CMG HOTELS LIMITED

Company Registration Number:
03806041 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

CMG HOTELS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

CMG HOTELS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,402,203 1,368,046
Total fixed assets: 1,402,203 1,368,046
Current assets
Debtors:   158,471 155,271
Cash at bank and in hand: 735,690 482,449
Total current assets: 894,161 637,720
Creditors: amounts falling due within one year: 4 (259,797) (171,521)
Net current assets (liabilities): 634,364 466,199
Total assets less current liabilities: 2,036,567 1,834,245
Creditors: amounts falling due after more than one year: 5 (83,580) (176,745)
Total net assets (liabilities): 1,952,987 1,657,500
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,951,987 1,656,500
Shareholders funds: 1,952,987 1,657,500

The notes form part of these financial statements

CMG HOTELS LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 December 2023
and signed on behalf of the board by:

Name: Mr Costas Mouyia
Status: Director

The notes form part of these financial statements

CMG HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CMG HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 7 7

CMG HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 2,843,816
Additions 83,053
At 31 July 2023 2,926,869
Depreciation
At 01 August 2022 1,475,770
Charge for year 48,896
At 31 July 2023 1,524,666
Net book value
At 31 July 2023 1,402,203
At 31 July 2022 1,368,046

CMG HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Creditors: amounts falling due within one year note

Taxation and Social Security £218,727Other Creditors £ 41,070

CMG HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due after more than one year note

Bank Loans £29,165Other Creditors £54,415