| REGISTERED NUMBER: |
| AUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| FOR |
| SPECIALISED TRAVEL CONCERT TOURING |
| LIMITED |
| REGISTERED NUMBER: |
| AUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| FOR |
| SPECIALISED TRAVEL CONCERT TOURING |
| LIMITED |
| SPECIALISED TRAVEL CONCERT TOURING |
| LIMITED (REGISTERED NUMBER: 00713414) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| SPECIALISED TRAVEL CONCERT TOURING |
| LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| SENIOR STATUTORY AUDITOR: |
| AUDITORS: |
| Chartered Accountants |
| and Statutory Auditors |
| Unit 4 Mulgrave Chambers |
| 26-28 Mulgrave Road |
| Sutton |
| Surrey |
| SM2 6LE |
| SPECIALISED TRAVEL CONCERT TOURING |
| LIMITED (REGISTERED NUMBER: 00713414) |
| BALANCE SHEET |
| 31 DECEMBER 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| SHAREHOLDERS' FUNDS |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| SPECIALISED TRAVEL CONCERT TOURING |
| LIMITED (REGISTERED NUMBER: 00713414) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 1. | STATUTORY INFORMATION |
| Specialised Travel Concert Touring Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102. The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared on a going concern basis and under the historical cost convention. |
| Going concern |
| The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts. |
| The directors, having considered all the information available, are confident that the company has adequate reserves and resources thereto to continue its operational activities for the foreseeable future. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Revenue recognition |
| Revenue represents the invoiced value of services provided, stated net of value added tax and is recognised by reference to the date of departure. |
| Where an invoice is raised within the year but relates to a date of departure after the year end, the relevant turnover is deferred in the balance sheet and included within creditors. |
| Foreign currencies |
| Foreign exchange transactions are translated using the spot exchange rates at the dates of the transactions. |
| At each period end foreign currency monetary items (such as trade debtors and trade creditors) are translated using the closing rate. |
| All other exchange differences are recognised in other comprehensive income. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| VAT |
| Prepayments and accrued income |
| 5. | CASH AT BANK |
| Included within cash at bank is an amount of £845,848 (2023: £425,120) held in trust with Protected Trust Services Limited in respect of client monies for future departures. These funds are held in a travel trust account to ensure financial protection for clients. The Company's membership number is 5726. |
| SPECIALISED TRAVEL CONCERT TOURING |
| LIMITED (REGISTERED NUMBER: 00713414) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Accruals and deferred income |
| 7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 8. | ULTIMATE PARENT COMPANY |
| The company is owned by Specialised Travel Limited, a company registered in the United Kingdom (01472055). The registered address is Spaces Ealing Aurora, 71-75 Uxbridge Road, Ealing, London, W5 2SL. |