2023-01-012023-05-312023-05-31false05011182Riverside Hotel Kendal Limited2023-05-3155100iso4217:GBPxbrli:pure050111822023-01-01050111822023-05-31050111822023-01-012023-05-31050111822022-01-01050111822022-12-31050111822022-01-012022-12-3105011182bus:SmallEntities2023-01-012023-05-3105011182bus:AuditExempt-NoAccountantsReport2023-01-012023-05-3105011182bus:FullAccounts2023-01-012023-05-3105011182bus:PrivateLimitedCompanyLtd2023-01-012023-05-3105011182core:WithinOneYear2023-05-3105011182core:AfterOneYear2023-05-3105011182core:WithinOneYear2022-12-3105011182core:AfterOneYear2022-12-3105011182core:ShareCapital2023-05-3105011182core:SharePremium2023-05-3105011182core:RevaluationReserve2023-05-3105011182core:OtherReservesSubtotal2023-05-3105011182core:RetainedEarningsAccumulatedLosses2023-05-3105011182core:ShareCapital2022-12-3105011182core:SharePremium2022-12-3105011182core:RevaluationReserve2022-12-3105011182core:OtherReservesSubtotal2022-12-3105011182core:RetainedEarningsAccumulatedLosses2022-12-3105011182core:LandBuildings2023-05-3105011182core:PlantMachinery2023-05-3105011182core:Vehicles2023-05-3105011182core:FurnitureFittings2023-05-3105011182core:OfficeEquipment2023-05-3105011182core:NetGoodwill2023-05-3105011182core:IntangibleAssetsOtherThanGoodwill2023-05-3105011182core:ListedExchangeTraded2023-05-3105011182core:UnlistedNon-exchangeTraded2023-05-3105011182core:LandBuildings2022-12-3105011182core:PlantMachinery2022-12-3105011182core:Vehicles2022-12-3105011182core:FurnitureFittings2022-12-3105011182core:OfficeEquipment2022-12-3105011182core:NetGoodwill2022-12-3105011182core:IntangibleAssetsOtherThanGoodwill2022-12-3105011182core:ListedExchangeTraded2022-12-3105011182core:UnlistedNon-exchangeTraded2022-12-3105011182core:LandBuildings2023-01-012023-05-3105011182core:PlantMachinery2023-01-012023-05-3105011182core:Vehicles2023-01-012023-05-3105011182core:FurnitureFittings2023-01-012023-05-3105011182core:OfficeEquipment2023-01-012023-05-3105011182core:NetGoodwill2023-01-012023-05-3105011182core:IntangibleAssetsOtherThanGoodwill2023-01-012023-05-3105011182core:ListedExchangeTraded2023-01-012023-05-3105011182core:UnlistedNon-exchangeTraded2023-01-012023-05-3105011182core:MoreThanFiveYears2023-01-012023-05-3105011182core:Non-currentFinancialInstruments2023-05-3105011182core:Non-currentFinancialInstruments2022-12-3105011182dpl:CostSales2023-01-012023-05-3105011182dpl:DistributionCosts2023-01-012023-05-3105011182dpl:AdministrativeExpenses2023-01-012023-05-3105011182core:LandBuildings2023-01-012023-05-3105011182core:PlantMachinery2023-01-012023-05-3105011182core:Vehicles2023-01-012023-05-3105011182core:FurnitureFittings2023-01-012023-05-3105011182core:OfficeEquipment2023-01-012023-05-3105011182core:NetGoodwill2023-01-012023-05-3105011182core:IntangibleAssetsOtherThanGoodwill2023-01-012023-05-3105011182dpl:GroupUndertakings2023-01-012023-05-3105011182dpl:ParticipatingInterests2023-01-012023-05-3105011182dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-05-3105011182core:ListedExchangeTraded2023-01-012023-05-3105011182dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-05-3105011182core:UnlistedNon-exchangeTraded2023-01-012023-05-3105011182dpl:CostSales2022-01-012022-12-3105011182dpl:DistributionCosts2022-01-012022-12-3105011182dpl:AdministrativeExpenses2022-01-012022-12-3105011182core:LandBuildings2022-01-012022-12-3105011182core:PlantMachinery2022-01-012022-12-3105011182core:Vehicles2022-01-012022-12-3105011182core:FurnitureFittings2022-01-012022-12-3105011182core:OfficeEquipment2022-01-012022-12-3105011182core:NetGoodwill2022-01-012022-12-3105011182core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3105011182dpl:GroupUndertakings2022-01-012022-12-3105011182dpl:ParticipatingInterests2022-01-012022-12-3105011182dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3105011182core:ListedExchangeTraded2022-01-012022-12-3105011182dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3105011182core:UnlistedNon-exchangeTraded2022-01-012022-12-3105011182core:NetGoodwill2023-05-3105011182core:IntangibleAssetsOtherThanGoodwill2023-05-3105011182core:LandBuildings2023-05-3105011182core:PlantMachinery2023-05-3105011182core:Vehicles2023-05-3105011182core:FurnitureFittings2023-05-3105011182core:OfficeEquipment2023-05-3105011182core:AfterOneYear2023-05-3105011182core:WithinOneYear2023-05-3105011182core:ListedExchangeTraded2023-05-3105011182core:UnlistedNon-exchangeTraded2023-05-3105011182core:ShareCapital2023-05-3105011182core:SharePremium2023-05-3105011182core:RevaluationReserve2023-05-3105011182core:OtherReservesSubtotal2023-05-3105011182core:RetainedEarningsAccumulatedLosses2023-05-3105011182core:NetGoodwill2022-12-3105011182core:IntangibleAssetsOtherThanGoodwill2022-12-3105011182core:LandBuildings2022-12-3105011182core:PlantMachinery2022-12-3105011182core:Vehicles2022-12-3105011182core:FurnitureFittings2022-12-3105011182core:OfficeEquipment2022-12-3105011182core:AfterOneYear2022-12-3105011182core:WithinOneYear2022-12-3105011182core:Liste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Riverside Hotel Kendal Limited

Registered Number
05011182
(England and Wales)

Unaudited Financial Statements for the Period ended
31 May 2023

Riverside Hotel Kendal Limited
Company Information
for the period from 1 January 2023 to 31 May 2023

Directors

DENBY, Peter Jonathan
NICOLSON, Margaret Anne

Registered Address

6 Station Road
Hest Bank
Lancaster
LA2 6HP

Registered Number

05011182 (England and Wales)
Riverside Hotel Kendal Limited
Statement of Financial Position
31 May 2023

Notes

31 May 2023

31 Dec 2022

£

£

£

£

Fixed assets
Intangible assets5-9,000
Tangible assets64,102,5281,326,054
4,102,5281,335,054
Current assets
Stocks813,68815,027
Debtors992,1132,359,590
Cash at bank and on hand127,4416,828
233,2422,381,445
Creditors amounts falling due within one year10(2,681,235)(587,466)
Net current assets (liabilities)(2,447,993)1,793,979
Total assets less current liabilities1,654,5353,129,033
Creditors amounts falling due after one year11-(1,849,350)
Provisions for liabilities12(722,933)(26,308)
Net assets931,6021,253,375
Capital and reserves
Called up share capital100100
Profit and loss account931,5021,253,275
Shareholders' funds931,6021,253,375
The financial statements were approved and authorised for issue by the Board of Directors on 31 May 2023, and are signed on its behalf by:
DENBY, Peter Jonathan
Director
Registered Company No. 05011182
Riverside Hotel Kendal Limited
Notes to the Financial Statements
for the period ended 31 May 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Basis of measurement used in 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.
3.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. 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 disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings15
Vehicles25
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of financial position, inventories are assessed for impairment. If inventory is impaired, the carrying amount is reduced to its selling price less costs to completed the sale. The impairment loss is recognised immediately in the Statement of Earnings.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.
Valuation of financial instruments policy
The Company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
4.Employee information

20232022
Average number of employees during the year4040
5.Intangible assets

Other

Total

££
Cost or valuation
At 01 January 2310,00010,000
Disposals(10,000)(10,000)
Amortisation and impairment
At 01 January 231,0001,000
Charge for year667667
On disposals(1,667)(1,667)
Net book value
At 31 May 23--
At 31 December 229,0009,000
6.Property, plant and equipment

Land & buildings

Vehicles

Fixtures & fittings

Total

££££
Cost or valuation
At 01 January 231,774,92816,1301,038,2952,829,353
Revaluations2,225,062--2,225,062
Disposals-(16,130)-(16,130)
At 31 May 233,999,990-1,038,2955,038,285
Depreciation and impairment
At 01 January 23561,43812,301929,5601,503,299
Charge for year-3196,1976,516
Revaluation surplus(561,438)--(561,438)
On disposals-(12,620)-(12,620)
At 31 May 23--935,757935,757
Net book value
At 31 May 233,999,990-102,5384,102,528
At 31 December 221,213,4903,829108,7351,326,054
7.Revaluation of property, plant and equipment
A revaluation of the land & building was done in 2019 by Christie & Co, the valuation was £4 million. The directors confirm that the carrying value does not differ to the fair value at the reporting date.
8.Stocks

2023

2022

££
Raw materials and consumables13,68815,027
Total13,68815,027
9.Debtors

2023

2022

££
Amounts owed by group undertakings-2,275,659
Other debtors74,11364,107
Prepayments and accrued income18,00019,824
Total92,1132,359,590
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
10.Creditors within one year

2023

2022

££
Trade creditors / trade payables56,39352,383
Bank borrowings and overdrafts-111,973
Amounts owed to related parties2,331,638285,113
Taxation and social security158,84484,685
Finance lease and HP contracts-3,476
Other creditors34,00011,994
Accrued liabilities and deferred income100,36037,842
Total2,681,235587,466
11.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts-1,849,350
Total-1,849,350
12.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)722,93326,308
Total722,93326,308