Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 false false true 2025-01-01 Tour operator activities 18 16 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05183176 2025-01-01 2025-12-31 05183176 2024-01-01 2024-12-31 05183176 2025-12-31 05183176 2024-12-31 05183176 c:Director2 2025-01-01 2025-12-31 05183176 d:Buildings d:ShortLeaseholdAssets 2025-01-01 2025-12-31 05183176 d:Buildings d:ShortLeaseholdAssets 2025-12-31 05183176 d:Buildings d:ShortLeaseholdAssets 2024-12-31 05183176 d:FurnitureFittings 2025-01-01 2025-12-31 05183176 d:FurnitureFittings 2025-12-31 05183176 d:FurnitureFittings 2024-12-31 05183176 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05183176 d:OfficeEquipment 2025-01-01 2025-12-31 05183176 d:OfficeEquipment 2025-12-31 05183176 d:OfficeEquipment 2024-12-31 05183176 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05183176 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05183176 d:ComputerSoftware 2025-12-31 05183176 d:ComputerSoftware 2024-12-31 05183176 d:CurrentFinancialInstruments 2025-12-31 05183176 d:CurrentFinancialInstruments 2024-12-31 05183176 d:Non-currentFinancialInstruments 2025-12-31 05183176 d:Non-currentFinancialInstruments 2024-12-31 05183176 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 05183176 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 05183176 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 05183176 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 05183176 d:ShareCapital 2025-12-31 05183176 d:ShareCapital 2024-12-31 05183176 d:SharePremium 2025-12-31 05183176 d:SharePremium 2024-12-31 05183176 d:RetainedEarningsAccumulatedLosses 2025-12-31 05183176 d:RetainedEarningsAccumulatedLosses 2024-12-31 05183176 d:AcceleratedTaxDepreciationDeferredTax 2025-12-31 05183176 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 05183176 d:OtherDeferredTax 2025-12-31 05183176 d:OtherDeferredTax 2024-12-31 05183176 c:FRS102 2025-01-01 2025-12-31 05183176 c:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 05183176 c:FullAccounts 2025-01-01 2025-12-31 05183176 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05183176 d:EntityControlledByKeyManagementPersonnel1 2025-01-01 2025-12-31 05183176 d:EntityControlledByKeyManagementPersonnel1 2025-12-31 05183176 d:EntityControlledByKeyManagementPersonnel1 2024-12-31 05183176 d:WithinOneYear 2025-12-31 05183176 d:WithinOneYear 2024-12-31 05183176 d:BetweenOneFiveYears 2025-12-31 05183176 d:BetweenOneFiveYears 2024-12-31 05183176 d:MoreThanFiveYears 2025-12-31 05183176 d:MoreThanFiveYears 2024-12-31 05183176 2 2025-01-01 2025-12-31 05183176 d:ComputerSoftware d:OwnedIntangibleAssets 2025-01-01 2025-12-31 05183176 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 05183176 GRAPE ESCAPES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
GRAPE ESCAPES LIMITED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GRAPE ESCAPES LIMITED FOR THE YEAR ENDED 31 DECEMBER 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grape Escapes Limited for the year ended 31 December 2025 which comprise the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us. This report is made solely to the Board of Directors of Grape Escapes 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 Grape Escapes Limited and state those matters that we have agreed to state to the Board of Directors of Grape Escapes Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grape Escapes Limited and its Board of Directors, as a body, for our work or for this report. It is your duty to ensure that Grape Escapes 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 Grape Escapes Limited. You consider that Grape Escapes Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the financial statements of Grape Escapes 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 financial statements. Xeinadin London Limited Accountants Level 5a Maple House 149 Tottenham Court Road London W1T 7NF 30 June 2026 Page 1
GRAPE ESCAPES LIMITED REGISTERED NUMBER: 05183176 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 2,319 |  | 4,969
Tangible assets | 5 |  | 11,179 |  | 4,442
|  |  | 13,498 |  | 9,411
Current assets |  |  |  |  |
Stocks |  | 983 |  | 905 |
Debtors: amounts falling due within one year | 6 | 188,928 |  | 110,002 |
Cash at bank and in hand | 7 | 1,614,209 |  | 1,622,716 |
|  | 1,804,120 |  | 1,733,623 |
Creditors: amounts falling due within one year | 8 | (724,822) |  | (781,692) |
Net current assets |  |  | 1,079,298 |  | 951,931
Total assets less current liabilities |  |  | 1,092,796 |  | 961,342
Creditors: amounts falling due after more than one year | 9 |  | (38,055) |  | (20,159)
Provisions for liabilities |  |  |  |  |
Deferred tax | 10 | - |  | (253) |
Other provision |  | (1,871) |  | (6,716) |
Net assets |  |  | 1,052,870 |  | 934,214
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 32,669 |  | 32,669
Share premium account |  |  | 5,334 |  | 5,334
Profit and loss account |  |  | 1,014,867 |  | 896,211
|  |  | 1,052,870 |  | 934,214
Page 2
GRAPE ESCAPES LIMITED REGISTERED NUMBER: 05183176 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. 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. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 June 2026.
M J Hallett
Director
The notes on pages 4 to 13 form part of these financial statements. Page 3
GRAPE ESCAPES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Grape Escapes Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is given in the Company Information page of these financial statements. The principal activity of the company during the year was that of tour operator activities. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. 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.
| 2.2 | Revenue recognition
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover represents amounts receivable from the sales of tours and other services supplied to customers net of VAT. Revenue and expenses relating to tours are taken to the profit and loss account on the date of return.
| 2.3 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 4
GRAPE ESCAPES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.6 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.7 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
| 2.8 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years. Intangible assets are amortised over a period of 3 years. Page 5
GRAPE ESCAPES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.9 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Short-term leasehold property | - |  | Over the remaining lease term
|  |  |  | Fixtures and fittings | - | 25% | Straight-Line Method
|  |  |  | Office equipment | - | 25% | Straight-Line Method
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.10 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.11 | Debtors
Short-term debtors are measured at transaction price, less any impairment. 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.
| 2.12 | 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.
| 2.13 | Creditors
Short-term creditors are measured at the transaction price. 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. Page 6
GRAPE ESCAPES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.14 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Basic 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 the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Page 7
GRAPE ESCAPES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.14 | Financial instruments (continued)
Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
| 2.15 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
| 2.16 | Advance receipts and payments
All revenue relating to tours with return dates after the accounting reference date is treated as advance receipts, and separately disclosed under other creditors. Payments made to suppliers in respect of these tours are included within prepayments.
| 2.17 | Provision for liabilities
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.
3. | Employees
| The average monthly number of employees, including directors, during the year was 18 (2024 - 16).
Page 8
GRAPE ESCAPES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. | Intangible assets
|  | Computer software
|  | £
| Cost |
| At 1 January 2025 | 27,650
| At 31 December 2025 | 27,650
| Amortisation |
| At 1 January 2025 | 22,681
| Charge for the year on owned assets | 2,650
| At 31 December 2025 | 25,331
| Net book value |
| At 31 December 2025 | 2,319
| At 31 December 2024 | 4,969
Page 9
GRAPE ESCAPES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
5. | Tangible fixed assets
|  | Short-term leasehold property | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 January 2025 | - | 2,568 | 40,558 | 43,126
| Additions | 6,345 | 1,703 | 1,911 | 9,959
| Disposals | - | (580) | (7,265) | (7,845)
| At 31 December 2025 | 6,345 | 3,691 | 35,204 | 45,240
| Depreciation |  |  |  |
| At 1 January 2025 | - | 2,541 | 36,143 | 38,684
| Charge for the year on owned assets | 793 | 276 | 2,153 | 3,222
| Disposals | - | (580) | (7,265) | (7,845)
| At 31 December 2025 | 793 | 2,237 | 31,031 | 34,061
| Net book value |  |  |  |
| At 31 December 2025 | 5,552 | 1,454 | 4,173 | 11,179
| At 31 December 2024 | - | 27 | 4,415 | 4,442
Page 10
GRAPE ESCAPES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 19,929 | 10,289
| Other debtors | 36,745 | 13,108
| Prepayments and accrued income | 121,409 | 74,572
| Tax recoverable | - | 12,033
| Deferred taxation | 10,845 | -
|  | 188,928 | 110,002
| Prepayments include £118,898 (2024: £71,212) of advance payments to suppliers in respect of future tours.
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,614,209 | 1,622,716
|  | 1,614,209 | 1,622,716
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 30,236 | 96,608
| Corporation tax | 86,826 | 85,193
| Other taxation and social security | 17,568 | 22,785
| Other creditors | 40,067 | 63,064
| Accruals and deferred income | 550,125 | 514,042
|  | 724,822 | 781,692
| Accruals and deferred income within 1 year include £436,052 (2024: £399,536) of amounts received from customers in respect of future tours.
Page 11
GRAPE ESCAPES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accruals and deferred income | 38,055 | 20,159
|  | 38,055 | 20,159
| Accruals and deferred income more than 1 year include £38,055 (2024: £20,159) of amounts received for future tours.
10. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (253)
| Charged to profit or loss | 11,098
| At end of year | 10,845
| The deferred taxation balance is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (2,327) | (641)
| Short term timing differences | 13,172 | 388
|  | 10,845 | (253)
11. | Contingent liabilities
The Company is a member of the Association of British Travel Agents Limited (ABTA). As at 31 December 2025 there were contingent liabilities given by the company in the normal course of business as a cash backed bond amounting to £1,376,692 (2024: £1,124,886). Page 12
GRAPE ESCAPES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
12. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £16,825 (2024: £15,518). Contributions totalling £3,190 (2024: £3,425) were payable to the fund at the reporting date and are included in creditors. The company also made a pension contribution for M Hallett of £50,000 during the year (2024: £50,000).
13. | Commitments under operating leases
| At 31 December 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 24,000 | -
| Later than 1 year and not later than 5 years | 96,000 | -
| Later than 5 years | 8,000 | -
|  | 128,000 | -
14. | Related party transactions
| The company is related to Grape Escapes Transport Limited by virtue of common control. At the balance sheet date £86 (2024: £86) was owed to Grape Escapes Transport Limited.
15. | Controlling party
The company is jointly controlled by M J Hallett & C L Hallett by virtue of their shareholding.
Page 13