Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-31 2025-05-31 2024-06-01 false false Tour operator activities 2 2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11039550 2024-06-01 2025-05-31 11039550 2023-06-01 2024-05-31 11039550 2025-05-31 11039550 2024-05-31 11039550 c:Director2 2024-06-01 2025-05-31 11039550 d:OfficeEquipment 2024-06-01 2025-05-31 11039550 d:OfficeEquipment 2025-05-31 11039550 d:OfficeEquipment 2024-05-31 11039550 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 11039550 d:CurrentFinancialInstruments 2025-05-31 11039550 d:CurrentFinancialInstruments 2024-05-31 11039550 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 11039550 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 11039550 d:ShareCapital 2025-05-31 11039550 d:ShareCapital 2024-05-31 11039550 d:RetainedEarningsAccumulatedLosses 2025-05-31 11039550 d:RetainedEarningsAccumulatedLosses 2024-05-31 11039550 c:FRS102 2024-06-01 2025-05-31 11039550 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 11039550 c:FullAccounts 2024-06-01 2025-05-31 11039550 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 11039550 1 2024-06-01 2025-05-31 11039550 d:OtherDeferredTax 2025-05-31 11039550 d:OtherDeferredTax 2024-05-31 11039550 2 2024-06-01 2025-05-31 11039550 e:PoundSterling 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure

Registered number: 11039550 G&O SPORT TRAVEL LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MAY 2025
G&O SPORT TRAVEL LIMITED REGISTERED NUMBER:11039550
STATEMENT OF FINANCIAL POSITION AS AT 31 MAY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 324 |  | 1,295
|  |  | 324 |  | 1,295
Current assets |  |  |  |  |
Stocks | 5 | 702,521 |  | 1,068,805 |
Debtors: amounts falling due within one year | 6 | 406,689 |  | 463,025 |
Cash at bank and in hand |  | 53,492 |  | 8,867 |
|  | 1,162,702 |  | 1,540,697 |
Creditors: amounts falling due within one year | 7 | (1,110,165) |  | (1,480,660) |
Net current assets |  |  | 52,537 |  | 60,037
Total assets less current liabilities |  |  | 52,861 |  | 61,332
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (81) |  | (246) |
|  |  | (81) |  | (246)
Net assets |  |  | 52,780 |  | 61,086
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Profit and loss account |  |  | 52,779 |  | 61,085
|  |  | 52,780 |  | 61,086
Page 1
G&O SPORT TRAVEL LIMITED REGISTERED NUMBER:11039550
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MAY 2025 The director considers 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 director acknowledges his 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 income statement 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 on 24 February 2026.
................................................ Per-Ake Gavelius
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
G&O SPORT TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1. | General information
G&O Sport Travel Limited is a company limited by guarantee incorporated in England and Wales. The address and registered office is given in the Company Information page of these financial statements. The principal activity of the company during the year continued to be that of an inbound tour operator. 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 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover comprises of revenue recognised by the company on booking date basis.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | 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. Page 3
G&O SPORT TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.5 | 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 recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
| 2.6 | 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, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Office equipment | - | 33% | on cost
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. Page 4
G&O SPORT TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.7 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | 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.
| 2.11 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
Page 5
G&O SPORT TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
4. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost or valuation |
| At 1 June 2024 | 4,794
| At 31 May 2025 | 4,794
| Depreciation |
| At 1 June 2024 | 3,499
| Charge for the year on owned assets | 971
| At 31 May 2025 | 4,470
| Net book value |
| At 31 May 2025 | 324
| At 31 May 2024 | 1,295
Page 6
G&O SPORT TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
5. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Closing stock | 702,521 | 1,068,805
|  | 702,521 | 1,068,805
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 303,269 | 246,282
| Other debtors | 56,539 | 170,207
| Prepayments | 46,881 | 46,536
|  | 406,689 | 463,025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 680,157 | 1,070,547
| Amounts owed to group undertakings | 288,891 | 347,174
| Corporation tax | - | 120
| Other taxation and social security | 1,812 | 1,303
| Other creditors | - | 880
| Accruals | 139,305 | 60,636
|  | 1,110,165 | 1,480,660
Page 7
G&O SPORT TRAVEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (246)
| Charged to profit or loss | 165
| At end of year | (81)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fixed asset timing differences | (81) | (246)
|  | (81) | (246)
9. | Pension commitments
The company operates a defined contributions pension scheme. The assets of the scheme are held seperately 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 £3,001 (2024: £2,560). Contributions totalling £Nil (2024: £Nil) were payable to the fund at the balance sheet date as these are paid end of May during the year end.
10. | Related party transactions
| As at year end, G&O Sport Travel Limited owe £288,891 (2024: £347,174) to Go Sport Travel Sweden.
11. | Post balance sheet events
The director has concluded that no other material events have occurred since the date of approval of these financial statements that would affect the financial statements of the Company.
12. | Controlling party
As at the year end, the ultimate controlling party is G&O Sport Travel AB T/A GO Sport Travel, by virtue of its shareholding.
Page 8