HOLIDAY SCOTLAND LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Company registration number SC291093 (Scotland)
PAGES FOR FILING WITH REGISTRAR
HOLIDAY SCOTLAND LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
1,215,074
997,737
Current assets
205,310
234,916
Creditors: amounts falling due within one year
(224,668)
(129,863)
Net current (liabilities)/assets
(19,358)
105,053
Total assets less current liabilities
1,195,716
1,102,790
Creditors: amounts falling due after more than one year
(974,952)
(802,636)
Net assets
220,764
300,154
Capital and reserves
220,764
300,154
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
6
6
2
Secured liabilites

The bank borrowings of £218,179 (2023 £241,662) are secured by a charge over the whole of the company's assets. Hire purchase obligations of £12,586 (2023 £42,794) are secured over the assets concerned.

3
Related party transactions

Creditors due more than one year includes the amount of £741,658 (2023 £524,633) due to the company's director. There are no fixed terms for the repayment of this amount, which does not bear interest.

 

Creditors due within one year includes the amounts of £111,955 (2023 £ Nil) due companies related by virtue of common control, these amounts are repayable on demand with no interest being charged.

Holiday Scotland Limited is a private company limited by shares incorporated in Scotland. The registered office is Nunland Country Holidays, Lochfoot, Dumfries, DG2 8PZ.

 

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

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

HOLIDAY SCOTLAND LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the board of directors and authorised for issue on 14 November 2024 and are signed on its behalf by:
Mrs Laura McCready
Director
Company registration number SC291093 (Scotland)
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