Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The principal activity of the company is a walking tours operator.2023-04-01false33falsetrue SC163850 2023-04-01 2024-03-31 SC163850 2022-04-01 2023-03-31 SC163850 2024-03-31 SC163850 2023-03-31 SC163850 2022-04-01 SC163850 c:Director1 2023-04-01 2024-03-31 SC163850 d:Buildings d:ShortLeaseholdAssets 2023-04-01 2024-03-31 SC163850 d:Buildings d:ShortLeaseholdAssets 2024-03-31 SC163850 d:Buildings d:ShortLeaseholdAssets 2023-03-31 SC163850 d:LandBuildings 2024-03-31 SC163850 d:LandBuildings 2023-03-31 SC163850 d:MotorVehicles 2023-04-01 2024-03-31 SC163850 d:OfficeEquipment 2023-04-01 2024-03-31 SC163850 d:OfficeEquipment 2024-03-31 SC163850 d:OfficeEquipment 2023-03-31 SC163850 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC163850 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC163850 d:CurrentFinancialInstruments 2024-03-31 SC163850 d:CurrentFinancialInstruments 2023-03-31 SC163850 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC163850 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC163850 d:ShareCapital 2023-04-01 2024-03-31 SC163850 d:ShareCapital 2024-03-31 SC163850 d:ShareCapital 2022-04-01 2023-03-31 SC163850 d:ShareCapital 2023-03-31 SC163850 d:ShareCapital 2022-04-01 SC163850 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 SC163850 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC163850 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 SC163850 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC163850 d:RetainedEarningsAccumulatedLosses 2022-04-01 SC163850 c:OrdinaryShareClass1 2023-04-01 2024-03-31 SC163850 c:OrdinaryShareClass1 2024-03-31 SC163850 c:OrdinaryShareClass1 2023-03-31 SC163850 c:FRS102 2023-04-01 2024-03-31 SC163850 c:Audited 2023-04-01 2024-03-31 SC163850 c:FullAccounts 2023-04-01 2024-03-31 SC163850 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC163850 d:EntityControlledByKeyManagementPersonnel1 2023-04-01 2024-03-31 SC163850 d:EntityControlledByKeyManagementPersonnel1 2024-03-31 SC163850 c:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC163850 2 2023-04-01 2024-03-31 SC163850 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 SC163850 d:TaxLossesCarry-forwardsDeferredTax 2023-03-31 SC163850 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: SC163850









ROB ROY TOURS LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ROB ROY TOURS LIMITED
REGISTERED NUMBER: SC163850

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,789
808

  
7,789
808

Current assets
  

Debtors: amounts falling due within one year
 5 
114,537
1,061,946

Cash at bank and in hand
 6 
133,922
180,775

  
248,459
1,242,721

Creditors: amounts falling due within one year
 7 
(210,845)
(135,765)

Net current assets
  
 
 
37,614
 
 
1,106,956

Total assets less current liabilities
  
45,403
1,107,764

Provisions for liabilities
  

Deferred tax
 8 
(1,522)
(1,059)

  
 
 
(1,522)
 
 
(1,059)

Net assets
  
43,881
1,106,705


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
43,879
1,106,703

  
43,881
1,106,705


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 23 March 2025.




Mr H Gschwentner
Director
Page 1

 
ROB ROY TOURS LIMITED
REGISTERED NUMBER: SC163850
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024


The notes on pages 5 to 13 form part of these financial statements.

Page 2

 
ROB ROY TOURS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2023
2
1,106,703
1,106,705


Comprehensive income for the year

Profit for the year

-
43,879
43,879


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
43,879
43,879


Contributions by and distributions to owners

Dividends: Equity capital
-
(1,106,703)
(1,106,703)


Total transactions with owners
-
(1,106,703)
(1,106,703)


At 31 March 2024
2
43,879
43,881


The notes on pages 5 to 13 form part of these financial statements.

Page 3

 
ROB ROY TOURS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2022
2
694,799
694,801


Comprehensive income for the year

Profit for the year

-
411,904
411,904


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
411,904
411,904


Total transactions with owners
-
-
-


At 31 March 2023
2
1,106,703
1,106,705


The notes on pages 5 to 13 form part of these financial statements.

Page 4

 
ROB ROY TOURS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Rob Roy Tours Limited is a private company limited by shares and registered in Scotland. The registered office address is disclosed on the company information page. 
The principal activity of the company is a walking tours operator.

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.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Revenue

Turnover includes revenue earned from the rendering of services. Turnover represents revenue receivable from sales of tours on arrival date basis.
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 measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 5

 
ROB ROY TOURS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

 
2.7

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.

Page 6

 
ROB ROY TOURS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

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:

Short-term leasehold property
-
over 5 years
Motor vehicles
-
over 4 years
Office equipment
-
over 2 years

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.

 
2.8

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.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

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.

  
2.11

Advanced receipts and payments

All revenue relating to tours with arrival dates after the year end are treated as advance receipts at the balance sheet date and are separately disclosed under other creditors. Payments made to suppliers in respect of these tours are included in prepayments.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 7

 
ROB ROY TOURS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.13

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Page 8

 
ROB ROY TOURS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.13
Financial instruments (continued)

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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


        2024
        2023
            No.
            No.







Administration
3
3

Page 9

 
ROB ROY TOURS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Short-term leasehold property
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
11,685
43,947
55,632


Additions
8,008
-
8,008


Disposals
(11,685)
(3,986)
(15,671)



At 31 March 2024

8,008
39,961
47,969



Depreciation


At 1 April 2023
10,877
43,947
54,824


Charge for the year on owned assets
219
-
219


Disposals
(10,877)
(3,986)
(14,863)



At 31 March 2024

219
39,961
40,180



Net book value



At 31 March 2024
7,789
-
7,789



At 31 March 2023
808
-
808




The net book value of land and buildings may be further analysed as follows:


2023
2022
£
£

Short leasehold
7,789
808

7,789
808


Page 10

 
ROB ROY TOURS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
-
542,117

Other debtors
9,320
36,239

Prepayments and accrued income
105,217
483,590

114,537
1,061,946



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
133,922
180,775

133,922
180,775



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
172,426
-

Corporation tax
12,564
94,901

Other taxation and social security
-
531

Accruals and deferred income
25,855
40,333

210,845
135,765



8.


Deferred taxation




2024


£






At beginning of year
(1,059)


Charged to profit or loss
(463)



At end of year
(1,522)

Page 11

 
ROB ROY TOURS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
 
8.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Tax losses carried forward
(1,522)
(1,059)

(1,522)
(1,059)


9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares shares of £1.00 each
2
2



10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £2,332 (2023 - £2,560). Contributions totalling £684 (2023 - £626) were payable to the fund at the balance sheet date and are included in creditors.


11.


Related party transactions

Included in debtors is a loan of £Nil (2023 - £542,117) due from Travel Europe Reiseveranstaltungs GmbH. Interest on this loan during the year is £1,229 and the loan was repaid during the course of the current financial period.
As at the year end, the company owed a balance of £98,898 (2023 - £Nil) to Travel Europe Reiseveranstaltungs GmbH.
As at the year end, the company owed a balance of £169,737 (2023 - £Nil) to TE Holdings GmbH.


12.


Controlling party

Travel Europe Reiseveranstaltungs GmbH is the controlling party of the company by virtue of its shareholding.

Page 12

 
ROB ROY TOURS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

13.


Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2024 was unqualified.

The audit report was signed on 23 March 2025 by Karanjit Gill FCCA (Senior Statutory Auditor) on behalf of Xeinadin Audit Limited.

 
Page 13