REGISTERED NUMBER: 05105814 (England and Wales)

GULLIVERS TRAVELS (LONGTON) LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs J A Taylor

SECRETARY:

Miss E J Hart

REGISTERED OFFICE:

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

REGISTERED NUMBER:

05105814 (England and Wales)

ACCOUNTANTS:

Rushtons

Chartered Accountants

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

BANKERS:

National Westminster Bank plc

35 Fishergate

Preston

Lancashire

PR1 3BH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

91,078

91,320

91,078

91,320

CURRENT ASSETS

Debtors

3,797

11,257

Cash at bank and in hand

425,677

372,721

429,474

383,978

CREDITORS

Amounts falling due within one year

313,598

280,722

NET CURRENT ASSETS

115,876

103,256

TOTAL ASSETS LESS CURRENT LIABILITIES

206,954

194,576

CREDITORS

Amounts falling due after more than one year

(23,018

)

(33,472

)

PROVISIONS FOR LIABILITIES

(213

)

(267

)

NET ASSETS

183,723

160,837

CAPITAL AND RESERVES

Called up share capital

55,000

55,000

Revaluation reserve

6

38,405

38,405

Retained earnings

90,318

67,432

SHAREHOLDERS' FUNDS

183,723

160,837

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 12 January 2026 and were signed by:

Mrs J A Taylor - Director

1.	STATUTORY INFORMATION

Gullivers Travels (Longton) 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 as modified by the revaluation of certain assets.

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

Turnover

Turnover represents the net commissions received on travel agency transactions. Commissions are recognised when the balance of the holiday proceeds are received.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty 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

-

20% on reducing balance and 10% on cost

Computer equipment

-

33% on cost

In the opinion of the director the residual value of the property is at least equal to its book value. Having regard to this, it is the opinion of the director that depreciation of the property as required by the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective April 2008) is not necessary.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

and 31 July 2025

25,000

AMORTISATION

At 1 August 2024

and 31 July 2025

25,000

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 August 2024

105,967

Additions

347

At 31 July 2025

106,314

DEPRECIATION

At 1 August 2024

14,647

Charge for year

589

At 31 July 2025

15,236

NET BOOK VALUE

At 31 July 2025

91,078

At 31 July 2024

91,320

Cost or valuation at 31 July 2025 is represented by:

Totals

£

Valuation in 2005

20,000

Valuation in 2015

18,405

Cost

67,909

106,314

If the freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

51,595

51,595

Freehold property was valued on an open market basis on 31 July 2025 by the director, Mrs J A Taylor .

6.

RESERVES

Revaluation

reserve

£

At 1 August 2024

and 31 July 2025

38,405

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs J A Taylor.