1

General information

Pomegranate Travel Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 08446869

Its registered office is:

2

Accounting policies

Going concern

The directors have assessed the company’s balance sheet position and likely future cash flows at the date of approving these financial statements. The company was profitable for the year ended 31 December 2025 and had net assets at the balance sheet date. Based on this assessment, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Turnover

Tangible fixed assets and depreciation

Furniture, fittings and equipment

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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 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. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. 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.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other creditors

Foreign currencies

Defined contribution pensions

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually reviewed
and are based on experience and other factors including expectations of future events that are believed
to be reasonable under the circumstances.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals
in the balance sheet. The assets of the plan are held separately from the company in independently
administered funds.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on
notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more
than three months from the date of acquisition and that are readily convertible to known amounts of
cash with insignificant risk of change in value.

3

Employees

2025

2024

Number

Number

The average monthly number of employees (including directors) during the year was:

4

Tangible fixed assets

Fixtures, fittings and equipment

Total

$

$

Cost or revaluation

At 1 January 2025

Additions

At 31 December 2025

Depreciation

At 1 January 2025

Charge for the year

At 31 December 2025

Net book values

At 31 December 2025

At 31 December 2024

26,105

5

Debtors

2025

2024

$

$

Trade debtors

Amounts owed by group undertakings

VAT recoverable

Other debtors

Prepayments and accrued income

6

Creditors:

amounts falling due within one year

2025

2024

$

$

Trade creditors

Amounts owed to group undertakings

Taxes and social security

Other creditors

Accruals and deferred income

7

Provisions for liabilities

2025

2024

$

$

Other provision-B/fwd

178,085

178,085

Movement for the year

(95,080)

83,005

178,085

Other provisions relate to trips that were paid for but subsequently not utilized due to disruptions arising from the COVID-19 pandemic and geopolitical conflict. Credit notes have been issued in respect of these amounts.

8

Share Capital

The issued and fully paid share capital amounted to 100 ordinary shares with a nominal value of £1 each, an amount of $123 (2024: $123). The company also has issued 29,900 preferred shares at £1 each an amount of $36,873 (2024: $36,873).

9

Related party disclosures

Transactions with related parties

The company has taken advantage of the exemption available according with Section 33 of FRS 102
"Related party disclosure" not to disclose transactions entered into between two or more members of a
group that are wholly owned.