Company Registration No. SC633367 (Scotland)
THE BALERNO INN LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
THE BALERNO INN LTD
COMPANY INFORMATION
Directors
Mr W Gorol
Mr B Watson
Company number
SC633367
Registered office
Dains Accountants
46 Bank Street
Kilmarnock
Ayrshire
KA1 1HA
Accountants
Dains
46 Bank Street
Kilmarnock
Ayrshire
KA1 1HA
Business address
15 Main Street
Balerno
Edinburgh
Lothian
Scotland
EH14 7EQ
THE BALERNO INN LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
THE BALERNO INN LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,996
6,772
Current assets
Stocks
6,110
9,800
Debtors
4
57,536
55,951
Cash at bank and in hand
224,549
195,272
288,195
261,023
Creditors: amounts falling due within one year
5
(134,684)
(147,296)
Net current assets
153,511
113,727
Total assets less current liabilities
156,507
120,499
Provisions for liabilities
(749)
(1,693)
Net assets
155,758
118,806
Capital and reserves
Called up share capital
6
2
2
Profit and loss reserves
155,756
118,804
Total equity
155,758
118,806

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 5 August 2026 and are signed on its behalf by:
Mr W Gorol
Mr B Watson
Director
Director
Company registration number SC633367 (Scotland)
THE BALERNO INN LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 2 -
1
Accounting policies
Company information

The Balerno Inn Ltd is a private company limited by shares incorporated in Scotland. The registered office is Dains Accountants, 46 Bank Street, Kilmarnock, Ayrshire, KA1 1HA. The principal place of business is 15 Main Street, Balerno, Edinburgh, Lothian, Scotland, EH14 7EQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is represented by the income from the restaurant, bar income and hotel accommodation.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% on cost
Computers
33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Stocks

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

THE BALERNO INN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractural arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Leases
As lessee

The company has a lease on the property and rentals are based on a percentage of sales.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
44
45
THE BALERNO INN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 4 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2024 and 30 November 2025
22,507
Depreciation and impairment
At 1 December 2024
15,735
Depreciation charged in the year
3,776
At 30 November 2025
19,511
Carrying amount
At 30 November 2025
2,996
At 30 November 2024
6,772
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
11,708
14,765
Other debtors
33,687
40,048
Prepayments and accrued income
12,141
1,138
57,536
55,951
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
51,450
58,728
Taxation and social security
38,117
31,312
Other creditors
43,356
57,088
Accruals and deferred income
1,761
168
134,684
147,296
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
1
1
1
1
Ordinary B of £1 each
1
1
1
1
2
2
2
2
THE BALERNO INN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 5 -
7
Operating lease commitments
As lessee

The company has a lease on the property and rentals are based on a percentage of sales.

8
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Balerno Holdings Ltd own the property and assets of the company. During the year recharges were invoiced totalling £133,575 including £60,000 refurbishment costs and £51,575 of rent. As at 30 November 2025 the total due to be paid to Balerno Holdings Ltd was £20,202 (2024 - £20,736).

9
Directors' transactions

As at 30 November 2025, B Watson owes the company £23,582. The company owed B Watson £6,420 relating to unpaid expenses in the prior year however the director has withdrawn a loan of £30,002 from the company within the year.

2025-11-30 2024-12-01 false false false 05 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr W Gorol Mr B Watson SC633367 2024-12-01 2025-11-30 SC633367 bus:Director1 2024-12-01 2025-11-30 SC633367 bus:Director2 2024-12-01 2025-11-30 SC633367 bus:RegisteredOffice 2024-12-01 2025-11-30 SC633367 2025-11-30 SC633367 2024-11-30 SC633367 core:OtherPropertyPlantEquipment 2025-11-30 SC633367 core:OtherPropertyPlantEquipment 2024-11-30 SC633367 core:WithinOneYear 2025-11-30 SC633367 core:WithinOneYear 2024-11-30 SC633367 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 SC633367 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 SC633367 core:ShareCapital 2025-11-30 SC633367 core:ShareCapital 2024-11-30 SC633367 core:RetainedEarningsAccumulatedLosses 2025-11-30 SC633367 core:RetainedEarningsAccumulatedLosses 2024-11-30 SC633367 core:ShareCapitalOrdinaryShareClass2 2025-11-30 SC633367 core:ShareCapitalOrdinaryShareClass2 2024-11-30 SC633367 core:ShareCapitalOrdinaryShareClass3 2025-11-30 SC633367 core:ShareCapitalOrdinaryShareClass3 2024-11-30 SC633367 core:ShareCapitalOrdinaryShares 2025-11-30 SC633367 core:ShareCapitalOrdinaryShares 2024-11-30 SC633367 core:FurnitureFittings 2024-12-01 2025-11-30 SC633367 core:ComputerEquipment 2024-12-01 2025-11-30 SC633367 2023-12-01 2024-11-30 SC633367 core:OtherPropertyPlantEquipment 2024-11-30 SC633367 core:OtherPropertyPlantEquipment 2024-12-01 2025-11-30 SC633367 core:CurrentFinancialInstruments 2025-11-30 SC633367 core:CurrentFinancialInstruments 2024-11-30 SC633367 bus:OrdinaryShareClass2 2024-12-01 2025-11-30 SC633367 bus:OrdinaryShareClass3 2024-12-01 2025-11-30 SC633367 bus:OrdinaryShareClass2 2025-11-30 SC633367 bus:OrdinaryShareClass2 2024-11-30 SC633367 bus:OrdinaryShareClass3 2025-11-30 SC633367 bus:OrdinaryShareClass3 2024-11-30 SC633367 bus:AllOrdinaryShares 2025-11-30 SC633367 bus:AllOrdinaryShares 2024-11-30 SC633367 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 SC633367 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 SC633367 bus:FRS102 2024-12-01 2025-11-30 SC633367 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 SC633367 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP