Benleva Hotel Limited SC557224 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is ownership of the Benleva Hotel premises Digita Accounts Production Advanced 6.30.9574.0 true true SC557224 2023-03-01 2024-02-29 SC557224 2024-02-29 SC557224 bus:OrdinaryShareClass1 2024-02-29 SC557224 bus:OrdinaryShareClass2 2024-02-29 SC557224 core:RetainedEarningsAccumulatedLosses 2024-02-29 SC557224 core:ShareCapital 2024-02-29 SC557224 core:SharePremium 2024-02-29 SC557224 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 SC557224 core:LandBuildings 2024-02-29 SC557224 bus:SmallEntities 2023-03-01 2024-02-29 SC557224 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 SC557224 bus:FullAccounts 2023-03-01 2024-02-29 SC557224 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC557224 bus:RegisteredOffice 2023-03-01 2024-02-29 SC557224 bus:Director1 2023-03-01 2024-02-29 SC557224 bus:Director2 2023-03-01 2024-02-29 SC557224 bus:OrdinaryShareClass1 2023-03-01 2024-02-29 SC557224 bus:OrdinaryShareClass2 2023-03-01 2024-02-29 SC557224 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC557224 bus:Agent1 2023-03-01 2024-02-29 SC557224 core:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 SC557224 core:ShareCapital 2023-03-01 2024-02-29 SC557224 core:SharePremium 2023-03-01 2024-02-29 SC557224 core:LandBuildings 2023-03-01 2024-02-29 SC557224 countries:AllCountries 2023-03-01 2024-02-29 SC557224 2023-02-28 SC557224 core:RetainedEarningsAccumulatedLosses 2023-02-28 SC557224 core:ShareCapital 2023-02-28 SC557224 core:SharePremium 2023-02-28 SC557224 core:LandBuildings 2023-02-28 SC557224 2022-03-01 2023-02-28 SC557224 2023-02-28 SC557224 bus:OrdinaryShareClass1 2023-02-28 SC557224 bus:OrdinaryShareClass2 2023-02-28 SC557224 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 SC557224 core:LandBuildings 2023-02-28 SC557224 core:RetainedEarningsAccumulatedLosses 2022-03-01 2023-02-28 SC557224 core:ShareCapital 2022-03-01 2023-02-28 SC557224 core:SharePremium 2022-03-01 2023-02-28 SC557224 2022-02-28 SC557224 core:RetainedEarningsAccumulatedLosses 2022-02-28 SC557224 core:ShareCapital 2022-02-28 SC557224 core:SharePremium 2022-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC557224

Benleva Hotel Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 29 February 2024

 

Benleva Hotel Limited

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Profit and Loss Account

4

Statement of Comprehensive Income

5

Balance Sheet

6

Statement of Changes in Equity

7

Notes to the Unaudited Financial Statements

8 to 10

 

Benleva Hotel Limited

Company Information

Directors

Mr Calum Maclachlainn

Mr Allan Robert Crossland

Registered office

Benleva Hotel
Drumnadrochit
Inverness
IV63 6UH

Accountants

Jack MacDonald & Co
Cuan Aille
1 Aldersyde
Taynuilt
Argyll
PA35 1AG

 

Benleva Hotel Limited

Directors' Report for the Year Ended 29 February 2024

The directors present their report and the financial statements for the year ended 29 February 2024.

Directors of the company

The directors who held office during the year were as follows:

Mr Calum Maclachlainn

Mr Allan Robert Crossland

Principal activity

The principal activity of the company is ownership of the Benleva Hotel premises

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 19 August 2024 and signed on its behalf by:
 

.........................................
Mr Calum Maclachlainn
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Benleva Hotel Limited
for the Year Ended 29 February 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Benleva Hotel Limited for the year ended 29 February 2024 as set out on pages 4 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Benleva Hotel 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 Benleva Hotel Limited and state those matters that we have agreed to state to the Board of Directors of Benleva Hotel Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Benleva Hotel Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Benleva Hotel 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 Benleva Hotel Limited. You consider that Benleva Hotel 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 Benleva Hotel 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.

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

Jack MacDonald & Co
Cuan Aille
1 Aldersyde
Taynuilt
Argyll
PA35 1AG

19 August 2024

 

Benleva Hotel Limited

Profit and Loss Account for the Year Ended 29 February 2024

Note

2024
£

2023
£

Turnover

 

-

-

Gross profit/(loss)

 

-

-

Administrative expenses

 

(500)

(500)

Operating loss

 

(500)

(500)

Loss before tax

(500)

(500)

Loss for the financial year

 

(500)

(500)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Benleva Hotel Limited

Statement of Comprehensive Income for the Year Ended 29 February 2024

2024
£

2023
£

Loss for the year

(500)

(500)

Total comprehensive income for the year

(500)

(500)

 

Benleva Hotel Limited

(Registration number: SC557224)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

220,000

220,000

Current assets

 

Cash at bank and in hand

 

1

1

Creditors: Amounts falling due within one year

4

(3,500)

(3,000)

Net current liabilities

 

(3,499)

(2,999)

Net assets

 

216,501

217,001

Capital and reserves

 

Called up share capital

5

101

101

Share premium reserve

219,900

219,900

Retained earnings

(3,500)

(3,000)

Shareholders' funds

 

216,501

217,001

For the financial year ending 29 February 2024 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 accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 19 August 2024 and signed on its behalf by:
 

.........................................
Mr Calum Maclachlainn
Director

 

Benleva Hotel Limited

Statement of Changes in Equity for the Year Ended 29 February 2024

Share capital
£

Share premium
£

Retained earnings
£

Total
£

At 1 March 2023

101

219,900

(3,000)

217,001

Loss for the year

-

-

(500)

(500)

At 29 February 2024

101

219,900

(3,500)

216,501

Share capital
£

Share premium
£

Retained earnings
£

Total
£

At 1 March 2022

101

219,900

(2,500)

217,501

Loss for the year

-

-

(500)

(500)

At 28 February 2023

101

219,900

(3,000)

217,001

 

Benleva Hotel Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet 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 land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and buildings

in accordance with the property

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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 after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Benleva Hotel Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

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.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

3

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 March 2023

220,000

220,000

At 29 February 2024

220,000

220,000

Depreciation

Carrying amount

At 29 February 2024

220,000

220,000

At 28 February 2023

220,000

220,000

Included within the net book value of land and buildings above is £220,000 (2023 - £220,000) in respect of freehold land and buildings.
 

 

Benleva Hotel Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

4

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

3,500

3,000

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary A Shares of £1 each

100

100

100

100

Ordinary B Shares of £1 each

1

1

1

1

101

101

101

101