REGISTERED NUMBER: SC272735 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

ARCHERFIELD HOUSE HOTEL MANAGEMENT

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R G Arnott

K M Doyle

J M Glen

G I Russell

T A K Younger

REGISTERED OFFICE:

46 Charlotte Square

Edinburgh

EH2 4HQ

REGISTERED NUMBER:

SC272735 (Scotland)

AUDITORS:

S&W Audit

Statutory Auditor

Chartered Accountants

Q Court

3 Quality Street

Edinburgh

EH4 5BP

FIXED ASSETS

Tangible assets

4

172,995

172,809

CURRENT ASSETS

Stocks

5

109,135

90,171

Debtors

6

3,748,925

1,994,497

Cash at bank and in hand

569,601

2,148,242

4,427,661

4,232,910

CREDITORS

Amounts falling due within one year

7

(1,585,811

)

(1,855,885

)

NET CURRENT ASSETS

2,841,850

2,377,025

TOTAL ASSETS LESS CURRENT LIABILITIES

3,014,845

2,549,834

PROVISIONS FOR LIABILITIES

8

(27,760

)

(25,591

)

NET ASSETS

2,987,085

2,524,243

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

2,987,083

2,524,241

SHAREHOLDERS' FUNDS

2,987,085

2,524,243

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 16 July 2026 and were signed on its behalf by:

G I Russell - Director

1.	STATUTORY INFORMATION

Archerfield House Hotel Management 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

Revenue comprises revenue recongised by the company in respect of food and beverage sales, spa sales and provision of accommodation during the year, exclusive of value added tax and trad discounts. Revenue is recognised at the point of sale for food and beverage and spa sales and on an accruals basis in relation to accommodation sales.

TANGIBLE FIXED ASSETS

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:

Plant & Machinery

- 14% per annum

Fixtures, fittings & equipment

- 14% 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 value amount and are recognised in profit or loss.

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

FINANCIAL INSTRUMENTS

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. lf objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset, carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. lf a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an 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.

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 plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in the statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

GROUP TREASURY FACILITY

The company operates as a subsidiary within the Caledonian Heritable group. The parent company acts as treasury manager for the group, managing financing, borrowing facilities and cash on a group wide basis.

As a result, excess cash generated by the company can be used within the wider group to manage the group financing as required or cash requirements in excess of cash generated is provided by the wider group.

The company is therefore reliant on the parent company for such funding requirements and the directors have obtained confirmation from the parent company that such funding will be made available to the company for working capital purposes, should it be required.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 89 (2024 - 102 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 November 2024

20,458

500,030

520,488

Additions

-

45,200

45,200

At 31 October 2025

20,458

545,230

565,688

DEPRECIATION

At 1 November 2024

20,458

327,221

347,679

Charge for year

-

45,014

45,014

At 31 October 2025

20,458

372,235

392,693

NET BOOK VALUE

At 31 October 2025

-

172,995

172,995

At 31 October 2024

-

172,809

172,809

5.

STOCKS

2025

2024

£

£

Stocks

109,135

90,171

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

148,547

307,100

Amounts owed by group undertakings

3,328,635

1,421,530

Other debtors

271,743

265,867

3,748,925

1,994,497

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

128,791

128,892

Taxation and social security

373,643

385,994

Other creditors

1,083,377

1,340,999

1,585,811

1,855,885

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

27,760

25,591

Deferred

tax

£

Balance at 1 November 2024

25,591

Provided during year

2,169

Balance at 31 October 2025

27,760

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary shares

1

2

2

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Craig Hunter (Senior Statutory Auditor)

for and on behalf of S&W Audit

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12.	ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

The parent undertaking of the largest and smallest group for which consolidated financial statements are prepared is Caledonian Heritable Limited. Consolidated financial statements for Caledonian Heritable Limited are available from Companies House with a registered address of 46 Charlotte Square, Edinburgh, EH2 4HQ.

Caledonian Heritable is ultimately controlled by K.H.M Doyle.