| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st October 2025 |
| for |
| TRANSWORLD YACHTS SAILING LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st October 2025 |
| for |
| TRANSWORLD YACHTS SAILING LIMITED |
| TRANSWORLD YACHTS SAILING LIMITED (REGISTERED NUMBER: 05935105) |
| Contents of the Financial Statements |
| for the Year Ended 31st October 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| TRANSWORLD YACHTS SAILING LIMITED |
| Company Information |
| for the Year Ended 31st October 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Accountants |
| 89 Leigh Road |
| Eastleigh |
| Hampshire |
| SO50 9DQ |
| BANKERS: |
| Southampton Group |
| PO Box 2 |
| Southampton |
| Hampshire |
| SO14 2SB |
| TRANSWORLD YACHTS SAILING LIMITED (REGISTERED NUMBER: 05935105) |
| Balance Sheet |
| 31st October 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| TRANSWORLD YACHTS SAILING LIMITED (REGISTERED NUMBER: 05935105) |
| Balance Sheet - continued |
| 31st October 2025 |
| The financial statements were approved by the director and authorised for issue on |
| TRANSWORLD YACHTS SAILING LIMITED (REGISTERED NUMBER: 05935105) |
| Notes to the Financial Statements |
| for the Year Ended 31st October 2025 |
| 1. | STATUTORY INFORMATION |
| Transworld Yachts Sailing Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of goods and services and commission receivable on the sale of yachts, excluding value added tax. |
| Tangible fixed assets |
| Short leasehold | - |
| Plant and machinery | - |
| Motor vehicles | - |
| Office equipment | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 |
| TRANSWORLD YACHTS SAILING LIMITED (REGISTERED NUMBER: 05935105) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st October 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Short | Plant and | Motor | Office |
| leasehold | machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1st November 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31st October 2025 |
| DEPRECIATION |
| At 1st November 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31st October 2025 |
| NET BOOK VALUE |
| At 31st October 2025 |
| At 31st October 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Deposits held |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| 8. | ULTIMATE CONTROLLING PARTY |
| The controlling party is J P Mason. |