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REGISTERED NUMBER: SC449716 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

WALK THE CAMINO LIMITED

WALK THE CAMINO LIMITED (REGISTERED NUMBER: SC449716)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WALK THE CAMINO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: C Christie
Mrs T Christie





REGISTERED OFFICE: 1 Spiersbridge Way
Spiersbridge Business Park
Glasgow
G46 8NG





REGISTERED NUMBER: SC449716 (Scotland)





ACCOUNTANTS: Clement Millar
Spiersbridge House
1 Spiersbridge Way
Glasgow
G46 8NG

WALK THE CAMINO LIMITED (REGISTERED NUMBER: SC449716)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,649 29,984

CURRENT ASSETS
Stocks 4,748 2,900
Debtors 5 143,828 136,155
Cash at bank 265,085 491,750
413,661 630,805
CREDITORS
Amounts falling due within one year 6 219,134 434,202
NET CURRENT ASSETS 194,527 196,603
TOTAL ASSETS LESS CURRENT
LIABILITIES

233,176

226,587

CREDITORS
Amounts falling due after more than one year 7 26,400 48,000
NET ASSETS 206,776 178,587

CAPITAL AND RESERVES
Called up share capital 5,002 5,002
Retained earnings 8 201,774 173,585
SHAREHOLDERS' FUNDS 206,776 178,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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 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 Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:




Mrs T Christie - Director


WALK THE CAMINO LIMITED (REGISTERED NUMBER: SC449716)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Walk the Camino Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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. The financial statements have been prepared under the historical cost convention.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 10% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 50% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

TURNOVER
Turnover is measured including value added tax at the fair value of the consideration received or receivable, excluding discounts, rebates and other sales taxes.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

WALK THE CAMINO LIMITED (REGISTERED NUMBER: SC449716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 June 2023 22,935 4,950 28,856 56,741
Additions - 978 20,427 21,405
At 31 May 2024 22,935 5,928 49,283 78,146
DEPRECIATION
At 1 June 2023 2,293 1,014 23,450 26,757
Charge for year 2,293 1,633 8,814 12,740
At 31 May 2024 4,586 2,647 32,264 39,497
NET BOOK VALUE
At 31 May 2024 18,349 3,281 17,019 38,649
At 31 May 2023 20,642 3,936 5,406 29,984

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,725 3,755
Other debtors 140,103 132,400
143,828 136,155

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 15,413 7,850
Trade creditors 395 1,771
Taxation and social security 31,547 31,227
Other creditors 171,779 393,354
219,134 434,202

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 26,400 48,000

8. RESERVES
Retained
earnings
£   

At 1 June 2023 173,585
Profit for the year 28,189
At 31 May 2024 201,774