MCRO Hospitality Limited

MCRO Hospitality Limited
Contents Page
For the year ended 28 February 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

MCRO Hospitality Limited Accountants' Report For the year ended 28 February 2025
Accountants report You consider that the company is exempt from an audit for the year ended 28 February 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Shaun Hendry Accountancy Ltd 28 February 2025 .................................................... Shaun Hendry Accountancy Ltd 41A Montrose Avenue Auldearn Nairn Highland IV12 5TT 30 November 2025 1

MCRO Hospitality Limited
Accountants' Report
For the year ended 28 February 2025

Accountants report
You consider that the company is exempt from an audit for the year ended 28 February 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Shaun Hendry Accountancy Ltd
28 February 2025

....................................................

Shaun Hendry Accountancy Ltd
41A Montrose Avenue
Auldearn
Nairn
Highland
IV12 5TT
30 November 2025

1

MCRO Hospitality Limited
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £
Fixed assets
Intangible fixed assets	3	35,333
Tangible fixed assets	4	401,131
		436,464
Current assets
Stocks		500
Debtors		2,650
		3,150
Creditors: amount falling due within one year		(683,037)
Net current assets		(679,887)

Total assets less current liabilities		(243,423)
Creditors: amount falling due after more than one year		(6,818)
Net assets		(250,241)

Capital and reserves
Called up share capital	5	400
Profit and loss account		(250,641)
Shareholders' funds		(250,241)

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 30 November 2025 and were signed on its behalf by:

-------------------------------
Colin Lionel Rothman
Director

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David Mclean
Director

2

MCRO Hospitality Limited
Notes to the Abridged Financial Statements
For the year ended 28 February 2025

General Information

MCRO Hospitality Limited is a private company, limited by shares, registered in Scotland, registration number SC587677, registration address 41A Montrose Avenue, Auldearn, Highland, IV12 5TT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	0% Reducing Balance
Plant and Machinery	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 4.

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 March 2024	80,000	80,000
Additions	-	-
Disposals	-	-
At 28 February 2025	80,000	80,000
Amortisation
At 01 March 2024	36,667	36,667
Charge for year	8,000	8,000
On disposals	-	-
At 28 February 2025	44,667	44,667
Net book values
At 28 February 2025	35,333	35,333
At 29 February 2024	43,333	43,333

4.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Total
	£	£	£
At 01 March 2024	397,145	39,266	436,411
Additions	-	-	-
Disposals	-	-	-
At 28 February 2025	397,145	39,266	436,411
Depreciation
At 01 March 2024	-	30,788	30,788
Charge for year	-	4,492	4,492
On disposals	-	-	-
At 28 February 2025	-	35,280	35,280
Net book values
Closing balance as at 28 February 2025	397,145	3,986	401,131
Opening balance as at 01 March 2024	397,145	8,478	405,623

5.

Share Capital

Allotted, called up and fully paid	2025 £
400 Class A shares of £1.00 each	400
	400

3

Registered Number: SC587677
Scotland
MCRO HOSPITALITY LIMITED

Abridged Accounts

Period of accounts Start date: 01 March 2024 End date: 28 February 2025