Company Registration No. SC328690 (Scotland)
St. Magnus Bay Hotel Ltd.
Unaudited accounts
for the year ended 30 April 2025
St. Magnus Bay Hotel Ltd.
Unaudited accounts
Contents
St. Magnus Bay Hotel Ltd.
Company Information
for the year ended 30 April 2025
Company Number
SC328690 (Scotland)
St. Magnus Bay Hotel Ltd.
Statement of financial position
as at 30 April 2025
Tangible assets
36,092
24,823
Cash at bank and in hand
34,623
16,779
Creditors: amounts falling due within one year
(365,519)
(293,013)
Net current liabilities
(148,696)
(127,170)
Total assets less current liabilities
(112,604)
(102,347)
Creditors: amounts falling due after more than one year
(11,575)
(11,575)
Net liabilities
(124,179)
(113,922)
Called up share capital
2
2
Profit and loss account
(124,181)
(113,924)
Shareholders' funds
(124,179)
(113,922)
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 April 2026 and were signed on its behalf by
Jodie Robertson
Director
Company Registration No. SC328690
St. Magnus Bay Hotel Ltd.
Notes to the Accounts
for the year ended 30 April 2025
St. Magnus Bay Hotel Ltd. is a private company, limited by shares, registered in Scotland, registration number SC328690.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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 within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2024
279,272
56,802
336,074
At 30 April 2025
305,252
56,802
362,054
At 1 May 2024
272,629
38,622
311,251
Charge for the year
9,199
5,512
14,711
At 30 April 2025
281,828
44,134
325,962
At 30 April 2025
23,424
12,668
36,092
At 30 April 2024
6,643
18,180
24,823
St. Magnus Bay Hotel Ltd.
Notes to the Accounts
for the year ended 30 April 2025
Amounts falling due within one year
Accrued income and prepayments
18,099
109
Other debtors
116,397
109,503
Amounts falling due after more than one year
Amounts due from group undertakings etc.
30,676
30,676
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
47,091
74,199
Trade creditors
129,922
76,291
Amounts owed to group undertakings and other participating interests
71,117
78,047
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 14 (2024: 14).