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REGISTERED NUMBER: SC572417 (Scotland)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Grampian Escapes & Tours Ltd

Grampian Escapes & Tours Ltd (Registered number: SC572417)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Grampian Escapes & Tours Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Ms J J Van Den Akker





REGISTERED OFFICE: Woodstock House Inverurie Street
Auchenblae
Laurencekirk
United Kingdom
AB30 1XS





REGISTERED NUMBER: SC572417 (Scotland)





ACCOUNTANTS: The Grant Considine Partnership
Chartered Accountants
46 High Street
Banchory
Aberdeenshire
AB31 5SR

Grampian Escapes & Tours Ltd (Registered number: SC572417)

Statement of Financial Position
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 22,003 737

CURRENT ASSETS
Debtors 6 179 1,647
Cash at bank 15,972 17,118
16,151 18,765
CREDITORS
Amounts falling due within one year 7 27,905 23,324
NET CURRENT LIABILITIES (11,754 ) (4,559 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,249

(3,822

)

CREDITORS
Amounts falling due after more than one
year

8

(14,107

)

(2,578

)

PROVISIONS FOR LIABILITIES 9 - (184 )
NET LIABILITIES (3,858 ) (6,584 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (3,958 ) (6,684 )
SHAREHOLDERS' FUNDS (3,858 ) (6,584 )

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

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

The director acknowledges her 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.

Grampian Escapes & Tours Ltd (Registered number: SC572417)

Statement of Financial Position - continued
31 July 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:





Ms J J Van Den Akker - Director


Grampian Escapes & Tours Ltd (Registered number: SC572417)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Grampian Escapes & Tours 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Income is recognised when the service has been provided, when the amount of revenue can be measured reliably and when its probable that future economic benefits will flow to the entity. If a customer has not been invoiced for services provided during the period the income is accrued and included in debtors under prepayments and accrued income.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses.

Depreciation on other assets is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and Fittings - 20% Straight Line
Motor Vehicles - 25% Straight Line
Computer Equipment - 33% Straight Line

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors and directors' loans.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

Financial assets that are measured at 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 profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.


Grampian Escapes & Tours Ltd (Registered number: SC572417)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Unrelieved tax losses and other 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.

Going concern
The financial statements have been prepared on a going concern basis. The director confirms that continued support will be given to the company and the directors loan balance will not be repaid until such a time that the company is in a financial position to do so.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 20,884
Additions 26,494
At 31 July 2024 47,378
DEPRECIATION
At 1 August 2023 20,147
Charge for year 5,228
At 31 July 2024 25,375
NET BOOK VALUE
At 31 July 2024 22,003
At 31 July 2023 737

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 179 310
Other debtors - 1,337
179 1,647

Grampian Escapes & Tours Ltd (Registered number: SC572417)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 890 1,358
Hire purchase contracts 5,520 -
Trade creditors 1 -
Taxation and social security 1,749 1,652
Other creditors 19,745 20,314
27,905 23,324

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 1,688 2,578
Hire purchase contracts 12,419 -
14,107 2,578

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax - 184

Deferred
tax
£   
Balance at 1 August 2023 184
Balance at 1 August 2022
Movement (184 )
Balance at 31 July 2024 -

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Ms J J Van Den Akker
Balance outstanding at start of year (13,913 ) (20,401 )
Amounts advanced - 6,825
Amounts repaid (312 ) (337 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (14,225 ) (13,913 )

The loan is interest free and there are no fixed repayment terms

Grampian Escapes & Tours Ltd (Registered number: SC572417)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

11. RELATED PARTY DISCLOSURES

As at 31 July 2024, there is a loan balance of £3,015 (2023: £4,015) due to an individual who has a participating interest in Grampian Escapes & Tours Ltd. The loan is charged at 2% per annum.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Grampian Escapes & Tours Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grampian Escapes & Tours Ltd for the year ended 31 July 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of Grampian Escapes & Tours Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Grampian Escapes & Tours Ltd and state those matters that we have agreed to state to the director of Grampian Escapes & Tours Ltd in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Grampian Escapes & Tours Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Grampian Escapes & Tours Ltd. You consider that Grampian Escapes & Tours Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Grampian Escapes & Tours Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Grant Considine Partnership
Chartered Accountants
46 High Street
Banchory
Aberdeenshire
AB31 5SR


27 March 2025