Horsey Tours Ltd - Filleted accounts

Registered number

08187275

Horsey Tours Ltd

Filleted Accounts

31 August 2025

Horsey Tours Ltd
Registered number:		08187275
Balance Sheet
as at 31 August 2025

	Notes		2025		2024
			£		£
Fixed assets
Tangible assets	3		260,687		185,360

Current assets
Debtors	4	51,679		84,264
Cash at bank and in hand		550,175		405,543
		601,854		489,807

Creditors: amounts falling due within one year	5	(234,969)		(226,626)

Net current assets			366,885		263,181

Total assets less current liabilities			627,572		448,541


Provisions for liabilities			(65,172)		(46,340)


Net assets			562,400		402,201

Capital and reserves
Called up share capital			100		100
Profit and loss account			562,300		402,101

Shareholders' funds			562,400		402,201

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr C G Horsey
Director
Approved by the board on 30 May 2026

Horsey Tours Ltd
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery etc	15% reducing balance
	Motor vehicles	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025	2024
			Number	Number

	Average number of persons employed by the company		2	2


3	Tangible fixed assets
		Plant and machinery etc	Motor vehicles	Total
		£	£	£
	Cost
	At 1 September 2024	8,280	336,180	344,460
	Additions	1,852	218,617	220,469
	Disposals	-	(151,883)	(151,883)
	At 31 August 2025	10,132	402,914	413,046

	Depreciation
	At 1 September 2024	4,550	154,550	159,100
	Charge for the year	837	85,314	86,151
	On disposals	-	(92,892)	(92,892)
	At 31 August 2025	5,387	146,972	152,359

	Net book value
	At 31 August 2025	4,745	255,942	260,687
	At 31 August 2024	3,730	181,630	185,360


4	Debtors		2025	2024
			£	£

	Trade debtors		34,415	30,646
	Other debtors		17,264	53,618
			51,679	84,264


5	Creditors: amounts falling due within one year		2025	2024
			£	£

	Trade creditors		45,589	43,282
	Taxation and social security costs		85,357	70,277
	Other creditors		104,023	113,067
			234,969	226,626


6	Other information

	Horsey Tours Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	145-157 St John Street
	London
	EC1V 4PW