Company registration number 02463618 (England and Wales)
WOODS TRAVEL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
3 Acorn Business Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
PO6 3TH
WOODS TRAVEL LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 9
WOODS TRAVEL LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr. R Elsmere
Miss. K Elsmere
Mrs. T Shaw-Morton
Secretary
Mrs. T Shaw-Morton
Company number
02463618
Registered office
Park Chambers
Park Road
Bognor Regis
West Sussex
United Kingdom
PO21 2PX
Accountants
TC Group
3 Acorn Business Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
PO6 3TH
WOODS TRAVEL LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
969,373
757,585
Current assets
Stocks
1,942
5,330
Debtors
4
470,929
435,083
Investments
5
485,000
425,000
Cash at bank and in hand
2,288,812
2,364,036
3,246,683
3,229,449
Creditors: amounts falling due within one year
6
(2,055,722)
(2,172,110)
Net current assets
1,190,961
1,057,339
Total assets less current liabilities
2,160,334
1,814,924
Creditors: amounts falling due after more than one year
7
(221,950)
(187,400)
Provisions for liabilities
8
(229,543)
(186,404)
Net assets
1,708,841
1,441,120
Capital and reserves
Called up share capital
9
25,000
25,000
Profit and loss reserves
1,683,841
1,416,120
Total equity
1,708,841
1,441,120
WOODS TRAVEL LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2025
31 August 2025
- 3 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 6 January 2026 and are signed on its behalf by:
Mrs. T Shaw-Morton
Director
Company Registration No. 02463618
The notes on pages 4 to 9 form part of these financial statements
WOODS TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 4 -
1
Accounting policies
Company information

Woods Travel Limited is a private company limited by shares incorporated in England and Wales. The registered office is Park Chambers, Park Road, Bognor Regis, West Sussex, United Kingdom, PO21 2PX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

The turnover shown in the profit and loss account represents income from inclusive tours, private hire and other services provided to customers. Revenues and direct expenses relating to inclusive tours, private hire and insurance are taken to the profit and loss account on a departure date basis. Revenue relating to commission on third party leisure travel products is recognised when earned.

Revenue is measured at the fair value of the consideration received exclusive of Value Added Tax.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
Over the period of the lease
Coaches
20% on reducing balance
Fixtures, fittings & office equipment
20% and 25% on reducing balance
Other vehicles
20% on reducing balance

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.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

1.5
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand.

WOODS TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 5 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include current asset investments, debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

WOODS TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 6 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
54
36
WOODS TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 7 -
3
Tangible fixed assets
Leasehold improvements
Coaches
Fixtures, fittings & office equipment
Other vehicles
Total
£
£
£
£
£
Cost
At 1 September 2024
4,857
2,267,800
52,507
46,350
2,371,514
Additions
-
0
302,000
41,939
48,000
391,939
Disposals
-
0
(160,000)
(17,500)
(24,900)
(202,400)
At 31 August 2025
4,857
2,409,800
76,946
69,450
2,561,053
Depreciation and impairment
At 1 September 2024
4,857
1,535,958
45,267
27,847
1,613,929
Depreciation charged in the year
-
0
151,051
6,520
7,233
164,804
Eliminated in respect of disposals
-
0
(152,452)
(14,885)
(19,716)
(187,053)
At 31 August 2025
4,857
1,534,557
36,902
15,364
1,591,680
Carrying amount
At 31 August 2025
-
0
875,243
40,044
54,086
969,373
At 31 August 2024
-
0
731,842
7,240
18,503
757,585
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
6,880
-
0
Other debtors
464,049
435,083
470,929
435,083
5
Current asset investments
2025
2024
£
£
Fixed income deposits
485,000
425,000
WOODS TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 8 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
14,916
2,238
Trade creditors
73,999
68,331
Taxation and social security
104,659
108,237
Other creditors
1,862,148
1,993,304
2,055,722
2,172,110

The aggregate amount of creditors for which security has been given amounted to £116,450 (2024 - £7 8,700).

7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
221,950
187,400

The aggregate amount of creditors for which security has been given amounted to £221,950 (2024 - £1 87,400).

8
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
229,543
186,404
9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
25,000
25,000
25,000
25,000
WOODS TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 9 -
10
Operating lease commitments

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
406,026
477,510
2025-08-31 2024-09-01 false false false CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr. R Elsmere Miss. K Elsmere Mrs Tina Shaw-Morton Mrs. T Shaw-Morton 02463618 2024-09-01 2025-08-31 02463618 bus:Director1 2024-09-01 2025-08-31 02463618 bus:Director2 2024-09-01 2025-08-31 02463618 bus:CompanySecretaryDirector1 2024-09-01 2025-08-31 02463618 bus:CompanySecretary1 2024-09-01 2025-08-31 02463618 bus:Director3 2024-09-01 2025-08-31 02463618 bus:RegisteredOffice 2024-09-01 2025-08-31 02463618 2025-08-31 02463618 2024-08-31 02463618 core:LandBuildings 2025-08-31 02463618 core:PlantMachinery 2025-08-31 02463618 core:FurnitureFittings 2025-08-31 02463618 core:MotorVehicles 2025-08-31 02463618 core:LandBuildings 2024-08-31 02463618 core:PlantMachinery 2024-08-31 02463618 core:FurnitureFittings 2024-08-31 02463618 core:MotorVehicles 2024-08-31 02463618 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 02463618 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 02463618 core:CurrentFinancialInstruments 2025-08-31 02463618 core:CurrentFinancialInstruments 2024-08-31 02463618 core:Non-currentFinancialInstruments 2025-08-31 02463618 core:Non-currentFinancialInstruments 2024-08-31 02463618 core:ShareCapital 2025-08-31 02463618 core:ShareCapital 2024-08-31 02463618 core:RetainedEarningsAccumulatedLosses 2025-08-31 02463618 core:RetainedEarningsAccumulatedLosses 2024-08-31 02463618 core:ShareCapitalOrdinaryShareClass1 2025-08-31 02463618 core:ShareCapitalOrdinaryShareClass1 2024-08-31 02463618 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-09-01 2025-08-31 02463618 core:PlantMachinery 2024-09-01 2025-08-31 02463618 core:FurnitureFittings 2024-09-01 2025-08-31 02463618 core:MotorVehicles 2024-09-01 2025-08-31 02463618 2023-09-01 2024-08-31 02463618 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-08-31 02463618 core:PlantMachinery 2024-08-31 02463618 core:FurnitureFittings 2024-08-31 02463618 core:MotorVehicles 2024-08-31 02463618 2024-08-31 02463618 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-08-31 02463618 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 02463618 bus:OrdinaryShareClass1 2024-08-31 02463618 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 02463618 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 02463618 bus:FRS102 2024-09-01 2025-08-31 02463618 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 02463618 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP