Company Registration No. 09726775 (England and Wales)
My Getaways Limited
Unaudited accounts
for the year ended 31 August 2025
My Getaways Limited
Unaudited accounts
Contents
My Getaways Limited
Company Information
for the year ended 31 August 2025
Company Number
09726775 (England and Wales)
Registered Office
Unit 6 Ferry Wharf Hove Enterprise Centr
Basin Road North
Brighton
East Sussex
BN41 1BD
United Kingdom
Accountants
Collective Concepts Accounting Ltd
My Getaways Limited
Statement of financial position
as at 31 August 2025
Intangible assets
38,230
60,025
Tangible assets
64,401
113,971
Cash at bank and in hand
307,946
420,396
Creditors: amounts falling due within one year
(407,678)
(485,511)
Net current (liabilities)/assets
(34,650)
70,190
Total assets less current liabilities
67,981
244,186
Creditors: amounts falling due after more than one year
-
(42,815)
Provisions for liabilities
Deferred tax
(8,580)
(17,457)
Called up share capital
1,338
1,338
Share premium
167,162
167,162
Profit and loss account
(109,099)
15,414
Shareholders' funds
59,401
183,914
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 28 May 2026 and were signed on its behalf by
Steven Taggert
Director
Company Registration No. 09726775
My Getaways Limited
Notes to the Accounts
for the year ended 31 August 2025
My Getaways Limited is a private company, limited by shares, registered in England and Wales, registration number 09726775. The registered office is Unit 6 Ferry Wharf Hove Enterprise Centr, Basin Road North, Brighton, East Sussex, BN41 1BD, United Kingdom.
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.
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.
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Tangible fixed assets and depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant & machinery
5 years straight line
Motor vehicles
25% reducing balance
Fixtures & fittings
5 years straight line
Computer equipment
5 years straight line
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful
lives on the following bases:
Website development costs is amortised over 5 years straight line
My Getaways Limited
Notes to the Accounts
for the year ended 31 August 2025
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
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.
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the
initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.
Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
My Getaways Limited
Notes to the Accounts
for the year ended 31 August 2025
Expenditure on new product development, which meets the criteria within section 18 of FRS102 for deferral to future period, is capitalised as an intangible fixed asset and amortised from the date on which the asset is available for use.
Development activities involve a plan or design for the production of new or substantially improved products or processes. The expenditure capitalised include direct labour and an appropriate portion of subcontractors and software expenses.
General expenditure on research and development which does not meet the criteria is written off in the year in which it is incurred.
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Intangible fixed assets
Other
At 1 September 2024
139,173
At 1 September 2024
79,148
Charge for the year
27,729
My Getaways Limited
Notes to the Accounts
for the year ended 31 August 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2024
13,866
40,330
162,809
15,038
232,043
Additions
-
-
1,929
1,417
3,346
Disposals
-
(25,330)
-
-
(25,330)
At 31 August 2025
13,866
15,000
164,738
16,455
210,059
At 1 September 2024
9,982
12,896
85,926
9,268
118,072
Charge for the year
1,935
2,109
27,677
2,198
33,919
On disposals
-
(6,333)
-
-
(6,333)
At 31 August 2025
11,917
8,672
113,603
11,466
145,658
At 31 August 2025
1,949
6,328
51,135
4,989
64,401
At 31 August 2024
3,884
27,434
76,883
5,770
113,971
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.
Amounts falling due within one year
Trade debtors
3,849
18,512
Accrued income and prepayments
21,352
55,026
Other debtors
39,881
50,194
My Getaways Limited
Notes to the Accounts
for the year ended 31 August 2025
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
19,850
11,329
Trade creditors
134,043
179,171
Taxes and social security
11,075
8,591
Other creditors
156,342
197,180
Loans from directors
75
75
9
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
25,569
10
Operating lease commitments
2025
2024
At 31 August 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
10,368
12,778
Later than one year and not later than five years
41,473
43,481
Later than five years
80,045
62,674
11
Transactions with related parties
At the end of the year The entity owed by below Related parties
£8,213 (2024: £Nil) by Maxella Ltd
12
Average number of employees
During the year the average number of employees was 12 (2024: 13).