REGISTERED NUMBER: 12177792 (England and Wales)

NGS TRAVEL LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Slack

Mrs D V Slack

REGISTERED OFFICE:

43 Ellers Lane

Auckley

Doncaster

South Yorkshire

DN9 3HY

REGISTERED NUMBER:

12177792 (England and Wales)

ACCOUNTANTS:

W H Prior

Chartered Certified Accountants

Railway Court

Off Ten Pound Walk

Doncaster

South Yorkshire

DN4 5FB

FIXED ASSETS

Tangible assets

4

663,892

339,435

Investments

5

289,440

-

953,332

339,435

CURRENT ASSETS

Debtors

6

79,000

53,670

Investments

7

3,000

3,000

Cash at bank and in hand

52,159

72,520

134,159

129,190

CREDITORS

Amounts falling due within one year

8

374,115

106,231

NET CURRENT (LIABILITIES)/ASSETS

(239,956

)

22,959

TOTAL ASSETS LESS CURRENT LIABILITIES

713,376

362,394

CREDITORS

Amounts falling due after more than one year

9

(547,360

)

(172,962

)

PROVISIONS FOR LIABILITIES

(78,799

)

(76,984

)

NET ASSETS

87,217

112,448

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

87,216

112,447

87,217

112,448

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th October 2026 and were signed on its behalf by:

N Slack - Director

Mrs D V Slack - Director

1.	STATUTORY INFORMATION

NGS Travel 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.

Preparation of consolidated financial statements

The financial statements contain information about NGS Travel Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance, 15% on reducing balance and 10% on reducing balance

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost and 20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st September 2024

-

527,802

527,802

Additions

326,700

79,040

405,740

Disposals

-

(3,900

)

(3,900

)

At 31st August 2025

326,700

602,942

929,642

DEPRECIATION

At 1st September 2024

-

188,367

188,367

Charge for year

6,534

72,354

78,888

Eliminated on disposal

-

(1,505

)

(1,505

)

At 31st August 2025

6,534

259,216

265,750

NET BOOK VALUE

At 31st August 2025

320,166

343,726

663,892

At 31st August 2024

-

339,435

339,435

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st September 2024

332,991

Additions

41,250

At 31st August 2025

374,241

DEPRECIATION

At 1st September 2024

97,175

Charge for year

50,362

At 31st August 2025

147,537

NET BOOK VALUE

At 31st August 2025

226,704

At 31st August 2024

235,816

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

289,440

At 31st August 2025

289,440

NET BOOK VALUE

At 31st August 2025

289,440

During the year the company purchased the entire share capital of Saxon Travel Limited at a cost of £289,440.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

44,445

Other debtors

79,000

9,225

79,000

53,670

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

3,000

3,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

47,671

5,463

Hire purchase contracts

60,338

58,855

Trade creditors

136,116

19,065

Taxation and social security

25,796

4,713

Other creditors

104,194

18,135

374,115

106,231

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

429,613

25,896

Hire purchase contracts

117,747

147,066

547,360

172,962

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

400,526

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

477,284

-

Hire purchase contracts

178,085

205,921

655,369

205,921

HSBC plc has a charge over the freehold property known as 206 East Lane Stainforth Doncaster, together with a fixed and floating charge over all assets.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st August 2025 and 31st August 2024:

2025

2024

£

£

N Slack and Mrs D V Slack

Balance outstanding at start of year

9,224

3,774

Amounts advanced

70,187

68,450

Amounts repaid

(83,890

)

(63,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(4,479

)

9,224

During the year the directors both received and gave loans to the company. These loans are provided free of interest and are repayable on demand.