Company No: 08100893 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Adam Blacklin
	Sophie Katherine Blacklin

SECRETARY

Adam Blacklin

REGISTERED OFFICE	Unit 1b 21 Cherry Farm Close
	Malton Enterprise Park
	Malton
	YO17 6AW
	United Kingdom

COMPANY NUMBER

08100893 (England and Wales)

ACCOUNTANT	Morrell Middleton Auditors Ltd Chartered Certified Accountants
	Wellington House
	Aviator Court
	York
	YO30 4UZ

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	2,645		3,220
Tangible assets	4	146,300		199,106
		148,945		202,326
Current assets
Stocks	5	75,000		120,000
Debtors	6	186,084		150,841
Cash at bank and in hand	7	799,296		812,592
		1,060,380		1,083,433
Creditors: amounts falling due within one year	8	( 706,659)		( 705,427)
Net current assets		353,721		378,006
Total assets less current liabilities		502,666		580,332
Net assets		502,666		580,332
Capital and reserves
Called-up share capital	9	200		200
Profit and loss account		502,466		580,132
Total shareholders' funds		502,666		580,332

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Touring Enterprises Limited (registered number: 08100893) were approved and authorised for issue by the Board of Directors on 13 November 2025. They were signed on its behalf by:

Sophie Katherine Blacklin Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Touring Enterprises Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 1b 21 Cherry Farm Close, Malton Enterprise Park, Malton, YO17 6AW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

20 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.	20 - 25 % reducing balance
	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 April 2024	5,745		5,745
At 31 March 2025	5,745		5,745
Accumulated amortisation
At 01 April 2024	2,525		2,525
Charge for the financial year	575		575
At 31 March 2025	3,100		3,100
Net book value
At 31 March 2025	2,645		2,645
At 31 March 2024	3,220		3,220

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	285,515		285,515
Additions	5,190		5,190
At 31 March 2025	290,705		290,705
Accumulated depreciation
At 01 April 2024	86,409		86,409
Charge for the financial year	57,996		57,996
At 31 March 2025	144,405		144,405
Net book value
At 31 March 2025	146,300		146,300
At 31 March 2024	199,106		199,106

5. Stocks

	2025		2024
	£		£
Stocks	75,000		120,000

There are no material differences between the replacement cost of stock and the Balance Sheet amounts.

6. Debtors

	2025		2024
	£		£
Trade debtors	126,916		140,341
Amounts owed by Group undertakings	48,127		10,500
Other debtors	11,041		0
	186,084		150,841

7. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	799,296		812,592

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	151,740		296,886
Amounts owed to Group undertakings	11,900		0
Amounts owed to directors	3		( 8,835)
Accruals	454,980		376,161
Taxation and social security	82,504		41,215
Other creditors	5,532		0
	706,659		705,427

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
200 Ordinary shares of £ 1.00 each	200		200