Brylaine Travel Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04199399

Brylaine Travel Limited

Filleted Unaudited Financial Statements

For the year ended

31 July 2025

Brylaine Travel Limited

Statement of Financial Position

31 July 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	16,875	16,875
Tangible assets	6	2,144,534	1,661,667
		------------	------------
		2,161,409	1,678,542

Current assets

Stocks		22,153	22,153
Debtors	7	419,609	440,148
Cash at bank and in hand		141,344	299,558
		---------	---------
		583,106	761,859

Creditors: amounts falling due within one year	8	1,254,135	1,067,687
		------------	------------
Net current liabilities		671,029	305,828
		------------	------------
Total assets less current liabilities		1,490,380	1,372,714

Creditors: amounts falling due after more than one year	9	122,072	155,204

Provisions	193,722	212,190
	------------	------------
Net assets	1,174,586	1,005,320
	------------	------------

Brylaine Travel Limited

Statement of Financial Position (continued)

31 July 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	12,301	12,301
Profit and loss account	1,162,285	993,019
	------------	------------
Shareholders funds	1,174,586	1,005,320
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 28 April 2026 , and are signed on behalf of the board by:

M Del-Garbutt

Director

Company registration number: 04199399

Brylaine Travel Limited

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Enterprise House, 38 Tyndall Court, Lynch wood, Peterborough, PE2 6LR. The trading address is 291 London Road, Wyberton, Boston, PE21 7DD.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	4% straight line
Short leasehold property	-	4% straight line
Plant and machinery	-	variable rates on reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	12% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 63 (2024: 67 ).

5. Intangible assets

	Number plates
	£
Cost
At 1 August 2024 and 31 July 2025	16,875
	--------
Amortisation
At 1 August 2024 and 31 July 2025	–
	--------
Carrying amount
At 31 July 2025	16,875
	--------
At 31 July 2024	16,875
	--------

6. Tangible assets

	Land and buildings	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 August 2024	903,221	373,061	2,409,203	49,869	3,735,354
Additions	587,254	13,133	181,573	5,360	787,320
Disposals	–	( 59,048)	( 364,617)	( 2,601)	( 426,266)
	------------	---------	------------	--------	------------
At 31 July 2025	1,490,475	327,146	2,226,159	52,628	4,096,408
	------------	---------	------------	--------	------------
Depreciation
At 1 August 2024	89,356	217,881	1,756,146	10,304	2,073,687
Charge for the year	52,060	18,783	201,103	5,505	277,451
Disposals	–	( 49,282)	( 347,874)	( 2,108)	( 399,264)
	------------	---------	------------	--------	------------
At 31 July 2025	141,416	187,382	1,609,375	13,701	1,951,874
	------------	---------	------------	--------	------------
Carrying amount
At 31 July 2025	1,349,059	139,764	616,784	38,927	2,144,534
	------------	---------	------------	--------	------------
At 31 July 2024	813,865	155,180	653,057	39,565	1,661,667
	------------	---------	------------	--------	------------

7. Debtors

	2025	2024
	£	£
Trade debtors	55,059	44,654
Amounts owed by group undertakings and undertakings in which the company has a participating interest	23,823	38,000
Other debtors	340,727	357,494
	---------	---------
	419,609	440,148
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	390,775	–
Trade creditors	159,613	240,930
Amounts owed to group undertakings and undertakings in which the company has a participating interest	301,074	453,539
Social security and other taxes	137,514	145,244
Other creditors	265,159	227,974
	------------	------------
	1,254,135	1,067,687
	------------	------------

Included in other creditors are hire purchase liabilities £75,637 (2024: £110,239) which are secured against the related assets.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	122,072	155,204
	---------	---------

Included in other creditors are hire purchase liabilities £122,072 (2024: £155,204) which are secured against the related assets.

10. Directors' advances, credits and guarantees

The directors operated a loan account with the company, the balance at the year end was £nil (2024 £16,481).

11. Controlling party

The company is under the control of Ibex Holdings Ltd, a company incorporated in England and Wales. There is no ultimate controlling party.