Registration number:
Highland Adventures and Promotions Limited
for the Year Ended 31 December 2025
Highland Adventures and Promotions Limited
Contents
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Company Information |
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Accountants' Report |
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Statement of Financial Position |
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Notes to the Financial Statements |
Highland Adventures and Promotions Limited
Company Information
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Director |
Clive Meikle |
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Company secretary |
Turcan Connell Company Secretaries Limited |
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Registered office |
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Solicitors |
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Accountants |
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Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Highland Adventures and Promotions Limited
for the Year Ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Highland Adventures and Promotions Limited for the year ended 31 December 2025 as set out on pages 3 to 9 from the company's accounting records and from information and explanations you have given us.
As a member firm of the Institute of Chartered Accountants of Scotland (ICAS), we are subject to its ethical and other professional requirements laid down by the Institute relating to members undertaking the compilation of financial statements.
This report is made solely to the Board of Directors of Highland Adventures and Promotions 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 accounts of Highland Adventures and Promotions Limited and state those matters that we have agreed to state to the Board of Directors of Highland Adventures and Promotions Limited, as a body, and for no other purpose . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Highland Adventures and Promotions Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Highland Adventures and Promotions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Highland Adventures and Promotions Limited. You consider that Highland Adventures and Promotions 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 accounts of Highland Adventures and Promotions 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 accounts.
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6 Atholl Crescent
PERTH
PH1 5JN
Highland Adventures and Promotions Limited
(Registration number: 09929056)
Statment of Financial Position as at 31 December 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
(3,929,194) |
(3,450,065) |
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Shareholders' deficit |
(3,929,094) |
(3,449,965) |
Highland Adventures and Promotions Limited
(Registration number: 09929056)
Statment of Financial Position as at 31 December 2025
For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges 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 and in accordance with the provisions of FRS 102 Section 1A.
Approved and authorised by the
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These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.
Highland Adventures and Promotions Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements have been presented in sterling (£). The financial statements are rounded to the nearest £1.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than property improvements properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Plant and machinery |
25% reducing balance |
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Motor vehicles |
25% reducing balance |
Highland Adventures and Promotions Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and on deposit.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Stocks
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Highland Adventures and Promotions Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
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Tangible assets |
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Property improvements |
Furniture, fittings and equipment |
Motor vehicles |
Total |
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Cost or valuation |
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At 1 January 2025 |
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Additions |
- |
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- |
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Disposals |
- |
- |
( |
( |
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At 31 December 2025 |
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Depreciation |
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At 1 January 2025 |
- |
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Charge for the year |
- |
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Eliminated on disposal |
- |
- |
( |
( |
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At 31 December 2025 |
- |
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Carrying amount |
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At 31 December 2025 |
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At 31 December 2024 |
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Stocks |
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2025 |
2024 |
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Other inventories |
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Highland Adventures and Promotions Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
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Debtors |
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Current |
2025 |
2024 |
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Trade debtors |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
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2025 |
2024 |
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Due within one year |
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Trade creditors |
( |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Highland Adventures and Promotions Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
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Related party transactions |
Summary of transactions with parent
Summary of transactions with other related parties
The company director is an employee of Bidwells LLP who provide a professional service to the company at market rates.
The value of their service during the year was £38,389 (2025: £29,624)
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Share capital |
Allotted, called up and fully paid shares
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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100 |
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100 |