IRIS Accounts Production v25.4.12.37 SC807353 Board of Directors 17.4.24 30.4.25 30.4.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC807353 2024-04-16 SC807353 2025-04-30 SC807353 2024-04-17 2025-04-30 SC807353 2024-04-16 SC807353 ns15:Scotland 2024-04-17 2025-04-30 SC807353 ns14:PoundSterling 2024-04-17 2025-04-30 SC807353 ns10:Director1 2024-04-17 2025-04-30 SC807353 ns10:PrivateLimitedCompanyLtd 2024-04-17 2025-04-30 SC807353 ns10:SmallEntities 2024-04-17 2025-04-30 SC807353 ns10:AuditExempt-NoAccountantsReport 2024-04-17 2025-04-30 SC807353 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-17 2025-04-30 SC807353 ns10:SmallCompaniesRegimeForAccounts 2024-04-17 2025-04-30 SC807353 ns10:FullAccounts 2024-04-17 2025-04-30 SC807353 1 2024-04-17 2025-04-30 SC807353 ns10:Director2 2024-04-17 2025-04-30 SC807353 ns10:RegisteredOffice 2024-04-17 2025-04-30 SC807353 ns5:CurrentFinancialInstruments 2025-04-30 SC807353 ns5:Non-currentFinancialInstruments 2025-04-30 SC807353 ns5:ShareCapital 2025-04-30 SC807353 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 SC807353 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-17 2025-04-30 SC807353 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-04-17 2025-04-30 SC807353 ns5:LandBuildings 2024-04-17 2025-04-30 SC807353 ns5:PlantMachinery 2024-04-17 2025-04-30 SC807353 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-30 SC807353 ns5:LandBuildings 2025-04-30 SC807353 ns5:PlantMachinery 2025-04-30 SC807353 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30 SC807353 ns5:CurrentFinancialInstruments 2024-04-17 2025-04-30

REGISTERED NUMBER: SC807353 (Scotland)

| La Otra Limited |

| Unaudited Financial Statements |

| for the Period 17 April 2024 to 30 April 2025 |

| La Otra Limited (Registered number: SC807353) |

Contents of the Financial Statements

for the Period 17 April 2024 to 30 April 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| La Otra Limited |

Company Information

for the Period 17 April 2024 to 30 April 2025

| DIRECTORS: | Mr M M Ncube

| Ms L Orro Martins

| REGISTERED OFFICE: | 9 Ainslie Place

| Edinburgh

| Midlothian

| EH3 6AT

| REGISTERED NUMBER: | SC807353 (Scotland)

| ACCOUNTANTS: | Whitelaw Wells

| 9 Ainslie Place

| Edinburgh

| Midlothian

| EH3 6AT

| BANKERS: | Wise

| 1st Floor

| Worship Square

| 65 Clifton Street

| London

| EC2A 4JE

| La Otra Limited (Registered number: SC807353) |

Balance Sheet

30 April 2025

| Notes | £ | £ |

| FIXED ASSETS

| Intangible assets | 4 | 35,215 |  |

| Tangible assets | 5 | 981,095 |  |

1,016,310 |  |

| CURRENT ASSETS

| Stocks | 13,204 |  |  |

| Debtors | 6 | 4,070 |  |  |

| Cash at bank and in hand | 32,464 |  |  |

49,738 |  |

| CREDITORS

| Amounts falling due within one year | 7 | 166,960 |  |

| NET CURRENT LIABILITIES | (117,222 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 899,088 |  |

| CREDITORS

| Amounts falling due after more than one year | 8 | 934,054 |  |

| NET LIABILITIES | (34,966 | ) |

| La Otra Limited (Registered number: SC807353) |

Balance Sheet - continued

30 April 2025

| Notes | £ | £ |

| CAPITAL AND RESERVES

| Called up share capital | 2 |  |

| Retained earnings | (34,968 | ) |

| SHAREHOLDERS' FUNDS | (34,966 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 16 March 2026 and were signed on its behalf by:

Mr M M Ncube - Director

| La Otra Limited (Registered number: SC807353) |

Notes to the Financial Statements

for the Period 17 April 2024 to 30 April 2025

1. | STATUTORY INFORMATION

| La Otra Limited 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 and revenue recognition

| Turnover represents net invoiced sales of food and drinks and door entry, excluding value added tax.

| Revenue is recognised at the point when food or drink is served to the customer or entry is permitted to the premises.

| 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.

| Lease premium are being amortised evenly over their estimated useful life of seventeen 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 | - | over lease term

| Plant and machinery etc | - | 33% on cost and 25% on cost

| Government grants

| Grants which relate to revenue are recognised in income in the period the related costs are incurred by the company for which the grant is intended to compensate. For grants which are received by the company for compensation for expenses or losses which have already been incurred, the grant is recognised in income when it is received or receivable.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| La Otra Limited (Registered number: SC807353) |

Notes to the Financial Statements - continued

for the Period 17 April 2024 to 30 April 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

| All loans with related parties are all repayable on demand.

| Taxation

| Taxation for the period 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 period 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.

| Leases

| The company recognises a right-of-use asset and a corresponding lease liability for leases where it has the right to control the use of an asset for a period of time. The right-of-use asset is depreciated over the lease term, and the lease liability is measured at the present value of future lease payments, with interest charged to profit and loss over the term of the lease. Lease payments for short-term or low-value leases are expensed as incurred.

| 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.

| La Otra Limited (Registered number: SC807353) |

Notes to the Financial Statements - continued

for the Period 17 April 2024 to 30 April 2025

2. | ACCOUNTING POLICIES - continued

| Provision for liabilities

| Provisions are recognised where the company has a present obligation as a result of a past event, it is probably the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

| Going concern

| The financial statements have been prepared on the going concern principle, which assumes that the company will continue to trade for the foreseeable future. In order to do so the company will require the continued support of its directors and the directors are willing to support the company.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 10 .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| Additions | 37,287 |  |

| At 30 April 2025 | 37,287 |  |

| AMORTISATION

| Charge for period | 2,072 |  |

| At 30 April 2025 | 2,072 |  |

| NET BOOK VALUE

| At 30 April 2025 | 35,215 |  |

| La Otra Limited (Registered number: SC807353) |

Notes to the Financial Statements - continued

for the Period 17 April 2024 to 30 April 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| Additions | 1,031,416 |  | 9,355 |  | 1,040,771 |  |

| At 30 April 2025 | 1,031,416 |  | 9,355 |  | 1,040,771 |  |

| DEPRECIATION

| Charge for period | 57,301 |  | 2,375 |  | 59,676 |  |

| At 30 April 2025 | 57,301 |  | 2,375 |  | 59,676 |  |

| NET BOOK VALUE

| At 30 April 2025 | 974,115 |  | 6,980 |  | 981,095 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Other debtors | 4,070 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Trade creditors | 3,949 |  |

| Taxation and social security | 63,741 |  |

| Other creditors | 99,270 |  |

166,960 |  |

| The directors' current accounts are unsecured, interest free and has no fixed repayment period.

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

£ |

| Other creditors | 934,054 |  |