REGISTERED NUMBER: 09955438 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

XTS EXECUTIVE TRAVEL SERVICE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M J Robinson

G M Robinson

REGISTERED OFFICE:

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

REGISTERED NUMBER:

09955438 (England and Wales)

ACCOUNTANTS:

Crombies Accountants Limited

Chartered Accountants

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

FIXED ASSETS

Tangible assets

4

138,255

80,991

CURRENT ASSETS

Debtors

5

99,437

83,999

Prepayments and accrued income

2,969

1,777

Cash at bank and in hand

20,009

59,338

122,415

145,114

CREDITORS

Amounts falling due within one year

6

109,887

102,220

NET CURRENT ASSETS

12,528

42,894

TOTAL ASSETS LESS CURRENT LIABILITIES

150,783

123,885

CREDITORS

Amounts falling due after more than one year

7

113,488

66,804

NET ASSETS

37,295

57,081

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

37,275

57,061

SHAREHOLDERS' FUNDS

37,295

57,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2026 and were signed on its behalf by:

M J Robinson - Director

G M Robinson - Director

1.	STATUTORY INFORMATION

XTS Executive Travel Service Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

135,552

698

136,250

Additions

112,741

1,029

113,770

Disposals

(51,667

)

-

(51,667

)

At 31 December 2025

196,626

1,727

198,353

DEPRECIATION

At 1 January 2025

54,561

698

55,259

Charge for year

26,108

124

26,232

Eliminated on disposal

(21,393

)

-

(21,393

)

At 31 December 2025

59,276

822

60,098

NET BOOK VALUE

At 31 December 2025

137,350

905

138,255

At 31 December 2024

80,991

-

80,991

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

108,333

Additions

112,741

Disposals

(51,667

)

At 31 December 2025

169,407

DEPRECIATION

At 1 January 2025

32,161

Charge for year

24,903

Eliminated on disposal

(21,393

)

At 31 December 2025

35,671

NET BOOK VALUE

At 31 December 2025

133,736

At 31 December 2024

76,172

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

45,944

35,368

Amounts owed by group undertakings

53,493

48,631

99,437

83,999

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,351

5,453

Hire purchase contracts

29,552

15,207

Trade creditors

15,380

17,365

Amounts owed to group undertakings

46,385

46,216

Taxation and social security

11,019

15,929

Other creditors

2,200

2,050

109,887

102,220

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

20,957

26,811

Hire purchase contracts

92,531

39,993

113,488

66,804

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,905

10,452

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

122,083

55,200

Hire purchase creditors are secured by a charge over the assets to which they relate.