Company Registration No. 11738971 (England and Wales)
CRISP HOTELS LIMITED
Unaudited accounts
for the year ended 30 November 2023
CRISP HOTELS LIMITED
Unaudited accounts
Contents
CRISP HOTELS LIMITED
Company Information
for the year ended 30 November 2023
Directors
Daniel Crisp
Julia Crisp
Company Number
11738971 (England and Wales)
Registered Office
THE RISING SUN WOODLAND
ASHBURTON
NEWTON ABBOT
TQ13 7JT
ENGLAND
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
CRISP HOTELS LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
37,450
36,330
Cash at bank and in hand
84,052
111,099
Creditors: amounts falling due within one year
(131,496)
(153,522)
Net current liabilities
(32,802)
(25,726)
Called up share capital
100
100
Profit and loss account
4,548
10,504
Shareholders' funds
4,648
10,604
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 6 April 2024 and were signed on its behalf by
Daniel Crisp
Director
Company Registration No. 11738971
CRISP HOTELS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
CRISP HOTELS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11738971. The registered office is THE RISING SUN WOODLAND, ASHBURTON, NEWTON ABBOT, TQ13 7JT, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
Leasehold Improvements 15 Year Straight Line from November 2019
Plant & machinery
25% Reducing Balance Basis
Fixtures & fittings
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
CRISP HOTELS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
27,433
24,061
5,359
2,791
59,644
Additions
-
266
-
3,558
3,824
At 30 November 2023
27,433
24,327
5,359
6,349
63,468
At 1 December 2022
5,413
13,318
3,145
1,438
23,314
Charge for the year
(1,829)
2,752
553
1,228
2,704
At 30 November 2023
3,584
16,070
3,698
2,666
26,018
At 30 November 2023
23,849
8,257
1,661
3,683
37,450
At 30 November 2022
22,020
10,743
2,214
1,353
36,330
Amounts falling due within one year
Accrued income and prepayments
1,736
3,455
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
(270)
3,503
Taxes and social security
-
1,084
Loans from directors
122,824
121,082
7
Average number of employees
During the year the average number of employees was 8 (2022: 8).