Istanbul Travel UK Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05832010 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

ISTANBUL TRAVEL UK LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

Mr S M Eser

Mrs D Eser

REGISTERED OFFICE:

35 Westbury Avenue

London

N22 6BS

REGISTERED NUMBER:

05832010 (England and Wales)

ACCOUNTANTS:

Parker Russell UK

Chartered Accountants

Level 30

The Leadenhall Building

122 Leadenhall Street

City of London

EC3V 4AB

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Istanbul Travel UK Limited for the year ended 31 August 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Istanbul Travel UK Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Istanbul Travel UK Limited and state those matters that we have agreed to state to the Board of Directors of Istanbul Travel UK Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Istanbul Travel UK Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Istanbul Travel UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Istanbul Travel UK Limited. You consider that Istanbul Travel UK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Istanbul Travel UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Parker Russell UK

Chartered Accountants

Level 30

The Leadenhall Building

122 Leadenhall Street

City of London

EC3V 4AB

27 May 2026

FIXED ASSETS

Tangible assets

4

454,003

458,615

CURRENT ASSETS

Debtors

5

11,185

23,632

Cash at bank

2,002

5,448

13,187

29,080

CREDITORS

Amounts falling due within one year

6

(95,729

)

(88,357

)

NET CURRENT LIABILITIES

(82,542

)

(59,277

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

371,461

399,338

CREDITORS

Amounts falling due after more than
one year

7

(371,887

)

(399,423

)

NET LIABILITIES

(426

)

(85

)

CAPITAL AND RESERVES

Called up share capital

9

90,000

Revaluation reserve

10

120,000

Retained earnings

(210,426

)

(210,085

)

SHAREHOLDERS' FUNDS

(426

)

(85

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 27 May 2026 and were signed on its behalf by:

Mrs D Eser - Director

1.	STATUTORY INFORMATION

Istanbul Travel UK 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 as modified by the revaluation of certain assets.

TURNOVER

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

Travel agency and intermediary commissions and other

revenues received from the sale of third party product are recognised

when they are earned, typically on receipt of final payment.

TANGIBLE FIXED ASSETS

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

Land and buildings

-

1% on cost

Plant and machinery etc

-

20% on reducing balance

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.

GOING CONCERN

The financial statements have been prepared on the going concern basis which assumes the company will have sufficient cash to services its loans, as and when they become payable, for a period of at least 12 months from the date the financial report was authorised for issue.

The financial statements do not include adjustments relating to the recoverability and classification of records asset amounts, nor to the amounts and classification of liabilities that might be necessary should the company not continue as going concerns.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 September 2024

503,856

221,923

725,779

Additions

-

7,909

At 31 August 2025

503,856

229,832

733,688

DEPRECIATION

At 1 September 2024

81,090

186,074

267,164

Charge for year

5,039

7,482

12,521

At 31 August 2025

86,129

193,556

279,685

NET BOOK VALUE

At 31 August 2025

417,727

36,276

454,003

At 31 August 2024

422,766

35,849

458,615

Cost or valuation at 31 August 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2025

503,856

229,832

733,688

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR

2025

2024

£

Trade debtors

4,754

17,119

Other debtors

6,431

6,513

11,185

23,632

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR

2025

2024

£

Bank loans and overdrafts

20,283

Trade creditors

28,457

43,939

Taxation and social security

44,269

22,135

Other creditors

2,720

2,000

95,729

88,357

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR

2025

2024

£

Bank loans

143,875

157,098

Other creditors

228,012

242,325

371,887

399,423

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

164,158

177,381

[1] Barclays Bank Plc, mortgage provider, has charge over 35 Westbury Avenue, London N22 6BS on the banks standard form dated 13 February 2015.

[2] Subordinated loans, interest free loan, were injected into the business by Mr S M Eser.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

90,000

ordinary

£1

90,000

10.

RESERVES

Revaluation

reserve

£

At 1 September 2024

and 31 August 2025

120,000