Company registration number 04619874 (England and Wales)
TOMS HOLIDAYS LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
TOMS HOLIDAYS LIMITED
COMPANY INFORMATION
Director
Mr B J Downton
Company number
04619874
Registered office
Wessex House
Teign House
Newton Abbot
Devon
TQ12 4AA
Accountants
Darnells Chartered Accountants
Quay House
Quay Road
Newton Abbot
Devon
TQ12 2BU
Business address
3A Riviere Towans
Phillack
Hayle
Cornwall
TR27 5AT
TOMS HOLIDAYS LIMITED
CONTENTS
Page
Director's report
1
Accountants' report
2
Statement of income and retained earnings
3
Balance sheet
4 - 5
Notes to the financial statements
6 - 9
TOMS HOLIDAYS LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 1 -

The director presents his annual report and financial statements for the year ended 30 November 2025.

Principal activities
The principal activity of the company continued to be that of holiday letting agents.
Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr B J Downton
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr B J Downton
Director
26 June 2026
TOMS HOLIDAYS LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TOMS HOLIDAYS LIMITED FOR THE YEAR ENDED 30 NOVEMBER 2025
- 2 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Toms Holidays Limited for the year ended 30 November 2025 set out on pages 3 to 9 from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Toms Holidays Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Toms Holidays Limited and state those matters that we have agreed to state to the b oard of d irectors of Toms Holidays Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Toms Holidays Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Toms Holidays Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Toms Holidays Limited. You consider that Toms Holidays Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Toms Holidays Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Darnells Chartered Accountants
Date: ...........................
Quay House
Quay Road
Newton Abbot
Devon
TQ12 2BU
TOMS HOLIDAYS LIMITED
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
2025
2024
£
£
Turnover
1,019,371
999,649
Cost of sales
(168,201)
(129,755)
Gross profit
851,170
869,894
Administrative expenses
(777,657)
(664,556)
Operating profit
73,513
205,338
Interest receivable and similar income
467
-
0
Interest payable and similar expenses
(4,152)
(4,323)
Profit before taxation
69,828
201,015
Tax on profit
(55,102)
(42,634)
Profit for the financial year
14,726
158,381
Retained earnings brought forward
411,744
388,013
Dividends
(134,500)
(134,650)
Retained earnings carried forward
291,970
411,744

The profit and loss account has been prepared on the basis that all operations are continuing operations.

TOMS HOLIDAYS LIMITED
BALANCE SHEET
AS AT 30 NOVEMBER 2025
30 November 2025
- 4 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
-
0
15,492
Tangible assets
4
519,881
412,804
519,881
428,296
Current assets
Stocks
2,000
2,000
Debtors
5
62,276
81,924
Cash at bank and in hand
5,655
98,244
69,931
182,168
Creditors: amounts falling due within one year
6
(198,486)
(91,576)
Net current (liabilities)/assets
(128,555)
90,592
Total assets less current liabilities
391,326
518,888
Creditors: amounts falling due after more than one year
7
(94,460)
(102,882)
Provisions for liabilities
(4,796)
(4,162)
Net assets
292,070
411,844
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
291,970
411,744
Total equity
292,070
411,844

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.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

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

TOMS HOLIDAYS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2025
30 November 2025
- 5 -
The financial statements were approved and signed by the director and authorised for issue on 26 June 2026
Mr B J Downton
Director
Company registration number 04619874 (England and Wales)
TOMS HOLIDAYS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
1
Accounting policies
Company information

Toms Holidays Limited is a private company limited by shares incorporated in England and Wales. The registered office is Wessex House, Teign House, Newton Abbot, Devon, TQ12 4AA.

1.1
Accounting convention

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 £1.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

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.

TOMS HOLIDAYS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 7 -

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:

Land and buildings Freehold
Nil
Fixtures, fittings & equipment
15% Reducing balance
Computer equipment
25% Straight line
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
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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.

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.

TOMS HOLIDAYS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 8 -
2
Employees

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

2025
2024
Number
Number
Total
22
23
3
Intangible fixed assets
Goodwill
£
Cost
At 1 December 2024 and 30 November 2025
281,633
Amortisation and impairment
At 1 December 2024
266,141
Amortisation charged for the year
15,492
At 30 November 2025
281,633
Carrying amount
At 30 November 2025
-
0
At 30 November 2024
15,492
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 December 2024
396,155
47,990
444,145
Additions
253,226
6,695
259,921
Disposals
(148,686)
-
0
(148,686)
At 30 November 2025
500,695
54,685
555,380
Depreciation and impairment
At 1 December 2024
-
0
31,341
31,341
Depreciation charged in the year
-
0
4,158
4,158
At 30 November 2025
-
0
35,499
35,499
Carrying amount
At 30 November 2025
500,695
19,186
519,881
At 30 November 2024
396,155
16,649
412,804
TOMS HOLIDAYS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 9 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
1,454
Amounts owed by group undertakings
-
0
74,000
Other debtors
62,276
6,470
62,276
81,924
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
8,421
8,112
Trade creditors
47,193
14,264
Amounts owed to group undertakings and undertakings in which the company has a participating interest
80,717
-
0
Corporation tax
54,468
42,954
Other taxation and social security
4,110
21,635
Other creditors
3,577
4,611
198,486
91,576

The loans are secured by floating charges over all the property or undertaking of the company.

7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
94,460
102,882

The long-term loans are secured by floating charges over all the property or undertaking of the company.

TOMS HOLIDAYS LIMITED
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2025
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