Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312024-01-01falseNo description of principal activity33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09286021 2024-01-01 2024-12-31 09286021 2023-01-01 2023-12-31 09286021 2024-12-31 09286021 2023-12-31 09286021 c:Director1 2024-01-01 2024-12-31 09286021 c:Director2 2024-01-01 2024-12-31 09286021 c:Director3 2024-01-01 2024-12-31 09286021 c:RegisteredOffice 2024-01-01 2024-12-31 09286021 d:PlantMachinery 2024-01-01 2024-12-31 09286021 d:PlantMachinery 2024-12-31 09286021 d:PlantMachinery 2023-12-31 09286021 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09286021 d:FurnitureFittings 2024-01-01 2024-12-31 09286021 d:FurnitureFittings 2024-12-31 09286021 d:FurnitureFittings 2023-12-31 09286021 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09286021 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09286021 d:CurrentFinancialInstruments 2024-12-31 09286021 d:CurrentFinancialInstruments 2023-12-31 09286021 d:Non-currentFinancialInstruments 2024-12-31 09286021 d:Non-currentFinancialInstruments 2023-12-31 09286021 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09286021 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09286021 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 09286021 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 09286021 d:ShareCapital 2024-12-31 09286021 d:ShareCapital 2023-12-31 09286021 d:SharePremium 2024-12-31 09286021 d:SharePremium 2023-12-31 09286021 d:RetainedEarningsAccumulatedLosses 2024-12-31 09286021 d:RetainedEarningsAccumulatedLosses 2023-12-31 09286021 c:FRS102 2024-01-01 2024-12-31 09286021 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09286021 c:FullAccounts 2024-01-01 2024-12-31 09286021 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09286021 6 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 09286021







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


SUPER YACHT HOLIDAYS LIMITED






































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SUPER YACHT HOLIDAYS LIMITED
 


 
COMPANY INFORMATION


Directors
A M Luxmoore 
M G Fresson 
S J Dixon 




Registered number
09286021



Registered office
49 Stile Hall Gardens

Chiswick

London

W4 3BT




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


SUPER YACHT HOLIDAYS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


SUPER YACHT HOLIDAYS LIMITED
REGISTERED NUMBER:09286021



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,309,392
1,420,944

Investments
 5 
1
1

  
1,309,393
1,420,945

Current assets
  

Debtors: amounts falling due within one year
 6 
50,647
48,052

Cash at bank and in hand
  
87,271
10,055

  
137,918
58,107

Creditors: amounts falling due within one year
 7 
(349,026)
(185,817)

Net current liabilities
  
 
 
(211,108)
 
 
(127,710)

Total assets less current liabilities
  
1,098,285
1,293,235

Creditors: amounts falling due after more than one year
 8 
(66,387)
(166,267)

  

Net assets
  
1,031,898
1,126,968


Capital and reserves
  

Called up share capital 
  
1,384,207
1,284,352

Share premium account
  
96,890
96,890

Profit and loss account
  
(449,199)
(254,274)

  
1,031,898
1,126,968


Page 1

 


SUPER YACHT HOLIDAYS LIMITED
REGISTERED NUMBER:09286021


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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 income and retained earnings 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 by: 

A M Luxmoore
Director
Date: 8 March 2025

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

Page 2

 


SUPER YACHT HOLIDAYS LIMITED
 


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

1.


General information

Super Yacht Holidays Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office and principal place of business is given on the company information page of these financial statements.  
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The financial statements have been prepared on a going concern basis. At the balance sheet date, the company had accumulated losses of £449,199 (2023 - £254,274). Due to the shareholder funds available, there is no uncertainty that the business will be able to meet its liabilities as they fall due for the forseeable future. 

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is generated through yacht rental services and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
5%
Straight line method
Fixtures and fittings
-
20%
Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 


SUPER YACHT HOLIDAYS LIMITED
 


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

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 January 2024
2,231,034
135,264
2,366,298



At 31 December 2024

2,231,034
135,264
2,366,298



Depreciation


At 1 January 2024
810,090
135,264
945,354


Charge for the year on owned assets
111,552
-
111,552



At 31 December 2024

921,642
135,264
1,056,906



Net book value



At 31 December 2024
1,309,392
-
1,309,392



At 31 December 2023
1,420,944
-
1,420,944

Page 4

 


SUPER YACHT HOLIDAYS LIMITED
 


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

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
1



At 31 December 2024
1





6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
5,317
40,214

Other debtors
75
85

Prepayments and accrued income
45,255
7,753

50,647
48,052



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
38,512
37,501

Trade creditors
113,245
80,125

Other creditors
193,869
65,191

Accruals and deferred income
3,400
3,000

349,026
185,817


The bank loans included in creditors due within one year are secured by way of government guarantee under the Coronavirus Business Interruption Loan Scheme.

Page 5

 


SUPER YACHT HOLIDAYS LIMITED
 


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

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
38,571
79,582

Other creditors
27,816
86,685

66,387
166,267


The bank loans included in creditors due after more than one year are secured by way of government guarantee under the Coronavirus Business Interruption Loan Scheme.

 
Page 6