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Company Registration No. 2945744 (England and Wales)
RED ROSE TRAVEL LIMITED Unaudited accounts for the year ended 31 January 2025
RED ROSE TRAVEL LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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RED ROSE TRAVEL LIMITED Company Information for the year ended 31 January 2025
Directors
Taj Wali KHAN Sardar Ali KHAN
Company Number
2945744 (England and Wales)
Registered Office
BLINKING OWL GARAGE OXFORD ROAD HADDENHAM AYLESBURY HP17 8TT ENGLAND
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RED ROSE TRAVEL LIMITED Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
2
23,807
Tangible assets
5
1,637,419
1,353,462
1,637,421
1,377,269
Current assets
Debtors
6
2,019,131
827,967
Cash at bank and in hand
64,047
422,587
2,083,178
1,250,554
Creditors: amounts falling due within one year
7
(1,603,928)
(1,007,751)
Net current assets
479,250
242,803
Total assets less current liabilities
2,116,671
1,620,072
Creditors: amounts falling due after more than one year
8
(450,678)
(550,319)
Net assets
1,665,993
1,069,753
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
1,665,893
1,069,653
Shareholders' funds
1,665,993
1,069,753
For the year ending 31 January 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by
Taj Wali KHAN Director Company Registration No. 2945744
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RED ROSE TRAVEL LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
RED ROSE TRAVEL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 2945744. The registered office is BLINKING OWL GARAGE OXFORD ROAD, HADDENHAM, AYLESBURY, HP17 8TT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed 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. Goodwill was acquired in 2011 and is being amortised over its estimated useful life of 10 years from 2016.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Improvements to property - 10% at cost
Plant & machinery
20% at cost
Motor vehicles
20% at cost
Fixtures & fittings
20% at cost
Computer equipment
20% at cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Hire purchase and leasing commitments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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RED ROSE TRAVEL LIMITED Notes to the Accounts for the year ended 31 January 2025
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 February 2024
238,052
At 31 January 2025
238,052
Amortisation
At 1 February 2024
214,245
Charge for the year
23,805
At 31 January 2025
238,050
Net book value
At 31 January 2025
2
At 31 January 2024
23,807
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
1,123,586
1,193,707
1,795,126
4,112,419
Additions
-
100,803
665,333
766,136
At 31 January 2025
1,123,586
1,294,510
2,460,459
4,878,555
Depreciation
At 1 February 2024
390,311
1,176,376
1,192,270
2,758,957
Charge for the year
56,605
31,579
393,995
482,179
At 31 January 2025
446,916
1,207,955
1,586,265
3,241,136
Net book value
At 31 January 2025
676,670
86,555
874,194
1,637,419
At 31 January 2024
733,275
17,331
602,856
1,353,462
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
34,085
216,110
Trade debtors
420,074
309,231
Accrued income and prepayments
34,972
77,626
Other debtors
1,530,000
225,000
2,019,131
827,967
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RED ROSE TRAVEL LIMITED Notes to the Accounts for the year ended 31 January 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
61,176
61,176
Obligations under finance leases and hire purchase contracts
353,611
138,499
Trade creditors
171,549
95,393
Taxes and social security
182,220
184,635
Other creditors
654,255
200,000
Loans from directors
181,117
328,048
1,603,928
1,007,751
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
44,701
118,368
Obligations under finance leases and hire purchase contracts
405,977
431,951
450,678
550,319
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
Included in other creditors is the sum of £181,117 (2024: £328,048) due to the director, T W Khan. This is an interest free loan and is repayable on demand. Included in other debtors £1,450,000 (2024: £Nil) is due from Khattak Properties Ltd.
11
Controlling party
T W Khan is the ultimate controlling party by virtue of his shareholding in the company.
12
Average number of employees
During the year the average number of employees was 78 (2024: 71).
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