Cove Bay Hotel LTD

Cove Bay Hotel LTD Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 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. Davidson Accounting 31 March 2025 .................................................... Davidson Accounting Templars House South Deeside Road Aberdeen AB12 5GB 29 December 2025 2

Cove Bay Hotel LTD
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 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.
Davidson Accounting
31 March 2025

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

Davidson Accounting
Templars House
South Deeside Road
Aberdeen
AB12 5GB
29 December 2025

Cove Bay Hotel LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	4	828,920	855,928
Investments	5	88,000	110,000
		916,920	965,928
Current assets
Stocks	6	19,891	16,660
Debtors	7	(218,166)	(153,165)
Cash at bank and in hand		35,862	12,647
		(162,413)	(123,858)
Creditors: amount falling due within one year	8	(170,509)	(163,351)
Net current assets		(332,922)	(287,209)

Total assets less current liabilities		583,998	678,719
Creditors: amount falling due after more than one year	9	(376,926)	(430,291)
Provisions for liabilities	10	(17,527)	(14,763)
Net assets		189,545	233,665

Capital and reserves
Called up share capital		12,000	12,000
Profit and loss account		177,545	221,665
Shareholders' funds		189,545	233,665

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.

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 financial statements were approved by the board of directors on 29 December 2025 and were signed on its behalf by:

-------------------------------
James Guy Craig
Director

Cove Bay Hotel LTD
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Cove Bay Hotel LTD is a private company, limited by shares, registered in Scotland, registration number SC069311, registration address Templars House, South Deeside Road, Aberdeen, Aberdeen, AB12 5GB.

The presentation currency is £ sterling.

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.

2.	Average number of employees Average number of employees during the year was 34 (2024 : 34).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2024	105,000	105,000
Additions	-	-
Disposals	-	-
At 31 March 2025	105,000	105,000
Amortisation
At 01 April 2024	105,000	105,000
Charge for year	-	-
On disposals	-	-
At 31 March 2025	105,000	105,000
Net book values
At 31 March 2025	-	-
At 31 March 2024	-	-

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2024	630,642	96,024	393,576	23,490	1,143,732
Additions	-	-	16,087	1,729	17,816
Disposals	-	-	-	-	-
At 31 March 2025	630,642	96,024	409,663	25,219	1,161,548
Depreciation
At 01 April 2024	-	15,885	257,585	14,134	287,604
Charge for year	-	19,204	24,134	1,686	45,024
On disposals	-	-	-	-	-
At 31 March 2025	-	35,089	281,719	15,820	332,628
Net book values
Closing balance as at 31 March 2025	630,642	60,935	127,944	9,399	828,920
Opening balance as at 01 April 2024	519,685	80,139	246,748	9,356	855,928

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	88,000	88,000
Additions	-	-
Disposals	-	-
At 31 March 2025	88,000	88,000

Stocks

	2025 £		2024 £
Stocks	19,891		16,660
	19,891		16,660

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	26,288	91,289
Advance Received	0	0
Other Debtors	2,546	2,546
	28,834	93,835

Debtors: amounts falling due after one year

	2025 £		2024 £
Directors Loan Accounts	(247,000)		(247,000)
	(247,000)		(247,000)

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	80,294	84,085
Virgin Credit Card	16,908	0
Corporation Tax	41,240	11,287
PAYE & Social Security	4,611	5,207
Advance Paid	(20,376)	0
Other Creditors	2	(1)
Wages & Salaries Control Account	(663)	3,111
Directors' Current Accounts	12,461	11,518
VAT	36,032	48,144
	170,509	163,351

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts (secured)	279,989	304,894
Bank Loans & Overdrafts	41,414	61,018
Obligations Under HP/Financial Leases	55,523	64,379
	376,926	430,291

10.

Provisions for liabilities

	2025 £	2024 £
Deferred Tax	14,763	14,763
Pension Provisions	2,764	0
	17,527	14,763

Registered Number: SC069311
Scotland
COVE BAY HOTEL LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025