1 October 2023 false No description of principal activity Taxfiler 2024.6 SC656484business:PrivateLimitedCompanyLtd2023-10-012024-09-30 SC6564842023-09-30 SC6564842023-10-012024-09-30 SC656484business:AuditExemptWithAccountantsReport2023-10-012024-09-30 SC656484business:FilletedAccounts2023-10-012024-09-30 SC6564842024-09-30 SC656484business:Director12023-10-012024-09-30 SC656484business:Director22023-10-012024-09-30 SC656484business:RegisteredOffice2023-10-012024-09-30 SC6564842023-09-30 SC656484core:WithinOneYear2024-09-30 SC656484core:WithinOneYear2023-09-30 SC656484core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 SC656484core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 SC656484core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 SC656484core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 SC656484core:PreviouslyStatedAmount2024-09-30 SC656484core:PreviouslyStatedAmount2023-09-30 SC656484business:SmallEntities2023-10-012024-09-30 SC656484countries:Scotland2023-10-012024-09-30 SC656484core:FurnitureFittings2023-10-012024-09-30 SC656484core:FurnitureFittings2023-09-30 SC656484core:FurnitureFittings2024-09-30 SC6564842022-10-012023-09-30 iso4217:GBP xbrli:pure
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
Page
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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
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Fife Hotels Trading Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
44,430 
44,980 
Current assets
Inventories
3,500 
6,225 
Debtors
24,212 
3,082 
Cash at bank and in hand
131,018 
148,910 
158,730 
158,217 
Creditors: amounts falling due within one year
(91,024)
(125,968)
Net current assets
67,706 
32,249 
Net assets
112,136 
77,229 
Capital and reserves
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
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Fife Hotels Trading Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 October 2023
61,491 
Additions
14,685 
At 30 September 2024
76,176 
Depreciation
At 1 October 2023
16,511 
Charge for the year
15,235 
At 30 September 2024
31,746 
Net book value
At 30 September 2024
44,430 
At 30 September 2023
44,980 
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Fife Hotels Trading Limited Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
21,227 
- 
Other debtors
2,985 
3,082 
24,212 
3,082 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
41,882 
40,282 
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 
Other creditors
10,653 
- 
91,024 
125,968 
7
Average number of employees
During the year the average number of employees was 12 (2023: 12).
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