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Company Registration No. SC470512 (Scotland)
Prestwick Inns Ltd Unaudited accounts for the year ended 28 February 2025
Prestwick Inns Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Prestwick Inns Ltd Company Information for the year ended 28 February 2025
Director
Mrs Serena Cooper
Company Number
SC470512 (Scotland)
Registered Office
154 Main Street Prestwick Ayrshire KA9 1PB Scotland
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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Prestwick Inns Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
394,467 
356,781 
Current assets
Inventories
14,621 
12,184 
Debtors
5
23,912 
14,607 
Cash at bank and in hand
2,135 
2,866 
40,668 
29,657 
Creditors: amounts falling due within one year
6
(65,023)
(46,959)
Net current liabilities
(24,355)
(17,302)
Total assets less current liabilities
370,112 
339,479 
Creditors: amounts falling due after more than one year
7
(268,779)
(270,469)
Net assets
101,333 
69,010 
Capital and reserves
Called up share capital
100 
100 
Capital contribution reserve
74,055 
74,055 
Profit and loss account
27,178 
(5,145)
Shareholders' funds
101,333 
69,010 
For the year ending 28 February 2025 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 director acknowledges her 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 and authorised for issue on 1 October 2025 and were signed on its behalf by
Mrs Serena Cooper Director Company Registration No. SC470512
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Prestwick Inns Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Prestwick Inns Ltd is a private company, limited by shares, registered in Scotland, registration number SC470512. The registered office is 154 Main Street, Prestwick, Ayrshire, KA9 1PB, 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.
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:
Plant & machinery
10% reducing
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2024
297,726 
80,458 
20,895 
18,837 
417,916 
Additions
- 
6,435 
32,191 
5,822 
44,448 
At 28 February 2025
297,726 
86,893 
53,086 
24,659 
462,364 
Depreciation
At 1 March 2024
- 
44,952 
12,337 
3,846 
61,135 
Charge for the year
- 
3,551 
1,712 
1,499 
6,762 
At 28 February 2025
- 
48,503 
14,049 
5,345 
67,897 
Net book value
At 28 February 2025
297,726 
38,390 
39,037 
19,314 
394,467 
At 29 February 2024
297,726 
35,506 
8,558 
14,991 
356,781 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
14,041 
4,736 
Other debtors
9,871 
9,871 
23,912 
14,607 
- 5 -
Prestwick Inns Ltd Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
38,223 
20,099 
Taxes and social security
26,800 
26,860 
65,023 
46,959 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
194,365 
218,194 
Obligations under finance leases and hire purchase contracts
27,836 
19,243 
Loans from directors
46,578 
33,032 
268,779 
270,469 
8
Average number of employees
During the year the average number of employees was 7 (2024: 7).
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