REGISTERED NUMBER: 04456335 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PREMIUM TOURS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Wootton

REGISTERED OFFICE:

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

REGISTERED NUMBER:

04456335 (England and Wales)

ACCOUNTANTS:

RJP LLP

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

FIXED ASSETS

Intangible assets

4

14,843

33,361

Tangible assets

5

41,380

47,095

Investments

6

1

1

56,224

80,457

CURRENT ASSETS

Debtors

7

2,283,858

3,062,024

Cash at bank and in hand

372,933

197,019

2,656,791

3,259,043

CREDITORS

Amounts falling due within one year

8

2,215,854

2,553,289

NET CURRENT ASSETS

440,937

705,754

TOTAL ASSETS LESS CURRENT LIABILITIES

497,161

786,211

PROVISIONS FOR LIABILITIES

10

6,721

2,811

NET ASSETS

490,440

783,400

CAPITAL AND RESERVES

Called up share capital

11

194

194

Share premium

69,902

69,902

Retained earnings

420,344

713,304

SHAREHOLDERS' FUNDS

490,440

783,400

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 22 December 2025 and were signed by:

N Wootton - Director

1.	STATUTORY INFORMATION

Premium Tours 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents revenue from tours and hotel room sales. Revenue is measured as the fair value of the consideration received or receivable excluding value added tax.

Tour related turnover is recognised as income in the period the tour has taken place.

Hotel related income is recognised in the period in which the service was provided.

Intangible assets

Intangible fixed assets under the cost model are stated at historical cost less accumulated amortisation and any accumulated impairment losses.

Amortisation is charged so as to allocate the cost of assets over their estimated useful lives, using the straight-line method.

The estimated useful life range is as follows:

Computer software

-

25% on cost

The assets' useful lives and amortisation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Repairs and maintenance are charged to the profit and loss account during the period in which they are incurred.

Depreciation is charged so as to allocate the cost of assets over their estimated useful lives, using the straight-line method.

The estimated useful life range is as follows:

Plant and machinery

-

20%, 25%, 33% on cost and and 25% on reducing balance

The assets' useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the income statement.

Investments in subsidiaries

Investments in subsidiaries are measured at cost less accumulated impairment.

Taxation and deferred 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 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.

Leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2024 - 31 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

210,000

716,694

926,694

AMORTISATION

At 1 April 2024

210,000

683,333

893,333

Charge for year

-

18,518

18,518

At 31 March 2025

210,000

701,851

911,851

NET BOOK VALUE

At 31 March 2025

-

14,843

14,843

At 31 March 2024

-

33,361

33,361

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

268,851

Additions

13,130

At 31 March 2025

281,981

DEPRECIATION

At 1 April 2024

221,756

Charge for year

18,845

At 31 March 2025

240,601

NET BOOK VALUE

At 31 March 2025

41,380

At 31 March 2024

47,095

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,260,200

1,402,454

Other debtors

1,023,658

1,659,570

2,283,858

3,062,024

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

722,634

810,507

Taxation and social security

614,161

909,754

Other creditors

879,059

833,028

2,215,854

2,553,289

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

146,417

179,750

Between one and five years

24,938

119,750

171,355

299,500

10.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

6,721

2,811

Deferred

tax

£

Balance at 1 April 2024

2,811

Provided during year

3,910

Balance at 31 March 2025

6,721

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

97

Ordinary A

£1

97

97

97

Ordinary B

£1

97

97

194

194

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Director

Balance outstanding at start of year

381,089

377,733

Amounts advanced

329,961

658,614

Amounts repaid

(469,578

)

(655,258

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

241,472

381,089

Interest is charged at 2.25% per annum.

13.	ULTIMATE CONTROLLING PARTY

N Wootton was the ultimate controlling party during the period under review.