Island Sauna Shack Ltd - Filleted accounts

Registered number

SC827606

Island Sauna Shack Ltd

Unaudited Filleted Accounts

31 March 2026

Island Sauna Shack Ltd
Registered number:		SC827606
Balance Sheet
as at 31 March 2026

Notes			2026
£
Fixed assets
Tangible assets	3		34,362

Current assets
Stocks		2,479
Debtors	4	5,638
Cash at bank and in hand		4,962
		13,079

Creditors: amounts falling due within one year	5	(31,390)

Net current liabilities			(18,311)

Total assets less current liabilities			16,051

Creditors: amounts falling due after more than one year	6		(5,695)



Net assets			10,356

Capital and reserves
Called up share capital			2
Profit and loss account			10,354

Shareholder's funds			10,356

The directors are 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 directors acknowledge their 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.




Paul Mather
Director
Approved by the board on 31 July 2026

Island Sauna Shack Ltd
Notes to the Accounts
for the period from 1 November 2024 to 31 March 2026


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.

	Government Grants
	Argyll & Bute Council grant received in the year, totalling £1,000, was a small business start-up grant and has been used towards website design revenue expenditure, in line with the grant conditions. This grant has been recognised on the performance model, as income. A further non government grant was received in the year from The Waterfall Fund, totalling £500, also a small business start-up gant and has also been used towards advertising and marketing revenue expenditure, in line with the grant conditions.

	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:

	Office Equipment - Computer					over 5 years
	Plant & Machinery - Sauna Box, Tent Box & Fire Pit					over 10 years
	Plant & Machinery - Horse Box Changing Room, Foot Baths, Water Containers, Axes, Cleaning & Drying Equipment, Power Station, Floor Matting					over 5 years
	Plant & Machinery - Water Containers & Sauna Equipment					over 2 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees			2026
Number

	Average number of persons employed by the company			0


3	Tangible fixed assets
		Plant & Machinery		Office Equipment		Total
£			£		£
	Cost
	Additions	36,659		1,260		37,919
	At 31 March 2026	36,659		1,260		37,919

	Depreciation
	Charge for the period	3,517		40		3,557
	At 31 March 2026	3,517		40		3,557

	Net book value
	At 31 March 2026	33,142		1,220		34,362


4	Debtors			2026
£

	Stripe Balance			1,242
	Deferred Tax			3,958
	Prepayments			438
				5,638

5	Creditors: amounts falling due within one year			2026
£

	Accruals			1,169
	Trade Creditors			105
	Director's Loan Account			28,766
	Taxation & Social Security Costs			516
	Deferred Tax			834
				31,390

6	Creditors: amounts falling due after one year			2026
£

	Deferred Tax			5,695

7	Related party transactions

	At the period end the director, Donna Mather, was owed £28,766 by the company. This balance includes interest of £2,578, at a rate of 8%, charged to the company on the outstanding balance owed to the director, and expensed to the profit and loss in the year. There is no fixed term of repayment for this loan and no advances were made to the directors in the year.

8	Controlling party

	The company is owned by Donna Mather as sole shareholder (since 13th March 2025) and managed by Donna and Paul Mather who are the only directors of the company.

9	Other information

	Island Sauna Shack Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Copeland House, Viewmont Drive
	Tobermory
	Isle of Mull
	Argyll & Bute
	PA75 6PZ