Thames Travel Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 02308372

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,838		94

			1,838		94
CURRENT ASSETS
Debtors	5	13,458		15,448
Investments	6	113,905		108,941
Cash at bank and in hand		261,030		249,504

		388,393		373,893
Creditors: Amounts Falling Due Within One Year	7	(160,577 )		(213,983 )

NET CURRENT ASSETS (LIABILITIES)			227,816		159,910

TOTAL ASSETS LESS CURRENT LIABILITIES			229,654		160,004

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(432 )		-

NET ASSETS			229,222		160,004

CAPITAL AND RESERVES
Called up share capital	9		20,000		20,000
Income Statement			209,222		140,004

SHAREHOLDERS' FUNDS			229,222		160,004

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Thames Travel Limited

Statement of Financial Position (continued)

As At 31 December 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr J H Green

Director

19/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Thames Travel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02308372 . The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

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

2.2. Turnover

Turnover represents commission arising on the sale of an eastate agent. Commission is recognised when the company's contractual right to such income is established and to the extent that the company's relevant obligations under the contract have been performed.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

the stage if completion of the transaction can be measured reliably; and

the costs incurred for the transaction and the costs to complete the transaction can be measured reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33% on cost
Fixtures & Fittings	20% on cost
Computer Equipment	20% on cost

2.4. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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.

...CONTINUED

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Thames Travel Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

2.7. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8. Debtors and Creditors

Short term debtors and creditors are measured at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	280	2,908	-	3,188
Additions	-	439	1,637	2,076
Disposals	-	(90 )	-	(90 )

As at 31 December 2025	280	3,257	1,637	5,174

Depreciation
As at 1 January 2025	186	2,908	-	3,094
Provided during the period	93	36	203	332
Disposals	-	(90 )	-	(90 )

As at 31 December 2025	279	2,854	203	3,336

Net Book Value
As at 31 December 2025	1	403	1,434	1,838

As at 1 January 2025	94	-	-	94

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Thames Travel Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	228	6,623
Prepayments and accrued income	13,230	8,825

	13,458	15,448

6. Current Asset Investments

	2025	2024
	£	£
Unlisted investments	113,905	108,941

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	79,708	149,992
Corporation tax	19,634	10,325
Other taxes and social security	3,063	3,261
VAT	14,518	14,841
Other creditors	-	10,000
Accruals and deferred income	18,654	25,560
Directors' loan accounts	25,000	4

	160,577	213,983

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Accelerated capital allowances	432	-

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
16,000 Ordinary A shares of £ 1.00 each	16,000	16,000
2,000 Ordinary B shares of £ 1.00 each	2,000	2,000
2,000 Ordinary C shares of £ 1.00 each	2,000	2,000

	20,000	20,000

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