Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-31 2023-03-31 2022-04-01 false Hotels and similar accommodation 40 37 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13422176 2022-04-01 2023-03-31 13422176 2021-05-26 2022-03-31 13422176 2023-03-31 13422176 2022-03-31 13422176 c:Director3 2022-04-01 2023-03-31 13422176 d:PlantMachinery 2022-04-01 2023-03-31 13422176 d:PlantMachinery 2023-03-31 13422176 d:PlantMachinery 2022-03-31 13422176 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13422176 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 13422176 d:MotorVehicles 2022-04-01 2023-03-31 13422176 d:MotorVehicles 2023-03-31 13422176 d:MotorVehicles 2022-03-31 13422176 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13422176 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 13422176 d:FurnitureFittings 2022-04-01 2023-03-31 13422176 d:FurnitureFittings 2023-03-31 13422176 d:FurnitureFittings 2022-03-31 13422176 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13422176 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 13422176 d:OfficeEquipment 2022-04-01 2023-03-31 13422176 d:OfficeEquipment 2023-03-31 13422176 d:OfficeEquipment 2022-03-31 13422176 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13422176 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 13422176 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13422176 d:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 13422176 d:Goodwill 2023-03-31 13422176 d:Goodwill 2022-03-31 13422176 d:CurrentFinancialInstruments 2023-03-31 13422176 d:CurrentFinancialInstruments 2022-03-31 13422176 d:Non-currentFinancialInstruments 2023-03-31 13422176 d:Non-currentFinancialInstruments 2022-03-31 13422176 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13422176 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 13422176 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13422176 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 13422176 d:ShareCapital 2023-03-31 13422176 d:ShareCapital 2022-03-31 13422176 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 13422176 d:RetainedEarningsAccumulatedLosses 2023-03-31 13422176 d:RetainedEarningsAccumulatedLosses 2022-03-31 13422176 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 13422176 d:AcceleratedTaxDepreciationDeferredTax 2022-03-31 13422176 d:RetirementBenefitObligationsDeferredTax 2023-03-31 13422176 d:RetirementBenefitObligationsDeferredTax 2022-03-31 13422176 c:OrdinaryShareClass1 2022-04-01 2023-03-31 13422176 c:OrdinaryShareClass1 2023-03-31 13422176 c:OrdinaryShareClass1 2022-03-31 13422176 c:FRS102 2022-04-01 2023-03-31 13422176 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 13422176 c:FullAccounts 2022-04-01 2023-03-31 13422176 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13422176 d:WithinOneYear 2023-03-31 13422176 d:WithinOneYear 2022-03-31 13422176 d:BetweenOneFiveYears 2023-03-31 13422176 d:BetweenOneFiveYears 2022-03-31 13422176 d:HirePurchaseContracts d:WithinOneYear 2023-03-31 13422176 d:HirePurchaseContracts d:WithinOneYear 2022-03-31 13422176 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-03-31 13422176 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-03-31 13422176 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-03-31 13422176 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-03-31 13422176 d:Goodwill d:OwnedIntangibleAssets 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13422176 G H BLACKPOOL LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2023
G H BLACKPOOL LIMITED REGISTERED NUMBER: 13422176 BALANCE SHEET AS AT 31 MARCH 2023
|  | 2023 |  | 2022
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 98,750 |  | 128,750
Tangible assets | 5 |  | 74,458 |  | 33,601
|  |  | 173,208 |  | 162,351
Current assets |  |  |  |  |
Stocks |  | 13,860 |  | - |
Debtors: amounts falling due within one year | 6 | 158,829 |  | 69,679 |
Cash at bank and in hand |  | 34,112 |  | 34,826 |
|  | 206,801 |  | 104,505 |
Creditors: amounts falling due within one year | 7 | (378,988) |  | (231,001) |
Net current liabilities |  |  | (172,187) |  | (126,496)
Total assets less current liabilities |  |  | 1,021 |  | 35,855
Creditors: amounts falling due after more than one year |  |  | (21,459) |  | -
Provisions for liabilities |  |  |  |  |
Deferred tax |  |  | - |  | (6,293)
Net (liabilities)/assets |  |  | (20,438) |  | 29,562
Page 1
G H BLACKPOOL LIMITED REGISTERED NUMBER: 13422176 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2023
|  | 2023 |  | 2022
Note |  | £ |  | £
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | (20,538) |  | 29,462
|  |  | (20,438) |  | 29,562
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
U S Pilani
Director
Date: 28 September 2023
The notes on pages 3 to 11 form part of these financial statements. Page 2
G H BLACKPOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
1. | General information
G H Blackpool Ltd is a private company, limited by shares, and is incorporated in England and Wales. The address of its registered office is 3rd Floor, 24 Old Bond Street, London, W1S 4AP. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The following principal accounting policies have been applied:
| 2.2 | Going concern
The financial statements have been prepared on a going concern basis, on the directors' understanding that their parent undertaking will provide financial support to the company. The company's activities were impacted by COVID-19, resulting in a loss of revenue. The directors consider the facilities being made available to the company by the parent undertaking are sufficient to enable the company to remain a going concern. In view of the above arrangements the directors are satisfied, for the foreseeable future, being a period of at least twelve months from the date on which these financial statements are approved, that the company has sufficient resources to enable it to continue in operation as a going concern and meet its liabilities as they fall due for payment. They therefore consider it appropriate to prepare these financial statements on the going concern basis.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 3
G H BLACKPOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 2.Accounting policies (continued)
| 2.4 | Leased assets: the Company as lessee
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
| 2.5 | Government grants
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.
| 2.6 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.7 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds. Page 4
G H BLACKPOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 2.Accounting policies (continued)
| 2.8 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.9 | Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life.
| 2.10 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Page 5
G H BLACKPOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 2.Accounting policies (continued)
| 2.10 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 33% | straight line
|  |  |  | Motor vehicles | - | 33% | straight line
|  |  |  | Fixtures and fittings | - | 33% | straight line
|  |  |  | Office equipment | - | 33% | straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.11 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.12 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.13 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.14 | Provisions for liabilities
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Balance Sheet. Page 6
G H BLACKPOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
3. | Employees
| The average monthly number of employees, including directors, during the year was 40 (2022 - 37).
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 April 2022 | 150,000
| At 31 March 2023 | 150,000
| Amortisation |
| At 1 April 2022 | 21,250
| Charge for the year on owned assets | 30,000
| At 31 March 2023 | 51,250
| Net book value |
| At 31 March 2023 | 98,750
| At 31 March 2022 | 128,750
Page 7
G H BLACKPOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
5. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £ | £
| Cost |  |  |  |  |
| At 1 April 2022 | - | - | 33,465 | 4,161 | 37,626
| Additions | 7,085 | 34,000 | 28,984 | 1,156 | 71,225
| At 31 March 2023 | 7,085 | 34,000 | 62,449 | 5,317 | 108,851
| Depreciation |  |  |  |  |
| At 1 April 2022 | - | - | 3,587 | 438 | 4,025
| Charge for the year on owned assets | 1,695 | - | 16,655 | 685 | 19,035
| Charge for the year on financed assets | - | 11,333 | - | - | 11,333
| At 31 March 2023 | 1,695 | 11,333 | 20,242 | 1,123 | 34,393
| Net book value |  |  |  |  |
| At 31 March 2023 | 5,390 | 22,667 | 42,207 | 4,194 | 74,458
| At 31 March 2022 | - | - | 29,878 | 3,723 | 33,601
| The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Motor vehicles | 31,167 | -
Page 8
G H BLACKPOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
6. | Debtors
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Trade debtors | 18,299 | 16,608
| Amounts owed by group undertakings | 123,312 | 46,056
| Other debtors | 906 | 29
| Prepayments | 16,312 | 6,986
|  | 158,829 | 69,679
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Trade creditors | 65,494 | 41,074
| Amounts owed to group undertakings | - | 57,890
| Other taxation and social security | 209,708 | 47,267
| Obligations under finance lease and hire purchase contracts | 6,127 | -
| Other creditors | 87,554 | 65,558
| Accruals | 10,105 | 19,212
|  | 378,988 | 231,001
| The following liabilities were secured:
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Hire purchase | 27,188 | -
| Details of security provided:
Included within creditors is a secured debt amounting to £27,188 (2022 - £NIL) which is secured by a charge on the asset to which it relates.
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Net obligations under finance leases and hire purchase contracts | 21,459 | -
Page 9
G H BLACKPOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
9. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Within one year | 7,250 | -
| Between 1-5 years | 19,938 | -
|  | 27,188 | -
10. | Deferred taxation
|  | 2023
|  | £
| At beginning of year | (6,293)
| Charged to profit or loss | 6,293
| At end of year | -
| The deferred taxation balance is made up as follows:
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Accelerated capital allowances | - | (6,384)
| Other timing differences | - | 91
|  | - | (6,293)
11. | Share capital
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2022 - 100) Ordinary shares of £1.00 each | 100 | 100
12. | Reserves
Profit and loss account The profit and loss account represents cumulative profits and losses. Page 10
G H BLACKPOOL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
13. | Contingent liabilities
The company has provided security on behalf of a fellow group company, Tesu Blackpool Limited, in relation to a loan it has taken out. The security provided is up to £840,000 and is secured by a debenture provided by the company.
14. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £5,518 (2022 - £477). Contributions totalling £1,436 (2022 - £870) were owed to the fund at the balance sheet date and are included in creditors.
15. | Commitments under operating leases
| At 31 March 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Not later than 1 year | 240,000 | 240,000
| Later than 1 year and not later than 5 years | 540,000 | 780,000
|  | 780,000 | 1,020,000
16. | Parent undertaking
The immediate and ultimate parent undertaking is Swindon Hotel Ltd, a company incorporated in the British Virgin Islands. Its Registered Office is 2nd Floor, O'Neal Marketing Associates Building Wickham's Cay II, P.O. Box 3174, Road Town, Tortola VG1110, British Virgin Islands.
Page 11