IRIS Accounts Production v24.3.2.46 SC412783 director 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4127832023-12-31SC4127832024-12-31SC4127832024-01-012024-12-31SC4127832022-12-31SC4127832023-01-012023-12-31SC4127832023-12-31SC412783ns15:Scotland2024-01-012024-12-31SC412783ns14:PoundSterling2024-01-012024-12-31SC412783ns10:Director12024-01-012024-12-31SC412783ns10:PrivateLimitedCompanyLtd2024-01-012024-12-31SC412783ns10:SmallEntities2024-01-012024-12-31SC412783ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-31SC412783ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-31SC412783ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-31SC412783ns10:FullAccounts2024-01-012024-12-31SC412783ns10:RegisteredOffice2024-01-012024-12-31SC412783ns5:CurrentFinancialInstruments2024-12-31SC412783ns5:CurrentFinancialInstruments2023-12-31SC412783ns5:Non-currentFinancialInstruments2024-12-31SC412783ns5:Non-currentFinancialInstruments2023-12-31SC412783ns5:ShareCapital2024-12-31SC412783ns5:ShareCapital2023-12-31SC412783ns5:RetainedEarningsAccumulatedLosses2024-12-31SC412783ns5:RetainedEarningsAccumulatedLosses2023-12-31SC412783ns5:PlantMachinery2024-01-012024-12-31SC412783ns5:ComputerEquipment2024-01-012024-12-31SC412783ns5:PlantMachinery2023-12-31SC412783ns5:ComputerEquipment2023-12-31SC412783ns5:PlantMachinery2024-12-31SC412783ns5:ComputerEquipment2024-12-31SC412783ns5:PlantMachinery2023-12-31SC412783ns5:ComputerEquipment2023-12-31SC412783ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-31SC412783ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31SC412783ns5:DeferredTaxation2023-12-31SC412783ns5:DeferredTaxation2024-01-012024-12-31SC412783ns5:DeferredTaxation2024-12-31SC4127831ns10:Director12023-12-31SC4127831ns10:Director12022-12-31SC4127831ns10:Director12024-01-012024-12-31SC4127831ns10:Director12023-01-012023-12-31SC4127831ns10:Director12024-12-31SC4127831ns10:Director12023-12-31
REGISTERED NUMBER: SC412783 (Scotland)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ALTOGETHER TRAVEL LTD.

ALTOGETHER TRAVEL LTD. (REGISTERED NUMBER: SC412783)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALTOGETHER TRAVEL LTD.

COMPANY INFORMATION
for the year ended 31 December 2024







DIRECTOR: Mr S M Chalmers





REGISTERED OFFICE: Clockwise Altogether Travel
77 Renfrew Street
Glasgow
G2 3BZ





REGISTERED NUMBER: SC412783 (Scotland)





ACCOUNTANTS: Haines Watts
Business Advisors and Accountants
Q Court
3 Quality Street
Edinburgh
EH4 5BP

ALTOGETHER TRAVEL LTD. (REGISTERED NUMBER: SC412783)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,770 990

CURRENT ASSETS
Debtors 5 136,477 102,977
Cash at bank 50,000 19,908
186,477 122,885
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

181,785

106,792
NET CURRENT ASSETS 4,692 16,093
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,462

17,083

CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN ONE YEAR

7

(13,753

)

(16,680

)

PROVISIONS FOR LIABILITIES 8 (336 ) (188 )
NET (LIABILITIES)/ASSETS (7,627 ) 215

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (7,727 ) 115
SHAREHOLDERS' FUNDS (7,627 ) 215

ALTOGETHER TRAVEL LTD. (REGISTERED NUMBER: SC412783)

BALANCE SHEET - continued
31 December 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2025 and were signed by:





Mr S M Chalmers - Director


ALTOGETHER TRAVEL LTD. (REGISTERED NUMBER: SC412783)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Altogether Travel Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

At 31 December 2024 the company had liabilities exceeding assets by £7,627 and relies on the continued support of its creditors to finance its working capital requirements. The director considers it appropriate to prepare the financial statements on the going concern basis as they expect that this support will continue for the foreseeable future.

TURNOVER
Turnover relates to the sale of supported holidays and the provision of care and is measured at the fair value of the consideration received or receivable. Income is recognised on the date of departure of the supported holiday.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% per annum on cost
Computer equipment - 25% per annum on cost

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

ALTOGETHER TRAVEL LTD. (REGISTERED NUMBER: SC412783)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued

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 non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument subsequently at amortised cost.

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.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ALTOGETHER TRAVEL LTD. (REGISTERED NUMBER: SC412783)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2024 366 3,230 3,596
Additions - 1,628 1,628
Disposals - (365 ) (365 )
At 31 December 2024 366 4,493 4,859
DEPRECIATION
At 1 January 2024 223 2,383 2,606
Charge for year 49 670 719
Eliminated on disposal - (236 ) (236 )
At 31 December 2024 272 2,817 3,089
NET BOOK VALUE
At 31 December 2024 94 1,676 1,770
At 31 December 2023 143 847 990

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 58,246 30,045
Other debtors 78,231 72,932
136,477 102,977

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,879 2,811
Trade creditors 360 360
Taxation and social security 8,144 10,096
Other creditors 170,402 93,525
181,785 106,792

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 13,753 16,680

ALTOGETHER TRAVEL LTD. (REGISTERED NUMBER: SC412783)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans due after more than five years
and repayable by instalments

1,375

4,611

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 336 188

Deferred
tax
£   
Balance at 1 January 2024 188
Charge to Statement of Income and Retained Earnings during year 148
Balance at 31 December 2024 336

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to/(from) a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
Mr S M Chalmers
Balance outstanding at start of year 46,820 42,483
Amounts advanced 23,733 25,337
Amounts repaid (22,000 ) (21,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 48,553 46,820

Interest is charged on this loan at 2.25% per annum. No fixed terms of repayment have been agreed.