Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-31112023-11-01falseThe principal activity of the company continued to be that of the provision of sports based holidays.10falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05972182 2023-11-01 2024-10-31 05972182 2022-11-01 2023-10-31 05972182 2024-10-31 05972182 2023-10-31 05972182 c:Director5 2023-11-01 2024-10-31 05972182 d:ComputerEquipment 2023-11-01 2024-10-31 05972182 d:ComputerEquipment 2024-10-31 05972182 d:ComputerEquipment 2023-10-31 05972182 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 05972182 d:CurrentFinancialInstruments 2024-10-31 05972182 d:CurrentFinancialInstruments 2023-10-31 05972182 d:Non-currentFinancialInstruments 2024-10-31 05972182 d:Non-currentFinancialInstruments 2023-10-31 05972182 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 05972182 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 05972182 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 05972182 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 05972182 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-10-31 05972182 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 05972182 d:ShareCapital 2024-10-31 05972182 d:ShareCapital 2023-10-31 05972182 d:SharePremium 2024-10-31 05972182 d:SharePremium 2023-10-31 05972182 d:RetainedEarningsAccumulatedLosses 2024-10-31 05972182 d:RetainedEarningsAccumulatedLosses 2023-10-31 05972182 c:FRS102 2023-11-01 2024-10-31 05972182 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05972182 c:FullAccounts 2023-11-01 2024-10-31 05972182 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05972182 2 2023-11-01 2024-10-31 05972182 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 05972182










ACTIVE AWAY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
ACTIVE AWAY LIMITED
REGISTERED NUMBER: 05972182

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
10,362
8,026

  
10,362
8,026

Current assets
  

Debtors: amounts falling due within one year
 5 
91,085
87,014

Cash at bank and in hand
 6 
1,607,605
1,492,664

  
1,698,690
1,579,678

Creditors: amounts falling due within one year
 7 
(1,092,523)
(1,036,341)

Net current assets
  
 
 
606,167
 
 
543,337

Total assets less current liabilities
  
616,529
551,363

Creditors: amounts falling due after more than one year
 8 
(9,093)
(25,621)

Provisions for liabilities
  

Deferred tax
  
(2,591)
(2,007)

  
 
 
(2,591)
 
 
(2,007)

Net assets
  
604,845
523,735


Capital and reserves
  

Called up share capital 
  
105
105

Share premium account
  
19
19

Profit and loss account
  
604,721
523,611

  
604,845
523,735


Page 1

 
ACTIVE AWAY LIMITED
REGISTERED NUMBER: 05972182
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

The directors consider 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 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 30 April 2025.




J J Thompson
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ACTIVE AWAY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Active Away Limited is a private company limited by shares incorporated in England and Wales. The registered office is Kemp House, 152-160 City Road, London, England, EC1V 2NX.

The principal activity of the company continued to be that of the provision of sports based holidays.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
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 compromises of revenue recognised by the company in respect of holidays and other services supplied to customers in the ordinary course of business. Revenue is taken to the profit and loss account based on the date of departure.

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
ACTIVE AWAY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.


 
2.9

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 4

 
ACTIVE AWAY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipments
-
33%

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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

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.

 
2.14

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 ordinary shares.


Page 5

 
ACTIVE AWAY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.15

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 directors, during the year was 11 (2023 - 10).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 November 2023
17,293


Additions
6,743



At 31 October 2024

24,036



Depreciation


At 1 November 2023
9,267


Charge for the year on owned assets
4,407



At 31 October 2024

13,674



Net book value



At 31 October 2024
10,362



At 31 October 2023
8,026

Page 6

 
ACTIVE AWAY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Debtors

2024
2023
£
£


Other debtors
56,613
25,315

Prepayments and accrued income
34,472
61,699

91,085
87,014


Prepayments and accrued income includes advance payments to suppliers for future departures amounting to £26,085.


6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,607,605
1,492,664

1,607,605
1,492,664



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,353
10,098

Trade creditors
53,828
91,824

Corporation tax
130,974
126,945

Other creditors
12,370
11,374

Accruals and deferred income
884,998
796,100

1,092,523
1,036,341


The Royal Bank of Scotland PLC has a charge over all monies due or to become due from the company to the chargee on any account whatsoever.
Accruals & deferred income includes advance receipts from customers for future departures amounting to £837,265.

Page 7

 
ACTIVE AWAY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
6,160
16,514

Accruals and deferred income
2,933
9,107

9,093
25,621



9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,353
10,098


10,353
10,098


Amounts falling due 2-5 years

Bank loans
6,160
16,514


6,160
16,514


16,513
26,612



10.


Pension commitments

The company operates a defined contributions pension scheme. The assets if the scheme are held seperately from those of the company in an independantly administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £16,415 (2023: £1,430). Contributions totalling £12,000 (2023: £nil) were payable to the fund at the balance sheet date.


11.


Controlling party

The controlling party is, S Davies, a shareholder & director of the Company.

 
Page 8