Company registration number 04194702 (England and Wales)
ALTAMERIC LIMITED
TRADING AS INDEPENDENT COTTAGES
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
ALTAMERIC LIMITED
TRADING AS INDEPENDENT COTTAGES
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
ALTAMERIC LIMITED
TRADING AS INDEPENDENT COTTAGES
STATEMENT OF FINANCIAL POSITION
AS AT
30 NOVEMBER 2024
30 November 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
160
279
Current assets
Debtors
4
1,900
173,889
Cash at bank and in hand
240,310
526,319
242,210
700,208
Creditors: amounts falling due within one year
5
(224,255)
(229,459)
Net current assets
17,955
470,749
Total assets less current liabilities
18,115
471,028
Provisions for liabilities
(40)
(70)
Net assets
18,075
470,958
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
18,073
470,956
Total equity
18,075
470,958
For the financial year ended 30 November 2024 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 of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 19 August 2025
Mr M R Fox
Director
Company registration number 04194702 (England and Wales)
ALTAMERIC LIMITED
TRADING AS INDEPENDENT COTTAGES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 2 -
1
Accounting policies
Company information
Altameric Limited is a private company limited by shares incorporated in England and Wales. The registered office is LG.03 Cargo Works Business Centre, 1-2 Hatfields, London, SE1 9PG.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied
and services rendered, net of discounts and Value Added Tax.
Revenue from a contract to provide services is recognised in the period in which the services are
provided in accordance with the stage of completion of the contract.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computers
15% on reducing balance
1.4
Taxation
The tax expense represents the sum of the tax currently payable 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 tax
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 statement of financial position date.
ALTAMERIC LIMITED
TRADING AS INDEPENDENT COTTAGES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
1
Accounting policies
(Continued)
- 3 -
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
1.5
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
0
0
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2023 and 30 November 2024
358
Depreciation and impairment
At 1 December 2023
79
Depreciation charged in the year
119
At 30 November 2024
198
Carrying amount
At 30 November 2024
160
At 30 November 2023
279
ALTAMERIC LIMITED
TRADING AS INDEPENDENT COTTAGES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 4 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,787
1,260
Corporation tax recoverable
5,867
Amounts owed by group undertakings
166,762
Other debtors
113
1,900
173,889
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
1,582
4,131
Taxation and social security
22,169
21,778
Other creditors
200,504
203,550
224,255
229,459
6
Ultimate controlling party
The ultimate controlling party is Snaptrip Group Limited registered at Lg.03, Cargo Works, 1-2 Hatfields, London, England SE1 9PG.
7
Related party disclosure
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.