Company Registration No. 4219321 (England and Wales)
Hilton Lodge Limited
Unaudited accounts
for the year ended 31 March 2023
Hilton Lodge Limited
Unaudited accounts
Contents
Hilton Lodge Limited
Company Information
for the year ended 31 March 2023
Directors
Mr Ravindra Appadoo
Mrs Kiran Appadoo
Secretary
Mr Ravindra Appadoo
Company Number
4219321 (England and Wales)
Registered Office
99 Waterfall Road
New Southgate
London
N11 1BT
United Kingdom
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
Hilton Lodge Limited
Accountants' report
Accountants' report to the board of directors of Hilton Lodge Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Hilton Lodge Limited for the year ended
31 March 2023 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Hilton Lodge Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Hilton Lodge Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hilton Lodge Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Hilton Lodge Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Hilton Lodge Limited. You consider that Hilton Lodge Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Hilton Lodge Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
19 December 2023
Hilton Lodge Limited
Statement of financial position
as at 31 March 2023
Intangible assets
64,998
76,998
Tangible assets
34,074
3,463
Cash at bank and in hand
526,862
371,568
Creditors: amounts falling due within one year
(149,083)
(88,154)
Net current assets
395,827
317,288
Net assets
494,899
397,749
Called up share capital
2
2
Profit and loss account
494,897
397,747
Shareholders' funds
494,899
397,749
For the year ending 31 March 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 19 December 2023 and were signed on its behalf by
Mr Ravindra Appadoo
Director
Company Registration No. 4219321
Hilton Lodge Limited
Notes to the Accounts
for the year ended 31 March 2023
Hilton Lodge Limited is a private company, limited by shares, registered in England and Wales, registration number 4219321. The registered office is 99 Waterfall Road, New Southgate, London, N11 1BT, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of 20 years.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
Hilton Lodge Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Intangible fixed assets
Goodwill
Charge for the year
12,000
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
-
17,471
17,471
Additions
32,400
1,298
33,698
At 31 March 2023
32,400
18,769
51,169
At 1 April 2022
-
14,008
14,008
Charge for the year
2,025
1,062
3,087
At 31 March 2023
2,025
15,070
17,095
At 31 March 2023
30,375
3,699
34,074
At 31 March 2022
-
3,463
3,463
Amounts falling due within one year
Accrued income and prepayments
524
16,320
Other debtors
17,524
17,554
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
54,054
23,782
Loans from directors
26,100
46,644
Hilton Lodge Limited
Notes to the Accounts
for the year ended 31 March 2023
8
Transactions with related parties
The director is also a director an shareholder of the Ashlake Lodge Limited.
At the reporting date Ashlake Lodge Limited owed the company £17,524 (2022: £17,554).
9
Average number of employees
During the year the average number of employees was 13 (2022: 15).