The Travel Specialists Ltd - Filleted accounts

Registered number

06998048

The Travel Specialists Ltd

Unaudited Filleted Accounts

31 March 2026

The Travel Specialists Ltd
Registered number:		06998048
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		-			173

Current assets
Debtors	4	216,133			91,655
Investments held as current assets	5	361,936			461,355
Cash at bank and in hand		54,790			19,574
		632,859			572,584

Creditors: amounts falling due within one year	6	(260,493)			(225,462)

Net current assets			372,366			347,122

Total assets less current liabilities			372,366			347,295


Provisions for liabilities			(88)			(88)


Net assets			372,278			347,207

Capital and reserves
Called up share capital			30,010			30,010
Profit and loss account			342,268			317,197

Shareholders' funds			372,278			347,207

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




N French
Director
Approved by the board on 27 May 2026

The Travel Specialists Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents the total of all travel arrangements organised by the company travelling within the year, net of value added tax and discounts.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				53,501
	Disposals				(542)
	At 31 March 2026				52,959

	Depreciation
	At 1 April 2025				53,328
	Charge for the year				15
	On disposals				(384)
	At 31 March 2026				52,959

	Net book value
	At 31 March 2026				-
	At 31 March 2025				173


4	Debtors		2026		2025
£				£

	Other debtors		216,133		91,655


5	Investments held as current assets		2026		2025
£				£
	Fair value
	Listed investments		361,936		461,355

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Listed investments		(1,673)		4,349



6	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		39,626		26,971
	Taxation and social security costs		22,522		19,876
	Other creditors		198,345		178,615
			260,493		225,462


7	Controlling party

	The controlling party is Mr N French, the sole director and owner of a majority of the issued share capital of the company.


8	Other information

	The Travel Specialists Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	2nd Floor, Nucleus House
	2 Lower Mortlake Road
	Richmond
	TW9 2JA

9	Transaction with director
	At 31 March 2026, an amount of £109,898 was due from the director in respect of a director’s loan account. The balance was unsecured, interest free and repayable on demand. The amount was repaid in full before 31 December 2026.