Acorah Software Products - Accounts Production 19.1.200 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 SC281584 S B Smith Castlebank Hotels & Restaurants Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC281584 2024-12-31 SC281584 2025-12-31 SC281584 2025-01-01 2025-12-31 SC281584 frs-core:CurrentFinancialInstruments 2025-12-31 SC281584 frs-core:Non-currentFinancialInstruments 2025-12-31 SC281584 frs-core:ComputerEquipment 2025-12-31 SC281584 frs-core:ComputerEquipment 2025-01-01 2025-12-31 SC281584 frs-core:ComputerEquipment 2024-12-31 SC281584 frs-core:FurnitureFittings 2025-12-31 SC281584 frs-core:FurnitureFittings 2025-01-01 2025-12-31 SC281584 frs-core:FurnitureFittings 2024-12-31 SC281584 frs-core:PlantMachinery 2025-12-31 SC281584 frs-core:PlantMachinery 2025-01-01 2025-12-31 SC281584 frs-core:PlantMachinery 2024-12-31 SC281584 frs-core:ShareCapital 2025-12-31 SC281584 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 SC281584 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC281584 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 SC281584 frs-bus:SmallEntities 2025-01-01 2025-12-31 SC281584 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC281584 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC281584 frs-bus:OrdinaryShareClass1 2025-01-01 2025-12-31 SC281584 frs-bus:OrdinaryShareClass1 2025-12-31 SC281584 1 2025-01-01 2025-12-31 SC281584 frs-bus:Director1 2025-01-01 2025-12-31 SC281584 frs-countries:Scotland 2025-01-01 2025-12-31 SC281584 2023-12-31 SC281584 2024-12-31 SC281584 2024-01-01 2024-12-31 SC281584 frs-core:CurrentFinancialInstruments 2024-12-31 SC281584 frs-core:Non-currentFinancialInstruments 2024-12-31 SC281584 frs-core:ShareCapital 2024-12-31 SC281584 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC281584 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31
Registered number: SC281584
Single Malts Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director S B Smith
Company Number SC281584
Registered Office 28 Albyn Place
Aberdeen
AB10 1YL
Page 1
Page 2
Balance Sheet
Registered number: SC281584
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,524 14,590
17,524 14,590
CURRENT ASSETS
Stocks 5 106,872 139,698
Debtors 6 71,607 235,453
Cash at bank and in hand 20,860 44,023
199,339 419,174
Creditors: Amounts Falling Due Within One Year 7 (1,385,243 ) (1,286,904 )
NET CURRENT ASSETS (LIABILITIES) (1,185,904 ) (867,730 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,168,380 ) (853,140 )
Creditors: Amounts Falling Due After More Than One Year 8 - (6,400 )
NET LIABILITIES (1,168,380 ) (859,540 )
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (1,169,380 ) (860,540 )
SHAREHOLDERS' FUNDS (1,168,380) (859,540)
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For the year ending 31 December 2025 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 20 August 2026 and were signed on its behalf by:
S B Smith
Director
20th August 2026
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Single Malts Limited is a private company, limited by shares, incorporated in Scotland, registered number SC281584 . The registered office is 28 Albyn Place, Aberdeen, AB10 1YL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Plant & Machinery 20% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 33% on cost
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
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.
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
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3. Average Number of Employees
Average number of employees, including directors, during the period was 7 (2024: 6)
7 6
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 54,754 11,875 4,377 71,006
Additions - 4,580 274 4,854
As at 31 December 2025 54,754 16,455 4,651 75,860
Depreciation
As at 1 January 2025 54,754 820 842 56,416
Provided during the period - 1,825 95 1,920
As at 31 December 2025 54,754 2,645 937 58,336
Net Book Value
As at 31 December 2025 - 13,810 3,714 17,524
As at 1 January 2025 - 11,055 3,535 14,590
5. Stocks
2025 2024
£ £
Stock 106,872 139,698
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 8,807 151,152
Amounts owed by group undertakings 32,452 962
Amounts owed by participating interests 3,310 -
Other debtors 27,038 83,339
71,607 235,453
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 110,771 80,947
Bank loans and overdrafts 6,400 9,600
Amounts owed to participating interests 1,213,964 1,148,886
Other creditors 50,051 42,146
Taxation and social security 4,057 5,325
1,385,243 1,286,904
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 6,400
9. Share Capital
2025 2024
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1.00 each 1,000 1,000
10. Ultimate Controlling Party
The controlling party are Castlebank Hotels & Restaurants Limited who own 100% of the share capital.
The ultimate controlling party is S Smith, director.
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