SC Hospitality Group Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11364109

SC Hospitality Group Ltd

Filleted Unaudited Financial Statements

31 March 2026

SC Hospitality Group Ltd

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	–	676,752

Current assets

Stocks		–	15,320
Debtors	6	7,028	7,239
Cash at bank and in hand		233,718	1,420
		---------	--------
		240,746	23,979

Creditors: amounts falling due within one year	7	85,694	469,276
		---------	---------
Net current assets/(liabilities)		155,052	( 445,297)
		---------	---------
Total assets less current liabilities		155,052	231,455

Creditors: amounts falling due after more than one year	8	–	368,500
		---------	---------
Net assets/(liabilities)		155,052	( 137,045)
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	154,952	( 137,145)
	---------	---------
Shareholders funds/(deficit)	155,052	( 137,045)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

SC Hospitality Group Ltd

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 1 July 2026 , and are signed on behalf of the board by:

Mr S G Sherwood	Mr C T Manumbali
Director	Director

Company registration number: 11364109

SC Hospitality Group Ltd

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Gabb and Co, 32 Monk Street, Abergavenny, Monmouthshire, NP7 5NW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	15% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

The following assets and liabilities are classified as financial instruments - bank, trade debtors, trade creditors, bank loans and directors' loans to the company. Cash and cash equivalents in the statement of financial position comprise cash at bank and in hand held on demand. Bank overdrafts are shown within creditors due within one year. Trade debtors and creditors are measured at the undiscounted amounts receivable from the customer or payable to a supplier, which is normally the invoiced price. Trade debtors are assessed at the end of each reporting period for the objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of income and retained earnings. Loans received from a bank at the market rate of interest are recognised at the amount of cash received from the bank, less separately incurred transition costs. Directors' loans to the company which are repayable on demand are measured at the undiscounted amount of the cash expected to be paid.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 17 (2025: 13 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 April 2025	675,064	14,331	204,234	893,629
Disposals	( 675,064)	( 14,331)	( 204,234)	( 893,629)
	---------	--------	---------	---------
At 31 March 2026	–	–	–	–
	---------	--------	---------	---------
Depreciation
At 1 April 2025	81,537	8,952	126,388	216,877
Disposals	( 81,537)	( 8,952)	( 126,388)	( 216,877)
	---------	--------	---------	---------
At 31 March 2026	–	–	–	–
	---------	--------	---------	---------
Carrying amount
At 31 March 2026	–	–	–	–
	---------	--------	---------	---------
At 31 March 2025	593,527	5,379	77,846	676,752
	---------	--------	---------	---------

6. Debtors

	2026	2025
	£	£
Other debtors	7,028	7,239
	-------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	–	46,464
Trade creditors	–	5,184
Corporation tax	77,890	–
Social security and other taxes	–	11,176
Other creditors	7,804	406,452
	--------	---------
	85,694	469,276
	--------	---------

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	–	368,500
	----	---------

Included within creditors: amounts falling due after more than one year is an amount of £Nil (2025: £309,812) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

In the prior year, the bank loan had 180 months remaining of which the fixed term loan was over 24 months. The fixed interest rate applied is 3.67% p.a. over the banks base rate.

The bank loan has been fully repaid.

9. Security

The bank held a standard security over the property of Ramnee Hotel, Forres, along with a bond and floating charge.

10. Related party transactions

Included within creditors due within one year is £3,080 (2025 - £376,198) due to the directors. There are no set repayment terms and no interest is being charged. Dividends of £60,000 were paid to the directors during the year.