Silverfin false false 30/04/2025 01/05/2024 30/04/2025 V Figueroa 11/04/2013 J Imbernon 11/04/2013 S Martin Gonzalez 01/05/2019 30 September 2025 The principal activity of the Company during the year was that of travel and tour operator activities. SC447413 2025-04-30 SC447413 bus:Director1 2025-04-30 SC447413 bus:Director2 2025-04-30 SC447413 bus:Director3 2025-04-30 SC447413 2024-04-30 SC447413 core:CurrentFinancialInstruments 2025-04-30 SC447413 core:CurrentFinancialInstruments 2024-04-30 SC447413 core:Non-currentFinancialInstruments 2025-04-30 SC447413 core:Non-currentFinancialInstruments 2024-04-30 SC447413 core:ShareCapital 2025-04-30 SC447413 core:ShareCapital 2024-04-30 SC447413 core:RetainedEarningsAccumulatedLosses 2025-04-30 SC447413 core:RetainedEarningsAccumulatedLosses 2024-04-30 SC447413 core:OtherResidualIntangibleAssets 2024-04-30 SC447413 core:OtherResidualIntangibleAssets 2025-04-30 SC447413 core:LandBuildings 2024-04-30 SC447413 core:PlantMachinery 2024-04-30 SC447413 core:Vehicles 2024-04-30 SC447413 core:FurnitureFittings 2024-04-30 SC447413 core:ComputerEquipment 2024-04-30 SC447413 core:LandBuildings 2025-04-30 SC447413 core:PlantMachinery 2025-04-30 SC447413 core:Vehicles 2025-04-30 SC447413 core:FurnitureFittings 2025-04-30 SC447413 core:ComputerEquipment 2025-04-30 SC447413 bus:OrdinaryShareClass1 2025-04-30 SC447413 2024-05-01 2025-04-30 SC447413 bus:FilletedAccounts 2024-05-01 2025-04-30 SC447413 bus:SmallEntities 2024-05-01 2025-04-30 SC447413 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 SC447413 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC447413 bus:Director1 2024-05-01 2025-04-30 SC447413 bus:Director2 2024-05-01 2025-04-30 SC447413 bus:Director3 2024-05-01 2025-04-30 SC447413 core:OtherResidualIntangibleAssets core:TopRangeValue 2024-05-01 2025-04-30 SC447413 core:LandBuildings core:TopRangeValue 2024-05-01 2025-04-30 SC447413 core:PlantMachinery core:TopRangeValue 2024-05-01 2025-04-30 SC447413 core:Vehicles core:TopRangeValue 2024-05-01 2025-04-30 SC447413 core:FurnitureFittings core:TopRangeValue 2024-05-01 2025-04-30 SC447413 core:ComputerEquipment core:TopRangeValue 2024-05-01 2025-04-30 SC447413 2023-05-01 2024-04-30 SC447413 core:OtherResidualIntangibleAssets 1 2024-05-01 2025-04-30 SC447413 1 2024-05-01 2025-04-30 SC447413 core:LandBuildings 2024-05-01 2025-04-30 SC447413 core:PlantMachinery 2024-05-01 2025-04-30 SC447413 core:Vehicles 2024-05-01 2025-04-30 SC447413 core:FurnitureFittings 2024-05-01 2025-04-30 SC447413 core:ComputerEquipment 2024-05-01 2025-04-30 SC447413 core:LandBuildings 1 2024-05-01 2025-04-30 SC447413 core:PlantMachinery 1 2024-05-01 2025-04-30 SC447413 core:Vehicles 1 2024-05-01 2025-04-30 SC447413 core:FurnitureFittings 1 2024-05-01 2025-04-30 SC447413 core:ComputerEquipment 1 2024-05-01 2025-04-30 SC447413 core:CurrentFinancialInstruments 2024-05-01 2025-04-30 SC447413 core:Non-currentFinancialInstruments 2024-05-01 2025-04-30 SC447413 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 SC447413 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC447413 (Scotland)

# T A SCOTLAND LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH THE REGISTRAR

T A SCOTLAND LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025

Contents

T A SCOTLAND LIMITED

## BALANCE SHEET

AS AT 30 APRIL 2025
T A SCOTLAND LIMITED

## BALANCE SHEET (continued)

AS AT 30 APRIL 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 1,837,576 |  | 264,508
|  | 1,837,576 |  | 264,508
Current assets |  |  |  |
Debtors | 5 | 389,264 |  | 219,640
Cash at bank and in hand |  | 568,682 |  | 725,018
|  | 957,946 |  | 944,658
Creditors: amounts falling due within one year | 6 | ( 976,270) |  | ( 785,725)
Net current (liabilities)/assets |  | (18,324) |  | 158,933
Total assets less current liabilities |  | 1,819,252 |  | 423,441
Creditors: amounts falling due after more than one year | 7 | ( 1,097,729) |  | 0
Provision for liabilities |  | ( 198,193) |  | 0
Net assets |  | 523,330 |  | 423,441
Capital and reserves |  |  |  |
Called-up share capital | 8 | 2 |  | 2
Profit and loss account |  | 523,328 |  | 423,439
Total shareholders' funds |  | 523,330 |  | 423,441

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of T A Scotland Limited (registered number: SC447413) were approved and authorised for issue by the Board of Directors on 30 September 2025. They were signed on its behalf by:

J Imbernon Director |

T A SCOTLAND LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025
T A SCOTLAND LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

T A Scotland Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 3 Old Fishmarket Close, Edinburgh, EH1 1RW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

##### Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Defined contribution schemes
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.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets | 4 years straight line

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | 50 years straight line
Plant and machinery | 4 years straight line
Vehicles | 4 years straight line
Fixtures and fittings | 5 years straight line
Computer equipment | 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 61 |  | 50

#### 3. Intangible assets

| Other intangible assets |  | Total
| £ |  | £
Cost |  |  |
At 01 May 2024 | 0 |  | 0
Transfers | 12,832 |  | 12,832
At 30 April 2025 | 12,832 |  | 12,832
Accumulated amortisation |  |  |
At 01 May 2024 | 0 |  | 0
Transfers | 12,832 |  | 12,832
At 30 April 2025 | 12,832 |  | 12,832
Net book value |  |  |
At 30 April 2025 | 0 |  | 0
At 30 April 2024 | 0 |  | 0

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |  |  |
At 01 May 2024 | 0 |  | 26,720 |  | 1,781,733 |  | 21,058 |  | 2,305 |  | 1,831,816
Additions | 1,042,298 |  | 26,500 |  | 659,000 |  | 0 |  | 0 |  | 1,727,798
Disposals | 0 |  | 0 |  | ( 249,380) |  | 0 |  | 0 |  | ( 249,380)
Transfers | 0 |  | ( 12,832) |  | 0 |  | 0 |  | 0 |  | ( 12,832)
At 30 April 2025 | 1,042,298 |  | 40,388 |  | 2,191,353 |  | 21,058 |  | 2,305 |  | 3,297,402
Accumulated depreciation |  |  |  |  |  |  |  |  |  |  |
At 01 May 2024 | 0 |  | 26,720 |  | 1,518,719 |  | 21,058 |  | 811 |  | 1,567,308
Charge for the financial year | 0 |  | 1,656 |  | 152,498 |  | 0 |  | 576 |  | 154,730
Disposals | 0 |  | 0 |  | ( 249,380) |  | 0 |  | 0 |  | ( 249,380)
Transfers | 0 |  | ( 12,832) |  | 0 |  | 0 |  | 0 |  | ( 12,832)
At 30 April 2025 | 0 |  | 15,544 |  | 1,421,837 |  | 21,058 |  | 1,387 |  | 1,459,826
Net book value |  |  |  |  |  |  |  |  |  |  |
At 30 April 2025 | 1,042,298 |  | 24,844 |  | 769,516 |  | 0 |  | 918 |  | 1,837,576
At 30 April 2024 | 0 |  | 0 |  | 263,014 |  | 0 |  | 1,494 |  | 264,508

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 259,092 |  | 181,613
Other debtors | 130,172 |  | 38,027
| 389,264 |  | 219,640

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 68,707 |  | 0
Trade creditors | 99,178 |  | 82,940
Taxation and social security | 148,073 |  | 295,517
Obligations under finance leases and hire purchase contracts | 113,500 |  | 0
Other creditors | 546,812 |  | 407,268
| 976,270 |  | 785,725

The bank loan is secured by a fixed and floating charge over the company's assets. The hire purchase contracts are secured over the assets to which they relate.

#### 7. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 804,521 |  | 0
Obligations under finance leases and hire purchase contracts | 293,208 |  | 0
| 1,097,729 |  | 0

The bank loan is secured by a fixed and floating charge over the company's assets. The hire purchase contracts are secured over the assets to which they relate.

#### 8. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
2 Ordinary shares of £ 1.00 each | 2 |  | 2

#### 9. Financial commitments

Commitments

| 2025 |  | 2024
| £ |  | £
Total future minimum lease payments under non-cancellable operating lease | 40,700 |  | 83,850