ACCOUNTS - Final Accounts

Creditors: Amounts falling due within one year

Company Registration Number: SC304220

LYNNET LEISURE (ROGANO) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 21 DECEMBER 2025

LYNNET LEISURE (ROGANO) LIMITED

REGISTERED NUMBER: SC304220

STATEMENT OF FINANCIAL POSITION

AS AT 21 DECEMBER 2025

	21 December	31 December
	2025	2024
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	1,596,439		1,726,239
Cash at bank and in hand		4,850		13,065
		1,601,289		1,739,304
Creditors: amounts falling due within one year	5	(1,423,456)		(1,421,274)
Net current assets			177,833		318,030
Total assets less current liabilities			177,833		318,030

Net assets			177,833		318,030

Capital and reserves
Called up share capital	6	1	1
Profit and loss account		177,832	318,029
		177,833	318,030

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Gary MacCulloch

Director

Date: 28 August 2026

The notes on pages 2 to 4 form part of these financial statements.

Page 1

LYNNET LEISURE (ROGANO) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 21 DECEMBER 2025

1.	General information

Lynnet Leisure (Rogano) Limited is a private company, limited by shares, registered in Scotland. The company's registration number is SC304220 and the registered office address is 19 Royal Exchange Square, Glasgow, G1 3AJ.

The principal activity of the Company during the period covered by the financial statements was that of a restaurant operator.

These financial statements have been presented in pounds sterling, rounded to the nearest pound, as this is the currency of the primary economic environment in which the company operates.

The accounting period was shortened to 21 December 2025 and, as a result, the current period's results may not be directly comparable with those of the previous period.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

In preparing these financial statements, the Directors of the Company have given careful consideration to the Group and Company's current and anticipated financial position, its cash flows, liquidity and forecasted performance alongside potential risks and mitigating factors for its ability to continue as a going concern for at least twelve months from the date of issue of these financial statements. Based on this review, the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and thus consider it appropriate to prepare the financial statements on a going concern basis.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Page 2

LYNNET LEISURE (ROGANO) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 21 DECEMBER 2025

2.Accounting policies (continued)

2.3

Taxation (continued)

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 3 (2024 - 3).

Debtors

					21 December	31 December
					2025	2024
					£	£


Amounts owed by group undertakings	1,591,352	1,721,114
Other debtors	805	1,044
Prepayments and accrued income	4,282	4,081
	1,596,439	1,726,239

Page 3

LYNNET LEISURE (ROGANO) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 21 DECEMBER 2025

Trade creditors	434	424
Amounts owed to group undertakings	1,196,206	1,294,148
Other creditors	184,564	80,022
Accruals and deferred income	42,252	46,680
	1,423,456	1,421,274

Allotted, called up and fully paid

1 (2024 - 1) Ordinary share of £1.00	1	1

7.	Related party transactions
	The Company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8.	Controlling party

The Company's parent undertaking at the balance sheet date was Forthwell Limited, a company incorporated in Scotland. Their registered address is 19 Royal Exchange Square, Glasgow, Scotland, G1 3AJ.

The Company's ultimate parent undertaking at the balance sheet date was MML (RES) Limited, a company registered in Scotland. Their registered address is 19 Royal Exchange Square, Glasgow, Scotland, G1 3AJ.

The Company's results are included within the consolidated accounts of MML (RES) Limited and these can be obtained from Companies House or the registered address noted above.

Following the period end, on 22 December 2025, ownership of MML (RES) Ltd changed resulting in a new ultimate parent undertaking, Tipple and Title (Holdings) Limited of which there is no ultimate controlling party. Their registered address is 19 Royal Exchange Square, Glasgow, Scotland, G1 3AJ.

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