KINGDOM HOLIDAY RENTALS LIMITED


Director	Laura Claire Sweeney


Registered Address	1 David Street
	Lochgelly
	KY5 9QZ


Registered Number	SC831901 (Scotland)

Balance Sheet as at
31 December 2025

	Notes	2025
		£	£
Fixed assets
Investment property	3		105,000
			105,000
Current assets
Debtors	4	398
Cash at bank and on hand		4,527
		4,925
Creditors amounts falling due within one year	5	(42,731)
Net current assets (liabilities)			(37,806)
Total assets less current liabilities			67,194
Creditors amounts falling due after one year	6		(76,530)
Net assets			(9,336)
Capital and reserves
Called up share capital			100
Profit and loss account			(9,436)
Shareholders' funds			(9,336)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 16 July 2026, and are signed on its behalf by:

Laura Claire Sweeney
Director
Registered Company No. SC831901

KINGDOM HOLIDAY RENTALS LIMITED

Notes to the Financial Statements
for the period ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	The financial statements have been prepared on the going concern basis. The director finds it appropriate for the financial statements to be prepared on this basis despite the net liability position of the company. The company is reliant upon the continued support of the director who has confirmed that they will continue to support the company as required.

	Turnover policy
	Income represents rents receivable in the year.

	Current taxation
	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
	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.

Deferred tax

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.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025
	Average number of employees during the year	1

3.	Investment property


		£
	Additions	105,000
	At 31 December 25	105,000

4.	Debtors: amounts due within one year

		2025
		£
	Prepayments and accrued income	398
	Total	398

5.	Creditors: amounts due within one year

		2025
		£
	Other creditors	41,531
	Accrued liabilities and deferred income	1,200
	Total	42,731

6.	Creditors: amounts due after one year

		2025
		£
	Bank borrowings and overdrafts	76,530
	Total	76,530


	The bank borrowings are secured over the Investment Property of the Company.