| Registered Number:SC484932 |
For the year ended 31 March 2025
Scotland
Unaudited Financial Statements
For the year ended 31 March 2025
Marie Stuart Hotels Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Marie Stuart Hotels Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
504,700
504,700
2
504,700
504,700
| Trade and other receivables |
41,593
61,716
3
209
| Cash and cash equivalents |
299
62,015
41,802
| Trade and other payables: amounts falling due within one |
| year |
(1,582)
(12,326)
4
40,220
49,689
Net current assets
| Total assets less current liabilities |
554,389
544,920
| Trade and other payables: amounts falling due after more |
| than one year |
(541,000)
(516,000)
5
38,389
Net assets
3,920
1,100
1,100
37,289
2,820
38,389
3,920
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Chanpreet Singh Sahni Director |
| These financial statements were approved and authorised for issue by the Board on 08 October 2025 and were signed by: |
| The notes form part of these financial statements |
1 of 3
For the year ended 31 March 2025
Marie Stuart Hotels Ltd
Notes to the Financial Statements
Statutory Information
| Marie Stuart Hotels Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC484932. |
8 Cambridge Avenue
Edinburgh
EH6 5AP
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
Turnover represents rents receivable.
Property, plant and equipment
| 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
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
| useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
| would be immaterial. The directors undertake an annual impairment review of these properties. |
| 2. Property, plant and equipment |
504,700
504,700
504,700
504,700
2 of 3
For the year ended 31 March 2025
Marie Stuart Hotels Ltd
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
2024
2025
33,216
41,417
28,500
176
41,593
61,716
| Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment. |
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
11,492
748
834
834
12,326
1,582
| Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
86,000
421,000
430,000
120,000
516,000
541,000
| 6. Average number of persons employed |
During the year the average number of employees was 0
3 of 3