Company Registration No. SC280740 (Scotland)
SCS Travel Limited
Unaudited accounts
for the period from 29 February 2024 to 28 February 2025
SCS Travel Limited
Unaudited accounts
Contents
SCS Travel Limited
Company Information
for the period from 29 February 2024 to 28 February 2025
Company Number
SC280740 (Scotland)
Registered Office
"The Summerhouse"
29A Kenilworth Road, Bridge of Allan
Stirling
FK9 4EH
Scotland
Accountants
Bridge of Allan Enterprise Ltd
"The Summerhouse"
29A Kenilworth Road, Bridge of Allan
Stirling
FK9 4EH
SCS Travel Limited
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
3,123
2,272
Creditors: amounts falling due within one year
(12,812)
(20,836)
Net current assets
44,777
39,671
Called up share capital
1
1
Profit and loss account
44,776
39,670
Shareholders' funds
44,777
39,671
For the period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 March 2025 and were signed on its behalf by
Isobel Rutter
Director
Company Registration No. SC280740
SCS Travel Limited
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
SCS Travel Limited is a private company, limited by shares, registered in Scotland, registration number SC280740. The registered office is "The Summerhouse", 29A Kenilworth Road, Bridge of Allan, Stirling, FK9 4EH, Scotland .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
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.
The financial statements have been prepared on a going concern basis. The Director has reviewed and considered relevant information, including the annual budget and future cash flows in making the assessment.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the commission earned on trips organised, excluding discounts and
value added tax where applicable
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, has been amortised evenly over its estimated useful life of ten years
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual
value of each asset over its estimated useful life.
Computer equipment
33% per annum on cost
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
SCS Travel Limited
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
4
Intangible fixed assets
Goodwill
At 29 February 2024
20,000
At 28 February 2025
20,000
At 29 February 2024
20,000
At 28 February 2025
20,000
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
54,466
58,235
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,429
7,777
Loans from directors
9,529
11,559
8
Average number of employees
During the period the average number of employees was 1 (2024: 1).