ASJ LUXURY TRAVEL LTD - Filleted accounts

Registered number

11183422

ASJ LUXURY TRAVEL LTD

Filleted Accounts

31 January 2026

ASJ LUXURY TRAVEL LTD
Registered number:		11183422
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		16,634			17,236

Current assets
Debtors	4	-			132
Cash at bank and in hand		7,686			3,346
		7,686			3,478

Creditors: amounts falling due within one year	5	(20,280)			(18,360)

Net current liabilities			(12,594)			(14,882)

Total assets less current liabilities			4,040			2,354

Creditors: amounts falling due after more than one year	6		(4,000)			(2,225)



Net assets			40			129

Capital and reserves
Called up share capital			10			10
Profit and loss account			30			119

Shareholder's funds			40			129

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs A M Shermon-Jones
Director
Approved by the board on 26 October 2026

ASJ LUXURY TRAVEL LTD
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment			20% reducing balance
	Land & Buildings			10% Straight Line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					1		-


3	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 February 2025			20,593		1,388		21,981
	Additions			-		2,079		2,079
	Disposals			-		(800)		(800)
	At 31 January 2026			20,593		2,667		23,260

	Depreciation
	At 1 February 2025			3,775		970		4,745
	Charge for the year			2,060		453		2,513
	On disposals			-		(632)		(632)
	At 31 January 2026			5,835		791		6,626

	Net book value
	At 31 January 2026			14,758		1,876		16,634
	At 31 January 2025			16,818		418		17,236


4	Debtors					2026		2025
£							£

	Trade debtors					-		132


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					2,400		2,400
	Taxation and social security costs					15,759		16,452
	Other creditors					2,121		(492)
						20,280		18,360


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					4,000		2,225


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mrs A M Shermon-Jones
	Directors loan account	2,293		7,116		(9,442)		(33)

		2,293		7,116		(9,442)		(33)


8	Controlling party

	The company is ultimately controlled by the directors by virtue of their shareholding.


9	Other information

	ASJ LUXURY TRAVEL LTD is a private company limited by shares and incorporated in England. Its registered office is:
	18 Langdale Road
	Cheltenham
	GL51 3LY