Company Registration No. SC573719 (Scotland)
Roybridge Chalets Ltd
Unaudited accounts
for the year ended 31 December 2023
Roybridge Chalets Ltd
Unaudited accounts
Contents
Roybridge Chalets Ltd
Company Information
for the year ended 31 December 2023
Directors
D. Place
B. J. Place
Company Number
SC573719 (Scotland)
Registered Office
RECEPTION
EAST PARK
ROY BRIDGE
INVERNESS-SHIRE
PH31 4AG
UNITED KINGDOM
Accountants
Callan Accountancy
21 - 23 Woodside Place
Glasgow
G3 7QF
Roybridge Chalets Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
575,044
586,595
Cash at bank and in hand
23,535
26,511
Creditors: amounts falling due within one year
(205,255)
(222,694)
Net current assets
314,587
290,467
Total assets less current liabilities
889,631
877,062
Creditors: amounts falling due after more than one year
(255,856)
(273,548)
Provisions for liabilities
Deferred tax
(75,610)
(72,644)
Net assets
558,165
530,870
Called up share capital
475,000
475,000
Profit and loss account
83,165
55,870
Shareholders' funds
558,165
530,870
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 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 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 of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by
D. Place
Director
Company Registration No. SC573719
Roybridge Chalets Ltd
Notes to the Accounts
for the year ended 31 December 2023
Roybridge Chalets Ltd is a private company, limited by shares, registered in Scotland, registration number SC573719. The registered office is RECEPTION, EAST PARK, ROY BRIDGE, INVERNESS-SHIRE, PH31 4AG, UNITED KINGDOM.
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
5% SL and 2% SL
Fixtures & fittings
25% RB
Other tangible fixed assets
NIL
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill - 20%SL
4
Intangible fixed assets
Goodwill
Roybridge Chalets Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2023
568,934
47,389
7,650
12,235
5,928
642,136
At 31 December 2023
568,934
47,389
7,650
12,235
5,928
642,136
At 1 January 2023
11,287
24,318
7,649
7,547
4,740
55,541
Charge for the year
4,018
5,767
-
1,172
594
11,551
At 31 December 2023
15,305
30,085
7,649
8,719
5,334
67,092
At 31 December 2023
553,629
17,304
1
3,516
594
575,044
At 31 December 2022
557,647
23,071
1
4,688
1,188
586,595
Amounts falling due within one year
Trade debtors
21,307
10,030
Other debtors
475,000
476,620
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
17,429
16,426
Taxes and social security
-
10,787
Loans from directors
165,498
194,963
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
255,856
273,548
9
Transactions with related parties
As at 31 December 2023, the directors have provided company with interest free loan of £165,498 (2022, £194,964). There is no fixed terms of repayment.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).