REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st December 2022 |
for |
BUCKINGHAM HOTEL LTD |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st December 2022 |
for |
BUCKINGHAM HOTEL LTD |
BUCKINGHAM HOTEL LTD (REGISTERED NUMBER: 09364965) |
Contents of the Financial Statements |
for the Year Ended 31st December 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
BUCKINGHAM HOTEL LTD |
Company Information |
for the Year Ended 31st December 2022 |
Director: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
1 Kille House |
Chinnor Road |
Thame |
Oxfordshire |
OX9 3NU |
BUCKINGHAM HOTEL LTD (REGISTERED NUMBER: 09364965) |
Balance Sheet |
31st December 2022 |
2021 | 2022 |
£ | £ | Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
( |
) | NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
( |
) |
Amounts falling due after more than one year |
6 |
( |
) |
( |
) | PROVISIONS FOR LIABILITIES | 7 | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
BUCKINGHAM HOTEL LTD (REGISTERED NUMBER: 09364965) |
Balance Sheet - continued |
31st December 2022 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
BUCKINGHAM HOTEL LTD (REGISTERED NUMBER: 09364965) |
Notes to the Financial Statements |
for the Year Ended 31st December 2022 |
1. | STATUTORY INFORMATION |
Buckingham Hotel Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the rents receivable from the letting of the investment properties. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INVESTMENT PROPERTY |
Total |
£ |
Fair value |
At 1st January 2022 |
and 31st December 2022 |
Net book value |
At 31st December 2022 |
At 31st December 2021 |
Fair value at 31st December 2022 is represented by: |
£ |
Valuation in 2022 | 5,763,560 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Amounts owed to associates | 1,304,353 | 1,298,628 |
Corporation tax |
Accruals and deferred income |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2022 | 2021 |
£ | £ |
Other loans more 5yrs non-inst | 3,231,051 | 3,231,051 |
BUCKINGHAM HOTEL LTD (REGISTERED NUMBER: 09364965) |
Notes to the Financial Statements - continued |
for the Year Ended 31st December 2022 |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
2022 | 2021 |
£ | £ |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Other loans more 5yrs non-inst |
7. | PROVISIONS FOR LIABILITIES |
2022 | 2021 |
£ | £ |
Deferred tax |
Other timing differences | 197,425 | 197,425 |
Deferred |
tax |
£ |
Balance at 1st January 2022 |
Balance at 31st December 2022 |
The deferred taxation provision relates to the tax which would be payable if the property |
portfolio was sold at it's revalued figure. |
8. | RESERVES |
Revaluation |
reserve |
£ |
At 1st January 2022 |
and 31st December 2022 |