Company registration number:
SC596928
LH Ayrshire Limited
Trading as
Lauriston Hotel
Unaudited filleted abridged financial statements
31 May 2024
LH Ayrshire Limited
Contents
Directors and other information
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
LH Ayrshire Limited
Directors and other information
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Directors |
Mr Philip Durrand |
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Secretary |
Philip Durrand |
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Company number |
SC596928 |
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Ardrossan |
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Ayrshire |
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KA22 8EA |
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Business address |
15 South Crescent Road |
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Ardrossan |
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Ayrshire |
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KA22 8EA |
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Accountant |
MOR Accounting Services |
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11 Glenfield Avenue |
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Cowdenbeath |
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Fife |
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KY49EN |
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LH Ayrshire Limited
Abridged statement of financial position
31 May 2024
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2024 |
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2023 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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5 |
2,988 |
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- |
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_______ |
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_______ |
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2,988 |
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- |
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Current assets |
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Stocks |
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7,400 |
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7,400 |
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Debtors |
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16,109 |
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24,877 |
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Cash at bank and in hand |
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1,219 |
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2,019 |
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_______ |
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_______ |
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24,728 |
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34,296 |
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Creditors: amounts falling due |
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within one year |
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(
356,517) |
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(
203,760) |
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_______ |
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_______ |
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Net current liabilities |
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(
331,789) |
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(
169,464) |
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_______ |
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_______ |
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Total assets less current liabilities |
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(
328,801) |
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(
169,464) |
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Creditors: amounts falling due |
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after more than one year |
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(
27,590) |
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(
38,228) |
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_______ |
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_______ |
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Net liabilities |
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(
356,391) |
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(
207,692) |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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100 |
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100 |
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Profit and loss account |
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(
356,491) |
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(
207,792) |
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_______ |
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_______ |
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Shareholders deficit |
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(
356,391) |
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(
207,692) |
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_______ |
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_______ |
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For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged income statement has not been delivered.
All of the members have consented to the preparation of the abridged income statement and the abridged statement of financial position for the current year ending 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the
board of directors
and authorised for issue on
28 May 2025
, and are signed on behalf of the board by:
Mr Philip Durrand
Director
LH Ayrshire Limited
Statement of changes in equity
Year ended 31 May 2024
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Called up share capital |
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Profit and loss account |
Total |
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£ |
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£ |
£ |
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At 1 June 2022 |
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100 |
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(
73,074) |
(
72,974) |
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Loss for the year |
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(
134,718) |
(
134,718) |
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_______ |
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_______ |
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Total comprehensive income for the year |
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- |
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(
134,718) |
(
134,718) |
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_______ |
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_______ |
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At 31 May 2023 and 1 June 2023 |
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100 |
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(
207,792) |
(
207,692) |
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Loss for the year |
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(
148,699) |
(
148,699) |
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_______ |
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_______ |
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Total comprehensive income for the year |
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- |
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(
148,699) |
(
148,699) |
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_______ |
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_______ |
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At 31 May 2024 |
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100 |
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(
356,491) |
(
356,391) |
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_______ |
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_______ |
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LH Ayrshire Limited
Notes to the financial statements
Year ended 31 May 2024
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 15 South Crescent Road, Ardrossan, Ayrshire, KA22 8EA.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4.
Staff costs
The average number of persons employed by the company during the year amounted to
23
(2023:
23
).
The aggregate payroll costs incurred during the year were:
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2024 |
2023 |
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£ |
£ |
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Wages and salaries |
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345,521 |
308,978 |
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Social security costs |
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17,615 |
18,160 |
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Other pension costs |
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3,845 |
3,998 |
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_______ |
_______ |
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366,981 |
331,136 |
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_______ |
_______ |
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5.
Tangible assets
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£ |
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Cost |
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At 1 June 2023 |
- |
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Additions |
2,988 |
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_______ |
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At 31 May 2024 |
2,988 |
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_______ |
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Depreciation |
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At 1 June 2023 and 31 May 2024 |
- |
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_______ |
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Carrying amount |
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At 31 May 2024 |
2,988 |
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_______ |
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At 31 May 2023 |
- |
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_______ |
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6.
Directors advances, credits and guarantees