Company registration number SC502299 (Scotland)
THE STAR INN (ARDERSIER) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
PAGES FOR FILING WITH REGISTRAR
A9 Accountancy Limited
Chartered Accountants
Elm House
Cradlehall Business Park
Inverness
United Kingdom
IV2 5GH
THE STAR INN (ARDERSIER) LIMITED
BALANCE SHEET
AS AT 30 APRIL 2026
30 April 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
794,719
773,037
Current assets
Stocks
35,000
25,000
Cash at bank and in hand
3,925
15,210
38,925
40,210
Creditors: amounts falling due within one year
5
(925,678)
(877,717)
Net current liabilities
(886,753)
(837,507)
Total assets less current liabilities
(92,034)
(64,470)
Creditors: amounts falling due after more than one year
6
-
0
(1,136)
Net liabilities
(92,034)
(65,606)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(92,134)
(65,706)
Total equity
(92,034)
(65,606)

For the financial year ended 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges her 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 director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 23 July 2026
Miss L M Macdonald
Director
Company registration number SC502299 (Scotland)
THE STAR INN (ARDERSIER) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
- 2 -
1
Accounting policies
Company information

The Star Inn (Ardersier) Limited is a private company limited by shares incorporated in Scotland. The registered office is C/O A9 Accountancy Limited, Elm House, Cradlehall Business Park, Inverness, IV2 5GH.

1.1
Basis of preparation

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The financial statements have been prepared under the going concern basis which is considered appropriate by the director. As at 30 April 2026 the company had net current liabilities of £886,753 (2025 - £837,507) and net liabilities of £92,034 (2025 - £65,606). The company relies upon the continued support from its director and related parties to be able to meet its liabilities as they fall due and the appropriateness of the going concern basis is dependent on this support being continued. true

1.3
Revenue

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.

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
2% straight line
Plant and equipment
25% reducing balance
Fixtures and fittings
25% reducing balance
Motor vehicles
15% 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.

THE STAR INN (ARDERSIER) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
1
Accounting policies
(Continued)
- 3 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

THE STAR INN (ARDERSIER) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
1
Accounting policies
(Continued)
- 4 -
1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

As lessor

When the company acts as a lessor, a lease is classified as a finance lease whenever it transfers substantially all the risks and rewards of ownership of the underlying asset to the lessee, either at the end of the lease term or for the major part of the economic life of the asset. All other leases are classified as operating leases. If an arrangement contains both lease and non-lease components, the company allocates the consideration in the contract to the two elements.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

THE STAR INN (ARDERSIER) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
- 5 -
3
Employees

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

2026
2025
Number
Number
Total
14
7
4
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 May 2025
785,240
178,183
190,638
41,687
1,195,748
Additions
-
0
3,273
80,426
-
0
83,699
At 30 April 2026
785,240
181,456
271,064
41,687
1,279,447
Depreciation and impairment
At 1 May 2025
125,797
151,781
133,565
11,568
422,711
Depreciation charged in the year
15,705
7,419
34,375
4,518
62,017
At 30 April 2026
141,502
159,200
167,940
16,086
484,728
Carrying amount
At 30 April 2026
643,738
22,256
103,124
25,601
794,719
At 30 April 2025
659,443
26,402
57,073
30,119
773,037
5
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
877
23,266
Trade creditors
40,940
29,159
Taxation and social security
16,095
13,965
Other creditors
867,766
811,327
925,678
877,717
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
-
0
1,136
THE STAR INN (ARDERSIER) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
6
Creditors: amounts falling due after more than one year
(Continued)
- 6 -

RBS Plc have a floating charge over the company's assets and a fixed security over the freehold land and buildings.

7
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2026
2025
£
£
Total commitments
3,828
6,124
8
Related party transactions
2026
2025
Amounts due to related parties
£
£
Other related parties
729,313
772,281
9
Exceptional item

The exceptional item of £150,000 relates to a connected company loan write off. The loan was made several years ago and the director does not believe it will be possible to pay it back in full therefore a partial write off has taken place during this accounting period.

2026-04-30 2025-05-01 false false false 23 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Miss LM MacDonald SC502299 2025-05-01 2026-04-30 SC502299 2026-04-30 SC502299 2025-04-30 SC502299 core:LandBuildings core:OwnedOrFreeholdAssets 2026-04-30 SC502299 core:PlantMachinery 2026-04-30 SC502299 core:FurnitureFittings 2026-04-30 SC502299 core:MotorVehicles 2026-04-30 SC502299 core:LandBuildings core:OwnedOrFreeholdAssets 2025-04-30 SC502299 core:PlantMachinery 2025-04-30 SC502299 core:FurnitureFittings 2025-04-30 SC502299 core:MotorVehicles 2025-04-30 SC502299 core:CurrentFinancialInstruments core:WithinOneYear 2026-04-30 SC502299 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 SC502299 core:Non-currentFinancialInstruments core:AfterOneYear 2026-04-30 SC502299 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-30 SC502299 core:CurrentFinancialInstruments 2026-04-30 SC502299 core:CurrentFinancialInstruments 2025-04-30 SC502299 core:ShareCapital 2026-04-30 SC502299 core:ShareCapital 2025-04-30 SC502299 core:RetainedEarningsAccumulatedLosses 2026-04-30 SC502299 core:RetainedEarningsAccumulatedLosses 2025-04-30 SC502299 bus:Director1 2025-05-01 2026-04-30 SC502299 core:LandBuildings core:OwnedOrFreeholdAssets 2025-05-01 2026-04-30 SC502299 core:PlantMachinery 2025-05-01 2026-04-30 SC502299 core:FurnitureFittings 2025-05-01 2026-04-30 SC502299 core:MotorVehicles 2025-05-01 2026-04-30 SC502299 2024-05-01 2025-04-30 SC502299 core:LandBuildings core:OwnedOrFreeholdAssets 2025-04-30 SC502299 core:PlantMachinery 2025-04-30 SC502299 core:FurnitureFittings 2025-04-30 SC502299 core:MotorVehicles 2025-04-30 SC502299 2025-04-30 SC502299 core:Non-currentFinancialInstruments 2026-04-30 SC502299 core:Non-currentFinancialInstruments 2025-04-30 SC502299 bus:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 SC502299 bus:SmallCompaniesRegimeForAccounts 2025-05-01 2026-04-30 SC502299 bus:FRS102 2025-05-01 2026-04-30 SC502299 bus:AuditExemptWithAccountantsReport 2025-05-01 2026-04-30 SC502299 bus:FullAccounts 2025-05-01 2026-04-30 xbrli:pure xbrli:shares iso4217:GBP