Caseware UK (AP4) 2023.0.135 2023.0.135 2025-03-31 2025-03-31 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true 14 2024-04-01 false No description of principal activity 14 false 02612412 2024-04-01 2025-03-31 02612412 2023-04-01 2024-03-31 02612412 2025-03-31 02612412 2024-03-31 02612412 c:CompanySecretary1 2024-04-01 2025-03-31 02612412 c:Director1 2024-04-01 2025-03-31 02612412 c:Director2 2024-04-01 2025-03-31 02612412 c:RegisteredOffice 2024-04-01 2025-03-31 02612412 d:Buildings d:LongLeaseholdAssets 2024-04-01 2025-03-31 02612412 d:Buildings d:LongLeaseholdAssets 2025-03-31 02612412 d:Buildings d:LongLeaseholdAssets 2024-03-31 02612412 d:PlantMachinery 2024-04-01 2025-03-31 02612412 d:PlantMachinery 2025-03-31 02612412 d:PlantMachinery 2024-03-31 02612412 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02612412 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02612412 d:ComputerSoftware 2025-03-31 02612412 d:ComputerSoftware 2024-03-31 02612412 d:CurrentFinancialInstruments 2025-03-31 02612412 d:CurrentFinancialInstruments 2024-03-31 02612412 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 02612412 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02612412 d:ShareCapital 2025-03-31 02612412 d:ShareCapital 2024-03-31 02612412 d:RetainedEarningsAccumulatedLosses 2025-03-31 02612412 d:RetainedEarningsAccumulatedLosses 2024-03-31 02612412 c:FRS102 2024-04-01 2025-03-31 02612412 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02612412 c:FullAccounts 2024-04-01 2025-03-31 02612412 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02612412 d:WithinOneYear 2025-03-31 02612412 d:WithinOneYear 2024-03-31 02612412 d:BetweenOneFiveYears 2025-03-31 02612412 d:BetweenOneFiveYears 2024-03-31 02612412 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 02612412 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 02612412 2 2024-04-01 2025-03-31 02612412 d:ComputerSoftware d:OwnedIntangibleAssets 2024-04-01 2025-03-31 02612412 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 02612412 SCOTT'S TRAVEL MANAGEMENT LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
SCOTT'S TRAVEL MANAGEMENT LIMITED COMPANY INFORMATION
Directors | D A Scott
| O B Scott
Company secretary | D A Scott
Registered number | 02612412
Registered office | 114a Cleveland Street
| London
| W1T 6PB
Accountants | Xeinadin London Limited
| 8th Floor
| Becket House
| 36 Old Jewry
| London
| EC2R 8DD
SCOTT'S TRAVEL MANAGEMENT LIMITED CONTENTS
| Page
Statement of financial position | 1 - 2
Notes to the financial statements | 3 - 10
SCOTT'S TRAVEL MANAGEMENT LIMITED REGISTERED NUMBER: 02612412 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 706 |  | 942
Tangible assets | 5 |  | 40,644 |  | 30,710
|  |  | 41,350 |  | 31,652
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 182,588 |  | 178,136 |
Cash at bank and in hand |  | 591,164 |  | 790,564 |
|  | 773,752 |  | 968,700 |
Creditors: amounts falling due within one year | 7 | (357,585) |  | (534,840) |
Net current assets |  |  | 416,167 |  | 433,860
Total assets less current liabilities |  |  | 457,517 |  | 465,512
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (9,236) |  | (6,790) |
|  |  | (9,236) |  | (6,790)
Net assets |  |  | 448,281 |  | 458,722
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 30,004 |  | 30,004
Profit and loss account |  |  | 418,277 |  | 428,718
|  |  | 448,281 |  | 458,722
Page 1
SCOTT'S TRAVEL MANAGEMENT LIMITED REGISTERED NUMBER: 02612412 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. 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. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
D A Scott
Director
Date: 26 June 2025
The notes on pages 3 to 10 form part of these financial statements. Page 2
SCOTT'S TRAVEL MANAGEMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Scott's Travel Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is given on the Company information page of these financial statements. The principal activity of the company continued to be that of business travel services and provision of visa services for worldwide destinations. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
| 2.2 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
| 2.3 | Turnover
Turnover represents amounts receivable from the sales of flights, visas and other travel related services supplied to customers net of VAT. Turnover is recognised at the point when an invoice is raised and when there is reasonable certainity that such transactions will be completed.
| 2.4 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset. Page 3
SCOTT'S TRAVEL MANAGEMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.7 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
| 2.8 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years. Page 4
SCOTT'S TRAVEL MANAGEMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis:
|  |  |  | Improvement to property | - | 6.67% straight line
|  |  |  | Plant and machinery | - | 25% reducing balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 5
SCOTT'S TRAVEL MANAGEMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.13 | Provision for liabilities
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Statement of financial position.
| 2.14 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
| 2.15 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 14 (2024 - 14).
Page 6
SCOTT'S TRAVEL MANAGEMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Intangible assets
|  | Computer software
|  | £
| Cost |
| At 1 April 2024 | 983
| At 31 March 2025 | 983
| Amortisation |
| At 1 April 2024 | 41
| Charge for the year | 236
| At 31 March 2025 | 277
| Net book value |
| At 31 March 2025 | 706
| At 31 March 2024 | 942
Page 7
SCOTT'S TRAVEL MANAGEMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Improvement to property | Plant and machinery | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2024 | 15,793 | 265,775 | 281,568
| Additions | - | 22,011 | 22,011
| At 31 March 2025 | 15,793 | 287,786 | 303,579
| Depreciation |  |  |
| At 1 April 2024 | 13,543 | 237,315 | 250,858
| Charge for the year on owned assets | 2,250 | 9,827 | 12,077
| At 31 March 2025 | 15,793 | 247,142 | 262,935
| Net book value |  |  |
| At 31 March 2025 | - | 40,644 | 40,644
| At 31 March 2024 | 2,250 | 28,460 | 30,710
Page 8
SCOTT'S TRAVEL MANAGEMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 100,368 | 71,916
| Other debtors | 72,499 | 90,809
| Prepayments and accrued income | 9,721 | 15,411
|  | 182,588 | 178,136
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 224,421 | 302,323
| Corporation tax | 30,782 | 94,269
| Other taxation and social security | 32,380 | 41,065
| Other creditors | 14,345 | 8,468
| Accruals and deferred income | 55,657 | 88,715
|  | 357,585 | 534,840
| At the year end the company had an outstanding BSP liability of £51,733 (2024: £71,320).
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (6,790)
| Charged to profit or loss | (2,446)
| At end of year | (9,236)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (9,236) | (6,790)
|  | (9,236) | (6,790)
Page 9
SCOTT'S TRAVEL MANAGEMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Pension commitments
The company operates a defined benefit contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £6,411 (2024: £6,856). Contributions totalling to £nil (2024: £nil) were payable to the fund at the balance sheet date.
10. | Commitments under operating leases
| At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 24,285 | 33,839
| Later than 1 year and not later than 5 years | 84,000 | 285
|  | 108,285 | 34,124
11. | Related party transactions
| During the year, the Company purchased consultancy services amounting to £174,974 (2024: £167,901) from C Scott - a close family member. As at the balance sheet date, £39,573 (2024: £47,692) was due to C Scott. During the year, the Company arranged for premises to be rented through CS&C Ltd, wholly owned by Olga Scott, director of the Company. Rental payments amounting to £32,328 have been made to CS&C Ltd during the year, of which £12,000 is a six month deposit and £6,000 is prepaid rent for Apr-Jun 2025. As at balance sheet date £nil was due to CS&C Ltd.
12. | Controlling party
The company is controlled by D A Scott and O B Scott who are the only directors and shareholders of the company.
Page 10