Company Registration No. SC240889 (Scotland)
ARBOUR GUEST HOUSE LIMITED
Unaudited accounts
for the year ended 31 December 2023
ARBOUR GUEST HOUSE LIMITED
Unaudited accounts
Contents
ARBOUR GUEST HOUSE LIMITED
Company Information
for the year ended 31 December 2023
Director
EILIDH MICHELLE BETTS
Company Number
SC240889 (Scotland)
Registered Office
2 VICTORIA PLACE
RUTHERGLEN
GLASGOW
G73 2JP
SCOTLAND
Accountants
Brand Jamieson & Co Ltd
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
ARBOUR GUEST HOUSE LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
9,417
9,538
Cash at bank and in hand
21,953
39,353
Creditors: amounts falling due within one year
(6,495)
(5,929)
Net current assets
15,458
33,424
Total assets less current liabilities
24,875
42,962
Creditors: amounts falling due after more than one year
(6,600)
(10,800)
Called up share capital
1,000
1,000
Profit and loss account
17,275
31,162
Shareholders' funds
18,275
32,162
For the year ending 31 December 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 September 2024 and were signed on its behalf by
EILIDH MICHELLE BETTS
Director
Company Registration No. SC240889
ARBOUR GUEST HOUSE LIMITED
Notes to the Accounts
for the year ended 31 December 2023
ARBOUR GUEST HOUSE LIMITED is a private company, limited by shares, registered in Scotland, registration number SC240889. The registered office is 2 VICTORIA PLACE, RUTHERGLEN, GLASGOW, G73 2JP, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
15% reducing balance
Motor vehicles
25% reducing balance.
Fixtures & fittings
15% reducing balance.
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
4,278
9,138
43,171
56,587
At 31 December 2023
4,278
9,138
44,903
58,319
At 1 January 2023
4,111
7,511
35,427
47,049
Charge for the year
25
407
1,421
1,853
At 31 December 2023
4,136
7,918
36,848
48,902
At 31 December 2023
142
1,220
8,055
9,417
At 31 December 2022
167
1,627
7,744
9,538
ARBOUR GUEST HOUSE LIMITED
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,200
4,200
Taxes and social security
-
234
Loans from directors
575
139
6
Creditors: amounts falling due after more than one year
2023
2022
7
Transactions with related parties
During the year , dividends of £2,000 ( 2022 £2,000 ) were paid to the director.
The controlling party is the director Eilidh Michelle Betts.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).