Highland Outdoor Adventures Limited SC757974 false 2023-02-07 2024-02-29 2024-02-29 The principal activity of the company is provision of outdoor activity training Digita Accounts Production Advanced 6.30.9574.0 true SC757974 2023-02-07 2024-02-29 SC757974 2024-02-29 SC757974 core:CurrentFinancialInstruments 2024-02-29 SC757974 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 SC757974 core:OfficeEquipment 2024-02-29 SC757974 core:PlantMachinery 2024-02-29 SC757974 bus:SmallEntities 2023-02-07 2024-02-29 SC757974 bus:AuditExemptWithAccountantsReport 2023-02-07 2024-02-29 SC757974 bus:FullAccounts 2023-02-07 2024-02-29 SC757974 bus:SmallCompaniesRegimeForAccounts 2023-02-07 2024-02-29 SC757974 bus:RegisteredOffice 2023-02-07 2024-02-29 SC757974 bus:Director1 2023-02-07 2024-02-29 SC757974 bus:PrivateLimitedCompanyLtd 2023-02-07 2024-02-29 SC757974 core:OfficeEquipment 2023-02-07 2024-02-29 SC757974 core:PlantMachinery 2023-02-07 2024-02-29 SC757974 countries:AllCountries 2023-02-07 2024-02-29 iso4217:GBP xbrli:pure

Registration number: SC757974

Highland Outdoor Adventures Limited

Unaudited Financial Statements

for the Period from 7 February 2023 to 29 February 2024

 

Highland Outdoor Adventures Limited

(Registration number: SC757974)

Balance Sheet as at 29 February 2024

Note

2024
£

Fixed assets

 

Tangible assets

3

64,182

Current assets

 

Debtors

4

2,370

Cash at bank and in hand

 

1,852

 

4,222

Creditors: Amounts falling due within one year

5

(82,692)

Net current liabilities

 

(78,470)

Net liabilities

 

(14,288)

Capital and reserves

 

Called up share capital

1

Profit and loss account

(14,289)

Shareholders' deficit

 

(14,288)

For the financial period ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 25 October 2024
 

.........................................

James Miller
Director

 

Highland Outdoor Adventures Limited

Notes to the Unaudited Financial Statements for the Period from 7 February 2023 to 29 February 2024

1

Accounting policies

Highland Outdoor Adventures Limited is a private company, limited by shares, domiciled in England and Wales, company number SC757974. The registered office is at Glenavon Cottage, Main Street, Newtonmore, PH20 1DR, Scotland.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% Straight Line

Office equipment

33% Straight Line/20% Straight Line

2

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Highland Outdoor Adventures Limited

Notes to the Unaudited Financial Statements for the Period from 7 February 2023 to 29 February 2024

3

Tangible assets

Plant and machinery
£

Office equipment
£

Total
£

Cost

Additions

69,409

7,067

76,476

At 29 February 2024

69,409

7,067

76,476

Depreciation

Charge for the period

10,411

1,883

12,294

At 29 February 2024

10,411

1,883

12,294

Carrying amount

At 29 February 2024

58,998

5,184

64,182

4

Debtors

2024
£

Prepayments

351

Other debtors

2,019

2,370

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

4,890

Other creditors

77,802

82,692