Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31falsefalse2024-01-01Travel agency activities810truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04528499 2024-01-01 2024-12-31 04528499 2023-01-01 2023-12-31 04528499 2024-12-31 04528499 2023-12-31 04528499 c:Director1 2024-01-01 2024-12-31 04528499 d:MotorVehicles 2024-01-01 2024-12-31 04528499 d:MotorVehicles 2024-12-31 04528499 d:MotorVehicles 2023-12-31 04528499 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04528499 d:FurnitureFittings 2024-01-01 2024-12-31 04528499 d:FurnitureFittings 2024-12-31 04528499 d:FurnitureFittings 2023-12-31 04528499 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04528499 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04528499 d:CurrentFinancialInstruments 2024-12-31 04528499 d:CurrentFinancialInstruments 2023-12-31 04528499 d:Non-currentFinancialInstruments 2024-12-31 04528499 d:Non-currentFinancialInstruments 2023-12-31 04528499 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 04528499 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04528499 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 04528499 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 04528499 d:ShareCapital 2024-01-01 2024-12-31 04528499 d:ShareCapital 2024-12-31 04528499 d:ShareCapital 2023-12-31 04528499 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 04528499 d:RetainedEarningsAccumulatedLosses 2024-12-31 04528499 d:RetainedEarningsAccumulatedLosses 2023-12-31 04528499 c:FRS102 2024-01-01 2024-12-31 04528499 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04528499 c:FullAccounts 2024-01-01 2024-12-31 04528499 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04528499 d:HirePurchaseContracts d:WithinOneYear 2024-12-31 04528499 d:HirePurchaseContracts d:WithinOneYear 2023-12-31 04528499 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-12-31 04528499 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-12-31 04528499 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 04528499










TGT HOLIDAYS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
TGT HOLIDAYS LIMITED
REGISTERED NUMBER: 04528499

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
£
£

Fixed assets

Tangible assets
1,828,134
1,809,096

1,828,134
1,809,096

Current assets

Stocks
3,000
2,000

Debtors: amounts falling due within one year
484,186
734,048

Cash at bank and in hand
352,569
265,961

839,755
1,002,009

Creditors: amounts falling due within one year
(895,237)
(989,196)

Net current (liabilities)/assets
 
 
(55,482)
 
 
12,813

Total assets less current liabilities
1,772,652
1,821,909

Creditors: amounts falling due after more than one year
(352,908)
(546,612)

Provisions for liabilities

Deferred tax
(455,136)
(406,540)

 
 
(455,136)
 
 
(406,540)

Net assets
964,608
868,757


Capital and reserves

Called up share capital 
100
100

Profit and loss account
964,508
868,657

964,608
868,757

Page 1

 
TGT HOLIDAYS LIMITED
REGISTERED NUMBER: 04528499
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 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 on 1 April 2025.




Mr A J Sinclair
Director

The notes on pages 4 to 7 form part of these financial statements.
Page 2

 
TGT HOLIDAYS LIMITED
 

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


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2024
100
868,657
868,757


Comprehensive income for the year

Profit for the year

-
143,851
143,851


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
143,851
143,851

Dividends: Equity capital
-
(48,000)
(48,000)


Total transactions with owners
-
(48,000)
(48,000)


At 31 December 2024
100
964,508
964,608


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
TGT HOLIDAYS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The company is a private company, limited by shares, incorporated in England and Wales and its registered office is:-
Townfoot Garage
Haltwhistle
Northumberland
NE49 0ND

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

Revenue

Turnover represents amounts receivable for services in respect of coach operators.

 
2.3

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, as follows.

Depreciation is provided on the following basis:

Motor vehicles
-
12.5% reducing balance
Fixtures and fittings
-
10% reducing balance / 33% straight line

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.

 
2.4

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials.

Page 4

 
TGT HOLIDAYS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Employees

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


        2024
        2023
            No.
            No.







Employees
8
10


4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost 


At 1 January 2024
2,213,266
4,133
2,217,399


Additions
530,443
-
530,443


Disposals
(516,121)
-
(516,121)



At 31 December 2024

2,227,588
4,133
2,231,721



Depreciation


At 1 January 2024
405,926
2,377
408,303


Charge for the year on owned assets
184,550
175
184,725


Disposals
(189,441)
-
(189,441)



At 31 December 2024

401,035
2,552
403,587



Net book value



At 31 December 2024
1,826,553
1,581
1,828,134

Page 5

 
TGT HOLIDAYS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Stocks

2024
2023
£
£

Raw materials and consumables
3,000
2,000

3,000
2,000



6.


Debtors

2024
2023
£
£


Trade debtors
317,788
626,040

Other debtors
155,027
96,042

Prepayments and accrued income
11,371
11,966

484,186
734,048



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Payments received on account
306,191
329,723

Trade creditors
40,562
32,982

Other taxation and social security
7,212
55,629

Obligations under finance lease and hire purchase contracts
427,228
271,815

Other creditors
11,299
133,847

Accruals and deferred income
102,745
165,200

895,237
989,196


Page 6

 
TGT 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
£
£

Net obligations under finance leases and hire purchase contracts
352,908
546,612

352,908
546,612


Included in other creditors are net obligations under finance leases and hire purchase contracts of £780,135 (2023: £818,427) which are secured on the related assets.


9.


Hire purchase and finance leases


2024
2023
£
£


Within one year
427,228
271,815

Between 1-5 years
352,907
546,612

780,135
818,427

 
Page 7