S & N Pickford (Romiley) Limited 31/10/2025 iXBRL

Company registration number: 00979339

S & N Pickford (Romiley) Limited

Unaudited filleted financial statements

31 October 2025

S & N Pickford (Romiley) Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

S & N Pickford (Romiley) Limited

Directors and other information


	Directors	Mr A G Skirvin
		Mrs A M Skirvin
		Miss Z Skirvin


	Secretary	Mr A G Skirvin


	Company number	00979339


	Registered office	15-17 Compstall Road
		Romiley
		Cheshire
		SK6 4BX


	Business address	15-17 Compstall Road
		Romiley
		Cheshire
		SK6 4BX


	Accountants	Downham Morris & Co
		45/49 Greek Street
		Stockport
		Cheshire
		SK3 8AX




	Bankers	Handlesbanken
		Unit 8 Acorn Business Park
		Heaton Lane
		Stockport
		Cheshire
		SK4 1AS

S & N Pickford (Romiley) Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of S & N Pickford (Romiley) Limited

Year ended 31st October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S & N Pickford (Romiley) Limited for the year ended 31st October 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of S & N Pickford (Romiley) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of S & N Pickford (Romiley) Limited and state those matters that we have agreed to state to the board of directors of S & N Pickford (Romiley) Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S & N Pickford (Romiley) Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that S & N Pickford (Romiley) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of S & N Pickford (Romiley) Limited. You consider that S & N Pickford (Romiley) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of S & N Pickford (Romiley) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Downham Morris & Co

45/49 Greek Street

Stockport

Cheshire

SK3 8AX

18th March 2026

S & N Pickford (Romiley) Limited

Statement of financial position

31st October 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	130,978		112,941
Investments	6	6,000		6,000
		_______		_______
			136,978		118,941

Current assets
Debtors	7	1,849,507		2,024,821
Cash at bank and in hand		1,283,742		799,953
		_______		_______
		3,133,249		2,824,774
Creditors: amounts falling due
within one year	8	( 1,505,849)		( 1,508,057)
		_______		_______
Net current assets			1,627,400		1,316,717
			_______		_______
Total assets less current liabilities			1,764,378		1,435,658

Creditors: amounts falling due
after more than one year	9		( 7,500)		( 17,500)

Provisions for liabilities			( 10,699)		( 9,936)

			_______		_______
Net assets			1,746,179		1,408,222
			_______		_______

Capital and reserves
Called up share capital			30,000		30,000
Revaluation reserve			18,929		18,929
Profit and loss account			1,697,250		1,359,293
			_______		_______
Shareholders funds			1,746,179		1,408,222
			_______		_______

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 18 March 2026 , and are signed on behalf of the board by:

.........................

Mr A G Skirvin

Director

Company registration number: 00979339

S & N Pickford (Romiley) Limited

Notes to the financial statements

Year ended 31st October 2025

1. General information

The nature of the company's operations and principal activities are that of a specialist tour operator.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover represents the aggregate amount of gross revenues receivable from inclusive tours, travel agency commissions receivable and other services supplied to customers in the ordinary course of business after deduction of all direct costs of sales incurred in connection with the revenues received. Turnover is recognised once the full balance of the booking has been received.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	2.5 %	straight line
Plant and machinery	-	25% reducing balance, 10% straight line & 20% straight line
Motor vehicles	-	20% reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 25 (2024: 23 ).

5. Tangible assets

	Freehold property	Short leasehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1st November 2024	37,500	18,962	358,083	81,577	496,122
Additions	-	-	3,501	66,094	69,595
Disposals	-	-	-	( 55,294)	( 55,294)
	_______	_______	_______	_______	_______
At 31st October 2025	37,500	18,962	361,584	92,377	510,423
	_______	_______	_______	_______	_______
Depreciation
At 1st November 2024	-	18,221	320,306	44,654	383,181
Charge for the year	938	247	8,059	14,941	24,185
Disposals	-	-	-	( 26,983)	( 26,983)
Revaluations	( 938)	-	-	-	( 938)
	_______	_______	_______	_______	_______
At 31st October 2025	-	18,468	328,365	32,612	379,445
	_______	_______	_______	_______	_______
Carrying amount
At 31st October 2025	37,500	494	33,219	59,765	130,978
	_______	_______	_______	_______	_______
At 31st October 2024	37,500	741	37,777	36,923	112,941
	_______	_______	_______	_______	_______

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:


	Freehold property	Total
	£	£
At 31st October 2025
Aggregate cost	36,967	36,967
Aggregate depreciation	(26,323)	(26,323)
	_______	_______
Carrying amount	10,644	10,644
	_______	_______

At 31st October 2024
Aggregate cost	36,967	36,967
Aggregate depreciation	(26,323)	(26,323)
	_______	_______
Carrying amount	10,644	10,644
	_______	_______

At the year end date the directors valued the freehold property at £37,500.

6. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1st November 2024 and 31st October 2025	6,000	6,000
	_______	_______
Impairment
At 1st November 2024 and 31st October 2025	-	-
	_______	_______
Carrying amount
At 31st October 2025	6,000	6,000
	_______	_______
At 31st October 2024	6,000	6,000
	_______	_______

The investment is held at cost less impairment as fair value cannot be reliably determined.

7. Debtors

	2025	2024
	£	£
Trade debtors	1,671,954	1,597,785
Other debtors	177,553	427,036
	_______	_______
	1,849,507	2,024,821
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,288,126	1,380,098
Corporation tax	141,374	82,660
Social security and other taxes	13,508	21,379
Other creditors	62,841	23,920
	_______	_______
	1,505,849	1,508,057
	_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	7,500	17,500
	_______	_______

10. Contingent assets and liabilities

The company currently holds an Air Travel Organiser's License ('ATOL') issued by the Civil Aviation Authority ('CAA') and is a member of the Association of British Travel Agents ('ABTA').

11. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr A G Skirvin	( 17,922)	( 109,000)	99,498	( 27,424)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr A G Skirvin	( 11,064)	( 97,858)	91,000	( 17,922)
		_______	_______	_______	_______

12. Related party transactions

The company holds 48% of issued share capital in S & N Pickford (Romiley Properties) Limited, a company registered in England. An intercompany loan is maintained to reflect payments made and income received on behalf of this company. At the year end date, outstanding debts due from S & N Pickford (Romiley Properties) Limited totalled £124,325 (31 October 2024: £131,179).Dividends were paid to the directors during the year and amounted to £84,000 (31 October 2024: £84,000).

13. Controlling party

The company is under the control of its directors by virtue of their shareholding .

14. IATA - Billing and Settlement Plan (BSP)

The BSP outstanding cash sales at the financial year end were £81,440 owed to the company (2024: £103,596). The total BSP cash sales during the financial year amounted to £3,379,959 (2024: £3,197,327).