Company Registration No. SC656484 (Scotland)
Fife Hotels Trading Limited
Unaudited accounts
for the year ended 30 September 2024
Fife Hotels Trading Limited
Unaudited accounts
Contents
Fife Hotels Trading Limited
Company Information
for the year ended 30 September 2024
Directors
Jason Paul Borthwick
Victoria Hewitt Borthwick
Company Number
SC656484 (Scotland)
Registered Office
THE BURNTISLAND SANDS HOTEL
LOCHIES ROAD
BURNTISLAND
FIFE
KY3 9JX
UNITED KINGDOM
Accountants
Oak Team Associates Limited
272 Bath Street
Glasgow
G2 4JR
Fife Hotels Trading Limited
Statement of financial position
as at 30 September 2024
Tangible assets
44,430
44,980
Cash at bank and in hand
131,018
148,910
Creditors: amounts falling due within one year
(91,024)
(125,968)
Net current assets
67,706
32,249
Called up share capital
100
100
Profit and loss account
112,036
77,129
Shareholders' funds
112,136
77,229
For the year ending 30 September 2024 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 13 December 2024 and were signed on its behalf by
Jason Paul Borthwick
Director
Company Registration No. SC656484
Fife Hotels Trading Limited
Notes to the Accounts
for the year ended 30 September 2024
Fife Hotels Trading Limited is a private company, limited by shares, registered in Scotland, registration number SC656484. The registered office is THE BURNTISLAND SANDS HOTEL, LOCHIES ROAD, BURNTISLAND, FIFE, KY3 9JX, 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:
Fixtures & fittings
20% on a straight line basis
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Tangible fixed assets
Fixtures & fittings
At 30 September 2024
76,176
Charge for the year
15,235
At 30 September 2024
31,746
At 30 September 2024
44,430
At 30 September 2023
44,980
Fife Hotels Trading Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
21,227
-
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
18,013
27,304
Amounts owed to group undertakings and other participating interests
5,820
52,623
Taxes and social security
14,656
5,759
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Average number of employees
During the year the average number of employees was 12 (2023: 12).