ITB Holdings Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14098891

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		628		-
Investments	5		2,627,261		2,627,261

			2,627,889		2,627,261
CURRENT ASSETS
Debtors	6	1,015,732		526,475
Cash at bank and in hand		13,478		407,447

		1,029,210		933,922
Creditors: Amounts Falling Due Within One Year	7	(1,292,805 )		(757,324 )

NET CURRENT ASSETS (LIABILITIES)			(263,595 )		176,598

TOTAL ASSETS LESS CURRENT LIABILITIES			2,364,294		2,803,859

Creditors: Amounts Falling Due After More Than One Year	8		(1,713,754 )		(2,170,673 )

NET ASSETS			650,540		633,186

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			650,440		633,086

SHAREHOLDERS' FUNDS			650,540		633,186

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ITB Holdings Ltd

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Amanda Burch

Director

23/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

ITB Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14098891 . The registered office is Unit 5 The Cobden Centre, Didcot, OX11 7HL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

20% Straight Limited

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in the profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 49 (2024: 3)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 May 2024	-
Additions	837

As at 30 April 2025	837

Depreciation
As at 1 May 2024	-
Provided during the period	209

As at 30 April 2025	209

Net Book Value
As at 30 April 2025	628

As at 1 May 2024	-

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ITB Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 May 2024	2,627,261

As at 30 April 2025	2,627,261

Provision
As at 1 May 2024	-

As at 30 April 2025	-

Net Book Value
As at 30 April 2025	2,627,261

As at 1 May 2024	2,627,261

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	590	-
Prepayments and accrued income	687,644	511,475
Other debtors	40,045	15,000
Other taxes and social security	2	-
Amounts owed by group undertakings	287,451	-

	1,015,732	526,475

Amounts owed by group undertakings includes balances payable from ATA Logistics Limited of £285,883 (2024: £nil) and Venture Rentals Limited of £1,568 (2024: £nil). The loans are unsecured, interest free and repayable as cashflow permits.

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,973	42
Corporation tax	24,242	117,719
VAT	81,756	95,889
Other creditors	201	201
Accruals and deferred income	45,893	-
Directors' loan accounts	-	75,000
Amounts owed to group undertakings	1,130,740	468,473

	1,292,805	757,324

Amounts owed to group undertakings includes a balance payable to ATA Sameday Limited of £1,130,740 (2024: £437,654). The loan is unsecured, interest free and repayable as cashflow permits.

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Amounts owed to group undertakings	1,713,754	2,170,673

The loan advanced relates to the purchase of 100% of the Share Capital of Didcot Hire Limited on 14 November 2022. The loan is interest free, unsecured and repayable after 12 months.

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ITB Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Other Commitments

The company leases property under non-cancellable operating lease agreements. The total of future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than one year	151,326	50,000
Later than one year and not later than five years	272,289	-
Later than five years	3,068	-

	426,683	50,000

11. Ultimate Controlling Party

The ultimate controlling party is Amanda Burch by virtue of her majority shareholding in ITB Holdings Limited.

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