Registration number: SC797436

Arran View Restaurants Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Arran View Restaurants Limited

Company Information

Director

Mr A D Reid

Registered office

McDonald's Restaurant Queensway East Kilbride Glasgow G74 1HE

Accountants

Munslows Accountants Ltd Chartered Certified Accountants32 High Street Wall Heath Kingswinford West Midlands DY6 0HB

Arran View Restaurants Limited

(Registration number: SC797436)
Balance Sheet as at 31 March 2025

	Note	2025 £
Fixed assets
Intangible assets	4	3,579
Tangible assets	5	3,592
Other financial assets	6	2,500
		9,671
Current assets
Stocks	7	60,559
Debtors	8	104,369
Cash at bank and in hand		1,081,679
		1,246,607
Creditors: Amounts falling due within one year	9	(957,080)
Net current assets		289,527
Total assets less current liabilities		299,198
Provisions for liabilities		(898)
Net assets		298,300
Capital and reserves
Called up share capital	10	100
Retained earnings		298,200
Shareholders' funds		298,300

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 October 2025
 

......................................... Mr A D Reid Director

Arran View Restaurants Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
McDonald's Restaurant
Queensway
East Kilbride
Glasgow
G74 1HE
Scotland

These financial statements were authorised for issue by the director on 6 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Arran View Restaurants Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	between 3 and 5 years straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Land and buildings transaction tax	straight line over the length of the lease

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Arran View Restaurants Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 267.

Arran View Restaurants Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 31 March 2025

4	Intangible assets

	Land and buildings transaction tax  £	Total £
Cost or valuation
Additions acquired separately	4,772	4,772
At 31 March 2025	4,772	4,772
Amortisation
Amortisation charge	1,193	1,193
At 31 March 2025	1,193	1,193
Carrying amount
At 31 March 2025	3,579	3,579

5	Tangible assets

	Plant and equipment  £	Total £
Cost or valuation
Additions	4,474	4,474
At 31 March 2025	4,474	4,474
Depreciation
Charge for the period	882	882
At 31 March 2025	882	882
Carrying amount
At 31 March 2025	3,592	3,592

Arran View Restaurants Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 31 March 2025

6	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
Additions	2,500	2,500
At 31 March 2025	2,500	2,500
Carrying amount
At 31 March 2025	2,500	2,500

7

Stocks

	2025 £
Other inventories	60,559

8

Debtors

Current	2025 £
Trade debtors	2,483
Prepayments	40,556
Other debtors	61,330
	104,369

9

Creditors

Creditors: amounts falling due within one year

	2025 £
Due within one year
Trade creditors	360,481
Taxation and social security	434,285
Accruals and deferred income	159,633
Other creditors	2,681
	957,080

Arran View Restaurants Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 31 March 2025

10	Share capital

Allotted, called up and fully paid shares

	2025
	No.	£
Ordinary A shares of £1 each	75	75
Ordinary B shares of £1 each	25	25
	100	100

11	Related party transactions

Transactions with the director

2025	At 1 February 2024 £	Advances to director £	At 31 March 2025 £
Mr A D Reid
Loan	-	61,100	61,100

12	Controlling interest

The ultimate controlling party is Mr A Reid.