Registration number:
Highland Outdoor Adventures Limited
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 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
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Net current liabilities |
( |
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Net liabilities |
( |
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Capital and reserves |
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Called up share capital |
1 |
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Profit and loss account |
(14,289) |
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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:
• |
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• |
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
Highland Outdoor Adventures Limited
Notes to the Unaudited Financial Statements for the Period from 7 February 2023 to 29 February 2024
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
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 |
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Highland Outdoor Adventures Limited
Notes to the Unaudited Financial Statements for the Period from 7 February 2023 to 29 February 2024
Tangible assets |
Plant and machinery |
Office equipment |
Total |
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Cost |
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Additions |
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At 29 February 2024 |
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Depreciation |
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Charge for the period |
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At 29 February 2024 |
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Carrying amount |
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At 29 February 2024 |
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Debtors |
2024 |
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Prepayments |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2024 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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