SRS what?
The logic behind the ATOL scheme is that if you are a scheduled airline and sell tickets directly to your customers you don't need it because you will not go bust and they will happily fly off into the sunset! However if you are a travel agent, tour operator or anybody else organising air travel you are likely to go bust just as soon as you take payment from the poor unsuspecting passenger and you must pay up for the ATOL bond to provide for this likelihood. What a black and white world the CAA live in.