The Tour Company (Europe) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03713804 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

The Tour Company (Europe) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs. N K Vasili

SECRETARY:

Mr. P L Vasili

REGISTERED OFFICE:

Mabel House

1 Weston Green

Thames Ditton

Surrey

KT7 0JP

REGISTERED NUMBER:

03713804 (England and Wales)

ACCOUNTANTS:

CWF & Partners Ltd

Chartered Accountants

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

FIXED ASSETS

Tangible assets

5

956

1,124

Investment property

6

800,000

800,956

801,124

CURRENT ASSETS

Debtors

7

4,727

4,647

Cash at bank

2,303

2,133

7,030

6,780

CREDITORS

Amounts falling due within one year

8

7,466

11,173

NET CURRENT LIABILITIES

(436

)

(4,393

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

800,520

796,731

CREDITORS

Amounts falling due after more than one
year

9

(267,840

)

(267,840

)

PROVISIONS FOR LIABILITIES

(56,309

)

(56,309

)

NET ASSETS

476,371

472,582

CAPITAL AND RESERVES

Called up share capital

11

100

Fair value reserve

12

342,599

Retained earnings

12

133,672

129,883

SHAREHOLDERS' FUNDS

476,371

472,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 26 November 2025 and were signed by:

Mrs. N K Vasili - Director

1.	STATUTORY INFORMATION

The Tour Company (Europe) 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 as modified by the recognition of certain financial assets and liabilities measured at fair value.

Turnover

Turnover represents the total invoice value for sales made during the year and rent receivable.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 March 2024

and 28 February 2025

10,297

DEPRECIATION

At 1 March 2024

9,173

Charge for year

168

At 28 February 2025

9,341

NET BOOK VALUE

At 28 February 2025

956

At 29 February 2024

1,124

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

and 28 February 2025

800,000

NET BOOK VALUE

At 28 February 2025

800,000

At 29 February 2024

800,000

The investment property is valued annually by the director on a fair value basis.

The historical cost of the investment property amounts to £401,092 (2024 - £401,092).

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

Trade debtors

3,770

Other debtors

957

877

4,727

4,647

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

Bank loans and overdrafts

3,413

6,143

Taxation and social security

1,847

-

Other creditors

2,206

5,030

7,466

11,173

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

28.2.25

29.2.24

£

Bank loans

267,840

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

267,840

10.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

29.2.24

£

Bank loans

271,253

273,983

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

100

Ordinary

£1

100

12.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 March 2024

129,883

342,599

472,482

Profit for the year

9,789

-

9,789

Dividends

(6,000

)

-

(6,000

)

At 28 February 2025

133,672

342,599

476,271