Company registration number 15169409 (England and Wales)
CARTER TRAVEL CO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
CARTER TRAVEL CO LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
CARTER TRAVEL CO LTD
BALANCE SHEET
AS AT 30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
111,311
99,147
Current assets
Debtors
5
28,991
14,131
Cash at bank and in hand
23,947
10,778
52,938
24,909
Creditors: amounts falling due within one year
6
(23,380)
(18,831)
Net current assets
29,558
6,078
Total assets less current liabilities
140,869
105,225
Creditors: amounts falling due after more than one year
7
(135,165)
(100,212)
Provisions for liabilities
-
(366)
Net assets
5,704
4,647
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
5,604
4,547
Total equity
5,704
4,647
CARTER TRAVEL CO LTD
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2025
30 November 2025
- 2 -

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

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.

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

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

The financial statements were approved by the board of directors and authorised for issue on 24 March 2026 and are signed on its behalf by:
Mr A M Carter
Director
Company registration number 15169409 (England and Wales)
CARTER TRAVEL CO LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

Carter Travel Co Ltd is a private company limited by shares incorporated in England and Wales. The registered office is North Hill, Reservoir Lane, Hedge End, Southampton, Hampshire, UK, SO30 4AX.

1.1
Basis of preparation

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
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Revenue comprises sales of services provided to customers net of value added tax and other sales taxes. Revenue is recognised when performance obligations are satisfied and the control of services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

1.4
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:

Office Equipment
5 years
Motor vehicles
25% 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.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

CARTER TRAVEL CO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
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 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, loans from fellow group companies and preference shares that are classified as debt, 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.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Taxation

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

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.

CARTER TRAVEL CO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 5 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
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.

1.9
Retirement benefits

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

1.10
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

1.11

Change in accounting estimate

Based on new information available to the directors, the estimated useful life and residual value of motor vehicles has been amended to more accurately reflect the consumption of economic benefit of those assets. This change in accounting estimate has accelerated the depreciation charge in the year and reduced the carrying value of motor vehicles by £14,935.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

CARTER TRAVEL CO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
3
Employees

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

2025
2024
Number
Number
Total
7
5
4
Tangible fixed assets
Office Equipment
Motor vehicles
Total
£
£
£
Cost
At 1 December 2024
1,541
104,441
105,982
Additions
1,224
37,329
38,553
At 30 November 2025
2,765
141,770
144,535
Depreciation and impairment
At 1 December 2024
178
6,657
6,835
Depreciation charged in the year
388
26,001
26,389
At 30 November 2025
566
32,658
33,224
Carrying amount
At 30 November 2025
2,199
109,112
111,311
At 30 November 2024
1,363
97,784
99,147
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
20,755
11,980
Other debtors
4,221
2,151
24,976
14,131
2025
2024
Amounts falling due after more than one year:
£
£
Deferred tax asset
4,015
-
0
Total debtors
28,991
14,131
CARTER TRAVEL CO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 7 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
954
3,600
Taxation and social security
6,000
3,836
Other creditors
16,426
11,395
23,380
18,831
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
135,165
100,212

Included within other creditors (due within one year and more than one year) are liabilities relating to hire purchase contracts, which are secured on the related asset. The total balance due in respect of these contracts at 30 November 2025 amount to £19,319 (2024 £Nil).

8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary 'A' of £1 each
50
50
50
50
Ordinary 'B' of £1 each
50
50
50
50
100
100
100
100
2025-11-30 2024-12-01 false false false 24 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr Arthur Carter Ms Rachael Carter 15169409 2024-12-01 2025-11-30 15169409 2025-11-30 15169409 2024-11-30 15169409 core:FurnitureFittings 2025-11-30 15169409 core:MotorVehicles 2025-11-30 15169409 core:FurnitureFittings 2024-11-30 15169409 core:MotorVehicles 2024-11-30 15169409 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 15169409 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 15169409 core:CurrentFinancialInstruments 2025-11-30 15169409 core:CurrentFinancialInstruments 2024-11-30 15169409 core:Non-currentFinancialInstruments 2025-11-30 15169409 core:Non-currentFinancialInstruments 2024-11-30 15169409 core:ShareCapital 2025-11-30 15169409 core:ShareCapital 2024-11-30 15169409 core:RetainedEarningsAccumulatedLosses 2025-11-30 15169409 core:RetainedEarningsAccumulatedLosses 2024-11-30 15169409 core:ShareCapitalOrdinaryShareClass1 2025-11-30 15169409 core:ShareCapitalOrdinaryShareClass1 2024-11-30 15169409 core:ShareCapitalOrdinaryShareClass2 2025-11-30 15169409 core:ShareCapitalOrdinaryShareClass2 2024-11-30 15169409 core:ShareCapitalOrdinaryShares 2025-11-30 15169409 core:ShareCapitalOrdinaryShares 2024-11-30 15169409 bus:Director1 2024-12-01 2025-11-30 15169409 core:FurnitureFittings 2024-12-01 2025-11-30 15169409 core:MotorVehicles 2024-12-01 2025-11-30 15169409 2023-12-01 2024-11-30 15169409 core:FurnitureFittings 2024-11-30 15169409 core:MotorVehicles 2024-11-30 15169409 2024-11-30 15169409 core:AfterOneYear 2025-11-30 15169409 core:AfterOneYear 2024-11-30 15169409 bus:OrdinaryShareClass1 2024-12-01 2025-11-30 15169409 bus:OrdinaryShareClass2 2024-12-01 2025-11-30 15169409 bus:OrdinaryShareClass1 2025-11-30 15169409 bus:OrdinaryShareClass1 2024-11-30 15169409 bus:OrdinaryShareClass2 2025-11-30 15169409 bus:OrdinaryShareClass2 2024-11-30 15169409 bus:AllOrdinaryShares 2025-11-30 15169409 bus:AllOrdinaryShares 2024-11-30 15169409 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 15169409 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 15169409 bus:FRS102 2024-12-01 2025-11-30 15169409 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 15169409 bus:Director2 2024-12-01 2025-11-30 15169409 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP