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REGISTERED NUMBER: 00434025 (England and Wales)















Financial Statements for the Year Ended 31 December 2022

for

Seckford Hall Hotel Limited

Seckford Hall Hotel Limited (Registered number: 00434025)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Seckford Hall Hotel Limited

Company Information
for the Year Ended 31 December 2022







DIRECTORS: Mr M Chittenden
Miss T Madge





REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE





REGISTERED NUMBER: 00434025 (England and Wales)





AUDITORS: Cartwrights
Chartered Accountants and Business Advisors
Statutory Auditor
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Seckford Hall Hotel Limited (Registered number: 00434025)

Balance Sheet
31 December 2022

31/12/22 31/12/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,657,121 4,698,745

CURRENT ASSETS
Stocks 29,610 22,767
Debtors 5 2,602,329 1,878,624
Cash at bank and in hand 17,686 97,985
2,649,625 1,999,376
CREDITORS
Amounts falling due within one year 6 3,044,012 2,909,787
NET CURRENT LIABILITIES (394,387 ) (910,411 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,262,734

3,788,334

CREDITORS
Amounts falling due after more than one year 7 (924,311 ) (1,388,901 )

PROVISIONS FOR LIABILITIES (206,981 ) -
NET ASSETS 3,131,442 2,399,433

CAPITAL AND RESERVES
Called up share capital 12,000 12,000
Share premium 798,000 798,000
Revaluation reserve 8 1,716,640 1,716,640
Retained earnings 604,802 (127,207 )
3,131,442 2,399,433

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 29 September 2023 and were signed on its behalf by:





Mr M Chittenden - Director


Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Seckford Hall Hotel 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.

2. 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.

Wedding services
Turnover is recognised on the day of the wedding taken place when the company has earned the income and services have been provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and Machinery - 10% SL
Computer Equipment - 10% SL
Fixtures and Fittings - 10% SL
Motor Vehicle - 15% SL

No provision for depreciation of freehold buildings has been made on the grounds that the amount is not material.

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.


Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2021 - 44 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2022 3,548,774 35,949 2,336,957
Additions - 5,080 124,294
Disposals - - -
At 31 December 2022 3,548,774 41,029 2,461,251
DEPRECIATION
At 1 January 2022 - 3,508 1,317,748
Charge for year - 3,925 110,163
Eliminated on disposal - - -
At 31 December 2022 - 7,433 1,427,911
NET BOOK VALUE
At 31 December 2022 3,548,774 33,596 1,033,340
At 31 December 2021 3,548,774 32,441 1,019,209

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2022 99,664 61,476 6,082,820
Additions - 3,330 132,704
Disposals (99,664 ) - (99,664 )
At 31 December 2022 - 64,806 6,115,860
DEPRECIATION
At 1 January 2022 45,664 17,155 1,384,075
Charge for year 8,750 6,240 129,078
Eliminated on disposal (54,414 ) - (54,414 )
At 31 December 2022 - 23,395 1,458,739
NET BOOK VALUE
At 31 December 2022 - 41,411 4,657,121
At 31 December 2021 54,000 44,321 4,698,745

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/22 31/12/21
£    £   
Trade debtors 67,453 168,832
Amounts owed by group undertakings 1,363,130 588,617
Other debtors 1,171,746 1,121,175
2,602,329 1,878,624

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/22 31/12/21
£    £   
Bank loans and overdrafts 197,861 -
Hire purchase contracts - 44,037
Trade creditors 513,666 642,009
Amounts owed to group undertakings 1,815,349 1,997,353
Taxation and social security 147,147 110,835
Other creditors 369,989 115,553
3,044,012 2,909,787

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/22 31/12/21
£    £   
Bank loans 501,274 1,334,375
Other creditors 423,037 54,526
924,311 1,388,901

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 266,714 490,551

8. RESERVES
Revaluation
reserve
£   
At 1 January 2022
and 31 December 2022 1,716,640

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Eric McIntyre (Senior Statutory Auditor)
for and on behalf of Cartwrights

10. RELATED PARTY DISCLOSURES

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.

As at the balance sheet date the company was due the following amounts from companies controlled by the director, M Chittenden:

2022 2021

The Ordnance Depot Ltd 30,000 30,000
Eastgate Street Ltd 120,000 120,000
Stanwood Holdings Ltd 860,000 860,000
MRM 47 Ltd 76,452 76,452

At the balance sheet date, the amount of £5,000 (2021: £5,000) was owed to the directors of the company.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Heritage Rocks Ltd.