REGISTERED NUMBER: 04584099 (England and Wales)

Financial Statements

for the Year Ended 31 March 2026

for

Shiraz Travel Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Ms S Songhori

SECRETARY:

Mr S Khorram

REGISTERED OFFICE:

88 Wilton Road

Victoria

London

SW1V 1DN

REGISTERED NUMBER:

04584099 (England and Wales)

ACCOUNTANTS:

Garside and Co. Limited

Suite 631, Linen Hall

162-168 Regent Street

London

W1B 5TG

FIXED ASSETS

Tangible assets

4

9,632

12,609

CURRENT ASSETS

Debtors

5

116,772

193,571

Cash at bank and in hand

308,909

312,822

425,681

506,393

CREDITORS

Amounts falling due within one year

6

(154,586

)

(243,968

)

NET CURRENT ASSETS

271,095

262,425

TOTAL ASSETS LESS CURRENT LIABILITIES

280,727

275,034

CREDITORS

Amounts falling due after more than one year

7

-

(734

)

NET ASSETS

280,727

274,300

CAPITAL AND RESERVES

Called up share capital

10

40,000

40,000

Retained earnings

240,727

234,300

SHAREHOLDERS' FUNDS

280,727

274,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 28 August 2026 and were signed by:

Ms S Songhori - Director

1.	STATUTORY INFORMATION

Shiraz Travel Limited is a private company limited by share capital, incorporated in England and Wales, registration number 04584099.

The address of the registered office is 88 Wilton Road, London, SW1V 1DN.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared under the historical cost convention and in accordance with Section 1A "Small Entities" of Financial Reporting Standard 102 "The Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

On the basis of her assessment of the Company's financial position, the director has a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future. As such, the director continue to adopt the going concern basis of accounting in preparing the financial statements.

Revenue recognition

Turnover is measured as the fair value of the consideration received or receivable, excluding value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. The company recognises the gross value of the ticket sales, the related ticketing costs are included in direct cost, and as such not netted off.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided at the following annual rates to allocate the cost of assets less their residual value over their estimated useful lives, using reducing balance method, as indicated below.

Depreciation is provided on the following basis:

Plant and machinery

-25% on reducing balance

Computer equipment

-25% on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term 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.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currency translation

Functional and presentational currency

The company's functional and presentational currency is the Pound Sterling (GBP).

Foreign currencies

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end, foreign currency monetary items are translated using the closing rate. Non- monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non- monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at the period end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the income statement except when deferred in other comprehensive income as qualifying cash flow hedges.

Operating leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

37,300

21,629

58,929

Additions

-

174

174

At 31 March 2026

37,300

21,803

59,103

DEPRECIATION

At 1 April 2025

30,964

15,356

46,320

Charge for year

1,584

1,567

3,151

At 31 March 2026

32,548

16,923

49,471

NET BOOK VALUE

At 31 March 2026

4,752

4,880

9,632

At 31 March 2025

6,336

6,273

12,609

5.

DEBTORS

31.3.26

31.3.25

£

£

Amounts falling due within one year:

Trade debtors

26,972

175,125

Prepayments

28,800

1,942

55,772

177,067

Amounts falling due after more than one year:

Other debtors

61,000

16,504

Aggregate amounts

116,772

193,571

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts (see note 8)

1,670

10,766

Trade creditors

91,252

171,274

Tax

2,629

3,139

Social security and other taxes

2,250

10,666

VAT

4,796

6,035

Other creditors

20,061

12,566

Directors' current accounts

24,413

20,936

Accrued expenses

7,515

8,586

154,586

243,968

Directors current account is non interest bearing and repayable on demand.

OUTSTANDING BSP

As at 31 March 2026 BSP represented a receivable of £16,064 and was included in trade debtors. At 31 March 2025 BSP outstanding was a liability of £162,709 and was shown in trade creditors. .

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans (see note 8)

-

734

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.26

31.3.25

£

£

Amounts falling due within one year or on demand:

Bank loans

1,670

10,766

31.3.26

31.3.25

£

£

Amounts falling due between two and five years:

Bank loans - 1-5 years

-

734

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.26

31.3.25

£

£

Within one year

28,800

28,800

Between one and five years

57,600

57,600

In more than five years

86,400

115,200

172,800

201,600

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

40,000

Ordinary

£1

40,000

40,000

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The company operates from premises owned by the director. A market rent is charged.

The company paid a secured rent deposit of £61,000 .

Rent of £nil has been charged during the year ended 31 March 2026 (2025 :£28,800).

12.	POST BALANCE SHEET EVENTS

There were no post balance sheet events of any material significance.

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms S Songhori by virtue of her shareholding in the share capital of the company as at 31 March 2026.

14.	AIR TRAVEL ORGANISER’S LICENCE (ATOL)

Shiraz Travel Limited is a licenced operator under the Air Travel Organiser’s Licence (ATOL) scheme. License no 6689.

15.	INTERNATIONAL AIR TRANSPORT ASSOCIATION (IATA)

Shiraz Travel Limited is a member of the International Air Transport Association (IATA). Numeric code 91278051.

16.	GOING CONCERN

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.