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REGISTERED NUMBER: 00762302 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2018

FOR

BEAVER HOTELS LIMITED

BEAVER HOTELS LIMITED (REGISTERED NUMBER: 00762302)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BEAVER HOTELS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2018







DIRECTORS: Mr J J Lis
Mr O Lis
Mrs B M Lis
Mr A J A Lis
Mr A Lis
Mr P M Lis





REGISTERED OFFICE: 57/59 Philbeach Gardens
London
SW5 9ED





REGISTERED NUMBER: 00762302 (England and Wales)





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY

BEAVER HOTELS LIMITED (REGISTERED NUMBER: 00762302)

BALANCE SHEET
31 MAY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,507 74,281

CURRENT ASSETS
Stocks 5 575 425
Debtors 6 6,592 12,984
Cash at bank 16,584 49,976
23,751 63,385
CREDITORS
Amounts falling due within one year 7 182,274 184,868
NET CURRENT LIABILITIES (158,523 ) (121,483 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(96,016

)

(47,202

)

CREDITORS
Amounts falling due after more than one
year

8

294,063

352,689
NET LIABILITIES (390,079 ) (399,891 )

CAPITAL AND RESERVES
Called up share capital 1,100 1,100
Retained earnings (391,179 ) (400,991 )
SHAREHOLDERS' FUNDS (390,079 ) (399,891 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 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.

BEAVER HOTELS LIMITED (REGISTERED NUMBER: 00762302)

BALANCE SHEET - continued
31 MAY 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 12 November 2018 and were signed on its behalf
by:





Mr J J Lis - Director


BEAVER HOTELS LIMITED (REGISTERED NUMBER: 00762302)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2018

1. STATUTORY INFORMATION

Beaver 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Turnover
Turnover is derived from the provision of Hotel services and 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.
Freehold property - 5% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 33.33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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.

BEAVER HOTELS LIMITED (REGISTERED NUMBER: 00762302)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2017 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 June 2017 182,539 118,025 188,691
Additions - - 1,728
At 31 May 2018 182,539 118,025 190,419
DEPRECIATION
At 1 June 2017 147,952 103,159 166,193
Charge for year 9,127 1,487 2,422
At 31 May 2018 157,079 104,646 168,615
NET BOOK VALUE
At 31 May 2018 25,460 13,379 21,804
At 31 May 2017 34,587 14,866 22,498

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2017 39,007 5,662 533,924
Additions - - 1,728
At 31 May 2018 39,007 5,662 535,652
DEPRECIATION
At 1 June 2017 36,677 5,662 459,643
Charge for year 466 - 13,502
At 31 May 2018 37,143 5,662 473,145
NET BOOK VALUE
At 31 May 2018 1,864 - 62,507
At 31 May 2017 2,330 - 74,281

5. STOCKS
2018 2017
£    £   
Stocks 575 425

BEAVER HOTELS LIMITED (REGISTERED NUMBER: 00762302)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2018

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 2,267 9,380
Prepayments 4,325 3,604
6,592 12,984

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 61,683 61,683
Loan from shareholder 20,000 20,000
Trade creditors 5,613 -
Social security and other taxes 1,792 1,881
VAT 24,008 36,638
Director's current account 63,147 50,686
Accrued expenses 6,031 13,980
182,274 184,868

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Bank loans - 2-5 years 246,731 246,731
Bank Loans due after more than
5 years 47,332 105,958
294,063 352,689

Amounts falling due in more than five years:

Repayable by instalments
Bank Loans due after more than
5 years 47,332 105,958
47,332 105,958

The bank loan is secured by a legal charge over company's freehold land and building.

9. GOING CONCERN

Current liabilities exceed current assets at the balance sheet date. The directors consider, however, that the
company has sufficient liquid assets to meet its liabilities as and when they fall due, and that the company has
sufficient support from its creditors. The directors have pledged to continue their support to the company and are
confident that continous support will be available from other creditors of the company. Accordingly the directors
consider that it is appropriate to prepare the accounts on a going concern basis.