Caseware UK (AP4) 2023.0.135 2023.0.135 true 2024-11-01 false The principal actvity of the company is that of other accommodation 15 15 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC090697 2024-11-01 2025-10-31 SC090697 2023-11-01 2024-10-31 SC090697 2025-10-31 SC090697 2024-10-31 SC090697 2023-11-01 SC090697 c:Director3 2024-11-01 2025-10-31 SC090697 d:Buildings 2024-11-01 2025-10-31 SC090697 d:Buildings 2025-10-31 SC090697 d:Buildings 2024-10-31 SC090697 d:Buildings d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 SC090697 d:PlantMachinery 2024-11-01 2025-10-31 SC090697 d:PlantMachinery 2025-10-31 SC090697 d:PlantMachinery 2024-10-31 SC090697 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 SC090697 d:MotorVehicles 2024-11-01 2025-10-31 SC090697 d:MotorVehicles 2025-10-31 SC090697 d:MotorVehicles 2024-10-31 SC090697 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 SC090697 d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 SC090697 d:CurrentFinancialInstruments 2025-10-31 SC090697 d:CurrentFinancialInstruments 2024-10-31 SC090697 d:CurrentFinancialInstruments d:WithinOneYear 2025-10-31 SC090697 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 SC090697 d:ShareCapital 2024-11-01 2025-10-31 SC090697 d:ShareCapital 2025-10-31 SC090697 d:ShareCapital 2023-11-01 2024-10-31 SC090697 d:ShareCapital 2024-10-31 SC090697 d:ShareCapital 2023-11-01 SC090697 d:SharePremium 2024-11-01 2025-10-31 SC090697 d:SharePremium 2025-10-31 SC090697 d:SharePremium 2023-11-01 2024-10-31 SC090697 d:SharePremium 2024-10-31 SC090697 d:SharePremium 2023-11-01 SC090697 d:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 SC090697 d:RetainedEarningsAccumulatedLosses 2025-10-31 SC090697 d:RetainedEarningsAccumulatedLosses 2023-11-01 2024-10-31 SC090697 d:RetainedEarningsAccumulatedLosses 2024-10-31 SC090697 d:RetainedEarningsAccumulatedLosses 2023-11-01 SC090697 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-10-31 SC090697 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-10-31 SC090697 c:OrdinaryShareClass1 2024-11-01 2025-10-31 SC090697 c:OrdinaryShareClass1 2025-10-31 SC090697 c:OrdinaryShareClass1 2024-10-31 SC090697 c:OrdinaryShareClass2 2024-11-01 2025-10-31 SC090697 c:OrdinaryShareClass2 2025-10-31 SC090697 c:OrdinaryShareClass2 2024-10-31 SC090697 c:FRS102 2024-11-01 2025-10-31 SC090697 c:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 SC090697 c:FullAccounts 2024-11-01 2025-10-31 SC090697 c:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 SC090697 2 2024-11-01 2025-10-31 SC090697 d:AcceleratedTaxDepreciationDeferredTax 2025-10-31 SC090697 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 SC090697 e:PoundSterling 2024-11-01 2025-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: SC090697 CASTLE SWEEN BAY (HOLIDAYS) LIMITED Unaudited Financial statements Information for filing with the registrar For the Year Ended October 31, 2025
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Registered number: SC090697 Balance sheet As at October 31, 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 4,755,157 |  | 4,793,383
|  |  | 4,755,157 |  | 4,793,383
Current assets |  |  |  |  |
Stocks |  | 459,624 |  | 486,294 |
Debtors: amounts falling due within one year | 5 | 346,969 |  | 241,721 |
Cash at bank and in hand |  | 545,351 |  | 499,073 |
|  | 1,351,944 |  | 1,227,088 |
Creditors: amounts falling due within one year | 6 | (479,227) |  | (516,320) |
Net current assets |  |  | 872,717 |  | 710,768
Total assets less current liabilities |  |  | 5,627,874 |  | 5,504,151
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (7,563) |  | (2,459) |
|  |  | (7,563) |  | (2,459)
Net assets |  |  | 5,620,311 |  | 5,501,692
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 36,000 |  | 36,000
Share premium account |  |  | 4,572,400 |  | 4,572,400
Profit and loss account |  |  | 1,011,911 |  | 893,292
|  |  | 5,620,311 |  | 5,501,692
Page 1
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Registered number: SC090697 Balance sheet (continued) As at October 31, 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on July 23, 2026.
DH Rogers
Director
The notes on pages 4 to 11 form part of these financial statements. Page 2
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Statement of changes in equity For the Year Ended October 31, 2025
| Called up share capital | Share premium account | Profit and loss account | Total equity
| £ | £ | £ | £
At November 1, 2023 | 8,400 | - | 1,132,081 | 1,140,481
Comprehensive income for the year |  |  |  |
Profit for the year | - | - | 391,211 | 391,211
Total comprehensive income for the year | - | - | 391,211 | 391,211
Contributions by and distributions to owners |  |  |  |
Dividends: Equity capital | - | - | (630,000) | (630,000)
Shares issued during the year | 27,600 | 4,572,400 | - | 4,600,000
Total transactions with owners | 27,600 | 4,572,400 | (630,000) | 3,970,000
At November 1, 2024 | 36,000 | 4,572,400 | 893,292 | 5,501,692
Comprehensive income for the year |  |  |  |
Profit for the year | - | - | 118,619 | 118,619
Total comprehensive income for the year | - | - | 118,619 | 118,619
Total transactions with owners | - | - | - | -
At October 31, 2025 | 36,000 | 4,572,400 | 1,011,911 | 5,620,311
| The notes on pages 4 to 11 form part of these financial statements.
Page 3
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Notes to the financial statements For the Year Ended October 31, 2025
1. | General information
The company is a private company limited by share capital incorporated in Scotland. The address of its registered office and principal place of business is: Ellary, Achahoish, Lochgilphead, Argyll, PA31 8PA. The principal activity of the company is that of other accommodation. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Revenue
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Sale of goods Turnover from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 4
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Notes to the financial statements For the Year Ended October 31, 2025 2.Accounting policies (continued)
| 2.4 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.5 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 5% straight line per annum
|  |  |  | Plant & machinery | - | 25% straight line per annum
|  |  |  | Motor vehicles | - | 25% straight line per annum
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Page 5
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Notes to the financial statements For the Year Ended October 31, 2025 2.Accounting policies (continued)
| 2.6 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.10 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.11 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. 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 Page 6
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Notes to the financial statements For the Year Ended October 31, 2025 2.Accounting policies (continued)
| 2.11 | Financial instruments (continued)
settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments. Other financial assets Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment. Impairment of financial assets Financial assets are assessed for indicators of impairment at each reporting date. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Page 7
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Notes to the financial statements For the Year Ended October 31, 2025 2.Accounting policies (continued)
| 2.11 | Financial instruments (continued)
Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Other financial instruments Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss. Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy. Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
| 2.12 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including the directors, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  |  | 15 | 15
Page 8
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Notes to the financial statements For the Year Ended October 31, 2025
4. | Tangible fixed assets
|  | Freehold property | Plant & machinery | Motor vehicles | Total
|  | £ | £ | £ | £
| Cost |  |  |  |
| At 1 November 2024 | 4,863,113 | 346,105 | 38,996 | 5,248,214
| Additions | - | 57,434 | - | 57,434
| Disposals | (58,923) | (18,850) | - | (77,773)
| At October 31, 2025 | 4,804,190 | 384,689 | 38,996 | 5,227,875
| Depreciation |  |  |  |
| At 1 November 2024 | 113,078 | 308,756 | 32,997 | 454,831
| Charge for the year on owned assets | 6,550 | 33,025 | 6,000 | 45,575
| Disposals | (8,838) | (18,850) | - | (27,688)
| At October 31, 2025 | 110,790 | 322,931 | 38,997 | 472,718
| Net book value |  |  |  |
| At October 31, 2025 | 4,693,400 | 61,758 | (1) | 4,755,157
| At October 31, 2024 | 4,750,035 | 37,349 | 5,999 | 4,793,383
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 346,969 | 233,767
| Prepayments and accrued income | - | 7,954
|  | 346,969 | 241,721
Page 9
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Notes to the financial statements For the Year Ended October 31, 2025
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 38,534 | 110,717
| Corporation tax | 112,557 | 134,029
| Other taxation and social security | 18,894 | 8,550
| Other creditors | 100,000 | 100,000
| Accruals and deferred income | 209,242 | 163,024
|  | 479,227 | 516,320
7. | Financial instruments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Financial assets |  |
| Financial assets measured at fair value through profit or loss | 545,351 | 499,073
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (2,459)
| Charged to profit or loss | (5,104)
| At end of year | (7,563)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (7,563) | (2,459)
|  | (7,563) | (2,459)
9. | Share capital
|  |  |  |  | 2025 | 2024
Page 10
CASTLE SWEEN BAY (HOLIDAYS) LIMITED Notes to the financial statements For the Year Ended October 31, 2025 9.Share capital (continued)
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 200 (2024 - 200) Ordinary A shares of £1.00 each | 200 | 200
|  | 35,800 (2024 - 35,800) Ordinary B shares of £1.00 each | 35,800 | 35,800
|  |  | 36,000 | 36,000
Page 11