REGISTERED NUMBER: 05217578 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2023 TO 31 MARCH 2025

FOR

CAIRNGORM COACH TRAVEL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Southcott

Mrs D M Southcott

REGISTERED OFFICE:

Unit H Opus 36

New Potter Grange Road

Goole

DN14 6BZ

REGISTERED NUMBER:

05217578 (England and Wales)

ACCOUNTANTS:

Sowerby

Chartered Accountants

Beckside Court

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

FIXED ASSETS

Tangible assets

4

581,520

685,990

CURRENT ASSETS

Debtors

5

1,493,910

1,091,128

Cash at bank and in hand

530

11,131

1,494,440

1,102,259

CREDITORS

Amounts falling due within one year

6

1,534,534

1,135,759

NET CURRENT LIABILITIES

(40,094

)

(33,500

)

TOTAL ASSETS LESS CURRENT LIABILITIES

541,426

652,490

CREDITORS

Amounts falling due after more than one year

7

(103,810

)

(263,054

)

PROVISIONS FOR LIABILITIES

(139,069

)

(138,736

)

NET ASSETS

298,547

250,700

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

298,546

250,699

SHAREHOLDERS' FUNDS

298,547

250,700

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

P Southcott - Director

1.	STATUTORY INFORMATION

Cairngorm Coach Travel Limited is a private company, limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at Unit H, Opus 36, New Potter Grange Road, Goole, DN14 6BZ.

The company's principal activity during the year continued to be the provision of coach travel.

The presentational currency of the financial statements is Pound Sterling (£).

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover

Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts. Turnover is recognised at point of sale.

Turnover from the sale of goods is recognised at the point of sale.

Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

All sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Tangible fixed assets

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

Equipment

-

25% on a reducing balance basis

Motor vehicles

-

10% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Hire purchase and leasing commitments

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership of the leased asset to the group. All other leases are classified as operating leases.

Pension costs and other post-retirement benefits

Contributions to defined contribution plans are recognised in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Equipment

vehicles

Totals

£

£

£

COST

At 1 November 2023

107,891

1,074,900

1,182,791

Disposals

-

(13,000

)

(13,000

)

At 31 March 2025

107,891

1,061,900

1,169,791

DEPRECIATION

At 1 November 2023

96,258

400,543

496,801

Charge for period

4,120

98,300

102,420

Eliminated on disposal

-

(10,950

)

(10,950

)

At 31 March 2025

100,378

487,893

588,271

NET BOOK VALUE

At 31 March 2025

7,513

574,007

581,520

At 31 October 2023

11,633

674,357

685,990

Fixed assets held under hire purchase contracts are included above. These cost £527,650. Closing net book value of assets under hire purchase is £407,514. Depreciation charge in the current year is £49,859.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Amounts owed by group undertakings

1,441,594

1,013,012

Other debtors

59

500

VAT

12,909

63,587

Prepayments

39,348

14,029

1,493,910

1,091,128

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Bank loans and overdrafts

116,868

5,833

Other loans

14,814

-

Hire purchase contracts

167,986

168,038

Trade creditors

49,306

21,933

Amounts owed to group undertakings

1,181,689

935,224

Social security and other taxes

2,185

1,430

Pension

410

234

Accrued expenses

1,276

3,067

1,534,534

1,135,759

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2023

£

£

Bank loans - 1-2 years

10,000

10,000

Bank loans - 2-5 years

5,811

19,895

Other loans - 1-2 years

15,918

-

Other loans - 2-5 years

35,481

-

Hire purchase contracts

36,600

233,159

103,810

263,054

8.	ULTIMATE CONTROLLING PARTY