REGISTERED NUMBER: 11930689 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2026

for

WORLD EXPLORER TRAVEL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

M D'Agostino

P H Shah

N Kolesnikov

M A Curiel

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

London

London

WC2H 9JQ

REGISTERED NUMBER:

11930689 (England and Wales)

ACCOUNTANTS:

Maven Accountants Limited

PO Box 1882

Southampton

Hampshire

SO15 9JZ

FIXED ASSETS

Intangible assets

5

18,604

27,534

Tangible assets

6

50,221

52,659

68,825

80,193

CURRENT ASSETS

Debtors

7

3,717,384

2,594,571

Prepayments and accrued income

33,398

-

Cash at bank

843,206

796,064

4,593,988

3,390,635

CREDITORS

Amounts falling due within one year

8

6,238,231

4,997,692

NET CURRENT LIABILITIES

(1,644,243

)

(1,607,057

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,575,418

)

(1,526,864

)

CREDITORS

Amounts falling due after more than one year

9

(48,768

)

(133,791

)

PROVISIONS FOR LIABILITIES

(11,551

)

(154,733

)

NET LIABILITIES

(1,635,737

)

(1,815,388

)

CAPITAL AND RESERVES

Called up share capital

10

71,440

71,440

Retained earnings

(1,707,177

)

(1,886,828

)

SHAREHOLDERS' FUNDS

(1,635,737

)

(1,815,388

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2026 and were signed on its behalf by:

M D'Agostino - Director

1.	STATUTORY INFORMATION

World Explorer Travel 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

At the year-end the Company had net liabilities of (£1,635,737). The directors have undertaken forecasts for 12 months from the date of signing the accounts and are confident the company can continue as a Going Concern. On this basis the directors believe it is appropriate to continue to prepare the Accounts on a Going Concern basis.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Assets are depreciated over 3 years.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2025

and 30 April 2026

35,720

AMORTISATION

At 1 May 2025

8,186

Charge for year

8,930

At 30 April 2026

17,116

NET BOOK VALUE

At 30 April 2026

18,604

At 30 April 2025

27,534

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2025

1,018,571

Additions

19,781

At 30 April 2026

1,038,352

DEPRECIATION

At 1 May 2025

965,912

Charge for year

22,219

At 30 April 2026

988,131

NET BOOK VALUE

At 30 April 2026

50,221

At 30 April 2025

52,659

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

1,793,427

1,242,788

Amounts owed by group undertakings

608

-

Other debtors

1,923,349

1,351,783

3,717,384

2,594,571

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans and overdrafts

85,023

78,119

Trade creditors

988,503

592,479

Taxation and social security

3,999

2,358

Other creditors

5,160,706

4,324,736

6,238,231

4,997,692

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans

48,768

133,791

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

£

71,440

Ordinary

£1

71,440

71,440

On the 13th June 2024 the Company made a fresh issue of 35,720 Ordinary Shares of £1 each. Further, on the 13th June 2024 the Company entered into a share re-classification whereby 2 x new classes of shares were established- B & C Shares, in addition to the Company's Ordinary Shares. No B & C Shares were issued to the date of the signing of the Balance Sheet.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2026 and 30 April 2025:

30.4.26

30.4.25

£

£

M D'Agostino

Balance outstanding at start of year

5,686

5,686

Amounts advanced

3,815

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,501

5,686

At the year-end the Director, M D'Agostino, owed the Company £9,501 (2025:£5,686). This sum is interest-free. The amount was re-paid within 9 months of the year-end.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of World Explorer Travel Limited for the year ended 30 April 2026 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that World Explorer Travel 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 World Explorer Travel Limited. You consider that World Explorer Travel 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 World Explorer Travel 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.

Maven Accountants Limited

PO Box 1882

Southampton

Hampshire

SO15 9JZ

16 September 2026