Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08335174 Mr Michal Zezula iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08335174 2023-12-31 08335174 2024-12-31 08335174 2024-01-01 2024-12-31 08335174 frs-core:CurrentFinancialInstruments 2024-12-31 08335174 frs-core:Non-currentFinancialInstruments 2024-12-31 08335174 frs-core:BetweenOneFiveYears 2024-12-31 08335174 frs-core:ComputerEquipment 2024-12-31 08335174 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08335174 frs-core:ComputerEquipment 2023-12-31 08335174 frs-core:FurnitureFittings 2024-12-31 08335174 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08335174 frs-core:FurnitureFittings 2023-12-31 08335174 frs-core:MotorVehicles 2024-12-31 08335174 frs-core:MotorVehicles 2024-01-01 2024-12-31 08335174 frs-core:MotorVehicles 2023-12-31 08335174 frs-core:PlantMachinery 2024-12-31 08335174 frs-core:PlantMachinery 2024-01-01 2024-12-31 08335174 frs-core:PlantMachinery 2023-12-31 08335174 frs-core:WithinOneYear 2024-12-31 08335174 frs-core:ShareCapital 2024-12-31 08335174 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08335174 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08335174 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08335174 frs-bus:SmallEntities 2024-01-01 2024-12-31 08335174 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08335174 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08335174 frs-bus:Director1 2024-01-01 2024-12-31 08335174 frs-countries:EnglandWales 2024-01-01 2024-12-31 08335174 2022-12-31 08335174 2023-12-31 08335174 2023-01-01 2023-12-31 08335174 frs-core:CurrentFinancialInstruments 2023-12-31 08335174 frs-core:Non-currentFinancialInstruments 2023-12-31 08335174 frs-core:BetweenOneFiveYears 2023-12-31 08335174 frs-core:WithinOneYear 2023-12-31 08335174 frs-core:ShareCapital 2023-12-31 08335174 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08335174
Igo Tours Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
C&H Stedman
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08335174
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 765,727 492,938
765,727 492,938
CURRENT ASSETS
Debtors 5 158,658 67,995
Cash at bank and in hand 265,593 204,216
424,251 272,211
Creditors: Amounts Falling Due Within One Year 6 (385,083 ) (218,896 )
NET CURRENT ASSETS (LIABILITIES) 39,168 53,315
TOTAL ASSETS LESS CURRENT LIABILITIES 804,895 546,253
Creditors: Amounts Falling Due After More Than One Year 7 (263,071 ) (228,378 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (196,616 ) (123,235 )
NET ASSETS 345,208 194,640
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 345,108 194,540
SHAREHOLDERS' FUNDS 345,208 194,640
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Michal Zezula
Director
25 September 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Igo Tours Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08335174 . The registered office is 3a Moorhall Road, Harefield, Uxbridge, UB9 6PE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight Line
Motor Vehicles 15% Written down value
Fixtures & Fittings 20% Straight Line
Computer Equipment 20% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The average number of employees during the year was 7 (2023: 5)
7 5
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 2,623 819,075 2,528 11,360 835,586
Additions 6,569 463,000 - 1,854 471,423
Disposals - (193,461 ) - - (193,461 )
As at 31 December 2024 9,192 1,088,614 2,528 13,214 1,113,548
Depreciation
As at 1 January 2024 371 338,033 1,779 2,465 342,648
Provided during the period 1,327 114,113 255 2,177 117,872
Disposals - (112,699 ) - - (112,699 )
As at 31 December 2024 1,698 339,447 2,034 4,642 347,821
Net Book Value
As at 31 December 2024 7,494 749,167 494 8,572 765,727
As at 1 January 2024 2,252 481,042 749 8,895 492,938
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 116,563 17,320
Other debtors 42,095 50,675
158,658 67,995
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 196,028 138,999
Trade creditors 90,440 10,377
Other creditors 91,222 61,553
Taxation and social security 7,393 7,967
385,083 218,896
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 261,592 225,536
Other creditors 1,479 2,842
263,071 228,378
Page 4
Page 5
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 196,028 138,999
Later than one year and not later than five years 261,592 225,536
457,620 364,535
457,620 364,535
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5