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REGISTERED NUMBER: 11106800 (England and Wales)












Financial Statements

for the Year Ended 31 January 2023

for

The Thatch Hotel Limited

The Thatch Hotel Limited (Registered number: 11106800)






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


The Thatch Hotel Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: D L R Hiscox





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





REGISTERED NUMBER: 11106800 (England and Wales)





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

The Thatch Hotel Limited (Registered number: 11106800)

Balance Sheet
31 January 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 8,175 8,161
Debtors 4 136,517 144,450
Cash at bank 18,843 28,664
163,535 181,275
CREDITORS
Amounts falling due within one year 5 121,958 84,276
NET CURRENT ASSETS 41,577 96,999
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,577

96,999

CREDITORS
Amounts falling due after more than
one year

6

34,980

43,350
NET ASSETS 6,597 53,649

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 6,595 53,647
6,597 53,649

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 23 October 2023 and were signed by:





D L R Hiscox - Director


The Thatch Hotel Limited (Registered number: 11106800)

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

1. STATUTORY INFORMATION

The Thatch 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.

The Thatch Hotel Limited (Registered number: 11106800)

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 19 (2022 - 23 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,658 401
Amounts owed by group undertakings 129,358 142,632
Other debtors 2,501 1,417
136,517 144,450

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,415 7,650
Trade creditors 44,383 19,892
Taxation and social security 37,516 26,534
Other creditors 31,644 30,200
121,958 84,276

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 34,980 43,350

7. 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

8. CONTINGENT LIABILITIES

The Company has provided an unlimited cross guarantee to secure the bank borrowings of of the Company's Holding company

The Thatch Hotel Limited (Registered number: 11106800)

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

9. ULTIMATE CONTROLLING PARTY

The Company's holding company is Thatch Holdings Limited. The Ultimate Holding Company is Hatton Group Holdings Ltd.

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