DOWNE TRAVEL SERVICE LIMITED

Company Registration Number:
NI016055 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 October 2025

Period of accounts

Start date: 01 November 2024

End date: 31 October 2025

DOWNE TRAVEL SERVICE LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2025

Balance sheet
Notes

DOWNE TRAVEL SERVICE LIMITED

Balance sheet

As at 31 October 2025


Notes
2025
2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 83,219 73,497
Total fixed assets: 83,219 73,497
Current assets
Stocks: 2,000 2,000
Debtors:   751,975 811,137
Cash at bank and in hand: 1,235,191 1,037,471
Total current assets: 1,989,166 1,850,608
Creditors: amounts falling due within one year: 4 (1,403,365) (1,334,245)
Net current assets (liabilities): 585,801 516,363
Total assets less current liabilities: 669,020 589,860
Total net assets (liabilities): 669,020 589,860
Capital and reserves
Called up share capital: 34,525 34,525
Profit and loss account: 634,495 555,335
Shareholders funds: 669,020 589,860

The notes form part of these financial statements

DOWNE TRAVEL SERVICE LIMITED

Balance sheet statements

For the year ending 31 October 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 January 2026
and signed on behalf of the board by:

Name: Paul Gallagher
Status: Director

The notes form part of these financial statements

DOWNE TRAVEL SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DOWNE TRAVEL SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

2. Employees

2025 2024
Average number of employees during the period 8 9

DOWNE TRAVEL SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Tangible Assets

Total
Cost £
At 01 November 2024 148,082
Additions 24,409
At 31 October 2025 172,491
Depreciation
At 01 November 2024 74,585
Charge for year 14,687
At 31 October 2025 89,272
Net book value
At 31 October 2025 83,219
At 31 October 2024 73,497

DOWNE TRAVEL SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

4. Creditors: amounts falling due within one year note

Trade creditors include credit balances on retail debtor (customer) accounts representing advance payments made by customers in respect of future travel arrangements.

DOWNE TRAVEL SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

5. Loans to directors

Name of director receiving advance or credit: Mrs Marie Gallagher
Description of the loan: Directors advanced loan
£
Balance at 01 November 2024 16,208
Advances or credits repaid: 16,208
Balance at 31 October 2025 0

DOWNE TRAVEL SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

6. Related party transactions

Name of the related party: Tullynacree Properties Ltd
Relationship:
Shareholder and director of both companies.
Description of the Transaction: Downe Travel Service Limited rents premises from Tullynacree Properties Ltd, a company owned by Paul Gallagher. The purchase of the premises was funded using a loan to Tullynacree Properties Ltd, a loan which attracts a normal commercial rate of interest, when demanded and is repayable theoretically upon demand. A formal lease is in place. Paul Gallagher is the son of Marie Gallagher who is a director of and 60% shareholder in Downe Travel Service Limited. Paul Gallagher is also a salaried full-time working director of and shareholder in Downe Travel Service Limited. In the year ended 31st October 2025, Downe Travel Service Limited paid rent of £24,000 (2024: £24,000) to Tullynacree Properties Ltd. It was agreed by both companies in this financial year, that no interest would be charged. (2024: £13,048). At the end of the period £184,147 (2024: £181,147) was owed to the company by Tullynacree Properties Ltd.
£
Balance at 01 November 2024 184,147
Balance at 31 October 2025 184,147