Acorah Software Products - Accounts Production 14.5.601 false true 30 June 2022 1 July 2021 false 1 July 2022 30 June 2023 30 June 2023 SC646850 Mr Joseph Blower Mrs Vanessa Blower Mr Darren Blower Mrs Josephine Blower iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC646850 2022-06-30 SC646850 2023-06-30 SC646850 2022-07-01 2023-06-30 SC646850 frs-core:Non-currentFinancialInstruments 2023-06-30 SC646850 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 SC646850 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 SC646850 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-06-30 SC646850 frs-core:PlantMachinery 2023-06-30 SC646850 frs-core:PlantMachinery 2022-07-01 2023-06-30 SC646850 frs-core:PlantMachinery 2022-06-30 SC646850 frs-core:RevaluationReserve 2022-06-30 SC646850 frs-core:RevaluationReserve 2023-06-30 SC646850 frs-core:ShareCapital 2023-06-30 SC646850 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 SC646850 frs-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 SC646850 frs-bus:FilletedAccounts 2022-07-01 2023-06-30 SC646850 frs-bus:SmallEntities 2022-07-01 2023-06-30 SC646850 frs-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 SC646850 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 SC646850 frs-bus:Director1 2022-07-01 2023-06-30 SC646850 frs-bus:Director2 2022-07-01 2023-06-30 SC646850 frs-bus:Director3 2022-07-01 2023-06-30 SC646850 frs-bus:Director4 2022-07-01 2023-06-30 SC646850 frs-countries:Scotland 2022-07-01 2023-06-30 SC646850 2021-06-30 SC646850 2022-06-30 SC646850 2021-07-01 2022-06-30 SC646850 frs-core:Non-currentFinancialInstruments 2022-06-30 SC646850 frs-core:RevaluationReserve 2022-06-30 SC646850 frs-core:ShareCapital 2022-06-30 SC646850 frs-core:RetainedEarningsAccumulatedLosses 2022-06-30
Registered number: SC646850
Cairn Lodges Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC646850
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,190,889 2,167,587
2,190,889 2,167,587
CURRENT ASSETS
Debtors 2,810 23,213
Cash at bank and in hand 52,254 37,679
55,064 60,892
Creditors: Amounts Falling Due Within One Year (918,489 ) (915,071 )
NET CURRENT ASSETS (LIABILITIES) (863,425 ) (854,179 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,327,464 1,313,408
Creditors: Amounts Falling Due After More Than One Year 5 (956,720 ) (935,000 )
NET ASSETS 370,744 378,408
CAPITAL AND RESERVES
Called up share capital 6 100 100
Revaluation reserve 7 485,777 485,777
Profit and Loss Account (115,133 ) (107,469 )
SHAREHOLDERS' FUNDS 370,744 378,408
Page 1
Page 2
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Joseph Blower
Director
02/08/2023
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cairn Lodges Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC646850 . The registered office is Morar Burn Lodge, Morar, Mallaig, PH40 4PD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% per annum straight line
Plant & Machinery 20% perannum straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 July 2022 2,045,443 127,681 2,173,124
Additions 58,387 21,956 80,343
As at 30 June 2023 2,103,830 149,637 2,253,467
Depreciation
As at 1 July 2022 3,408 2,129 5,537
Provided during the period 42,077 14,964 57,041
As at 30 June 2023 45,485 17,093 62,578
Net Book Value
As at 30 June 2023 2,058,345 132,544 2,190,889
As at 1 July 2022 2,042,035 125,552 2,167,587
Page 3
Page 4
5. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 956,720 935,000
956,720 935,000
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
7. Reserves
Revaluation Reserve
£
As at 1 July 2022 485,777
As at 30 June 2023 485,777
Page 4