REGISTERED NUMBER: 03081948 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Olympia Europe Travel Agency Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Shechter

S Yoon Kim

REGISTERED OFFICE:

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

REGISTERED NUMBER:

03081948 (England and Wales)

ACCOUNTANTS:

RAA Ward Mackenzie Ltd

Chartered Accountants

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

1,784

9,353

1,784

9,353

Current assets

Debtors

6

4,733,097

5,168,139

Cash at bank

1,169,420

503,974

5,902,517

5,672,113

Creditors

Amounts falling due within one year

7

(158,503

)

(218,473

)

Net current assets

5,744,014

5,453,640

Total assets less current liabilities

5,745,798

5,462,993

Capital and reserves

Called up share capital

51,200

51,200

Retained earnings

8

5,694,598

5,411,793

Shareholders' funds

5,745,798

5,462,993

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 7 July 2026 and were signed on its behalf by:

G Shechter - Director

1.	STATUTORY INFORMATION

Olympia Europe Travel Agency Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The principal activity of the company in the year under review was that of Travel agency activities.

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.

RELATED PARTY EXEMPTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

TURNOVER

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

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

TANGIBLE FIXED ASSETS

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

Computer equipment

25% on reducing balance

TAXATION

Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

FOREIGN CURRENCY

Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 January 2025

42,314

Disposals

(42,314

)

At 31 December 2025

-

AMORTISATION

At 1 January 2025

42,314

Eliminated on disposal

(42,314

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

23,861

151,702

175,563

Additions

-

1,633

1,633

Disposals

(23,861

)

(149,804

)

(173,665

)

At 31 December 2025

-

3,531

3,531

DEPRECIATION

At 1 January 2025

15,590

150,620

166,210

Charge for year

709

931

1,640

Eliminated on disposal

(16,299

)

(149,804

)

(166,103

)

At 31 December 2025

-

1,747

1,747

NET BOOK VALUE

At 31 December 2025

-

1,784

1,784

At 31 December 2024

8,271

1,082

9,353

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,646,966

4,895,921

Amounts owed by group undertakings

79,035

271,498

VAT

7,096

720

4,733,097

5,168,139

The directors consider the carrying value of trade and other receivables approximate to their fair values.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,189

66,788

Corporation tax

98,170

60,284

Social security and other tax

9,773

10,780

Other creditors

34,394

79,857

Deferred income

3,998

-

Accrued expenses

10,979

764

158,503

218,473

The directors consider the carrying amounts of current liabilities approximate to their fair values.

8.

RESERVES

Retained

earnings

£

At 1 January 2025

5,411,793

Profit for the year

282,805

At 31 December 2025

5,694,598

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

9.	ULTIMATE CONTROLLING PARTY

The company knows or has reasonable cause to believe that there is no registrable person or registrable relevant legal entity in relation to the company.