IRIS Accounts Production v25.3.0.601 SC236962 Board of Directors 1.7.24 30.6.25 30.6.25 true false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC236962 2024-06-30 SC236962 2025-06-30 SC236962 2024-07-01 2025-06-30 SC236962 2023-06-30 SC236962 2023-07-01 2024-06-30 SC236962 2024-06-30 SC236962 ns15:Scotland 2024-07-01 2025-06-30 SC236962 ns14:PoundSterling 2024-07-01 2025-06-30 SC236962 ns10:Director1 2024-07-01 2025-06-30 SC236962 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC236962 ns10:SmallEntities 2024-07-01 2025-06-30 SC236962 ns10:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC236962 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 SC236962 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 SC236962 ns10:FullAccounts 2024-07-01 2025-06-30 SC236962 1 2024-07-01 2025-06-30 SC236962 ns10:Director2 2024-07-01 2025-06-30 SC236962 ns10:RegisteredOffice 2024-07-01 2025-06-30 SC236962 ns5:CurrentFinancialInstruments 2025-06-30 SC236962 ns5:CurrentFinancialInstruments 2024-06-30 SC236962 ns5:ShareCapital 2025-06-30 SC236962 ns5:ShareCapital 2024-06-30 SC236962 ns5:CapitalRedemptionReserve 2025-06-30 SC236962 ns5:CapitalRedemptionReserve 2024-06-30 SC236962 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 SC236962 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 SC236962 ns5:NetGoodwill 2024-07-01 2025-06-30 SC236962 ns5:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 SC236962 ns5:ComputerSoftware 2024-07-01 2025-06-30 SC236962 ns5:NetGoodwill 2024-06-30 SC236962 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-30 SC236962 ns5:NetGoodwill 2025-06-30 SC236962 ns5:IntangibleAssetsOtherThanGoodwill 2025-06-30 SC236962 ns5:NetGoodwill 2024-06-30 SC236962 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-30 SC236962 ns5:FurnitureFittings 2024-06-30 SC236962 ns5:ComputerEquipment 2024-06-30 SC236962 ns5:FurnitureFittings 2024-07-01 2025-06-30 SC236962 ns5:ComputerEquipment 2024-07-01 2025-06-30 SC236962 ns5:FurnitureFittings 2025-06-30 SC236962 ns5:ComputerEquipment 2025-06-30 SC236962 ns5:FurnitureFittings 2024-06-30 SC236962 ns5:ComputerEquipment 2024-06-30 SC236962 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 SC236962 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30 SC236962 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 SC236962 ns5:CapitalRedemptionReserve 2024-06-30 SC236962 ns5:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 SC236962 1 ns10:Director1 2024-06-30 SC236962 1 ns10:Director1 2023-06-30 SC236962 1 ns10:Director1 2024-07-01 2025-06-30 SC236962 1 ns10:Director1 2023-07-01 2024-06-30 SC236962 1 ns10:Director1 2025-06-30 SC236962 1 ns10:Director1 2024-06-30

REGISTERED NUMBER: SC236962 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

SCANDINAVIAN TRAVEL LTD.

SCANDINAVIAN TRAVEL LTD. (REGISTERED NUMBER: SC236962)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

SCANDINAVIAN TRAVEL LTD.

COMPANY INFORMATION

FOR THE YEAR ENDED 30 JUNE 2025

| DIRECTORS: | O T Murat

| Miss A S Jomas

| REGISTERED OFFICE: | 4th Floor

| 115 George Street

| Edinburgh

| EH2 4JN

| REGISTERED NUMBER: | SC236962 (Scotland)

| ACCOUNTANTS: | Prime

| Chartered Accountants

| Corner Oak

| 1 Homer Road

| Solihull

| B91 3QG

SCANDINAVIAN TRAVEL LTD. (REGISTERED NUMBER: SC236962)

BALANCE SHEET

30 JUNE 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 3 | 17,762 |  | 19,104 |  |

Tangible assets | 4 | - |  | 631 |  |

17,762 |  | 19,735 |  |

CURRENT ASSETS

Debtors | 5 | 4,959 |  | 72,369 |  |

Cash at bank and in hand | 302,012 |  | 210,258 |  |

306,971 |  | 282,627 |  |

CREDITORS

Amounts falling due within one year | 6 | 188,913 |  | 170,638 |  |

NET CURRENT ASSETS | 118,058 |  | 111,989 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 135,820 |  | 131,724 |  |

CAPITAL AND RESERVES

Called up share capital | 21,435 |  | 21,435 |  |

Capital redemption reserve | 7 | 21,435 |  | 21,435 |  |

Retained earnings | 7 | 92,950 |  | 88,854 |  |

SHAREHOLDERS' FUNDS | 135,820 |  | 131,724 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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.

SCANDINAVIAN TRAVEL LTD. (REGISTERED NUMBER: SC236962)

BALANCE SHEET - continued

30 JUNE 2025

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2025 and were signed on its behalf by:

O T Murat - Director

SCANDINAVIAN TRAVEL LTD. (REGISTERED NUMBER: SC236962)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1. | 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.

| Turnover

| Turnover represents amounts receivable for tour operator services recognised on a departure date basis.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Computer software is being amortised evenly over its estimated useful life of nil years.

| Tangible fixed assets

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

| useful life.

| Fixtures and fittings - 25% on cost

| Computer equipment - 33.33% on cost

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

| Derivative financial instruments

| Derivative financial instruments are initially measured at fair value on the date in which the contract is entered and are subsequently valued at fair value with any movement being included in the income statement.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 6 ) .

SCANDINAVIAN TRAVEL LTD. (REGISTERED NUMBER: SC236962)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

3. | INTANGIBLE FIXED ASSETS

| Other |

| intangible |

| Goodwill |  | assets |  | Totals

£ | £ | £ |

| COST

| At 1 July 2024

| and 30 June 2025 | 12,870 |  | 26,416 |  | 39,286 |  |

| AMORTISATION

| At 1 July 2024 | 12,870 |  | 3,371 |  | 16,241 |  |

| Charge for year | - |  | 5,283 |  | 5,283 |  |

| At 30 June 2025 | 12,870 |  | 8,654 |  | 21,524 |  |

| NET BOOK VALUE

| At 30 June 2025 | - |  | 17,762 |  | 17,762 |  |

| At 30 June 2024 | - |  | 23,045 |  | 23,045 |  |

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 July 2024

| and 30 June 2025 | 7,416 |  | 6,940 |  | 14,356 |  |

| DEPRECIATION

| At 1 July 2024 | 7,416 |  | 6,309 |  | 13,725 |  |

| Charge for year | - |  | 631 |  | 631 |  |

| At 30 June 2025 | 7,416 |  | 6,940 |  | 14,356 |  |

| NET BOOK VALUE

| At 30 June 2025 | - |  | - |  | - |  |

| At 30 June 2024 | - |  | 631 |  | 631 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 4,959 |  | 72,369 |  |

SCANDINAVIAN TRAVEL LTD. (REGISTERED NUMBER: SC236962)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 23,167 |  | 20,746 |  |

| Taxation and social security | 2,729 |  | 3,439 |  |

| Other creditors | 163,017 |  | 146,453 |  |

188,913 |  | 170,638 |  |

7. | RESERVES

| Capital |

| Retained |  | redemption |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 July 2024 | 88,854 |  | 21,435 |  | 110,289 |  |

| Profit for the year | 4,096 |  | - |  | 4,096 |  |

| At 30 June 2025 | 92,950 |  | 21,435 |  | 114,385 |  |

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025 | 2024 |

£ | £ |

| O T Murat

| Balance outstanding at start of year | 68,053 |  | (6,947 | ) |

| Amounts advanced | 425 |  | 75,000 |  |

| Amounts repaid | (105,000 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (36,522 | ) | 68,053 |  |