets

Tangible assets

4

56,195

69,518

Current assets

Prepayments and accrued income

9,249

8,938

Cash at bank

149,592

103,872

158,841

112,810

Creditors

Amounts falling due within one year

5

33,111

24,135

Net current assets

125,730

88,675

Total assets less current liabilities

181,925

158,193

Creditors

Amounts falling due after more than one year

6

(19,720

)

(26,044

)

Provisions for liabilities

(7,975

)

(10,258

)

Net assets

154,230

121,891

Capital and reserves

Called up share capital

2

2

Retained earnings

7

154,228

121,889

154,230

121,891

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 December 2025 and were signed by:

Ms E A Bassett - Director

1.	Statutory information

Liz Knights Travel 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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.

3.	Employees and directors

The average number of employees during the year was 9 (2024 - 7 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 May 2024

and 30 April 2025

127,747

Depreciation

At 1 May 2024

58,229

Charge for year

13,323

At 30 April 2025

71,552

Net book value

At 30 April 2025

56,195

At 30 April 2024

69,518

5.

Creditors: amounts falling due within one year

30.4.25

30.4.24

£

£

Bank loans and overdrafts

9,237

9,237

Trade creditors

1,105

830

Taxation and social security

22,220

8,830

Other creditors

549

5,238

33,111

24,135

6.

Creditors: amounts falling due after more than one year

30.4.25

30.4.24

£

£

Bank loans

19,720

26,044

7.

Reserves

Retained

earnings

£

At 1 May 2024

121,889

Profit for the year

47,339

Dividends

(15,000

)

At 30 April 2025

154,228

8.	Ultimate controlling party

The controlling party is Ms E A Bassett.