REGISTERED NUMBER: SC697761 (Scotland)

Financial Statements

for the Year Ended

31 March 2025

for

AIRTHRILL ( SCOTLAND ) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L Faqir

N S Baryah

REGISTERED OFFICE:

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

REGISTERED NUMBER:

SC697761 (Scotland)

AUDITORS:

WDM Associates (Statutory Auditors)

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

FIXED ASSETS

Intangible assets

4

28,443

31,998

Tangible assets

5

3,027,249

3,014,957

3,055,692

3,046,955

CURRENT ASSETS

Stocks

15,503

70,204

Debtors

6

1,648,879

984,642

Cash at bank and in hand

23,565

385,749

1,687,947

1,440,595

CREDITORS

Amounts falling due within one year

7

(2,050,934

)

(2,003,508

)

NET CURRENT LIABILITIES

(362,987

)

(562,913

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,692,705

2,484,042

CREDITORS

Amounts falling due after more than one year

8

(4,998

)

-

PROVISIONS FOR LIABILITIES

(706,346

)

(620,170

)

NET ASSETS

1,981,361

1,863,872

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,981,261

1,863,772

1,981,361

1,863,872

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

N S Baryah - Director

1.	STATUTORY INFORMATION

Airthrill ( Scotland ) Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents income received for entry to the softplay facility, cafe sales and party income. All exclude value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

20% on reducing balance and 10% on 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.

Basic financial instruments

Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 104 (2024 - 112 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

35,553

AMORTISATION

At 1 April 2024

3,555

Charge for year

3,555

At 31 March 2025

7,110

NET BOOK VALUE

At 31 March 2025

28,443

At 31 March 2024

31,998

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

-

4,019,415

4,019,415

Additions

172,473

221,880

394,353

At 31 March 2025

172,473

4,241,295

4,413,768

DEPRECIATION

At 1 April 2024

-

1,004,458

1,004,458

Charge for year

7,098

374,963

382,061

At 31 March 2025

7,098

1,379,421

1,386,519

NET BOOK VALUE

At 31 March 2025

165,375

2,861,874

3,027,249

At 31 March 2024

-

3,014,957

3,014,957

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

65,591

130,530

Amounts owed by group undertakings

1,418,818

713,000

Amounts owed by associates

54,500

72,657

Other debtors

109,970

68,455

1,648,879

984,642

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

2,499

-

Trade creditors

331,070

166,159

Amounts owed to group undertakings

1,189,408

1,416,339

Amounts owed to associates

-

276

Taxation and social security

88,159

183,240

Other creditors

439,798

237,494

2,050,934

2,003,508

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

4,998

-

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Graham Bonomy (Senior Statutory Auditor)

for and on behalf of WDM Associates (Statutory Auditors)

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

N S Baryah

Balance outstanding at start of year

-

-

Amounts advanced

206,236

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

206,236

-

11.	RELATED PARTY DISCLOSURES

As at 31 March 2025 the company was owed £54,500 (2024-£42,500) by Laurie Property Limited, a company under common control. The loan is interest free with no fixed repayment date.