Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-313falseNo description of principal activity2024-01-013falsetrue 03904312 2024-01-01 2024-12-31 03904312 2023-01-01 2023-12-31 03904312 2024-12-31 03904312 2023-12-31 03904312 2023-01-01 03904312 c:Director1 2024-01-01 2024-12-31 03904312 d:CurrentFinancialInstruments 2024-12-31 03904312 d:CurrentFinancialInstruments 2023-12-31 03904312 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 03904312 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03904312 d:ShareCapital 2024-12-31 03904312 d:ShareCapital 2023-01-01 2023-12-31 03904312 d:ShareCapital 2023-12-31 03904312 d:ShareCapital 2023-01-01 03904312 d:RetainedEarningsAccumulatedLosses 2024-12-31 03904312 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 03904312 d:RetainedEarningsAccumulatedLosses 2023-12-31 03904312 d:RetainedEarningsAccumulatedLosses 2023-01-01 03904312 c:FRS102 2024-01-01 2024-12-31 03904312 c:Audited 2024-01-01 2024-12-31 03904312 c:FullAccounts 2024-01-01 2024-12-31 03904312 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03904312 c:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03904312 2 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 03904312









GROUP TRAVEL CONNECTION (TRANSPORT) LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
GROUP TRAVEL CONNECTION (TRANSPORT) LIMITED
REGISTERED NUMBER: 03904312

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
47,661
17,005

Cash at bank and in hand
 5 
21,633
27,774

  
69,294
44,779

Creditors: amounts falling due within one year
 6 
(67,294)
(42,779)

Net current assets
  
 
 
2,000
 
 
2,000

Total assets less current liabilities
  
2,000
2,000

  

Net assets
  
2,000
2,000


Capital and reserves
  

Called up share capital 
  
2,000
2,000

  
2,000
2,000


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 24 June 2025.




................................................
F M Charrington
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 1

 
GROUP TRAVEL CONNECTION (TRANSPORT) LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2023
2,000
(12,709)
(10,709)


Comprehensive income for the year

Profit for the year
-
12,709
12,709
Total comprehensive income for the year
-
12,709
12,709



At 1 January 2024
2,000
-
2,000


At 31 December 2024
2,000
-
2,000


The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
GROUP TRAVEL CONNECTION (TRANSPORT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Group Travel Connection (Transport) Limited is a private company limited by shares, incorporated in England and Wales. The address of its registered office is First Floor, 12 Charlotte Street, Bath, BA1 2NE.
The Company's principal activity is that of a transport provider to its holding company, Heritage Group Travel Limited, under the TOMS VAT Transport Company Scheme.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Board and management meet regularly during the year and continue to review the Group's financial position, budgets and forecasts in order to neutralise the potential financial impact from any
significant downturn in trading.
As a result of these reviews and projections, the Board and management have a reasonable
expectation that the Group and Company have adequate resources to continue in operational existence for the foreseeable future, being at least the following 12 months from the signing of these financial statements. The Company also continues to receive the full support of the Group.
Consequently, the directors believe that it is still appropriate to apply the going concern basis for the
foreseeable future.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Turnover represents amounts receivable for flights and transport costs sold to the parent company, net of value added tax and trade discounts.

 
2.4

Interest income

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

 
2.5

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.

Page 3

 
GROUP TRAVEL CONNECTION (TRANSPORT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

 
2.8

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.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.


3.


Employees

The company had no employees during the year or the preceding year.

Page 4

 
GROUP TRAVEL CONNECTION (TRANSPORT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Debtors

2024
2023
£
£


Prepayments and accrued income
47,661
17,005

47,661
17,005



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
21,633
27,774

21,633
27,774



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
63,843
39,578

Accruals and deferred income
3,451
3,201

67,294
42,779



7.Mortgages and charges

A charge created by the Company and dated 25 July 2024 in favour of Piper PE LLP, containing fixed and floating charges over all assets of the Company, was registered at Companies House on 26 July 2024.
Additionally, a further charge created by the Company and dated 25 July 2024 in favour of TC Loans Limited, containing fixed and floating charges over all assets of the Company, was registered at Companies House on 26 July 2024.


8.


Related party transactions

The Company has taken advantage of the exemption in Financial Reporting Standard 102 Section 1A from the requirement to disclose transactions with group companies on the grounds that consolidated financial statements are prepared by the ultimate parent company and are publicly available.

Page 5

 
GROUP TRAVEL CONNECTION (TRANSPORT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

9.


Controlling party

The Company's immediate parent undertaking is Heritage Group Travel Limited, by virtue of its holding the entire issued share capital of the Company.
The Company's ultimate parent undertaking is Carthage Topco Ltd, a company incorporated in England and Wales. Copies of the consolidated financial statements of Carthage Topco Ltd can be obtained from its registered office of Unit Bm2s.08 Barley Mow Centre, 10 Barley Mow Passage, London, W4 4PH.
In the opinion of the directors, the Company has no ultimate controlling party. 


10.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 24 June 2025 by M S Caldicott ACA FCCA CTA (Senior Statutory Auditor) on behalf of White Hart Associates (London) Limited.

 
Page 6