REGISTERED NUMBER: 04033792 (England and Wales)

Financial Statements

for the Period 1 July 2024 to 31 March 2025

for

Africa Collection UK Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C C Fortescue

J P Westrip

B Coetzee

M Wiest

REGISTERED OFFICE:

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

REGISTERED NUMBER:

04033792 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Property, plant and equipment

5

11,475

11,480

Investments

6

6

6

11,481

11,486

CURRENT ASSETS

Debtors

7

306,889

191,745

Cash at bank

1,769,204

1,720,140

2,076,093

1,911,885

CREDITORS

Amounts falling due within one year

8

(1,240,267

)

(1,099,532

)

NET CURRENT ASSETS

835,826

812,353

TOTAL ASSETS LESS CURRENT LIABILITIES

847,307

823,839

CAPITAL AND RESERVES

Called up share capital

40,300

40,300

Retained earnings

807,007

783,539

SHAREHOLDERS' FUNDS

847,307

823,839

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 13 November 2025 and were signed on its behalf by:

J P Westrip - Director

1.	STATUTORY INFORMATION

Africa Collection UK 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.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue and turnover

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

Turnover represents the sales value of travel arrangements and other related services due to have been settled in full during the period with adjustment made for travel arrangements subsequently cancelled.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Foreign exchange forward contracts

Foreign exchange forward contracts are initially measured at fair value on the date a forward contract is entered into and subsequently re-measured to fair value, at each reporting date. Fair value gains and losses are recognised in profit and loss.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 (2024 - 9 ) .

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

Cost

At 1 July 2024

7,062

10,769

17,831

Additions

-

2,328

2,328

At 31 March 2025

7,062

13,097

20,159

Depreciation

At 1 July 2024

2,218

4,133

6,351

Charge for period

908

1,425

2,333

At 31 March 2025

3,126

5,558

8,684

Net book value

At 31 March 2025

3,936

7,539

11,475

At 30 June 2024

4,844

6,636

11,480

6.	FIXED ASSET INVESTMENTS

Other

investments

£

Cost

At 1 July 2024

and 31 March 2025

6

Net book value

At 31 March 2025

6

At 30 June 2024

6

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

30/6/24

£

£

Trade debtors

253,195

109,526

Other debtors

53,694

82,219

306,889

191,745

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

30/6/24

£

£

Trade creditors

990,663

877,335

Taxation and social security

223,432

181,891

Other creditors

26,172

40,306

1,240,267

1,099,532

9.	LEASING AGREEMENTS

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

31/3/25

30/6/24

£

£

Within one year

19,490

19,490

Between one and five years

38,980

53,598

58,470

73,088

The company had no other guarantees or financial commitments at the balance sheet date (2024: £Nil).