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REGISTERED NUMBER: 09364965






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: S Dad





Registered office: 156 West Wycombe Road
High Wycombe
Buckinghamshire
HP12 3AE





Registered number: 09364965





Accountants: S G Beale and Co
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
5,763,560 Investment property 4 5,763,560

CURRENT ASSETS
10 Cash at bank 10

CREDITORS
1,321,530 Amounts falling due within one year 5 1,313,653
(1,321,520 ) NET CURRENT LIABILITIES (1,313,643 )

4,442,040
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,449,917

CREDITORS

(3,231,051

)
Amounts falling due after more than one
year

6

(3,231,051

)

(197,425 ) PROVISIONS FOR LIABILITIES 7 (197,425 )
1,013,564 NET ASSETS 1,021,441

CAPITAL AND RESERVES
1 Called up share capital 1
928,578 Revaluation reserve 8 928,578
84,985 Retained earnings 92,862
1,013,564 SHAREHOLDERS' FUNDS 1,021,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2022 in accordance with Section 476 of the Companies Act 2006.

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


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 director and authorised for issue on 2nd October 2023 and were signed by:





S Dad - Director


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 private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

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 1 (2021 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
Fair value
At 1st January 2022
and 31st December 2022 5,763,560
Net book value
At 31st December 2022 5,763,560
At 31st December 2021 5,763,560

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 8,300 17,298
Accruals and deferred income 1,000 5,604
1,313,653 1,321,530

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 3,231,051 3,231,051

7. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax
Other timing differences 197,425 197,425

Deferred
tax
£   
Balance at 1st January 2022 197,425
Balance at 31st December 2022 197,425

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 928,578