REGISTERED NUMBER: 11771393 (England and Wales)

WOLDS TRAVEL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Warne

Mrs J A Warne

REGISTERED OFFICE:

130 Monks Dyke Road

Louth

Lincolnshire

LN11 8DX

REGISTERED NUMBER:

11771393 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe (Louth)

Chartered Certified Accountants

1 Eastgate

Louth

Lincolnshire

LN11 9NB

FIXED ASSETS

Intangible assets

3

53,687

55,437

Tangible assets

4

138,099

132,789

191,786

188,226

CURRENT ASSETS

Debtors

145,424

119,988

Cash at bank and in hand

50,028

29,366

195,452

149,354

CREDITORS

Amounts falling due within one year

198,566

172,168

NET CURRENT LIABILITIES

(3,114

)

(22,814

)

TOTAL ASSETS LESS CURRENT LIABILITIES

188,672

165,412

CREDITORS

Amounts falling due after more than one year

52,218

54,544

NET ASSETS

136,454

110,868

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

136,354

110,768

136,454

110,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 7 October 2026 and were signed on its behalf by:

N Warne - Director

1.	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.

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 businesses in 2020 and 2024, is being amortised evenly over its estimated useful life of ten years.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance and 15% on reducing balance

Computer equipment

-

33% 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2025 - 32 ) .

3.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

and 31 January 2026

64,500

AMORTISATION

At 1 February 2025

9,063

Amortisation for year

1,750

At 31 January 2026

10,813

NET BOOK VALUE

At 31 January 2026

53,687

At 31 January 2025

55,437

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

272,020

Additions

52,394

Disposals

(26,269

)

At 31 January 2026

298,145

DEPRECIATION

At 1 February 2025

139,231

Charge for year

36,412

Eliminated on disposal

(15,597

)

At 31 January 2026

160,046

NET BOOK VALUE

At 31 January 2026

138,099

At 31 January 2025

132,789

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

Totals

£

COST

At 1 February 2025

49,983

Additions

16,000

Transfer to ownership

(10,000

)

At 31 January 2026

55,983

DEPRECIATION

At 1 February 2025

24,324

Charge for year

8,080

Transfer to ownership

(7,234

)

At 31 January 2026

25,170

NET BOOK VALUE

At 31 January 2026

30,813

At 31 January 2025

25,659