HOLIDAY HOMES EDINBURGH LTD


Directors	SVETKOV, Zsolt
	TOTH, Jozef


Registered Address	272 Bath Street
	Glasgow
	G2 4JR


Registered Number	SC711741 (Scotland)

Balance Sheet as at
30 October 2024

	Notes	2024		2023
		£	£	£	£
ASSETS
Fixed assets
Tangible assets	3		1,311		3,120
			1,311		3,120
Current assets
Debtors	4	84,702		20,256
Cash at bank and in hand		7,796		11
		92,498		20,267
			92,498		20,267
			93,809		23,387
CAPITAL, RESERVES AND LIABILITIES
Capital and reserves
Called up share capital			100		-
Profit and loss account			-		(6,128)
			100		(6,128)
Liabilities
Creditors amounts falling due within one year	5		93,709		29,515
			93,809		23,387

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 October 2025, and are signed on its behalf by:

TOTH, Jozef
Director
Registered Company No. SC711741

HOLIDAY HOMES EDINBURGH LTD

Notes to the Financial Statements
for the year ended 30 October 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Vehicles	5
	Office Equipment	5

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 31 October 23	3,600	-	3,600
Additions	-	1,399	1,399
Disposals	(3,600)	-	(3,600)
At 30 October 24	-	1,399	1,399
Depreciation and impairment
At 31 October 23	480	-	480
Charge for year	-	88	88
On disposals	(480)	-	(480)
At 30 October 24	-	88	88
Net book value
At 30 October 24	-	1,311	1,311
At 30 October 23	3,120	-	3,120

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	40,075	8,016
Amounts owed by associates and joint ventures / participating interests	44,100	12,037
Other debtors	527	-
Prepayments and accrued income	-	203
Total	84,702	20,256

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	4,435	486
Taxation and social security	76,711	4,112
Other creditors	12,134	24,496
Accrued liabilities and deferred income	429	421
Total	93,709	29,515

6.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
TOTH, Jozef	12,036	223,738	191,702	44,072
	12,036	223,738	191,702	44,072

7.	Share capital
	Allotted, Called up and fully paid: £100 (2024) £100 (2023)

8.	Controlling party
	The company's controlling party is the directors Jozef Toth by virtue of their equal shareholdings.