IRIS Accounts Production v23.3.0.418 12372154 Board of Directors 1.2.22 31.1.23 31.1.23 23.10.23 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure123721542022-01-31123721542023-01-31123721542022-02-012023-01-31123721542021-01-31123721542021-02-012022-01-31123721542022-01-3112372154ns16:EnglandWales2022-02-012023-01-3112372154ns15:PoundSterling2022-02-012023-01-3112372154ns11:Director12022-02-012023-01-3112372154ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3112372154ns11:SmallEntities2022-02-012023-01-3112372154ns11:Audited2022-02-012023-01-3112372154ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3112372154ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3112372154ns11:FullAccounts2022-02-012023-01-3112372154ns11:Director22022-02-012023-01-3112372154ns11:RegisteredOffice2022-02-012023-01-3112372154ns6:CurrentFinancialInstruments2023-01-3112372154ns6:CurrentFinancialInstruments2022-01-3112372154ns6:Non-currentFinancialInstruments2023-01-3112372154ns6:Non-currentFinancialInstruments2022-01-3112372154ns6:ShareCapital2023-01-3112372154ns6:ShareCapital2022-01-3112372154ns6:RetainedEarningsAccumulatedLosses2023-01-3112372154ns6:RetainedEarningsAccumulatedLosses2022-01-3112372154ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3112372154ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3112372154ns6:Secured2023-01-3112372154ns6:Secured2022-01-31
REGISTERED NUMBER: 12372154 (England and Wales)












Financial Statements

for the Year Ended 31 January 2023

for

Snooty Fox Hotel Limited

Snooty Fox Hotel Limited (Registered number: 12372154)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Snooty Fox Hotel Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: L A Hiscox
D L R Hiscox





REGISTERED OFFICE: Hatton Court Upton Hill
Upton St Leonards
Gloucester
United Kingdom
GL4 8DE





REGISTERED NUMBER: 12372154 (England and Wales)





AUDITORS: John S Ward & Co Limited
Statutory Auditors
26-28 Headlands
Kettering
Northamptonshire
NN15 7HP

Snooty Fox Hotel Limited (Registered number: 12372154)

Balance Sheet
31 January 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 12,085 8,266
Debtors 4 301,034 279,585
Cash at bank 33,160 28,152
346,279 316,003
CREDITORS
Amounts falling due within one year 5 156,214 143,606
NET CURRENT ASSETS 190,065 172,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,065

172,397

CREDITORS
Amounts falling due after more than
one year

6

85,334

106,867
NET ASSETS 104,731 65,530

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 104,729 65,528
104,731 65,530

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 Board of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by:





D L R Hiscox - Director


Snooty Fox Hotel Limited (Registered number: 12372154)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Snooty Fox Hotel Limited is a private company, limited by shares , registered in England and Wales. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Snooty Fox Hotel Limited (Registered number: 12372154)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 19 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,699 13,498
Amounts owed by group undertakings 142,588 260,924
Other debtors 154,747 5,163
301,034 279,585

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 36,571 32,000
Trade creditors 64,475 51,191
Taxation and social security 6,093 23,146
Other creditors 49,075 37,269
156,214 143,606

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 85,334 106,867

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 121,905 138,867

The Bank Loan is secured by a Fixed and Floating charge over the assets of the Company.

Snooty Fox Hotel Limited (Registered number: 12372154)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

S J Rouse FCCA (Senior Statutory Auditor)
for and on behalf of John S Ward & Co Limited

9. ULTIMATE CONTROLLING PARTY

The Company's holding company is Snooty Fox Holdings Ltd. The Ultimate holding company is Hatton Group Holdings Ltd.

Mrs VEA Hiscox is the ultimate shareholder of Hatton Group Holdings Ltd.