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REGISTERED NUMBER: 06915419 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

THE EXCEPTIONAL TRAVEL COMPANY LIMITED

THE EXCEPTIONAL TRAVEL COMPANY LIMITED (REGISTERED NUMBER: 06915419)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE EXCEPTIONAL TRAVEL COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Mr T P S Warren





SECRETARY: Mrs K A Warren





REGISTERED OFFICE: Brewers Cottage
Clench
MARLBOROUGH
Wiltshire
SN8 4NX





REGISTERED NUMBER: 06915419 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

THE EXCEPTIONAL TRAVEL COMPANY LIMITED (REGISTERED NUMBER: 06915419)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 200,884 69,366
Investments 5 610,234 610,234
811,118 679,600

CURRENT ASSETS
Debtors 6 568,831 931,242
Cash at bank 524,448 448,059
1,093,279 1,379,301
CREDITORS
Amounts falling due within one year 7 1,001,592 1,302,466
NET CURRENT ASSETS 91,687 76,835
TOTAL ASSETS LESS CURRENT
LIABILITIES

902,805

756,435

CREDITORS
Amounts falling due after more than one
year

8

(49,629

)

(27,985

)

PROVISIONS FOR LIABILITIES (19,806 ) (13,390 )
NET ASSETS 833,370 715,060

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings 783,370 665,060
SHAREHOLDERS' FUNDS 833,370 715,060

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 EXCEPTIONAL TRAVEL COMPANY LIMITED (REGISTERED NUMBER: 06915419)

BALANCE SHEET - continued
31 OCTOBER 2024


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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2025 and were signed by:





Mr T P S Warren - Director


THE EXCEPTIONAL TRAVEL COMPANY LIMITED (REGISTERED NUMBER: 06915419)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

The Exceptional Travel Company 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. 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.

Turnover
Turnover represents the invoiced sales of services provided. Income is recognised on the date of departure of each holiday.

The company is registered for value added tax, however most of the taxable supplies are zero rated for VAT purposes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 2% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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

THE EXCEPTIONAL TRAVEL COMPANY LIMITED (REGISTERED NUMBER: 06915419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings
£    £    £   
COST
At 1 November 2023 9,904 - 5,328
Additions - 89,459 4,250
Disposals - - -
At 31 October 2024 9,904 89,459 9,578
DEPRECIATION
At 1 November 2023 396 - 2,081
Charge for year 198 1,789 1,124
Eliminated on disposal - - -
At 31 October 2024 594 1,789 3,205
NET BOOK VALUE
At 31 October 2024 9,310 87,670 6,373
At 31 October 2023 9,508 - 3,247

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2023 122,219 6,636 144,087
Additions 86,438 - 180,147
Disposals (66,000 ) - (66,000 )
At 31 October 2024 142,657 6,636 258,234
DEPRECIATION
At 1 November 2023 68,308 3,936 74,721
Charge for year 32,150 1,621 36,882
Eliminated on disposal (54,253 ) - (54,253 )
At 31 October 2024 46,205 5,557 57,350
NET BOOK VALUE
At 31 October 2024 96,452 1,079 200,884
At 31 October 2023 53,911 2,700 69,366

THE EXCEPTIONAL TRAVEL COMPANY LIMITED (REGISTERED NUMBER: 06915419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2023
and 31 October 2024 610,234
NET BOOK VALUE
At 31 October 2024 610,234
At 31 October 2023 610,234

The company's investments at the Balance Sheet date in the share capital of companies include the following:

J & C Voyageurs Limited
Registered office: Brewers Cottage, Clench, Marlborough, Wiltshire, England, SN8 4NX
Nature of business: Tour operator
%
Class of shares: holding
Ordinary £1 100.00

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 270,905 625,933
Amounts owed by group undertakings 6,857 6,594
Other debtors 1,140 1,140
Directors' current accounts 29,731 49,981
Section 455 tax 16,868 -
VAT 1,823 1,849
Prepayments 241,507 245,745
568,831 931,242

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 32,045 18,315
Trade creditors 69,970 55,202
Tax 46,965 724
Social security and other taxes 347 1,377
Proposed dividends 5,700 -
Other creditors 4,276 9,292
Accruals and deferred income 832,289 1,207,556
1,001,592 1,302,466

THE EXCEPTIONAL TRAVEL COMPANY LIMITED (REGISTERED NUMBER: 06915419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans - 1-2 years 8,333 10,000
Bank loans - 2-5 years - 8,333
Hire purchase contracts 41,296 9,652
49,629 27,985

9. RELATED PARTY DISCLOSURES

The Exceptional Travel Company Limited and J & C Voyageurs Limited are deemed to be related parties in accordance with the Financial Reporting Standard 102 by virtue of The Exceptional Travel Company Limited owning 100% of the issued share capital of J & C Voyageurs Limited.

As at 31 October 2024 J & C Voyageurs Limited owed The Exceptional Travel Company Limited £6,857 (2023 £6,594) and is included within debtors.

10. ULTIMATE CONTROLLING PARTY

The controlling party is the director, Toby Warren, by virtue of his ownership of the majority of the company's issued share capital.