IRIS Accounts Production v23.3.1.45 12394347 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123943472022-04-30123943472023-04-30123943472022-05-012023-04-30123943472021-01-30123943472021-01-312022-04-30123943472022-04-3012394347ns10:Originalns15:EnglandWales2022-05-012023-04-3012394347ns14:PoundSterlingns10:Original2022-05-012023-04-3012394347ns10:Originalns10:Director12022-05-012023-04-3012394347ns10:Original2022-05-012023-04-3012394347ns10:Original2023-04-3012394347ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3012394347ns10:Originalns10:SmallEntities2022-05-012023-04-3012394347ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3012394347ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3012394347ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3012394347ns10:Originalns10:FullAccounts2022-05-012023-04-3012394347ns10:Originalns10:Director22022-05-012023-04-3012394347ns10:Originalns10:RegisteredOffice2022-05-012023-04-3012394347ns10:Original2022-04-3012394347ns10:Originalns5:CurrentFinancialInstruments2023-04-3012394347ns10:Originalns5:CurrentFinancialInstruments2022-04-3012394347ns5:ShareCapitalns10:Original2023-04-3012394347ns5:ShareCapitalns10:Original2022-04-3012394347ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3012394347ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3012394347ns10:Original2021-01-312022-04-3012394347ns10:Originalns5:CostValuation2022-04-3012394347ns10:Originalns5:AdditionsToInvestments2023-04-3012394347ns10:Originalns5:CostValuation2023-04-3012394347ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3012394347ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-30
REGISTERED NUMBER: 12394347 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

NK2N Hotels Limited

NK2N Hotels Limited (Registered number: 12394347)

Contents of the Financial Statements
for the Year Ended 30 April 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NK2N Hotels Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: Mr Narendra Patel
Mrs Kalpana Patel





REGISTERED OFFICE: Office 1
21 Hatherton Street
Walsall
England
WS4 2LA





REGISTERED NUMBER: 12394347 (England and Wales)





ACCOUNTANTS: Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA

NK2N Hotels Limited (Registered number: 12394347)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £   
FIXED ASSETS
Investments 4 2,381,470 935,783

CURRENT ASSETS
Debtors 5 88,797 -
Cash at bank and in hand 70,874 363,551
159,671 363,551
CREDITORS
Amounts falling due within one year 6 (2,132,654 ) (967,565 )
NET CURRENT LIABILITIES (1,972,983 ) (604,014 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

408,487

331,769

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 408,287 331,569
SHAREHOLDERS' FUNDS 408,487 331,769

NK2N Hotels Limited (Registered number: 12394347)

Balance Sheet - continued
30 April 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 18 January 2024 and were signed on its behalf by:





Mr Narendra Patel - Director


NK2N Hotels Limited (Registered number: 12394347)

Notes to the Financial Statements
for the Year Ended 30 April 2023


1. STATUTORY INFORMATION

NK2N Hotels 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.

Preparation of consolidated financial statements
The financial statements contain information about NK2N Hotels Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, , .

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

NK2N Hotels Limited (Registered number: 12394347)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 May 2022 935,783 - 935,783
Additions - 1,445,687 1,445,687
At 30 April 2023 935,783 1,445,687 2,381,470
NET BOOK VALUE
At 30 April 2023 935,783 1,445,687 2,381,470
At 30 April 2022 935,783 - 935,783

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Other debtors 88,797 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Other creditors 2,132,654 967,565