The Stair Arms Hotel Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC144958

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		806,786		847,662

			806,786		847,662
CURRENT ASSETS
Stocks	5	9,500		7,480
Debtors	6	937		-
Cash at bank and in hand		84,880		123,811

		95,317		131,291
Creditors: Amounts Falling Due Within One Year	7	(217,382 )		(174,463 )

NET CURRENT ASSETS (LIABILITIES)			(122,065 )		(43,172 )

TOTAL ASSETS LESS CURRENT LIABILITIES			684,721		804,490

Creditors: Amounts Falling Due After More Than One Year	8		(386,676 )		(316,251 )

NET ASSETS			298,045		488,239

CAPITAL AND RESERVES
Called up share capital	9		50,000		50,000
Revaluation reserve	10		218,166		218,166
Profit and Loss Account			29,879		220,073

SHAREHOLDERS' FUNDS			298,045		488,239

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The Stair Arms Hotel Ltd.

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Grant Ramsay

Director

20/03/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Stair Arms Hotel Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC144958 . The registered office is The Stair Arms, Ford, Pathhead, EH37 5TX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0
Plant & Machinery	15% RB
Fixtures & Fittings	15% RB

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 26 (2024: 26)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 August 2024	575,154	72,693	885,573	1,533,420

As at 31 July 2025	575,154	72,693	885,573	1,533,420

...CONTINUED

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The Stair Arms Hotel Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

Depreciation
As at 1 August 2024	-	71,483	614,275	685,758
Provided during the period	-	182	40,694	40,876

As at 31 July 2025	-	71,665	654,969	726,634

Net Book Value
As at 31 July 2025	575,154	1,028	230,604	806,786

As at 1 August 2024	575,154	1,210	271,298	847,662

5. Stocks

	2025	2024
	£	£
Stocks	9,500	7,480

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	937	-

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	59,097	39,162
Bank loans and overdrafts	15,341	16,448
Other taxes and social security	2,985	3,951
VAT	31,722	27,386
Net wages	5,027	-
Accruals and deferred income	30,000	-
Directors' loan accounts	73,210	87,516

	217,382	174,463

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	284,907	299,556
Accruals and deferred income	101,769	16,695

	386,676	316,251

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	50,000	50,000

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The Stair Arms Hotel Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

10. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 August 2024	218,166	220,073
Loss for the year and total comprehensive income	-	(190,194 )

As at 31 July 2025	218,166	29,879

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