REGISTERED NUMBER: 01291451 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SCANCOMING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs R J Currie-Smith

Mr J G Currie-Smith

REGISTERED OFFICE:

Villa Fino

Higher Erith Road

Torquay

Devon

TQ1 2NQ

REGISTERED NUMBER:

01291451 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Nat West

69 Baker Street

London

W1U 6AT

FIXED ASSETS

Tangible assets

4

10,155

8,871

CURRENT ASSETS

Stocks

5

6,275

6,275

Debtors

6

41,760

77,449

Cash at bank

303,716

311,721

351,751

395,445

CREDITORS

Amounts falling due within one year

7

78,840

123,545

NET CURRENT ASSETS

272,911

271,900

TOTAL ASSETS LESS CURRENT LIABILITIES

283,066

280,771

PROVISIONS FOR LIABILITIES

2,539

2,218

NET ASSETS

280,527

278,553

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

270,527

268,553

SHAREHOLDERS' FUNDS

280,527

278,553

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

Mrs R J Currie-Smith - Director

1.	STATUTORY INFORMATION

Scancoming Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current 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 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.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Turnover

Turnover represents amounts receivable for hotel accommodation, tours and other services provided to customers. Turnover is recognised for hotel accommodation on the first day of occupancy and for tours and services on the first day of the tour or the actual day of service if not included in a package containing hotel accommodation or tours.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

26,758

Additions

3,076

At 31 December 2024

29,834

DEPRECIATION

At 1 January 2024

17,887

Charge for year

1,792

At 31 December 2024

19,679

NET BOOK VALUE

At 31 December 2024

10,155

At 31 December 2023

8,871

5.

STOCKS

2024

2023

£

£

Stocks

6,275

6,275

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

25,308

43,375

Amounts owed by group undertakings

-

1,301

Other debtors

-

4,215

VAT

13,752

18,909

Prepayments

2,700

9,649

41,760

77,449

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Payments on account

20,603

50,603

Trade creditors

4,299

10,572

Amounts owed to group undertakings

1,719

4,668

Tax

35,388

38,300

Social security and other taxes

426

-

Other creditors

11,117

8,826

Directors' current accounts

2,944

2,310

Accrued expenses

2,344

8,266

78,840

123,545

8.	SECURED DEBTS

The company's bankers, Nat West hold a fixed and floating charge over all the assets of the company.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mrs R J Currie-Smith

Balance outstanding at start of year

(1,155

)

(921

)

Amounts advanced

53,166

674

Amounts repaid

(53,483

)

(908

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,472

)

(1,155

)

Mr J G Currie-Smith

Balance outstanding at start of year

(1,155

)

(921

)

Amounts advanced

53,166

674

Amounts repaid

(53,483

)

(908

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,472

)

(1,155

)

Loans are unsecured, interest free and repayable on demand.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £105,150 were paid to the directors .