REGISTERED NUMBER: 01066715 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Latin Travel Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R R Pardal

A E L Pardal

SECRETARY:

R R Pardal

REGISTERED OFFICE:

7-8 Castle Court

Brewhouse Lane

Putney

SW15 2JJ

REGISTERED NUMBER:

01066715 (England and Wales)

ACCOUNTANTS:

City, Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

FIXED ASSETS

Tangible assets

4

563,253

279,854

Investments

5

103

103

563,356

279,957

CURRENT ASSETS

Debtors

6

133,539

231,168

Prepayments and accrued income

121,611

162,510

Cash at bank and in hand

5,566,868

5,609,053

5,822,018

6,002,731

CREDITORS

Amounts falling due within one year

7

(1,885,688

)

(3,081,086

)

NET CURRENT ASSETS

3,936,330

2,921,645

TOTAL ASSETS LESS CURRENT LIABILITIES

4,499,686

3,201,602

PROVISIONS FOR LIABILITIES

(140,813

)

(57,825

)

NET ASSETS

4,358,873

3,143,777

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

4,308,873

3,093,777

4,358,873

3,143,777

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 26 May 2026 and were signed on its behalf by:

R R Pardal - Director

1.	STATUTORY INFORMATION

Latin Travel 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 28 (2024 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

35,411

800,202

150,016

985,629

Additions

8,278

460,000

7,647

475,925

Disposals

-

(421,230

)

-

(421,230

)

At 31 December 2025

43,689

838,972

157,663

1,040,324

DEPRECIATION

At 1 January 2025

30,448

538,427

136,900

705,775

Charge for year

1,215

152,138

2,621

155,974

Eliminated on disposal

-

(384,678

)

-

(384,678

)

At 31 December 2025

31,663

305,887

139,521

477,071

NET BOOK VALUE

At 31 December 2025

12,026

533,085

18,142

563,253

At 31 December 2024

4,963

261,775

13,116

279,854

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

103

NET BOOK VALUE

At 31 December 2025

103

At 31 December 2024

103

Latin Travel Limited owns 100% share capital of Anglovision Tours Limited, Eurowelcome Travel Limited and Family Transfers Limied

All the 3 subsidiaries companies are dormant at the year end.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

39,120

98,062

Other debtors

94,419

133,106

133,539

231,168

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

158,278

186,490

Taxation and social security

212,754

468,932

Other creditors

1,514,656

2,425,664

1,885,688

3,081,086

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £--were paid to the shareholders ( 2024: £1,000,000)

At the year end, Anglovision Tours Limited, a subsidiary of the company owed the company £2 (2024: £2)

At the year end the company owed the directors £345,740 (2024: £1,108,041)

Trading Associated Companies under the control of R R Pardal at the year end are:-

Gilbert White Limited

Gilbert White Investments Limited.

Eurowelcome Travel Spain S.L.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is R R Pardal.