Company Registration No. 04110884 (England and Wales)
North American Vacation Homes (international) Limited
Unaudited accounts
for the year ended 31 March 2025
North American Vacation Homes (international) Limited
Unaudited accounts
Contents
North American Vacation Homes (international) Limited
Company Information
for the year ended 31 March 2025
Company Number
04110884 (England and Wales)
Registered Office
Suite M, Kbf House
55 Victoria Road
Burgess Hill
RH15 9LH
England
Accountants
Martin Yardley
7 Oak End Close
Southborough
Tunbridge Wells
Kent
TN4 0TE
North American Vacation Homes (international) Limited
Statement of financial position
as at 31 March 2025
Tangible assets
4,792
4,992
Cash at bank and in hand
4,883
31,154
Creditors: amounts falling due within one year
(553,983)
(529,976)
Net current liabilities
(419,669)
(309,255)
Total assets less current liabilities
(414,877)
(297,063)
Creditors: amounts falling due after more than one year
(23,525)
(30,143)
Net liabilities
(438,402)
(327,206)
Called up share capital
2
2
Profit and loss account
(438,404)
(327,208)
Shareholders' funds
(438,402)
(327,206)
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 November 2025 and were signed on its behalf by
Brian Slater
Director
Company Registration No. 04110884
North American Vacation Homes (international) Limited
Notes to the Accounts
for the year ended 31 March 2025
North American Vacation Homes (international) Limited is a private company, limited by shares, registered in England and Wales, registration number 04110884. The registered office is Suite M, Kbf House, 55 Victoria Road, Burgess Hill, RH15 9LH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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. Thus the director
continues to adopt the going concern basis of accounting in preparing the financial statements.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
North American Vacation Homes (international) Limited
Notes to the Accounts
for the year ended 31 March 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
3,354
35,093
38,447
At 31 March 2025
3,354
36,140
39,494
At 1 April 2024
2,656
30,799
33,455
Charge for the year
174
1,073
1,247
At 31 March 2025
2,830
31,872
34,702
At 31 March 2025
524
4,268
4,792
At 31 March 2024
698
4,294
4,992
Amounts falling due within one year
Trade debtors
9,572
74,756
Accrued income and prepayments
115,196
113,087
North American Vacation Homes (international) Limited
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
54,405
53,972
Trade creditors
387,643
281,666
Taxes and social security
4,569
8,495
Other creditors
16,116
39,881
Loans from directors
6,539
-
Deferred income
82,711
78,323
8
Creditors: amounts falling due after more than one year
2025
2024
9
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
8,400
8,400
10
Average number of employees
During the year the average number of employees was 7 (2024: 7).