REGISTERED NUMBER: SC235994 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

LODGEEXTRA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mr J G Buchan

Mrs S Buchan

SECRETARY:

Mr J G Buchan

REGISTERED OFFICE:

28 Broad Street

Peterhead

Aberdeenshire

AB42 1BY

REGISTERED NUMBER:

SC235994 (Scotland)

ACCOUNTANTS:

Bain Henry Reid

Chartered Accountants

28 Broad Street

Peterhead

Aberdeenshire

AB42 1BY

BANKERS:

Bank of Scotland

The Direct Business Bank

600 Gorgie Road

Edinburgh

EH11 3PX

FIXED ASSETS

Tangible assets

3

8,631

12,745

Investment property

4

1,408,981

1,408,981

1,417,612

1,421,726

CURRENT ASSETS

Debtors

5

6,974

8,186

Investments

6

2,480,675

1,709,436

Cash at bank

378,253

293,540

2,865,902

2,011,162

CREDITORS

Amounts falling due within one year

7

548,598

518,115

NET CURRENT ASSETS

2,317,304

1,493,047

TOTAL ASSETS LESS CURRENT LIABILITIES

3,734,916

2,914,773

PROVISIONS FOR LIABILITIES

29,581

3,186

NET ASSETS

3,705,335

2,911,587

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,705,333

2,911,585

3,705,335

2,911,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by:

Mr J G Buchan - Director

1.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

20% straight line

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Current asset investments

Investments held as current assets are stated at fair value with changes recognised in the profit and loss.

Dividends are brought to account in the profit and loss account when received.

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.

Pension costs and other post-retirement benefits

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.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

74,818

DEPRECIATION

At 1 January 2025

62,073

Charge for year

4,114

At 31 December 2025

66,187

NET BOOK VALUE

At 31 December 2025

8,631

At 31 December 2024

12,745

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

1,408,981

NET BOOK VALUE

At 31 December 2025

1,408,981

At 31 December 2024

1,408,981

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

6,600

6,600

VAT

374

377

Prepayments

-

1,209

6,974

8,186

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Investment

2,480,675

1,709,436

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

224

-

Taxation

218,940

206,518

Social security and other taxes

815

815

Other creditors

323,600

306,600

Directors' loan accounts

3,199

2,367

Accruals and deferred income

1,820

1,815

548,598

518,115

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits from directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr J G Buchan and Mrs S Buchan

Balance outstanding at start of year

2,367

2,667

Amounts advanced

832

-

Amounts repaid

-

(300

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,199

2,367

This loan is interest free and there are no fixed terms of repayment.

9.	ULTIMATE CONTROLLING PARTY

Mr and Mrs J G Buchan, Directors, control the company by virtue of a 100% holding in the issued ordinary shares.