Company registration number SC086571 (Scotland)
TARTAN GOLF INTERNATIONAL LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
TARTAN GOLF INTERNATIONAL LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 13
TARTAN GOLF INTERNATIONAL LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
5
7,392
17,229
Tangible assets
6
452,230
471,028
Investment property
7
-
0
210,000
Investments
8
1
1
459,623
698,258
Current assets
Stocks
26,857
36,162
Debtors
10
2,470,576
2,665,625
Investments
11
2,431,255
2,369,240
Cash at bank and in hand
2,409,480
1,935,557
7,338,168
7,006,584
Creditors: amounts falling due within one year
12
(2,682,281)
(2,757,774)
Net current assets
4,655,887
4,248,810
Net assets
5,115,510
4,947,068
Capital and reserves
Called up share capital
483,576
452,913
Share premium account
156,270
157,510
Capital redemption reserve
49,794
7,599
Profit and loss reserves
14
4,425,870
4,329,046
Total equity
5,115,510
4,947,068

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 15 July 2024 and are signed on its behalf by:
Ms A McLean
Director
Company registration number SC086571 (Scotland)
TARTAN GOLF INTERNATIONAL LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
Share capital
Share premium account
Capital redemption reserve
Profit and loss reserves
Total
Notes
£
£
£
£
£
Balance at 1 April 2022
417,420
146,670
7,599
3,960,180
4,531,869
Year ended 31 March 2023:
Profit and total comprehensive income
-
-
-
538,949
538,949
Issue of share capital
68,507
10,840
-
-
79,347
Bonus issue of shares
-
0
-
0
-
(65,102)
(65,102)
Own shares acquired
-
-
-
(104,981)
(104,981)
Redemption of shares
(33,014)
-
0
-
-
0
(33,014)
Balance at 31 March 2023
452,913
157,510
7,599
4,329,046
4,947,068
Year ended 31 March 2024:
Profit and total comprehensive income
-
-
-
336,177
336,177
Issue of share capital
72,857
13,520
-
-
86,377
Own shares acquired
-
-
-
(239,353)
(239,353)
Redemption of shares
(42,194)
(14,760)
42,195
-
0
(14,759)
Balance at 31 March 2024
483,576
156,270
49,794
4,425,870
5,115,510
TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
1
Accounting policies
Company information

Tartan Golf International Limited is a private company limited by shares incorporated in Scotland. The registered office is Birch House, Quarrywood Court, Livingston, West Lothian, EH54 6AX.

 

The Company's principal activity continues to be that of acting as a commercial agent negotiating the purchase of golf equipment for resale on behalf of the partners, as well as providing first class business solutions for all Tartan Golf International Limited ("TGI") partners.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The company is part of a small group and as such no consolidated group statutory financial statements are required to be prepared.

 

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

Ttruehe company has a strong Balance Sheet with high levels of cash reserves and current asset investments as a result of many years of high profits. The company continues to trade profitably. The financial statements have therefore been prepared on a going concern basis.

TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 4 -
1.3
Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

 

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

 

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

 

The company acts as an agent and collects amounts on behalf of suppliers. In accordance with FRS 102, these amounts are not recognised in the company’s turnover.

Interest income

Interest income is recognised in the Statement of Comprehensive Income using the effective interest method.

1.4
Intangible fixed assets other than goodwill

Intangible fixed assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

 

All intangible fixed assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
33% Straight Line
1.5
Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 5 -

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either the straight line or reducing balance method.

 

Depreciation is provided on the following basis:

Heritable Property
2% Straight Line
Fixtures and Fittings
15% Reducing Balance
Computers
33% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

 

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

1.6
Investment property

Investment property is carried at fair value determined annually by the Directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset, utilising a third party expert when required. No depreciation is provided. Changes in fair value are recognised in the Statement of Comprehensive Income.

 

1.7
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.8
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 6 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

 

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.9
Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

 

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of Comprehensive Income.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.10
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 7 -
1.11
Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

 

Financial assets that are measured at cost and 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 Comprehensive Income.

 

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

 

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

 

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 8 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.12
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.13
Taxation

Tax is recognised in the Statement of Comprehensive Income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

 

The current income tax charge is calculated on the basis of tax rates and laws that have been

enacted or substantively enacted by the balance sheet date in the countries where the Company

operates and generates income.

 

No deferred tax has been recognised in the financial statements as the amounts involved are not deemed to be significant.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 9 -
1.14
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.15
Retirement benefits

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

 

The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

1.16
Leases

Rentals paid under operating leases are charged to the Statement of Comprehensive Income on a straight-line basis over the lease term.

1.17
Foreign exchange

Functional and presentation currency

The company's functional and presentational currency is GBP. Balances have been rounded to the nearest £.

 

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

 

At each period end foreign currency monetary items are translated using the closing rate. Nonmonetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2
Turnover and other revenue
2024
2023
£
£
Turnover analysed by class of business
Sales
168,841
164,007
Management charges receivable
2,876,863
3,159,148
Distribution to partners
(959,608)
(978,399)
2,086,096
2,344,756
TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
2
Turnover and other revenue
(Continued)
- 10 -
2024
2023
£
£
Turnover analysed by geographical market
United Kingdom
2,043,248
2,259,849
Ireland
42,848
84,907
2,086,096
2,344,756
2024
2023
£
£
Other revenue
Interest income
28,833
7,489
Sundry income
17,400
28,648
Partners' fees receivable
9,551
8,000
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
17
16
4
Directors' remuneration
2024
2023
£
£
Remuneration paid to directors
479,946
435,777

During the year retirement benefits were accruing to 4 Directors (2023 - 4) in respect of defined contribution pension schemes.

 

The highest paid director received remuneration of £214,239 (2023 - £165,825).

 

The value of the company's contributions paid to a defined contribution pension scheme in respect of the highest paid director amounted to £35,996 (2023 - £30,086).

TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 11 -
5
Intangible fixed assets
Computer software
£
Cost
At 1 April 2023 and 31 March 2024
87,045
Amortisation and impairment
At 1 April 2023
69,816
Amortisation charged for the year
9,837
At 31 March 2024
79,653
Carrying amount
At 31 March 2024
7,392
At 31 March 2023
17,229
6
Tangible fixed assets
Heritable Property
Fixtures and Fittings
Computers
Total
£
£
£
£
Cost
At 1 April 2023
480,507
131,620
46,153
658,280
Additions
2,478
4,769
5,359
12,606
Disposals
-
0
(57,058)
(25,484)
(82,542)
At 31 March 2024
482,985
79,331
26,028
588,344
Depreciation and impairment
At 1 April 2023
47,868
98,513
40,871
187,252
Depreciation charged in the year
9,631
5,680
4,965
20,276
Eliminated in respect of disposals
-
0
(45,930)
(25,484)
(71,414)
At 31 March 2024
57,499
58,263
20,352
136,114
Carrying amount
At 31 March 2024
425,486
21,068
5,676
452,230
At 31 March 2023
432,639
33,107
5,282
471,028
7
Investment property

During the year the company sold the investment property for £210,000.

TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 12 -
8
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
1
1
9
Subsidiaries

Details of the company's subsidiaries at 31 March 2024 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
TGI Golf Travel Limited
Birch House, Quarrywood Court, Livingston, EH54 6AX
Ordinary
100.00
10
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,430,557
1,364,796
Other debtors
1,040,019
1,300,829
2,470,576
2,665,625
11
Current asset investments
2024
2023
£
£
Investment bonds
2,431,255
2,369,240

A gain of £41,621 (2023 - loss of £118,630) from changes in fair value of investments is included within the Statement of Comprehensive Income.

12
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
1,393,033
1,407,190
Corporation tax
102,354
130,946
Other taxation and social security
168,110
168,253
Other creditors
1,018,784
1,051,385
2,682,281
2,757,774
13
Retirement benefit schemes

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

TARTAN GOLF INTERNATIONAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13
Retirement benefit schemes
(Continued)
- 13 -

The company makes payments to a defined contribution pension scheme. The asses of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £73,356 (2023 - £63,302). No contributions were payable to the fund at the balance sheet date.

14
Profit and loss reserves
2024
2023
£
£
At the beginning of the year
4,329,046
3,960,180
Profit for the year
336,177
538,949
Bonus issue charged to retained earnings
-
0
(65,102)
Own shares acquired
(239,353)
(104,981)
At the end of the year
4,425,870
4,329,046
15
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Senior Statutory Auditor:
Sharon Collins
Statutory Auditor:
Thomson Cooper
Date of audit report:
18 July 2024
16
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2024
2023
£
£
44,883
71,154
17
Related party transactions

Advantage has been taken of the exemption provided by FRS 102 Section 33 "Related Party Transactions" whereby disclosures need not to be given of transactions entered into between partners of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a partner.

18
Parent company

In the opinion of the Directors, the company has no ultimate controlling party.

2024-03-312023-04-01false18 July 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityThis audit opinion is unqualifiedMr M BradleyMr M BrooksMs A SimpsonMr C McKennaMs A McLeanMr M MillardMr E ReidMs A CrerandMr G StewartMr A GoodMs A CrerandfalsefalseSC0865712023-04-012024-03-31SC0865712024-03-31SC0865712023-03-31SC086571core:IntangibleAssetsOtherThanGoodwill2024-03-31SC086571core:IntangibleAssetsOtherThanGoodwill2023-03-31SC086571core:LandBuildingscore:OwnedOrFreeholdAssets2024-03-31SC086571core:FurnitureFittings2024-03-31SC086571core:ComputerEquipment2024-03-31SC086571core:LandBuildingscore:OwnedOrFreeholdAssets2023-03-31SC086571core:FurnitureFittings2023-03-31SC086571core:ComputerEquipment2023-03-31SC086571core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-31SC086571core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-31SC086571core:CurrentFinancialInstruments2024-03-31SC086571core:CurrentFinancialInstruments2023-03-31SC086571core:ShareCapital2024-03-31SC086571core:ShareCapital2023-03-31SC086571core:SharePremium2024-03-31SC086571core:SharePremium2023-03-31SC086571core:CapitalRedemptionReserve2024-03-31SC086571core:CapitalRedemptionReserve2023-03-31SC086571core:RetainedEarningsAccumulatedLosses2024-03-31SC086571core:RetainedEarningsAccumulatedLosses2023-03-31SC086571core:ShareCapital2022-03-31SC086571core:SharePremium2022-03-31SC086571core:CapitalRedemptionReserve2022-03-31SC086571core:RetainedEarningsAccumulatedLosses2022-03-31SC086571core:RetainedEarningsAccumulatedLosses2023-03-31SC086571bus:Director52023-04-012024-03-31SC086571core:RetainedEarningsAccumulatedLosses2022-04-012023-03-31SC0865712022-04-012023-03-31SC086571core:RetainedEarningsAccumulatedLosses2023-04-012024-03-31SC086571core:ShareCapital2022-04-012023-03-31SC086571core:SharePremium2022-04-012023-03-31SC086571core:ShareCapital2023-04-012024-03-31SC086571core:SharePremium2023-04-012024-03-31SC086571core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31SC086571core:ComputerSoftware2023-04-012024-03-31SC086571core:LandBuildingscore:OwnedOrFreeholdAssets2023-04-012024-03-31SC086571core:FurnitureFittings2023-04-012024-03-31SC086571core:ComputerEquipment2023-04-012024-03-31SC086571core:IntangibleAssetsOtherThanGoodwill2023-03-31SC086571core:LandBuildingscore:OwnedOrFreeholdAssets2023-03-31SC086571core:FurnitureFittings2023-03-31SC086571core:ComputerEquipment2023-03-31SC0865712023-03-31SC08657112023-04-012024-03-31SC08657122023-04-012024-03-31SC086571core:WithinOneYear2024-03-31SC086571core:WithinOneYear2023-03-31SC086571bus:PrivateLimitedCompanyLtd2023-04-012024-03-31SC086571bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC086571bus:FRS1022023-04-012024-03-31SC086571bus:Audited2023-04-012024-03-31SC086571bus:Director12023-04-012024-03-31SC086571bus:Director22023-04-012024-03-31SC086571bus:Director32023-04-012024-03-31SC086571bus:Director42023-04-012024-03-31SC086571bus:Director62023-04-012024-03-31SC086571bus:Director72023-04-012024-03-31SC086571bus:Director82023-04-012024-03-31SC086571bus:Director92023-04-012024-03-31SC086571bus:Director102023-04-012024-03-31SC086571bus:CompanySecretary12023-04-012024-03-31SC086571bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP