| Friars Carse Country House Hotel Limited |
| Registered number: |
SC703474 |
| Balance Sheet |
| as at 31 July 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
24,798 |
|
|
24,798 |
| Tangible assets |
4 |
|
|
1,142,615 |
|
|
1,142,615 |
|
|
|
|
1,167,413 |
|
|
1,167,413 |
|
| Current assets |
| Debtors |
5 |
|
251,757 |
|
|
251,757 |
| Cash at bank and in hand |
|
|
8,770 |
|
|
8,770 |
|
|
|
260,527 |
|
|
260,527 |
|
| Creditors: amounts falling due within one year |
6 |
|
(2,713,910) |
|
|
(2,713,910) |
|
| Net current liabilities |
|
|
|
(2,453,383) |
|
|
(2,453,383) |
|
| Net liabilities |
|
|
|
(1,285,970) |
|
|
(1,285,970) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(1,285,971) |
|
|
(1,285,971) |
|
| Shareholder's funds |
|
|
|
(1,285,970) |
|
|
(1,285,970) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Zhen Sun |
| Director |
| Approved by the board on 31 July 2026 |
|
| Friars Carse Country House Hotel Limited |
| Notes to the Accounts |
| for the year ended 31 July 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
20% reducing balance |
|
Motor vehicles |
20% reducing balance |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
Going concern |
|
The company has net liabilities and is therefore dependent upon the continuing support of its creditors and director. On the basis that this support is expected to continue, the accounts have been drawn up on the going concern basis. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
26 |
|
28 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 August 2024 |
60,000 |
|
At 31 July 2025 |
60,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 August 2024 |
35,202 |
|
At 31 July 2025 |
35,202 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2025 |
24,798 |
|
At 31 July 2024 |
24,798 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
|
|
|
| 4 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 August 2024 |
964,988 |
|
234,468 |
|
63,143 |
|
1,262,599 |
|
At 31 July 2025 |
964,988 |
|
234,468 |
|
63,143 |
|
1,262,599 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2024 |
- |
|
96,550 |
|
23,434 |
|
119,984 |
|
At 31 July 2025 |
- |
|
96,550 |
|
23,434 |
|
119,984 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2025 |
964,988 |
|
137,918 |
|
39,709 |
|
1,142,615 |
|
At 31 July 2024 |
964,988 |
|
137,918 |
|
39,709 |
|
1,142,615 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
251,757 |
|
251,757 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Taxation and social security costs |
157,321 |
|
157,321 |
|
Other creditors |
2,556,589 |
|
2,556,589 |
|
|
|
|
|
|
2,713,910 |
|
2,713,910 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Friars Carse Country House Hotel Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Friars Carse |
|
Auldgirth |
|
Dumfries |
|
DG2 0SA |