Company registration number SC642141 (Scotland)
MOUNT FREEDOM CABINS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
MOUNT FREEDOM CABINS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
MOUNT FREEDOM CABINS LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
1,003
1,148
Tangible assets
4
720,305
722,471
721,308
723,619
Current assets
Stocks
5,055
5,642
Debtors
5
3,755
927
Cash at bank and in hand
37,826
33,914
46,636
40,483
Creditors: amounts falling due within one year
6
(580,371)
(628,423)
Net current liabilities
(533,735)
(587,940)
Total assets less current liabilities
187,573
135,679
Provisions for liabilities
7
(29,727)
(21,663)
Net assets
157,846
114,016
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
157,746
113,916
Total equity
157,846
114,016
MOUNT FREEDOM CABINS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2025
30 September 2025
- 2 -

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 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.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 5 March 2026 and are signed on its behalf by:
Mr A Craig
Mrs T M Craig
Director
Director
Company registration number SC642141 (Scotland)
MOUNT FREEDOM CABINS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
1
Accounting policies
Company information

Mount Freedom Cabins Limited is a private company limited by shares incorporated in Scotland. The registered office is Dunure Mains, Dunure, Ayr, Ayrshire, United Kingdom, KA7 4LY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Intangible fixed assets other than goodwill

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Website design
10% straight line
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
No depreciation
Plant and equipment
25% reducing balance
Fixtures and fittings
25% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

MOUNT FREEDOM CABINS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Intangible fixed assets
Website design
£
Cost
At 1 October 2024 and 30 September 2025
1,450
Amortisation and impairment
At 1 October 2024
302
Amortisation charged for the year
145
At 30 September 2025
447
Carrying amount
At 30 September 2025
1,003
At 30 September 2024
1,148
MOUNT FREEDOM CABINS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 5 -
4
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 October 2024
703,629
7,730
21,673
8,500
741,532
Additions
-
0
2,564
-
0
-
0
2,564
At 30 September 2025
703,629
10,294
21,673
8,500
744,096
Depreciation and impairment
At 1 October 2024
-
0
639
13,894
4,528
19,061
Depreciation charged in the year
-
0
1,792
1,945
993
4,730
At 30 September 2025
-
0
2,431
15,839
5,521
23,791
Carrying amount
At 30 September 2025
703,629
7,863
5,834
2,979
720,305
At 30 September 2024
703,629
7,091
7,779
3,972
722,471
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
96
122
Prepayments and accrued income
3,659
805
3,755
927
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,421
1,600
Corporation tax
14,288
4,637
Other taxation and social security
8,018
4,448
Deferred income
2,975
1,825
Other creditors
549,131
613,731
Accruals and deferred income
4,538
2,182
580,371
628,423
7
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
29,727
21,663
MOUNT FREEDOM CABINS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
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