2023-10-012024-09-302024-09-30false00450807PROGRESSIVE TOURS LIMITED2025-06-17falseiso4217:GBPxbrli:pure004508072023-10-01004508072024-09-30004508072023-10-012024-09-30004508072022-10-01004508072023-09-30004508072022-10-012023-09-3000450807bus:SmallEntities2023-10-012024-09-3000450807bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3000450807bus:AbridgedAccounts2023-10-012024-09-3000450807bus:PrivateLimitedCompanyLtd2023-10-012024-09-3000450807core:WithinOneYear2024-09-3000450807core:AfterOneYear2024-09-3000450807core:WithinOneYear2023-09-3000450807core:AfterOneYear2023-09-3000450807core:ShareCapital2024-09-3000450807core:SharePremium2024-09-3000450807core:RevaluationReserve2024-09-3000450807core:OtherReservesSubtotal2024-09-3000450807core:RetainedEarningsAccumulatedLosses2024-09-3000450807core:ShareCapital2023-09-3000450807core:SharePremium2023-09-3000450807core:RevaluationReserve2023-09-3000450807core:OtherReservesSubtotal2023-09-3000450807core:RetainedEarningsAccumulatedLosses2023-09-3000450807core:LandBuildings2024-09-3000450807core:PlantMachinery2024-09-3000450807core:Vehicles2024-09-3000450807core:FurnitureFittings2024-09-3000450807core:OfficeEquipment2024-09-3000450807core:NetGoodwill2024-09-3000450807core:IntangibleAssetsOtherThanGoodwill2024-09-3000450807core:ListedExchangeTraded2024-09-3000450807core:UnlistedNon-exchangeTraded2024-09-3000450807core:LandBuildings2023-09-3000450807core:PlantMachinery2023-09-3000450807core:Vehicles2023-09-3000450807core:FurnitureFittings2023-09-3000450807core:OfficeEquipment2023-09-3000450807core:NetGoodwill2023-09-3000450807core:IntangibleAssetsOtherThanGoodwill2023-09-3000450807core:ListedExchangeTraded2023-09-3000450807core:UnlistedNon-exchangeTraded2023-09-3000450807core:LandBuildings2023-10-012024-09-3000450807core:PlantMachinery2023-10-012024-09-3000450807core:Vehicles2023-10-012024-09-3000450807core:FurnitureFittings2023-10-012024-09-3000450807core:OfficeEquipment2023-10-012024-09-3000450807core:NetGoodwill2023-10-012024-09-3000450807core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3000450807core:ListedExchangeTraded2023-10-012024-09-3000450807core:UnlistedNon-exchangeTraded2023-10-012024-09-3000450807core:MoreThanFiveYears2023-10-012024-09-3000450807core:Non-currentFinancialInstruments2024-09-3000450807core:Non-currentFinancialInstruments2023-09-3000450807dpl:CostSales2023-10-012024-09-3000450807dpl:DistributionCosts2023-10-012024-09-3000450807core:LandBuildings2023-10-012024-09-3000450807core:PlantMachinery2023-10-012024-09-3000450807core:Vehicles2023-10-012024-09-3000450807core:FurnitureFittings2023-10-012024-09-3000450807core:OfficeEquipment2023-10-012024-09-3000450807dpl:AdministrativeExpenses2023-10-012024-09-3000450807core:NetGoodwill2023-10-012024-09-3000450807core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3000450807dpl:GroupUndertakings2023-10-012024-09-3000450807dpl:ParticipatingInterests2023-10-012024-09-3000450807dpl:GroupUndertakingscore:ListedExchangeTraded2023-10-012024-09-3000450807core:ListedExchangeTraded2023-10-012024-09-3000450807dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-10-012024-09-3000450807core:UnlistedNon-exchangeTraded2023-10-012024-09-3000450807dpl:CostSales2022-10-012023-09-3000450807dpl:DistributionCosts2022-10-012023-09-3000450807core:LandBuildings2022-10-012023-09-3000450807core:PlantMachinery2022-10-012023-09-3000450807core:Vehicles2022-10-012023-09-3000450807core:FurnitureFittings2022-10-012023-09-3000450807core:OfficeEquipment2022-10-012023-09-3000450807dpl:AdministrativeExpenses2022-10-012023-09-3000450807core:NetGoodwill2022-10-012023-09-3000450807core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3000450807dpl:GroupUndertakings2022-10-012023-09-3000450807dpl:ParticipatingInterests2022-10-012023-09-3000450807dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3000450807core:ListedExchangeTraded2022-10-012023-09-3000450807dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3000450807core:UnlistedNon-exchangeTraded2022-10-012023-09-3000450807core:NetGoodwill2024-09-3000450807core:IntangibleAssetsOtherThanGoodwill2024-09-3000450807core:LandBuildings2024-09-3000450807core:PlantMachinery2024-09-3000450807core:Vehicles2024-09-3000450807core:FurnitureFittings2024-09-3000450807core:OfficeEquipment2024-09-3000450807core:AfterOneYear2024-09-3000450807core:WithinOneYear2024-09-3000450807core:ListedExchangeTraded2024-09-3000450807core:UnlistedNon-exchangeTraded2024-09-3000450807core:ShareCapital2024-09-3000450807core:SharePremium2024-09-3000450807core:RevaluationReserve2024-09-3000450807core:OtherReservesSubtotal2024-09-3000450807core:RetainedEarningsAccumulatedLosses2024-09-3000450807core:NetGoodwill2023-09-3000450807core:IntangibleAssetsOtherThanGoodwill2023-09-3000450807core:LandBuildings2023-09-3000450807core:PlantMachinery2023-09-3000450807core:Vehicles2023-09-3000450807core:FurnitureFittings2023-09-3000450807core:OfficeEquipment2023-09-3000450807core:AfterOneYear2023-09-3000450807core:WithinOneYear2023-09-3000450807core:ListedExchangeTraded2023-09-3000450807core:UnlistedNon-exchangeTraded2023-09-3000450807core:ShareCapital2023-09-3000450807core:SharePremium2023-09-3000450807core:RevaluationReserve2023-09-3000450807core:OtherReservesSubtotal2023-09-3000450807core:RetainedEarningsAccumulatedLosses2023-09-3000450807core:NetGoodwill2022-10-0100450807core:IntangibleAssetsOtherThanGoodwill2022-10-0100450807core:LandBuildings2022-10-0100450807core:PlantMachinery2022-10-0100450807core:Vehicles2022-10-0100450807core:FurnitureFittings2022-10-0100450807core:OfficeEquipment2022-10-0100450807core:AfterOneYear2022-10-0100450807core:WithinOneYear2022-10-0100450807core:ListedExchangeTraded2022-10-0100450807core:UnlistedNon-exchangeTraded2022-10-0100450807core:ShareCapital2022-10-0100450807core:SharePremium2022-10-0100450807core:RevaluationReserve2022-10-0100450807core:OtherReservesSubtotal2022-10-0100450807core:RetainedEarningsAccumulatedLosses2022-10-0100450807core:AfterOneYear2023-10-012024-09-3000450807core:WithinOneYear2023-10-012024-09-3000450807core:Non-currentFinancialInstrumentscore:CostValuation2023-10-012024-09-3000450807core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-012024-09-3000450807core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-012024-09-3000450807core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-012024-09-3000450807core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-012024-09-3000450807core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-012024-09-3000450807core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3000450807core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3000450807core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3000450807core:Non-currentFinancialInstrumentscore:CostValuation2024-09-3000450807core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-09-3000450807core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-09-3000450807core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-09-3000450807core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-09-3000450807core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-09-3000450807core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-09-3000450807core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-09-3000450807core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-09-3000450807core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3000450807core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3000450807core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3000450807core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3000450807core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3000450807core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3000450807core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3000450807core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3000450807core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3000450807bus:Director12023-10-012024-09-3000450807bus:Director22023-10-012024-09-30

PROGRESSIVE TOURS LIMITED

Registered Number
00450807
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

PROGRESSIVE TOURS LIMITED
Company Information
for the year from 1 October 2023 to 30 September 2024

Directors

TOETTCHER, Ben Alexander
TOETTCHER, Elizabeth Ann

Company Secretary

TOETTCHER, Ben Alexander

Registered Address

46 46 Bois Lane
Chesham Bois
Amersham
HP6 6BX

Registered Number

00450807 (England and Wales)
PROGRESSIVE TOURS LIMITED
Balance Sheet as at
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets393,750100,000
Tangible assets485,07223,664
178,822123,664
Current assets
Debtors316,288269,782
Cash at bank and on hand186,032130,679
502,320400,461
Creditors amounts falling due within one year(153,980)(64,930)
Net current assets (liabilities)348,340335,531
Total assets less current liabilities527,162459,195
Creditors amounts falling due after one year(51,667)(71,667)
Net assets475,495387,528
Capital and reserves
Called up share capital50,00050,000
Profit and loss account425,495337,528
Shareholders' funds475,495387,528
The financial statements were approved and authorised for issue by the Board of Directors on 17 June 2025, and are signed on its behalf by:
TOETTCHER, Ben Alexander
Director
Registered Company No. 00450807
PROGRESSIVE TOURS LIMITED
Notes to the Financial Statements
for the year ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Going concern
The director has, at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Hence it continues to adopt the going concern basis of accounting in preparing the financial statements. The assessment period for the purposes of considering going concern is the 12 months from the date on which these financial statements are signed.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years. Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Intangible fixed assets - 5% straight line If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible fixed assets and depreciation
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 accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Straight line (years)
Fixtures and fittings5
Vehicles5
Office Equipment4
2.Average number of employees

20242023
Average number of employees during the year65
3.Intangible assets

Total

£
Cost or valuation
At 01 October 23125,000
At 30 September 24125,000
Amortisation and impairment
At 01 October 2325,000
Charge for year6,250
At 30 September 2431,250
Net book value
At 30 September 2493,750
At 30 September 23100,000
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 October 2347,335
Additions74,353
At 30 September 24121,688
Depreciation and impairment
At 01 October 2323,671
Charge for year12,945
At 30 September 2436,616
Net book value
At 30 September 2485,072
At 30 September 2323,664
5.Related party transactions
Transactions with directors mainly arose business expenses paid on behalf of the company. The company was under the control of Mr. B A Toettcher throughout the current financial period. Mr. Toettcher is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.