Easy Travel & Tours Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05007269 (England and Wales)

Financial Statements for the Year Ended 31 July 2025

for

Easy Travel & Tours Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

T Shabbir

A Shabbir

REGISTERED OFFICE:

57 Whitton Road

Hounslow

Essex

TW3 2DB

REGISTERED NUMBER:

05007269 (England and Wales)

AUDITORS:

HSY Accountants Ltd

Chartered Certified Accountants &

Statutory Auditors

20 Tadworth Parade

Elm Park

RM12 5AS

FIXED ASSETS

Tangible assets

4

3,073

4,151

Investment property

5

191,966

195,039

196,117

CURRENT ASSETS

Debtors

6

613,772

575,122

Cash at bank and in hand

370,252

305,162

984,024

880,284

CREDITORS

Amounts falling due within one year

7

534,091

595,448

NET CURRENT ASSETS

449,933

284,836

TOTAL ASSETS LESS CURRENT
LIABILITIES

644,972

480,953

CREDITORS

Amounts falling due after more than
one year

8

121,638

-

NET ASSETS

523,334

480,953

CAPITAL AND RESERVES

Called up share capital

9

100,000

Retained earnings

10

423,334

380,953

SHAREHOLDERS' FUNDS

523,334

480,953

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 Board of Directors and authorised for issue on 27 January 2026 and were signed on its behalf by:

T Shabbir - Director

1.	STATUTORY INFORMATION

Easy Travel & Tours Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The directors have, at the time of approving the financial statements, a reasonable expectation that they have adequate resources to continue in operational existence for the foreseeable future. Based on their assessment of the potential impact of Russia & Ukraine war and wider corporate cost inflation, the company has sufficient working capital, no impact on the profitability during the year, positive net current assets and have investment property to support the business for the foreseeable future. Thus they continue to adopt the going concern basis of accounting In preparing the financial statements.

Turnover

Turnover represents revenue from the sale of flight tickets and trade discounts and insurance intermediary income. In respect of flight tickets, the income is recognised at the time of issuing the ticket. In respect of insurance intermediary, the income is recognised at the time of insurance is arranged.

Tangible fixed assets

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

Freehold property

-

2% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 August 2024

and 31 July 2025

73,757

7,852

81,609

DEPRECIATION

At 1 August 2024

69,953

7,505

77,458

Charge for year

951

127

1,078

At 31 July 2025

70,904

7,632

78,536

NET BOOK VALUE

At 31 July 2025

2,853

220

3,073

At 31 July 2024

3,804

347

4,151

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

191,966

NET BOOK VALUE

At 31 July 2025

191,966

At 31 July 2024

191,966

The bank has fixed and floating charge on the investment property and over the assets of the company for providing loan facility.

As per company policy, the valuation of investment property was made as at 31 July 2024 by the directors on an open market basis at £191,966 (Cost £191,966).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade debtors

333,695

292,473

Other debtors

276,370

280,984

VAT

3,707

1,665

613,772

575,122

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Bank loans and overdrafts

38,368

145,150

Trade creditors

440,117

394,323

Tax

31,992

28,740

Wages control account

4,836

3,758

Directors' current accounts

9,353

14,302

Accruals and deferred income

9,425

9,175

534,091

595,448

Included within trade creditors at year end is an amount of £93,588 (2024 £67,867) payable to BSP.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.7.25

31.7.24

£

Bank loans - 2-5 years

121,638

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

100,000

Ordinary

1

100,000

10.

RESERVES

Retained

earnings

£

At 1 August 2024

380,953

Profit for the year

102,381

Dividends

(60,000

)

At 31 July 2025

423,334

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Siraj Muhammad (Senior Statutory Auditor)

For and on behalf of HSY Accountants Ltd

12.	RELATED PARTY DISCLOSURES

During the year, the company declared dividends of £30,000 to A Shabbir and £30,000 to T Shabbir, directors and shareholders of the company.

13.	ULTIMATE CONTROLLING PARTY

A Shabbir and T Shabbir who are company directors control the company by virtue of their shareholding.