IRIS Accounts Production v25.4.0.155 03268068 Board of Directors Board of Directors Board of Directors 1.9.24 31.8.25 31.8.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03268068 2024-08-31 03268068 2025-08-31 03268068 2024-09-01 2025-08-31 03268068 2023-08-31 03268068 2023-09-01 2024-08-31 03268068 2024-08-31 03268068 ns15:EnglandWales 2024-09-01 2025-08-31 03268068 ns14:PoundSterling 2024-09-01 2025-08-31 03268068 ns10:Director1 2024-09-01 2025-08-31 03268068 ns10:Director2 2024-09-01 2025-08-31 03268068 ns10:Director3 2024-09-01 2025-08-31 03268068 ns10:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 03268068 ns10:SmallEntities 2024-09-01 2025-08-31 03268068 ns10:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 03268068 ns10:SmallCompaniesRegimeForDirectorsReport 2024-09-01 2025-08-31 03268068 ns10:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 03268068 ns10:FullAccounts 2024-09-01 2025-08-31 03268068 ns10:RegisteredOffice 2024-09-01 2025-08-31 03268068 ns5:CurrentFinancialInstruments 2025-08-31 03268068 ns5:CurrentFinancialInstruments 2024-08-31 03268068 ns5:Non-currentFinancialInstruments 2025-08-31 03268068 ns5:Non-currentFinancialInstruments 2024-08-31 03268068 ns5:ShareCapital 2025-08-31 03268068 ns5:ShareCapital 2024-08-31 03268068 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-08-31 03268068 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-08-31 03268068 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 03268068 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 03268068 ns5:LeaseholdImprovements 2024-09-01 2025-08-31 03268068 ns5:PlantMachinery 2024-09-01 2025-08-31 03268068 ns5:MotorVehicles 2024-09-01 2025-08-31 03268068 ns5:LeaseholdImprovements 2024-08-31 03268068 ns5:PlantMachinery 2024-08-31 03268068 ns5:MotorVehicles 2024-08-31 03268068 ns5:LeaseholdImprovements 2025-08-31 03268068 ns5:PlantMachinery 2025-08-31 03268068 ns5:MotorVehicles 2025-08-31 03268068 ns5:LeaseholdImprovements 2024-08-31 03268068 ns5:PlantMachinery 2024-08-31 03268068 ns5:MotorVehicles 2024-08-31 03268068 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-08-31 03268068 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-09-01 2025-08-31 03268068 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-08-31 03268068 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-08-31 03268068 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-08-31 03268068 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-08-31 03268068 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-08-31 03268068 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-08-31 03268068 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-08-31 03268068 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2024-08-31 03268068 ns5:MoreThanFiveYears ns5:HirePurchaseContracts 2025-08-31 03268068 ns5:MoreThanFiveYears ns5:HirePurchaseContracts 2024-08-31 03268068 ns5:HirePurchaseContracts 2025-08-31 03268068 ns5:HirePurchaseContracts 2024-08-31 03268068 ns5:WithinOneYear 2025-08-31 03268068 ns5:WithinOneYear 2024-08-31 03268068 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-08-31

REGISTERED NUMBER: 03268068 (England and Wales)

| CREIGIAU TRAVEL LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST AUGUST 2025 |

| CREIGIAU TRAVEL LIMITED (REGISTERED NUMBER: 03268068) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| CREIGIAU TRAVEL LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST AUGUST 2025

| DIRECTORS: | Mr RM Matthews

| Mrs LA Matthews

| Mr S M Matthews

| REGISTERED OFFICE: | Station Yard

| Station Road

| Creigiau

| Cardiff

| CF15 9NT

| REGISTERED NUMBER: | 03268068 (England and Wales)

| ACCOUNTANTS: | Carston ETL

| Tudor House

| 16 Cathedral Road

| Cardiff

| CF11 9LJ

| CREIGIAU TRAVEL LIMITED (REGISTERED NUMBER: 03268068) |

STATEMENT OF FINANCIAL POSITION

31ST AUGUST 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,674,048 |  | 1,355,378 |  |

CURRENT ASSETS

Stocks | 22,500 |  | 21,200 |  |

Debtors | 5 | 1,070,211 |  | 668,279 |  |

Cash and cash equivalents | 80,960 |  | 178,688 |  |

1,173,671 |  | 868,167 |  |

CREDITORS

Amounts falling due within one year | 6 | 562,817 |  | 460,539 |  |

NET CURRENT ASSETS | 610,854 |  | 407,628 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,284,902 |  | 1,763,006 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (599,859 | ) | (336,221 | ) |

PROVISIONS FOR LIABILITIES | (416,119 | ) | (336,298 | ) |

NET ASSETS | 1,268,924 |  | 1,090,487 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Fair value reserve | 10 | 7,424 |  | 8,680 |  |

Retained earnings | 1,261,400 |  | 1,081,707 |  |

1,268,924 |  | 1,090,487 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

| CREIGIAU TRAVEL LIMITED (REGISTERED NUMBER: 03268068) |

STATEMENT OF FINANCIAL POSITION - continued

31ST AUGUST 2025

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 Board of Directors and authorised for issue on 26th January 2026 and were signed on its behalf by:

Mrs LA Matthews - Director | Mr S M Matthews - Director

Mr RM Matthews - Director

| CREIGIAU TRAVEL LIMITED (REGISTERED NUMBER: 03268068) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

1. | STATUTORY INFORMATION

| Creigiau 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 as modified by the revaluation of certain assets.

| 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Improvements to property | - | in accordance with the property

| Plant and machinery | - | at varying rates on cost

| Motor vehicles | - | at variable rates on reducing balance

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

| CREIGIAU TRAVEL LIMITED (REGISTERED NUMBER: 03268068) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

2. | ACCOUNTING POLICIES - continued

| 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 60 (2024 - 61 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |  | Motor |

| property |  | machinery |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST OR VALUATION

| At 1st September 2024 | 109,469 |  | 115,175 |  | 2,311,006 |  | 2,535,650 |  |

| Additions | - |  | 8,249 |  | 670,500 |  | 678,749 |  |

| Disposals | - |  | - |  | (335,750 | ) | (335,750 | ) |

| At 31st August 2025 | 109,469 |  | 123,424 |  | 2,645,756 |  | 2,878,649 |  |

| DEPRECIATION

| At 1st September 2024 | 73,407 |  | 76,448 |  | 1,030,417 |  | 1,180,272 |  |

| Charge for year | 5,037 |  | 14,983 |  | 153,635 |  | 173,655 |  |

| Eliminated on disposal | - |  | - |  | (149,326 | ) | (149,326 | ) |

| At 31st August 2025 | 78,444 |  | 91,431 |  | 1,034,726 |  | 1,204,601 |  |

| NET BOOK VALUE

| At 31st August 2025 | 31,025 |  | 31,993 |  | 1,611,030 |  | 1,674,048 |  |

| At 31st August 2024 | 36,062 |  | 38,727 |  | 1,280,589 |  | 1,355,378 |  |

| Cost or valuation at 31st August 2025 is represented by:

| Improvements |

| to |  | Plant and |  | Motor |

| property |  | machinery |  | vehicles |  | Totals

£ | £ | £ | £ |

| Valuation in 2014 | - |  | - |  | 49,280 |  | 49,280 |  |

| Cost | 109,469 |  | 123,424 |  | 2,596,476 |  | 2,829,369 |  |

109,469 |  | 123,424 |  | 2,645,756 |  | 2,878,649 |  |

| If motor vehicles had not been revalued they would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 2,261,725 |  | 2,261,725 |  |

| Aggregate depreciation | 989,817 |  | 989,817 |  |

| Motor vehicles were valued on an open market basis on 31st August 2014 by the company directors .

| CREIGIAU TRAVEL LIMITED (REGISTERED NUMBER: 03268068) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST OR VALUATION

| At 1st September 2024 | 722,000 |  |

| Additions | 480,000 |  |

| Transfer to ownership | (275,000 | ) |

| At 31st August 2025 | 927,000 |  |

| DEPRECIATION

| At 1st September 2024 | 120,958 |  |

| Charge for year | 64,940 |  |

| Transfer to ownership | (112,100 | ) |

| At 31st August 2025 | 73,798 |  |

| NET BOOK VALUE

| At 31st August 2025 | 853,202 |  |

| At 31st August 2024 | 601,042 |  |

5. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 56,925 |  | 56,573 |  |

| Other debtors | 156,104 |  | 154,524 |  |

213,029 |  | 211,097 |  |

| Amounts falling due after more than one year:

| Amounts owed by group undertakings | 857,182 |  | 457,182 |  |

| Aggregate amounts | 1,070,211 |  | 668,279 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 8) | 181,332 |  | 183,270 |  |

| Trade creditors | 287,402 |  | 93,258 |  |

| Taxation and social security | (690 | ) | 79,738 |  |

| Other creditors | 94,773 |  | 104,273 |  |

562,817 |  | 460,539 |  |

| CREIGIAU TRAVEL LIMITED (REGISTERED NUMBER: 03268068) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 8) | 599,859 |  | 336,221 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Hire purchase | 118,047 |  | - |  |

8. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 181,332 |  | 183,270 |  |

| Between one and five years | 481,812 |  | 336,221 |  |

| In more than five years | 118,047 |  | - |  |

781,191 |  | 519,491 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 55,450 |  | 55,450 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 781,191 |  | 519,491 |  |

| The hire purchase and finance lease liabilities are secured on the specific asset to which the finance relates.

10. | RESERVES

| Fair

| value

| reserve

£ |

| At 1st September 2024 | 8,680 |  |

| Revaluation movement | (1,256 | ) |

| At 31st August 2025 | 7,424 |  |

| CREIGIAU TRAVEL LIMITED (REGISTERED NUMBER: 03268068) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

11. | RELATED PARTY DISCLOSURES

| As at the year end Creigiau Travel Limited was owed £857,182 (2024 - £457,182) by Creigiau Travel Employee Ownership Trustee Limited. The loan is unsecured, interest-free, and repayable on demand.

| Creigiau Travel Employee Ownership Trustee Limited own 60% of the Ordinary Share Capital of the company.

12. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Creigiau Travel Employee Ownership Trustee Limited.