12 29/02/2024 2024-02-29 false false false false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-03-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 10474864 2023-03-01 2024-02-29 10474864 2024-02-29 10474864 2023-02-28 10474864 2022-03-01 2023-02-28 10474864 2023-02-28 10474864 core:PlantMachinery 2023-03-01 2024-02-29 10474864 core:FurnitureFittingsToolsEquipment 2023-03-01 2024-02-29 10474864 core:MotorVehicles 2023-03-01 2024-02-29 10474864 bus:Director1 2023-03-01 2024-02-29 10474864 core:NetGoodwill 2024-02-29 10474864 core:PlantMachinery 2023-02-28 10474864 core:FurnitureFittingsToolsEquipment 2023-02-28 10474864 core:MotorVehicles 2023-02-28 10474864 core:PlantMachinery 2024-02-29 10474864 core:FurnitureFittingsToolsEquipment 2024-02-29 10474864 core:MotorVehicles 2024-02-29 10474864 core:WithinOneYear 2024-02-29 10474864 core:WithinOneYear 2023-02-28 10474864 core:AfterOneYear 2024-02-29 10474864 core:AfterOneYear 2023-02-28 10474864 core:ShareCapital 2024-02-29 10474864 core:ShareCapital 2023-02-28 10474864 core:RetainedEarningsAccumulatedLosses 2024-02-29 10474864 core:RetainedEarningsAccumulatedLosses 2023-02-28 10474864 core:NetGoodwill 2023-02-28 10474864 core:PlantMachinery 2023-02-28 10474864 core:FurnitureFittingsToolsEquipment 2023-02-28 10474864 core:MotorVehicles 2023-02-28 10474864 bus:SmallEntities 2023-03-01 2024-02-29 10474864 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 10474864 bus:FullAccounts 2023-03-01 2024-02-29 10474864 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 10474864 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 10474864 core:NetGoodwill 2023-03-01 2024-02-29
Company registration number: 10474864
Brigantes Walking Holidays Limited
Unaudited filleted financial statements
29 February 2024
Brigantes Walking Holidays Limited
Contents
Statement of financial position
Notes to the financial statements
Brigantes Walking Holidays Limited
Statement of financial position
29 February 2024
2024 2023
Note £ £ £ £
Fixed assets
Intangible assets 5 - -
Tangible assets 6 11,785 14,608
_______ _______
11,785 14,608
Current assets
Debtors 7 17,481 27,594
Cash at bank and in hand 186,392 148,079
_______ _______
203,873 175,673
Creditors: amounts falling due
within one year 8 ( 173,300) ( 137,750)
_______ _______
Net current assets 30,573 37,923
_______ _______
Total assets less current liabilities 42,358 52,531
Creditors: amounts falling due
after more than one year 9 ( 13,333) ( 23,333)
Provisions for liabilities ( 2,852) ( 2,687)
_______ _______
Net assets 26,173 26,511
_______ _______
Capital and reserves
Called up share capital 10 10
Profit and loss account 26,163 26,501
_______ _______
Shareholders funds 26,173 26,511
_______ _______
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 08 April 2024 , and are signed on behalf of the board by:
Annette Hirst
Director
Company registration number: 10474864
Brigantes Walking Holidays Limited
Notes to the financial statements
Year ended 29 February 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bob's Laithe, Halton Gill, Skipton, North Yorkshire, BD23 5QN.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for the services rendered, net of discounts and Value Added Tax.Revenue from the provision of services is recognised in the period in which the services are provided when all of the following conditions are satisfied; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the entity; the stage of completion of the transaction at the end of the reporting period can be measured reliably and the costs incurred and costs to complete the transaction can be measured reliably.
Taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances and revaluation gains on investment properties. All deferred tax is charged/(credited) to the Statement of Income and Retained Earnings.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill - Over 5 years
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 20 % reducing balance
Fittings fixtures and equipment - 20 % reducing balance
Motor vehicles - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in a settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.
Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method. Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 12 (2023: 10 ).
5. Intangible assets
Goodwill Total
£ £
Cost
At 1 March 2023 and 29 February 2024 22,000 22,000
_______ _______
Amortisation
At 1 March 2023 and 29 February 2024 22,000 22,000
_______ _______
Carrying amount
At 29 February 2024 - -
_______ _______
At 28 February 2023 - -
_______ _______
6. Tangible assets
Plant and machinery Fixtures, fittings and equipment Motor vehicles Total
£ £ £ £
Cost
At 1 March 2023 1,920 2,192 40,217 44,329
Additions 117 - - 117
_______ _______ _______ _______
At 29 February 2024 2,037 2,192 40,217 44,446
_______ _______ _______ _______
Depreciation
At 1 March 2023 1,246 1,323 27,152 29,721
Charge for the year 153 173 2,614 2,940
_______ _______ _______ _______
At 29 February 2024 1,399 1,496 29,766 32,661
_______ _______ _______ _______
Carrying amount
At 29 February 2024 638 696 10,451 11,785
_______ _______ _______ _______
At 28 February 2023 674 869 13,065 14,608
_______ _______ _______ _______
7. Debtors
2024 2023
£ £
Other debtors 17,481 27,594
_______ _______
8. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Corporation tax 17,547 15,028
Social security and other taxes 11,803 15,056
Other creditors 133,950 97,666
_______ _______
173,300 137,750
_______ _______
9. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans and overdrafts 13,333 23,333
_______ _______