TIMESHARE AND HOTEL LIMITED

Company Registration Number:
SC182211 (Scotland)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

TIMESHARE AND HOTEL LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

TIMESHARE AND HOTEL LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 2 2
Investments: 4 420,622 420,622
Total fixed assets: 420,624 420,624
Current assets
Cash at bank and in hand: 3,175 3,052
Total current assets: 3,175 3,052
Creditors: amounts falling due within one year:   (399,875) (417,764)
Net current assets (liabilities): (396,700) (414,712)
Total assets less current liabilities: 23,924 5,912
Total net assets (liabilities): 23,924 5,912
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 23,914 5,902
Shareholders funds: 23,924 5,912

The notes form part of these financial statements

TIMESHARE AND HOTEL LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 June 2025
and signed on behalf of the board by:

Name: J Vance
Status: Director

The notes form part of these financial statements

TIMESHARE AND HOTEL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent impairment losses.

Other accounting policies

Corporation Tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

TIMESHARE AND HOTEL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

TIMESHARE AND HOTEL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 2,285
At 30 June 2024 2,285
Depreciation
At 01 July 2023 2,283
At 30 June 2024 2,283
Net book value
At 30 June 2024 2
At 30 June 2023 2

TIMESHARE AND HOTEL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Fixed investments

The Fixed Asset Investment represents 100% Investment in the Share Capital of Subsidiary Companies.