Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30true2That of a transport provider to its holding company, Ski Solutions Limited, under the TOMS VAT Transport Company Scheme.2023-05-01true2true 07974340 2023-05-01 2024-04-30 07974340 2022-05-01 2023-04-30 07974340 2024-04-30 07974340 2023-04-30 07974340 2022-05-01 07974340 c:Director1 2023-05-01 2024-04-30 07974340 d:CurrentFinancialInstruments 2024-04-30 07974340 d:CurrentFinancialInstruments 2023-04-30 07974340 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07974340 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07974340 d:ShareCapital 2023-05-01 2024-04-30 07974340 d:ShareCapital 2024-04-30 07974340 d:ShareCapital 2022-05-01 2023-04-30 07974340 d:ShareCapital 2023-04-30 07974340 d:ShareCapital 2022-05-01 07974340 c:FRS102 2023-05-01 2024-04-30 07974340 c:Audited 2023-05-01 2024-04-30 07974340 c:FullAccounts 2023-05-01 2024-04-30 07974340 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07974340 c:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 07974340









SKI SOLUTIONS (TRANSPORT) LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
SKI SOLUTIONS (TRANSPORT) LIMITED
REGISTERED NUMBER: 07974340

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,000
32,005

  
2,000
32,005

Creditors: amounts falling due within one year
 5 
-
(30,005)

Net current assets
  
 
 
2,000
 
 
2,000

Total assets less current liabilities
  
2,000
2,000

  

Net assets
  
2,000
2,000


Capital and reserves
  

Called up share capital 
  
2,000
2,000

  
2,000
2,000


The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 October 2024.




................................................
C M Burton
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 
SKI SOLUTIONS (TRANSPORT) LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2024


Called up share capital
Total equity

£
£


At 1 May 2022
2,000
2,000
Total comprehensive income for the year
-
-



At 1 May 2023
2,000
2,000
Total comprehensive income for the year
-
-


At 30 April 2024
2,000
2,000


The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
SKI SOLUTIONS (TRANSPORT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

As disclosed in the Directors' Report, the principal activity of the Company in the year under review continued to be that of a transport provider to its holding company, Ski Solutions Limited, under the TOMS VAT Transport Company Scheme.
The Company is a private company limited by shares and is incorporated in England. The address of the Company's principal place of business, being different to the registered office stated on the Company Information page, is:
Unit 3, Walton Lodge Laundry
374 Coldharbour Lane
London
SW9 8PL

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Going concern

Group management and the Directors review the financial position and financial projections of the Group on a regular basis. Sensitivity analysis suggests the Group has adequate liquidity to trade through all reasonable scenarios envisaged by the Directors, including the potential for a downturn in trading. The Directors therefore conclude that it is appropriate to prepare the financial statements on a going concern basis.

 
2.3

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discountsand value added taxes. Turnover includes revenue earned from the wholesaling of transport services. Turnover from the rendering of these services is recognised by reference to the stage of completion of the contract.

Page 3

 
SKI SOLUTIONS (TRANSPORT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss 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 reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Page 4

 
SKI SOLUTIONS (TRANSPORT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.7

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.

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.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
2
2


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
2,000
-

Other debtors
-
32,005

2,000
32,005



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
-
30,005

-
30,005



6.


Related party transactions

The Company has taken advantage of the exemption in Financial Reporting Standard 102, paragraph 33.1A, from the requirement to disclose transactions with group companies on the basis that consolidated financial statements are prepared by the ultimate parent company. 

Page 5

 
SKI SOLUTIONS (TRANSPORT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Auditors' information

The auditors' report on the financial statements for the year ended 30 April 2024 was unqualified.

The audit report was signed on 4 October 2024 by Ms N A Spoor FCA FCCA (Senior Statutory Auditor) on behalf of White Hart Associates (London) Limited.

 
Page 6