Sunninghill Hotel Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC247904

Sunninghill Hotel Limited

Filleted Unaudited Financial Statements

31 March 2026

Sunninghill Hotel Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Intangible assets	5	580	652
Tangible assets	6	788,486	804,682
		---------	---------
		789,066	805,334

Current assets

Stocks		26,403	19,859
Debtors	7	14,826	27,303
Cash at bank and in hand		407,475	410,401
		---------	---------
		448,704	457,563

Creditors: amounts falling due within one year	8	137,041		183,642
		---------		---------
Net current assets			311,663	273,921
			------------	------------
Total assets less current liabilities			1,100,729	1,079,255

Provisions

Taxation including deferred tax	17,921	22,649
	------------	------------
Net assets	1,082,808	1,056,606
	------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,082,708	1,056,506
	------------	------------
Shareholders funds	1,082,808	1,056,606
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Sunninghill Hotel Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 4 August 2026 , and are signed on behalf of the board by:

Mr A Ross

Director

Company registration number: SC247904

Sunninghill Hotel Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Sunninghill Hotel Ltd, Sunninghill Hotel, Hay Street, Elgin, Moray, IV30 INH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Registration	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	15% reducing balance
Fixtures & Fittings	-	15% reducing balance
Motor Vehicles	-	25% reducing balance

Investment property

Investment property is revalued to its fair value at each reporting date. Gains are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

The following assets and liabilities are classified as financial instruments - investment properties, bank, trade debtors, trade creditors and directors' loans from the company. Investment properties are valued at their fair value at the balance sheet date, gains and losses are recognised in the income statement and deferred tax is provided on gains. Cash and cash equivalents in the statement of financial position comprise cash at bank and in hand held on demand. Bank overdrafts are shown within creditors due within one year. Trade debtors and creditors are measured at the undiscounted amounts receivable from the customer or payable to a supplier, which is normally the invoiced price. Trade debtors are assessed at the end of each reporting period for the objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of income and retained earnings. Directors' loans from the company which are repayable on demand are measured at the undiscounted amount of the cash expected to be paid.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 30 (2025: 34 ).

5. Intangible assets

	Registration
	£
Cost
At 1 April 2025 and 31 March 2026	724
	----
Amortisation
At 1 April 2025	72
Charge for the year	72
	----
At 31 March 2026	144
	----
Carrying amount
At 31 March 2026	580
	----
At 31 March 2025	652
	----

6. Tangible assets

	Property	Investment Property	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£	£
Cost
At 1 Apr 2025	641,032	75,662	62,540	69,277	108,702	957,213
Additions	4,215	–	–	–	–	4,215
Disposals	( 1,500)	–	–	–	–	( 1,500)
	---------	--------	--------	--------	---------	---------
At 31 Mar 2026	643,747	75,662	62,540	69,277	108,702	959,928
	---------	--------	--------	--------	---------	---------
Depreciation
At 1 Apr 2025	–	–	44,557	45,995	61,979	152,531
Charge for the year	–	–	3,279	3,952	11,680	18,911
	---------	--------	--------	--------	---------	---------
At 31 Mar 2026	–	–	47,836	49,947	73,659	171,442
	---------	--------	--------	--------	---------	---------
Carrying amount
At 31 Mar 2026	643,747	75,662	14,704	19,330	35,043	788,486
	---------	--------	--------	--------	---------	---------
At 31 Mar 2025	641,032	75,662	17,983	23,282	46,723	804,682
	---------	--------	--------	--------	---------	---------

The investment property was purchased on 29 October 2009. The directors agreed that the fair value had not significantly changed since this date.

7. Debtors

	2026	2025
	£	£
Trade debtors	5,091	14,545
Other debtors	9,735	12,758
	--------	--------
	14,826	27,303
	--------	--------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	47,553	110,405
Corporation tax	24,171	32,796
Social security and other taxes	48,938	19,737
Other creditors	16,379	20,704
	---------	---------
	137,041	183,642
	---------	---------

9. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mrs W Ross	2,015	–	( 2,015)	–
	-------	----	-------	----

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mrs W Ross	2,054	542	( 581)	2,015
	-------	----	----	-------

10. Related party transactions

The dividends paid to the directors during the year were £38,400 (2025 - £58,182).