REGISTERED NUMBER: 03826560 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

EXCURSIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

Mr R P N Woodard

Mrs A M Woodard

Mr O L N Woodard

Mr B P Woodard

SECRETARY:

Mr R P N Woodard

REGISTERED OFFICE:

Unit 4 Barton Court

11 - 12 High Street

Highworth

Swindon

Wiltshire

SN6 7AG

REGISTERED NUMBER:

03826560 (England and Wales)

ACCOUNTANTS:

Banks BHG, Chartered Accountants

Vicarage Court

160 Ermin Street

Swindon

Wiltshire

SN3 4NE

FIXED ASSETS

Tangible assets

2

10,580

7,721

CURRENT ASSETS

Debtors

254,183

174,141

Cash at bank and in hand

187,424

149,544

441,607

323,685

CREDITORS

Amounts falling due within one year

409,138

307,789

NET CURRENT ASSETS

32,469

15,896

TOTAL ASSETS LESS CURRENT LIABILITIES

43,049

23,617

PROVISIONS FOR LIABILITIES

1,626

832

NET ASSETS

41,423

22,785

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

41,421

22,783

SHAREHOLDERS' FUNDS

41,423

22,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 August 2014 and were signed on its behalf by:

Mr R P N Woodard - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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

-

20% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange

ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at

the rate of exchange ruling at the date of transaction. Exchange differences are taken into account

in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates two defined contribution pension schemes. Both schemes are group

personal pension schemes. Employer's contributions are charged in the profit and loss account as

they become payable in accordance with the rules of the scheme.

Leased assets

Payments made in respect of operating leases are charged to the profit and loss account on a

straight line basis over the lease term.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

18,239

Additions

6,989

At 31 March 2014

25,228

DEPRECIATION

At 1 April 2013

10,518

Charge for year

4,130

At 31 March 2014

14,648

NET BOOK VALUE

At 31 March 2014

10,580

At 31 March 2013

7,721

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2014

and 31 March 2013:

31.3.14

31.3.13

£

£

Mr R P N Woodard

Balance outstanding at start of year

(41

)

(34

)

Amounts advanced

25,340

14,602

Amounts repaid

(24,640

)

(14,609

)

Balance outstanding at end of year

659

(41

)

Mr O L N Woodard

Balance outstanding at start of year

-

-

Amounts advanced

7,644

-

Amounts repaid

(7,115

)

-

Balance outstanding at end of year

529

-

Mr B P Woodard

Balance outstanding at start of year

-

-

Amounts advanced

4,648

-

Amounts repaid

(7,650

)

-

Balance outstanding at end of year

(3,002

)

-

During the year, interest paid on loans to the directors amounted to £nil (2013: £nil). Loans to the

directors from the company are repayable on demand.

5.

CONTROL

The company is under the joint control of the two shareholders, R P N Woodard and Mrs A M

Woodard. No one individual controls the company.

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages two to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Excursions Limited for the year ended 31 March 2014 which

comprise the Profit and Loss Account, the Balance Sheet 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 at

icaew.com/membershandbook.

This report is made solely to the Board of Directors of Excursions 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 Excursions Limited and state those matters that we have agreed to state to the Board of

Directors of Excursions Limited, as a body, in this report in accordance with AAF 2/10 as detailed at

icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility

to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Excursions 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 Excursions Limited. You consider that Excursions 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 Excursions

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.

Banks BHG, Chartered Accountants

Vicarage Court

160 Ermin Street

Swindon

Wiltshire

SN3 4NE

29 August 2014