31 January 2022 false No description of principal activity Taxfiler 2023.9.1 12410650business:PrivateLimitedCompanyLtd2022-01-312023-01-30 124106502022-01-30 124106502022-01-312023-01-30 12410650business:AuditExempt-NoAccountantsReport2022-01-312023-01-30 12410650business:FilletedAccounts2022-01-312023-01-30 124106502023-01-30 12410650business:Director12022-01-312023-01-30 12410650business:RegisteredOffice2022-01-312023-01-30 124106502022-01-30 12410650core:WithinOneYear2023-01-30 12410650core:WithinOneYear2022-01-30 12410650core:AfterOneYear2023-01-30 12410650core:AfterOneYear2022-01-30 12410650core:ShareCapitalcore:PreviouslyStatedAmount2023-01-30 12410650core:ShareCapitalcore:PreviouslyStatedAmount2022-01-30 12410650core:RevaluationReservecore:PreviouslyStatedAmount2023-01-30 12410650core:RevaluationReservecore:PreviouslyStatedAmount2022-01-30 12410650core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-30 12410650core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-30 12410650core:PreviouslyStatedAmount2023-01-30 12410650core:PreviouslyStatedAmount2022-01-30 12410650business:SmallEntities2022-01-312023-01-30 12410650countries:EnglandWales2022-01-312023-01-30 12410650core:LandBuildings2022-01-312023-01-30 12410650core:MotorVehicles2022-01-312023-01-30 12410650core:FurnitureFittings2022-01-312023-01-30 12410650core:LandBuildings2022-01-30 12410650core:MotorVehicles2022-01-30 12410650core:FurnitureFittings2022-01-30 12410650core:LandBuildings2023-01-30 12410650core:MotorVehicles2023-01-30 12410650core:FurnitureFittings2023-01-30 124106502021-01-312022-01-30 iso4217:GBP xbrli:pure
Company Registration No. 12410650 (England and Wales)
HOWARD HOUSE HOTELS LTD Unaudited accounts for the year ended 30 January 2023
HOWARD HOUSE HOTELS LTD Unaudited accounts Contents
Page
- 2 -
HOWARD HOUSE HOTELS LTD Company Information for the year ended 30 January 2023
Director
H Spooner
Company Number
12410650 (England and Wales)
Registered Office
LEXBURY CLATFORD MARLBOROUGH SN8 4EB ENGLAND
- 3 -
HOWARD HOUSE HOTELS LTD Statement of financial position as at 30 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,838,063 
790,260 
Investment property
6,800,000 
1,035,897 
8,638,063 
1,826,157 
Current assets
Debtors
62,850 
105,497 
Cash at bank and in hand
12,734 
(169)
75,584 
105,328 
Creditors: amounts falling due within one year
(2,764,889)
(1,994,841)
Net current liabilities
(2,689,305)
(1,889,513)
Total assets less current liabilities
5,948,758 
(63,356)
Creditors: amounts falling due after more than one year
(2,592,563)
- 
Net assets/(liabilities)
3,356,195 
(63,356)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
2,864,103 
- 
Profit and loss account
492,091 
(63,357)
Shareholders' funds
3,356,195 
(63,356)
For the year ending 30 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 October 2023 and were signed on its behalf by
H Spooner Director Company Registration No. 12410650
- 4 -
HOWARD HOUSE HOTELS LTD Notes to the Accounts for the year ended 30 January 2023
1
Statutory information
HOWARD HOUSE HOTELS LTD is a private company, limited by shares, registered in England and Wales, registration number 12410650. The registered office is LEXBURY, CLATFORD, MARLBOROUGH, SN8 4EB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 January 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 31 January 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover for services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over fifteen years
Motor vehicles
Over ten years
Fixtures & fittings
Over ten years
Investment property
Investment property is included at market fair value.
- 5 -
HOWARD HOUSE HOTELS LTD Notes to the Accounts for the year ended 30 January 2023
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 31 January 2022
384,922 
198,199 
220,919 
804,040 
Additions
54,013 
200,801 
982,494 
1,237,308 
At 30 January 2023
438,935 
399,000 
1,203,413 
2,041,348 
Depreciation
At 31 January 2022
- 
13,780 
- 
13,780 
Charge for the year
29,264 
39,900 
120,341 
189,505 
At 30 January 2023
29,264 
53,680 
120,341 
203,285 
Net book value
At 30 January 2023
409,671 
345,320 
1,083,072 
1,838,063 
At 30 January 2022
384,922 
184,419 
220,919 
790,260 
5
Investment property
2023 
£ 
Fair value at 31 January 2022
1,035,897 
Additions
2,900,000 
Net gain from fair value adjustments
2,864,103 
At 30 January 2023
6,800,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
61,122 
Trade debtors
2,622 
10,044 
Accrued income and prepayments
24,413 
29,833 
Other debtors
35,815 
4,498 
62,850 
105,497 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
392,860 
- 
VAT
144,418 
- 
Trade creditors
27,298 
180,889 
Other creditors
2,200,313 
1,813,952 
2,764,889 
1,994,841 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,592,563 
- 
- 6 -
HOWARD HOUSE HOTELS LTD Notes to the Accounts for the year ended 30 January 2023
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 7 -