Company Registration No. SC387612 (Scotland)
Amhuinnsuidhe Castle Limited
Unaudited accounts
for the year ended 31 December 2024
Amhuinnsuidhe Castle Limited
Unaudited accounts
Contents
Amhuinnsuidhe Castle Limited
Company Information
for the year ended 31 December 2024
Directors
Thomas Kenneth Murray
Rachael Anne Scarr-Hall
Company Number
SC387612 (Scotland)
Registered Office
Gillespie Macandrew
5 Atholl Crescent
Edinburgh
Midlothian
EH3 8EJ
Scotland
Accountants
Taxnfacts Ltd
Timbuckthree
9 New Tolsta
Isle of Lewis
HS2 0NN
Amhuinnsuidhe Castle Limited
Statement of financial position
as at 31 December 2024
Intangible assets
1,173,883
1,184,530
Tangible assets
3,247,094
3,225,167
Investments
797,389
797,389
Cash at bank and in hand
230,055
4,291
Creditors: amounts falling due within one year
(246,757)
(288,534)
Net current assets/(liabilities)
304,489
(10,285)
Total assets less current liabilities
5,522,855
5,196,801
Creditors: amounts falling due after more than one year
(4,552,029)
(3,677,835)
Net assets
970,826
1,518,966
Called up share capital
4,139,327
4,139,327
Profit and loss account
(3,168,501)
(2,620,361)
Shareholders' funds
970,826
1,518,966
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 30 September 2025 and were signed on its behalf by
Rachael Anne Scarr-Hall
Director
Company Registration No. SC387612
Amhuinnsuidhe Castle Limited
Notes to the Accounts
for the year ended 31 December 2024
Amhuinnsuidhe Castle Limited is a private company, limited by shares, registered in Scotland, registration number SC387612. The registered office is Gillespie Macandrew, 5 Atholl Crescent, Edinburgh, Midlothian, EH3 8EJ, Scotland.
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:
Land & buildings
Not depreciated
Plant & machinery
5-33% straight line
Motor vehicles
25-33% straight line
Fixtures & fittings
10-20% straight line
Computer equipment
33% straight line
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Sporting rights are reviewed annually for impairment.
Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the
asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.
Inventories have been valued at the lower of cost and estimated selling price less costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Amhuinnsuidhe Castle Limited
Notes to the Accounts
for the year ended 31 December 2024
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Intangible fixed assets
Goodwill
Other
Total
At 1 January 2024
212,942
1,114,675
1,327,617
At 31 December 2024
212,942
1,114,675
1,327,617
At 1 January 2024
138,412
4,675
143,087
Charge for the year
10,647
-
10,647
At 31 December 2024
149,059
4,675
153,734
At 31 December 2024
63,883
1,110,000
1,173,883
At 31 December 2023
74,530
1,110,000
1,184,530
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2024
2,660,866
767,763
210,619
125,920
4,237
3,769,405
Additions
9,624
22,791
72,805
16,110
-
121,330
Disposals
-
-
(53,500)
-
-
(53,500)
At 31 December 2024
2,670,490
790,554
229,924
142,030
4,237
3,837,235
At 1 January 2024
-
346,155
136,284
58,963
2,836
544,238
Charge for the year
-
22,409
45,692
22,647
853
91,601
On disposals
-
-
(45,698)
-
-
(45,698)
At 31 December 2024
-
368,564
136,278
81,610
3,689
590,141
At 31 December 2024
2,670,490
421,990
93,646
60,420
548
3,247,094
At 31 December 2023
2,660,866
421,608
74,335
66,957
1,401
3,225,167
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
82,790
68,953
Amhuinnsuidhe Castle Limited
Notes to the Accounts
for the year ended 31 December 2024
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Investments
Other investments
Valuation at 1 January 2024
797,389
Valuation at 31 December 2024
797,389
Amounts falling due within one year
Trade debtors
(2,195)
(6,413)
Amounts due from group undertakings etc.
262,056
210,617
Accrued income and prepayments
45,972
42,780
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
22,533
Obligations under finance leases and hire purchase contracts
35,508
51,036
Trade creditors
33,759
63,155
Amounts owed to group undertakings and other participating interests
-
18,816
Taxes and social security
17,646
12,329
Deferred income
130,131
107,627
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
62,865
41,259
Amounts owed to group undertakings and other participating interests
4,043,318
3,204,906
Other creditors
441,679
417,503
The company is a subsidiary of Reasort Estates Limited, a company registered in Scotland.
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Average number of employees
During the year the average number of employees was 7 (2023: 9).