| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st October 2024 |
| for |
| Scotia Hotel Consultants LLP |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st October 2024 |
| for |
| Scotia Hotel Consultants LLP |
| Scotia Hotel Consultants LLP (Registered number: SO304375) |
| Contents of the Financial Statements |
| for the Year Ended 31st October 2024 |
| Page |
| General Information | 1 |
| Report of the Accountants | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
| Scotia Hotel Consultants LLP |
| General Information |
| for the Year Ended 31st October 2024 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 77/2 Hanover Street |
| Edinburgh |
| EH2 1EE |
| Scotia Hotel Consultants LLP |
| Report of the Accountants to the Members of |
| Scotia Hotel Consultants LLP |
| The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st October 2024 set out on pages four to six and you consider that the LLP is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 77/2 Hanover Street |
| Edinburgh |
| EH2 1EE |
| Scotia Hotel Consultants LLP (Registered number: SO304375) |
| Balance Sheet |
| 31st October 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| and |
| NET ASSETS ATTRIBUTABLE TO MEMBERS | 64,857 | 534,869 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS | 6 | 64,857 | 534,869 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 6 | 64,857 | 534,869 |
| Amounts due from members | 4 | (54,164 | ) | (484,316 | ) |
| 10,693 | 50,553 |
| The members acknowledge their responsibilities for: |
| (a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP. |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| Scotia Hotel Consultants LLP (Registered number: SO304375) |
| Notes to the Financial Statements |
| for the Year Ended 31st October 2024 |
| 1. | STATUTORY INFORMATION |
| Scotia Hotel Consultants LLP is registered in Scotland. The LLP's registered number and registered office address can be found on the General Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Financial instruments |
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Amounts due from members | 54,164 | 484,316 |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| VAT | 67,916 | 10,787 |
| Accrued expenses |
| 6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. |
| There is no provision for specific legally enforceable protection afforded to creditors in such an event. |
| There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests'. |