Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-312022-01-01falseNo description of principal activity33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01298485 2022-01-01 2022-12-31 01298485 2021-01-01 2021-12-31 01298485 2022-12-31 01298485 2021-12-31 01298485 c:Director1 2022-01-01 2022-12-31 01298485 d:MotorVehicles 2022-01-01 2022-12-31 01298485 d:MotorVehicles 2022-12-31 01298485 d:MotorVehicles 2021-12-31 01298485 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 01298485 d:FurnitureFittings 2022-01-01 2022-12-31 01298485 d:FurnitureFittings 2022-12-31 01298485 d:FurnitureFittings 2021-12-31 01298485 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 01298485 d:ComputerEquipment 2022-01-01 2022-12-31 01298485 d:ComputerEquipment 2022-12-31 01298485 d:ComputerEquipment 2021-12-31 01298485 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 01298485 d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 01298485 d:CurrentFinancialInstruments 2022-12-31 01298485 d:CurrentFinancialInstruments 2021-12-31 01298485 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 01298485 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 01298485 d:ShareCapital 2022-12-31 01298485 d:ShareCapital 2021-12-31 01298485 d:SharePremium 2022-12-31 01298485 d:SharePremium 2021-12-31 01298485 d:OtherMiscellaneousReserve 2022-12-31 01298485 d:OtherMiscellaneousReserve 2021-12-31 01298485 d:RetainedEarningsAccumulatedLosses 2022-12-31 01298485 d:RetainedEarningsAccumulatedLosses 2021-12-31 01298485 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 01298485 d:AcceleratedTaxDepreciationDeferredTax 2021-12-31 01298485 c:OrdinaryShareClass1 2022-01-01 2022-12-31 01298485 c:OrdinaryShareClass1 2022-12-31 01298485 c:OrdinaryShareClass1 2021-12-31 01298485 c:FRS102 2022-01-01 2022-12-31 01298485 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 01298485 c:FullAccounts 2022-01-01 2022-12-31 01298485 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 01298485 2 2022-01-01 2022-12-31 01298485 6 2022-01-01 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 01298485














THE GOOD HOTEL GUIDE LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2022

 
THE GOOD HOTEL GUIDE LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 8


 
THE GOOD HOTEL GUIDE LIMITED
REGISTERED NUMBER:01298485

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,739
21,236

Investments
 5 
-
895,383

  
1,739
916,619

Current assets
  

Stocks
  
14,280
15,141

Debtors: amounts falling due within one year
 6 
37,012
67,969

Cash at bank and in hand
  
174,272
68,085

  
225,564
151,195

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(188,993)
(120,902)

Net current assets
  
 
 
36,571
 
 
30,293

Total assets less current liabilities
  
38,310
946,912

Provisions for liabilities
  

Deferred tax
  
-
(56,939)

Net assets
  
38,310
889,973


Capital and reserves
  

Called up share capital 
 9 
3
2

Share premium account
  
1,066
-

Other reserves
  
-
687,408

Profit and loss account
  
37,241
202,563

  
38,310
889,973


Page 1

 
THE GOOD HOTEL GUIDE LIMITED
REGISTERED NUMBER:01298485
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2022

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 comprehensive income 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 on 10 November 2023.




R S Fraiman
Director

Page 2

 
THE GOOD HOTEL GUIDE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

The Good Hotel Guide Limited is a limited liability company registered in England and Wales. Its registered office address is at Moorgate House, 201 Silbury Boulevard, Milton Keynes, Bucks, United Kingdom, MK9 1LZ.
The principal activity of the Company during the year was that of publishing a hotel guide in print and digital form.

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

Turnover

Turnover is measured at the fair value of amounts receivable in respect of goods and services provided in the year, net of trade discounts and excluding value added tax. The company recognises revenue from goods when the goods are delivered to the customer. Revenue from services is recognised when all contractual obligations have been met.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3

 
THE GOOD HOTEL GUIDE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.5

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.

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:

Motor vehicles
-
20%
Fixtures and fittings
-
20%
Computer equipment
-
50%

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.

 
2.6

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for absolete and slow-moving stocks.

 
2.8

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 reporting 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 Statement of Financial Position.

Page 4

 
THE GOOD HOTEL GUIDE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.9

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to/from related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.
Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2021 -3).

Page 5

 
THE GOOD HOTEL GUIDE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2022
53,090
1,011
4,342
58,443


Additions
-
-
2,154
2,154


Disposals
(53,090)
-
-
(53,090)



At 31 December 2022

-
1,011
6,496
7,507



Depreciation


At 1 January 2022
31,854
1,011
4,342
37,207


Charge for the year on owned assets
-
-
415
415


Disposals
(31,854)
-
-
(31,854)



At 31 December 2022

-
1,011
4,757
5,768



Net book value



At 31 December 2022
-
-
1,739
1,739



At 31 December 2021
21,236
-
-
21,236


5.


Fixed asset investments





Listed investments

£





At 1 January 2022
895,383


Disposals
(895,383)



At 31 December 2022
-




Page 6

 
THE GOOD HOTEL GUIDE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

6.


Debtors

2022
2021
£
£


Trade debtors
16,097
16,097

Other debtors
20,915
50,944

Prepayments and accrued income
-
928

37,012
67,969



7.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
78,680
3,039

Accruals and deferred income
110,313
117,863

188,993
120,902



8.


Deferred taxation




2022


£






At beginning of year
(56,939)


Charged to profit or loss
56,939



At end of year
-

The deferred taxation balance is made up as follows:

2022
2021
£
£


Accelerated capital allowances
-
(56,939)

Page 7

 
THE GOOD HOTEL GUIDE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

9.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



285 (2021 -200) Ordinary shares of £0.01 each
3
2


During the year 85 Ordinary Shares of £0.01 each were issued for £12.55 each in order to increase the capital base of the company.

 
Page 8