ACCOUNTS - Final Accounts preparation

Cash and cash equivalents

Registered number: 05757607

ISON TRAVEL LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2025

ISON TRAVEL LIMITED

REGISTERED NUMBER: 05757607

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

	31 December	31 March
	2025	2025
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	1,526,000		1,144,066
Cash at bank and in hand	5	1,013,696		3,879
		2,539,696		1,147,945
Creditors: amounts falling due within one year	6	(2,275,640)		(937,700)
Net current assets			264,056		210,245
Total assets less current liabilities			264,056		210,245

Net assets			264,056		210,245

Capital and reserves
Called up share capital	7	40,000	40,000
Profit and loss account	8	224,056	170,245
		264,056	210,245

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 by:

H K Cannon

Director

Date: 2 April 2026

The notes on pages 2 to 5 form part of these financial statements.

Page 1

ISON TRAVEL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

ISON Travel Limited is a private company limited by shares incorporated in England and Wales, United Kingdom.

The registered office address is Helford House, Hook Heath Road, Woking, United Kingdom, GU22 0QE.

The principal activity of the compant in the year under review was that of a travel agent.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

These financial statements are presented in pound sterling, which is the Company's functional
currency. All amounts have been rounded to the nearest pound, unless otherwise indicated.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses are recognised in the profit and loss account.

2.3

Revenue

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. The following criteria must also be met before revenue is recognised:

Revenue represents amounts receivable from the sales of flights, visas and other travel related services supplied to customers net of VAT. Revenue is recognised at the point when an invoice is raised and when there is reasonable certainty that such transactions will be completed.

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ISON TRAVEL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Taxation

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.

2.5

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.

2.6

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.

2.7

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.

Employees

The average monthly number of employees, including directors, during the period was 1 (2025 - 2).

Debtors

					31 December	31 March
					2025	2025
					£	£


Amounts owed by group undertakings	-	1,144,066
Other debtors	1,526,000	-
	1,526,000	1,144,066

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ISON TRAVEL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

Cash at bank and in hand	1,013,696	3,879
	1,013,696	3,879

Trade creditors	206,232	908,289
Amounts owed to group undertakings	1,046,876	-
Corporation tax	41,532	24,161
Other creditors	975,000	-
Accruals and deferred income	6,000	5,250
	2,275,640	937,700

HSBC UK Bank PLC holds a charge over the Company. This includes fixed and floating charges which covers all assets and undertaking of the company present and future. The charge contains a negative pledge.

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ISON TRAVEL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

Allotted, called up and fully paid

40,000 (2025 - 40,000) Ordinary shares of £1.00 each	40,000	40,000

Reserves

Profit and loss account

Includes all current and prior period retained profit and losses and current year's profit.

9.	Contingent liabilities and regulatory requirements

The Company is an accredited agent of the International Air Transport Association (IATA).

As at 31 December 2025, there were contingent liabilities given by the Company in the normal course of business in respect of IATA bonds, amounting to £1,526,000.

10.	Controlling party

The Company is controlled by the Director.

11.	Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2025 was unqualified.

The audit report was signed on 2 April 2026 by Ian Palmer FCA (Senior Statutory Auditor) on behalf of Xeinadin Audit Limited.

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