REGISTERED NUMBER: 03685904 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 1ST DECEMBER 2025

FOR

MOUNTAIN LODGE HOTELS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D J Stewart

Mrs L M Stewart

REGISTERED OFFICE:

9 High Street

Woburn Sands

Milton Keynes

Buckinghamshire

MK17 8RF

REGISTERED NUMBER:

03685904 (England and Wales)

ACCOUNTANTS:

Camfield Chapman Lowe

9a High Street

Woburn Sands

Milton Keynes

Buckinghamshire

MK17 8RF

FIXED ASSETS

Tangible assets

4

-

12,588

Investments

5

56,002

104,311

56,002

116,899

CURRENT ASSETS

Debtors

6

1,280,483

1,112,365

Cash at bank

2,171

6,558

1,282,654

1,118,923

CREDITORS

Amounts falling due within one year

7

786,561

671,000

NET CURRENT ASSETS

496,093

447,923

TOTAL ASSETS LESS CURRENT LIABILITIES

552,095

564,822

CREDITORS

Amounts falling due after more than one year

8

110,000

110,000

NET ASSETS

442,095

454,822

CAPITAL AND RESERVES

Called up share capital

60,000

60,000

Other reserves

37,256

37,256

Retained earnings

344,839

357,566

SHAREHOLDERS' FUNDS

442,095

454,822

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 1st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 1st December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st September 2026 and were signed on its behalf by:

D J Stewart - Director

1.	STATUTORY INFORMATION

Mountain Lodge Hotels Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 9% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Foreign currencies

Intercompany loans are carried at historic exchange rates and not revalued annually because the director has taken a long term view that they will ultimately recover their value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 2nd December 2024

102,990

Disposals

(102,990

)

At 1st December 2025

-

DEPRECIATION

At 2nd December 2024

90,402

Charge for year

12,587

Eliminated on disposal

(102,989

)

At 1st December 2025

-

NET BOOK VALUE

At 1st December 2025

-

At 1st December 2024

12,588

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 2nd December 2024

104,311

Impairments

(48,309

)

At 1st December 2025

56,002

NET BOOK VALUE

At 1st December 2025

56,002

At 1st December 2024

104,311

Holdings of more than 20%

The company holds more than 20%, directly or indirectly, of the share capital of the following companies:

Company

Country of registration or incorporation

Shares Class

Held %

Subsidiary undertakings

SCI 1900

France

Ordinary shares

99

SCI Aigle

France

Ordinary shares

99

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

1,224,783

1,063,808

Other debtors

55,700

48,557

1,280,483

1,112,365

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to associates

142,700

88,500

Other creditors

643,861

582,500

786,561

671,000

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

110,000

110,000

Within other creditors is a loan made to the company in the sum of £110,000 (2024: £110,000) on which interest is payable at 3% above base rate.

9.	RELATED PARTY DISCLOSURES

Included in creditors is the following amount owed to a related company in which Mrs Stewart is either a director or has a significant influence on the general running of the business.

The amount owed to related companies at the year end is as follows:

Ski Snowcoach Limited £99,500 (2024 £142,700).

The amount owed by related companies at the year end is as follows:

Alpes Adventures Limited £nil (2024 £10,318).

Included in debtors are amounts due from the wholly owned subsidiaries: SCI Aigle £800,453 (2024 £782,559) and SCI 1900 £424,330 (2024 £270,931).