Lyla Restaurants Ltd - Filleted accounts

Registered number

SC769715

Lyla Restaurants Ltd

Filleted Accounts

31 December 2025

Lyla Restaurants Ltd
Registered number:		SC769715
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		123,733			196,541

Current assets
Stocks		24,426			16,057
Debtors	4	47,441			12,497
Cash at bank and in hand		56,896			27,022
		128,763			55,576

Creditors: amounts falling due within one year	5	(479,157)			(439,491)

Net current liabilities			(350,394)			(383,915)

Net liabilities			(226,661)			(187,374)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(226,761)			(187,474)

Shareholder's funds			(226,661)			(187,374)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Stuart Ralston
Director
Approved by the board on 29 September 2026

Lyla Restaurants Ltd
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going Concern
	The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Equipment	25% Straight Line Method
	Fixture & Fittings	25% Straight Line Method

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			13		11

3	Tangible fixed assets
		Fixtures & Fittings		Equipment		Total
£			£		£
	Cost
	At 1 January 2025	221,751		69,479		291,230
	Additions	-		-		-
	At 31 December 2025	221,751		69,479		291,230

	Depreciation
	At 1 January 2025	70,096		24,593		94,689
	Charge for the year	55,438		17,370		72,808
	At 31 December 2025	125,534		41,963		167,497

	Net book value
	At 31 December 2025	96,217		27,516		123,733
	At 31 December 2024	151,655		44,886		196,541


4	Debtors			2025		2024
£					£

	Trade debtors			5,793		2,486
	Directors loan account			-		2,131
	Prepayment			3,183		7,880
	Due from related undertakings			38,465		-
				47,441		12,497


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			77,330		58,898
	Due to related undertakings			132,648		138,133
	Taxation and social security costs			110,312		46,578
	Other creditors			158,867		195,882
				479,157		439,491


6	Other information

	Lyla Restaurants Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:

	3 Royal Terrace
	Edinburgh
	Scotland
	EH7 5AB