REGISTERED NUMBER: 08922812 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Taylors Travel Limited

T/A

Applegate Coaches

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C L Taylor

REGISTERED OFFICE:

Curlew Cottage Moseley Green

Parkend

Lydney

Gloucestershire

GL15 4HN

REGISTERED NUMBER:

08922812 (England and Wales)

ACCOUNTANTS:

Kingscote Accountancy Limited

77-81 Alma Road

Clifton

Bristol

BS8 2DP

FIXED ASSETS

Tangible assets

4

2,230,176

2,155,790

CURRENT ASSETS

Stocks

12,000

5,000

Debtors

5

448,131

428,162

Cash at bank and in hand

614,119

742,024

1,074,250

1,175,186

CREDITORS

Amounts falling due within one year

6

497,729

470,836

NET CURRENT ASSETS

576,521

704,350

TOTAL ASSETS LESS CURRENT LIABILITIES

2,806,697

2,860,140

CREDITORS

Amounts falling due after more than one year

7

(600,698

)

(927,558

)

PROVISIONS FOR LIABILITIES

(549,029

)

(359,930

)

NET ASSETS

1,656,970

1,572,652

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,655,970

1,571,652

1,656,970

1,572,652

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2025 and were signed by:

C L Taylor - Director

1.	STATUTORY INFORMATION

Taylors Travel 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.

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

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 or deferred taxation assets and liabilities are not discounted.

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.

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 28 (2024 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

3,940,167

Additions

776,458

Disposals

(190,000

)

At 31 March 2025

4,526,625

DEPRECIATION

At 1 April 2024

1,784,377

Charge for year

656,770

Eliminated on disposal

(144,698

)

At 31 March 2025

2,296,449

NET BOOK VALUE

At 31 March 2025

2,230,176

At 31 March 2024

2,155,790

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

270,761

175,071

Other debtors

177,370

253,091

448,131

428,162

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

328,659

357,311

Trade creditors

64,381

49,464

Taxation and social security

62,173

17,782

Other creditors

42,516

46,279

497,729

470,836

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

600,698

927,558

8.	RELATED PARTY DISCLOSURES

During the year, C Taylor introduced capital into the company of £49,603.56. As at the year end, C Taylor was owed £16,277 (2024: Taylors Travel Ltd was owed £161 by C Taylor).