0 01/04/2024 31/03/2025 2025-03-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-04-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP SC530518 2024-04-01 2025-03-31 SC530518 2025-03-31 SC530518 2024-03-31 SC530518 2023-04-01 2024-03-31 SC530518 2024-03-31 SC530518 2023-03-31 SC530518 bus:Director1 2024-04-01 2025-03-31 SC530518 core:FurnitureFittingsToolsEquipment 2024-03-31 SC530518 core:FurnitureFittingsToolsEquipment 2025-03-31 SC530518 core:WithinOneYear 2025-03-31 SC530518 core:WithinOneYear 2024-03-31 SC530518 core:AfterOneYear 2025-03-31 SC530518 core:AfterOneYear 2024-03-31 SC530518 core:ShareCapital 2025-03-31 SC530518 core:ShareCapital 2024-03-31 SC530518 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC530518 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC530518 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 SC530518 core:FurnitureFittingsToolsEquipment 2024-03-31 SC530518 bus:SmallEntities 2024-04-01 2025-03-31 SC530518 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC530518 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC530518 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC530518 bus:FullAccounts 2024-04-01 2025-03-31
Company registration number: SC530518
Balinakill Country House Holidays Ltd
Unaudited filleted financial statements
For the year ended
31 March 2025
Balinakill Country House Holidays Ltd
Contents
Statement of financial position
Notes to the financial statements
Balinakill Country House Holidays Ltd
Statement of financial position
31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 2 9,901 12,376
________ ________
9,901 12,376
Current assets
Debtors 3 28,194 15,000
Cash at bank and in hand 1,873 6,409
________ ________
30,067 21,409
Creditors: amounts falling due
within one year 4 ( 122,582) ( 92,839)
________ ________
Net current liabilities ( 92,515) ( 71,430)
________ ________
Total assets less current liabilities ( 82,614) ( 59,054)
Creditors: amounts falling due
after more than one year 5 ( 833) ( 5,833)
Provisions for liabilities 14,745 11,218
________ ________
Net liabilities ( 68,702) ( 53,669)
________ ________
Capital and reserves
Called up share capital 2 2
Profit and loss account ( 68,704) ( 53,671)
________ ________
Shareholders deficit ( 68,702) ( 53,669)
________ ________
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.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 23 December 2025 , and are signed on behalf of the board by:
Mrs A M Darby
Director
Company registration number: SC530518
Balinakill Country House Holidays Ltd
Notes to the financial statements
Year ended 31 March 2025
1. Accounting policies
General information
The company is a private company limited by shares, registered in Scotland, registration number SC530518 . The address of the registered office is Balinakill Country House, Clachan, Tarbert, PA29 6XL.
Basis of preparation
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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 with the same financial statements.
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover consists of the sale value, excluding VAT, of all work done in the period under contracts to supply goods and services to third parties. It includes the relevant proportion of contract values where work is partially performed in the period.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Deferred taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for fixed asset investments which are measured at fair value, with changes recognised in the fair value reserve.
2. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 April 2024 and 31 March 2025 22,641 22,641
________ ________
Depreciation
At 1 April 2024 10,265 10,265
Charge for the year 2,475 2,475
________ ________
At 31 March 2025 12,740 12,740
________ ________
Carrying amount
At 31 March 2025 9,901 9,901
________ ________
At 31 March 2024 12,376 12,376
________ ________
3. Debtors
2025 2024
£ £
Other debtors 28,194 15,000
________ ________
4. Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 5,000 5,000
Taxation and social security 4,915 5,805
Directors loan account - 32,771
Other creditors 112,667 49,263
________ ________
122,582 92,839
________ ________
5. Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans and overdrafts 833 5,833
________ ________