1 October 2024 false No description of principal activity Taxfiler 2024.6 SC578281business:PrivateLimitedCompanyLtd2024-10-012025-09-30 SC5782812024-09-30 SC5782812024-10-012025-09-30 SC578281business:AuditExemptWithAccountantsReport2024-10-012025-09-30 SC578281business:FilletedAccounts2024-10-012025-09-30 SC5782812025-09-30 SC578281business:Director12024-10-012025-09-30 SC578281business:Director22024-10-012025-09-30 SC578281business:RegisteredOffice2024-10-012025-09-30 SC5782812024-09-30 SC578281core:WithinOneYear2025-09-30 SC578281core:WithinOneYear2024-09-30 SC578281core:AfterOneYear2025-09-30 SC578281core:AfterOneYear2024-09-30 SC578281core:ShareCapitalcore:PreviouslyStatedAmount2025-09-30 SC578281core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 SC578281core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-30 SC578281core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 SC578281core:PreviouslyStatedAmount2025-09-30 SC578281core:PreviouslyStatedAmount2024-09-30 SC578281business:SmallEntities2024-10-012025-09-30 SC578281countries:Scotland2024-10-012025-09-30 SC578281core:LandBuildings2024-10-012025-09-30 SC578281core:FurnitureFittings2024-10-012025-09-30 SC578281core:Goodwill2024-09-30 SC578281core:Goodwill2025-09-30 SC578281core:Goodwill2024-10-012025-09-30 SC578281core:LandBuildings2024-09-30 SC578281core:FurnitureFittings2024-09-30 SC578281core:LandBuildings2025-09-30 SC578281core:FurnitureFittings2025-09-30 SC5782812023-10-012024-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC578281 (Scotland)
Fife Hotels Limited Unaudited accounts for the year ended 30 September 2025
Fife Hotels Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Fife Hotels Limited Company Information for the year ended 30 September 2025
Directors
Jason Paul Borthwick Victoria Ann Hewitt Borthwick
Company Number
SC578281 (Scotland)
Registered Office
BURNTISLAND SANDS HOTEL LOCHIES ROAD BURNTISLAND KY3 9JX UNITED KINGDOM
Accountants
Oak Team Associates Limited Clyde Offices 48 West George Street Glasgow G2 1BP
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Fife Hotels Limited Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
48,000 
52,000 
Tangible assets
5
1,060,000 
1,060,001 
1,108,000 
1,112,001 
Current assets
Debtors
6
- 
5,820 
Creditors: amounts falling due within one year
7
(15,459)
(9,052)
Net current liabilities
(15,459)
(3,232)
Total assets less current liabilities
1,092,541 
1,108,769 
Creditors: amounts falling due after more than one year
8
(967,066)
(1,004,014)
Net assets
125,475 
104,755 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
125,473 
104,753 
Shareholders' funds
125,475 
104,755 
For the year ending 30 September 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 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 of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by
Jason Paul Borthwick Director Company Registration No. SC578281
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Fife Hotels Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Fife Hotels Limited is a private company, limited by shares, registered in Scotland, registration number SC578281. The registered office is BURNTISLAND SANDS HOTEL, LOCHIES ROAD, BURNTISLAND, KY3 9JX, UNITED KINGDOM.
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:
Land & buildings
No depreciation charged
Fixtures & fittings
20% on a straight line basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2024
80,000 
At 30 September 2025
80,000 
Amortisation
At 1 October 2024
28,000 
Charge for the year
4,000 
At 30 September 2025
32,000 
Net book value
At 30 September 2025
48,000 
At 30 September 2024
52,000 
Intangible assets comprise of goodwill on the acquisition of the business. This is amortised over a period of 20 years on a straight line basis.
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Fife Hotels Limited Notes to the Accounts for the year ended 30 September 2025
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2024
1,060,000 
103,496 
1,163,496 
Disposals
- 
(103,496)
(103,496)
At 30 September 2025
1,060,000 
- 
1,060,000 
Depreciation
At 1 October 2024
- 
103,495 
103,495 
On disposals
- 
(103,495)
(103,495)
At 30 September 2025
- 
- 
- 
Net book value
At 30 September 2025
1,060,000 
- 
1,060,000 
At 30 September 2024
1,060,000 
1 
1,060,001 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
- 
5,820 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
6,664 
10,000 
Amounts owed to group undertakings and other participating interests
2,935 
- 
Taxes and social security
4,860 
(1,948)
Loans from directors
1,000 
1,000 
15,459 
9,052 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
967,066 
1,004,014 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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