1 January 2024 false No description of principal activity Taxfiler 2024.6 SC746818 business:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC746818 2023-12-31 SC746818 2024-01-01 2024-12-31 SC746818 business:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 SC746818 business:FilletedAccounts 2024-01-01 2024-12-31 SC746818 2024-12-31 SC746818 business:Director2 2024-01-01 2024-12-31 SC746818 business:Director3 2024-01-01 2024-12-31 SC746818 business:Director4 2024-01-01 2024-12-31 SC746818 2023-12-31 SC746818 core:WithinOneYear 2024-12-31 SC746818 core:WithinOneYear 2023-12-31 SC746818 core:AfterOneYear 2024-12-31 SC746818 core:AfterOneYear 2023-12-31 SC746818 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 SC746818 core:ShareCapital core:PreviouslyStatedAmount 2023-12-31 SC746818 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 SC746818 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-12-31 SC746818 core:PreviouslyStatedAmount 2024-12-31 SC746818 core:PreviouslyStatedAmount 2023-12-31 SC746818 business:SmallEntities 2024-01-01 2024-12-31 SC746818 countries:Scotland 2024-01-01 2024-12-31 SC746818 core:PlantMachinery 2023-12-31 SC746818 core:FurnitureFittings 2023-12-31 SC746818 core:PlantMachinery 2024-01-01 2024-12-31 SC746818 core:FurnitureFittings 2024-01-01 2024-12-31 SC746818 core:PlantMachinery 2024-12-31 SC746818 core:FurnitureFittings 2024-12-31 SC746818 2022-10-10 2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC746818 (Scotland)
Lochranza Community Inn Limited Unaudited accounts for the year ended 31 December 2024
Lochranza Community Inn Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Lochranza Community Inn Limited Company Information for the year ended 31 December 2024
Directors
Fiona Marea Henderson Gavin Scrimgeour Pritchard Chris William Baird Traill
Company Number
SC746818 (Scotland)
Accountants
Arran Accountancy Limited Alexanders Brodick Isle of Arran KA27 8HF
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Lochranza Community Inn Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
17,617
21,205
Current assets
Inventories
8,056
6,260
Cash at bank and in hand
15,958
5,199
24,014
11,459
Creditors: amounts falling due within one year
5
(77,332)
(33,634)
Net current liabilities
(53,318)
(22,175)
Total assets less current liabilities
(35,701)
(970)
Creditors: amounts falling due after more than one year
6
(6,525)
(35,182)
Net liabilities
(42,226)
(36,152)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(42,227)
(36,153)
Shareholders' funds
(42,226)
(36,152)
For the year ending 31 December 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 9 September 2025 and were signed on its behalf by
Gavin Scrimgeour Pritchard Director Company Registration No. SC746818
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Lochranza Community Inn Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Lochranza Community Inn Limited is a private company, limited by shares, registered in Scotland, registration number SC746818.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2024
26,162
344
26,506
Additions
816
-
816
At 31 December 2024
26,978
344
27,322
Depreciation
At 1 January 2024
5,232
69
5,301
Charge for the year
4,349
55
4,404
At 31 December 2024
9,581
124
9,705
Net book value
At 31 December 2024
17,397
220
17,617
At 31 December 2023
20,930
275
21,205
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Lochranza Community Inn Limited Notes to the Accounts for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
6,093
555
Trade creditors
12,122
5,965
Taxes and social security
791
5,495
Other creditors
20,003
-
Accruals
22,262
1,542
Deferred income
16,061
20,077
77,332
33,634
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Amounts owed to group undertakings and other participating interests
6,525
35,182
7
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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