ASHLEY TRAVEL LIMITED

ASHLEY TRAVEL LIMITED

ASHLEY TRAVEL LIMITED - Company Information

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ASHLEY TRAVEL LIMITED

Company Registration Number:
03258009 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

ASHLEY TRAVEL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

ASHLEY TRAVEL LIMITED

Balance sheet

As at 31 December 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 750,740 833,437
Investments: 4 70,000 70,000
Total fixed assets: 820,740 903,437
Current assets
Debtors:   39,896 63,135
Cash at bank and in hand: 204,040 84,399
Total current assets: 243,936 147,534
Creditors: amounts falling due within one year:   (119,786) (191,117)
Net current assets (liabilities): 124,150 (43,583)
Total assets less current liabilities: 944,890 859,854
Creditors: amounts falling due after more than one year:   (37,778) (64,445)
Provision for liabilities: (116,442) (126,145)
Total net assets (liabilities): 790,670 669,264
Capital and reserves
Called up share capital: 4 4
Revaluation reserve:5329,744329,744
Profit and loss account: 460,922 339,516
Shareholders funds: 790,670 669,264

The notes form part of these financial statements

ASHLEY TRAVEL LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 September 2023
and signed on behalf of the board by:

Name: Andrew Powell
Status: Director

The notes form part of these financial statements

ASHLEY TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ASHLEY TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 6 8

ASHLEY TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 2,075,116
Additions 108,421
Disposals (316,095)
At 31 December 2022 1,867,442
Depreciation
At 01 January 2022 1,241,679
Charge for year 112,808
On disposals (237,785)
At 31 December 2022 1,116,702
Net book value
At 31 December 2022 750,740
At 31 December 2021 833,437

ASHLEY TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Fixed investments

The investment was acquired on 18th March 2004. It is therefore the opinion of the directors of the company that the cost represents fair market value at the balance sheet date.

ASHLEY TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Revaluation reserve

2022
£
Balance at 01 January 2022 329,744
Surplus or deficit after revaluation 0
Balance at 31 December 2022 329,744

ASHLEY TRAVEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Financial commitments

The company's bankers hold a first legal charge on the company's property at Station Road, Renishaw, in order to secure bank borrowing.