Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC548341 Mr Dean Charalambous Mr James Montgomery Mrs Elizabeth Montgomery Tarhill Holdings Ltd 1 Wansfell Holme, Windermere, England, LA23 1LS true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC548341 2024-03-31 SC548341 2025-03-31 SC548341 2024-04-01 2025-03-31 SC548341 frs-core:CurrentFinancialInstruments 2025-03-31 SC548341 frs-core:Non-currentFinancialInstruments 2025-03-31 SC548341 frs-core:ComputerEquipment 2025-03-31 SC548341 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC548341 frs-core:ComputerEquipment 2024-03-31 SC548341 frs-core:FurnitureFittings 2025-03-31 SC548341 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC548341 frs-core:FurnitureFittings 2024-03-31 SC548341 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 SC548341 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC548341 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 SC548341 frs-core:PlantMachinery 2025-03-31 SC548341 frs-core:PlantMachinery 2024-04-01 2025-03-31 SC548341 frs-core:PlantMachinery 2024-03-31 SC548341 frs-core:WithinOneYear 2025-03-31 SC548341 frs-core:RevaluationReserve 2024-03-31 SC548341 frs-core:RevaluationReserve 2025-03-31 SC548341 frs-core:SharePremium 2025-03-31 SC548341 frs-core:ShareCapital 2025-03-31 SC548341 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC548341 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC548341 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC548341 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC548341 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC548341 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC548341 1 2024-04-01 2025-03-31 SC548341 frs-bus:Director1 2024-04-01 2025-03-31 SC548341 frs-bus:Director2 2024-04-01 2025-03-31 SC548341 frs-bus:Director3 2024-04-01 2025-03-31 SC548341 frs-countries:Scotland 2024-04-01 2025-03-31 SC548341 2023-03-31 SC548341 2024-03-31 SC548341 2023-04-01 2024-03-31 SC548341 frs-core:CurrentFinancialInstruments 2024-03-31 SC548341 frs-core:Non-currentFinancialInstruments 2024-03-31 SC548341 frs-core:WithinOneYear 2024-03-31 SC548341 frs-core:RevaluationReserve 2024-03-31 SC548341 frs-core:SharePremium 2024-03-31 SC548341 frs-core:ShareCapital 2024-03-31 SC548341 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC548341
The Green Hotel Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
NSB Chartered Certified Accountants
The Green Hotel Limited
Contents
Contents

| Page
--- | ---
Company Information | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—9

Page 1
The Green Hotel Limited
Company Information
For The Year Ended 31 March 2025
Company Information

Directors | Mr Dean Charalambous
| Mr James Montgomery
| Mrs Elizabeth Montgomery
Company Number | SC548341
Registered Office | 2 The Muirs
| Kinross
| Perth & Kinross
| KY13 8AS
Accountants | NSB Chartered Certified Accountants
| 39 Hunter Grove
| Bathgate
| West Lothian
| EH48 1NN

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The Green Hotel Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: SC548341

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,801,451 |  | 1,907,568
|  |  | 1,801,451 |  | 1,907,568
CURRENT ASSETS
Stocks | 5 | 15,991 |  | 22,596 |
Debtors | 6 | 92,253 |  | 26,765 |
Cash at bank and in hand |  | 17,638 |  | 12,841 |
|  | 125,882 |  | 62,202 |
Creditors: Amounts Falling Due Within One Year | 7 | (802,445 ) |  | (715,715 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (676,563 ) |  | (653,513 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,124,888 |  | 1,254,055
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (1,172,301 ) |  | (1,113,159 )
NET (LIABILITIES)/ASSETS |  |  | (47,413 ) |  | 140,896
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Share premium account |  |  | 2,272,595 |  | 2,272,595
Revaluation reserve | 11 |  | 200,000 |  | 400,000
Profit and Loss Account |  |  | (2,520,108 ) |  | (2,531,799 )
SHAREHOLDERS' FUNDS |  |  | (47,413) |  | 140,896

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The Green Hotel Limited
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr James Montgomery Director
4 November 2025

The notes on pages 4 to 9 form part of these financial statements.
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Page 4
The Green Hotel Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
The Green Hotel Limited is a private Company, limited by shares, incorporated in Scotland: registration number SC548341 . The registered office address is 2 The Muirs, Kinross, Perth & Kinross, KY13 8AS.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:
2.2. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have considered a period of 12 months from the date of approval of the financial statements. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Significant judgements and estimations
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affect is only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2.4. Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:
Sale of goods
Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

- the Company has transferred the significant risks and rewards of ownership to the buyer;
- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the amount of turnover can be measured reliably;
- it is probable that the Company will receive the consideration due under the transaction; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services
Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of turnover can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

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The Green Hotel Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit and loss account.
Freehold property is carried at fair value determined periodically by the directors and derived from independent, professionally qualified valuers. Changes in fair value are recognised in the revaluation reserve.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis:

Freehold | 2% straight line
Plant & Machinery | 20% reducing balance
Fixtures & Fittings | 20% reducing balance
Computer Equipment | 20% reducing balance

2.6. Leasing and Hire Purchase Contracts
Operating leases: the Company as lessee
Rentals paid under operating leases are charged to the profit and loss account on a straight-line basis over the lease term.
Hire purchase contracts and finance leases
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the profit and loss account.
2.8. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
...CONTINUED
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The Green Hotel Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.8. Financial Instruments - continued
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2.9. Taxation
Current taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and loss account except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current 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 income.
Deferred taxation
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

- the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
2.10. Pensions
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 51 (2024: 57)
51 57
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The Green Hotel Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost or Valuation
As at 1 April 2024 | 1,886,115 | 160,862 | 434,715 | 12,115 | 2,493,807
Additions | 462 | 18,971 | 149,473 | 100 | 169,006
Revaluation | (200,000 ) | - | - | - | (200,000 )
As at 31 March 2025 | 1,686,577 | 179,833 | 584,188 | 12,215 | 2,462,813
Depreciation
As at 1 April 2024 | 168,511 | 111,891 | 303,414 | 2,423 | 586,239
Provided during the period | 29,733 | 10,534 | 32,900 | 1,956 | 75,123
As at 31 March 2025 | 198,244 | 122,425 | 336,314 | 4,379 | 661,362
Net Book Value
As at 31 March 2025 | 1,488,333 | 57,408 | 247,874 | 7,836 | 1,801,451
As at 1 April 2024 | 1,717,604 | 48,971 | 131,301 | 9,692 | 1,907,568

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 15,991 |  | 22,596

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 39,146 |  | 19,202
Other debtors | 53,107 |  | 7,563
| 92,253 |  | 26,765

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 8,029 |  | 1,297
Trade creditors | 177,461 |  | 244,726
Bank loans and overdrafts | 8,333 |  | 8,333
Other loans | 169,459 |  | 70,686
Other creditors | 152,429 |  | 123,663
Taxation and social security | 286,734 |  | 267,010
| 802,445 |  | 715,715

Net obligations under finance lease and hire purchase contracts falling due within one year are secured over the assets to which they relate.
Loans are secured by fixed and floating charges over the assets of the company.
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The Green Hotel Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 31,302 |  | -
Bank loans | 3,333 |  | 13,333
Other loans | - |  | 32,836
Other creditors | 1,137,666 |  | 1,066,990
| 1,172,301 |  | 1,113,159

Net obligations under finance lease and hire purchase contracts falling due after more than one year are secured over the assets to which they relate.
Loans are secured by fixed and floating charges over the assets of the company.
9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 4,611 |  | 4,165
| 4,611 |  | 4,165

11. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 April 2024 | 400,000
Deficit on revaluation | (200,000)
As at 31 March 2025 | 200,000

12. Related Party Transactions
Included within "other creditors" is an amount of £5,000 (2024 - £5,000) due to Green Hotel Property Limited, a company in which the director, Mr James Montgomery, is also a director and shareholder. This loan is interest free with no fixed terms of repayment.
Included within "other creditors" is an amount of £760,908 (2024 - £1,030,422) due to Kinross Estate Company, a company in which the director, Mr James Montgomery, is also a director. This loan is interest free with no fixed terms of repayment.
Included within "other creditors" is an amount of £14,821 (2024 - £16,826) due to Loch Leven Gin Limited, a company in which the director, Mr James Montgomery, is also a director and shareholder. This loan is interest free with no fixed terms of repayment.
Included within "other creditors" is an amount of £303,953 (2024 - £Nil) due to Montgomery Hotel Group, a partnership in which the director, Mr James Montgomery, is a partner. This loan is interest free with no fixed terms of repayment.
Included within "other creditors" is an amount of £37,000 (2024 - £Nil) due to Tarhill Holdings Ltd, the parent company. This loan is interest free with no fixed terms of repayment.
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The Green Hotel Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
13. Ultimate Parent Undertaking and Controlling Party
The ultimate controlling party of the company is Tarhill Holdings Ltd , which owns 100% of the shares.
Tarhill Holdings Ltd is a company registered in England, registration number 14415471.
The registered office and principal place of business of Tarhill Holdings Ltd is 1 Wansfell Holme, Windermere, England, LA23 1LS .
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