REGISTERED NUMBER: SC642306 (Scotland)

Diverso Stays Limited

Unaudited Financial Statements

for the year ended

30th September 2025

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

6

Directors:

L Becattelli

S S Turnbull

Registered office:

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Business address:

Park House

Makerstoun

Kelso

Roxburghshire

TD5 7PA

Registered number:

SC642306 (Scotland)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

5,520

6,913

Current assets

Debtors

5

34,601

44,302

Cash at bank

56,903

49,205

91,504

93,507

Creditors

Amounts falling due within one year

6

13,813

14,159

Net current assets

77,691

79,348

Total assets less current liabilities

83,211

86,261

Provisions for liabilities

1,049

1,313

Net assets

82,162

84,948

Capital and reserves

Called up share capital

100

100

Retained earnings

82,062

84,848

82,162

84,948

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th March 2026 and were signed on its behalf by:

L Becattelli - Director

S S Turnbull - Director

1.	Statutory information

Diverso Stays 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

Rental payments received during the year are recognised in accordance with the lease agreements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Office equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Financial instruments

The following assets and liabilities are classified as financial instruments - directors' loans, other loans, trade debtors, trade creditors and accruals.

Directors' loans (being repayable on demand), other loans, trade debtors, trade creditors and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

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.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Going concern

The directors have considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and have an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 1 ) .

4.	Tangible fixed assets

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

Cost

At 1st October 2024

and 30th September 2025

16,510

261

16,771

Depreciation

At 1st October 2024

9,803

55

9,858

Charge for year

1,341

52

1,393

At 30th September 2025

11,144

107

11,251

Net book value

At 30th September 2025

5,366

154

5,520

At 30th September 2024

6,707

206

6,913

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

16,200

19,366

Other debtors

18,401

24,936

34,601

44,302

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

150

363

Taxation and social security

12,163

12,296

Other creditors

1,500

1,500

13,813

14,159

7.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 30th September 2025 and 30th September 2024:

2025

2024

£

£

Director 1

Balance outstanding at start of year

13,749

11,487

Amounts advanced

11,246

18,263

Amounts repaid

(16,000

)

(16,001

)

Balance outstanding at end of year

8,995

13,749

Director 2

Balance outstanding at start of year

11,186

10,976

Amounts advanced

24,219

16,217

Amounts repaid

(26,000

)

(16,007

)

Balance outstanding at end of year

9,405

11,186

These loans are unsecured and repayable on demand. Interest is charged by the company at the official rate published by HMRC.

8.	Post balance sheet events

Since the year end, on 26th March 2026, an interim dividend for the year ended 30th September 2026 of £320 per share has been declared.