Company Registration No. 07646013 (England and Wales)
Albright Hussey Hotel Limited
Unaudited accounts
for the year ended 31 October 2023
Albright Hussey Hotel Limited
Unaudited accounts
Contents
Albright Hussey Hotel Limited
Company Information
for the year ended 31 October 2023
Directors
P Subbiani
F Subbiani
Company Number
07646013 (England and Wales)
Registered Office
ALBRIGHT HUSSEY HOTEL
ELLESMERE ROAD
SHREWSBURY
SHROPSHIRE
SY4 3AF
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Albright Hussey Hotel Limited
Statement of financial position
as at 31 October 2023
Tangible assets
53,905
51,168
Debtors
1,457,714
1,310,300
Cash at bank and in hand
161,903
236,300
Creditors: amounts falling due within one year
(412,939)
(392,117)
Net current assets
1,221,792
1,169,604
Total assets less current liabilities
1,275,697
1,220,772
Provisions for liabilities
Deferred tax
(10,242)
(9,722)
Net assets
1,265,455
1,211,050
Called up share capital
100
100
Profit and loss account
1,265,355
1,210,950
Shareholders' funds
1,265,455
1,211,050
For the year ending 31 October 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 29 July 2024 and were signed on its behalf by
P Subbiani
Director
Company Registration No. 07646013
Albright Hussey Hotel Limited
Notes to the Accounts
for the year ended 31 October 2023
Albright Hussey Hotel Limited is a private company, limited by shares, registered in England and Wales, registration number 07646013. The registered office is ALBRIGHT HUSSEY HOTEL, ELLESMERE ROAD, SHREWSBURY, SHROPSHIRE, SY4 3AF.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% per annum reducing balance
Fixtures & fittings
15% per annum reducing balance
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
56,360
54,962
111,322
At 31 October 2023
56,360
67,212
123,572
At 1 November 2022
45,264
14,890
60,154
Charge for the year
1,664
7,849
9,513
At 31 October 2023
46,928
22,739
69,667
At 31 October 2023
9,432
44,473
53,905
At 31 October 2022
11,096
40,072
51,168
Albright Hussey Hotel Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
8,325
10,530
Amounts due from group undertakings etc.
1,439,604
1,294,364
Accrued income and prepayments
264
264
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
23,532
29,005
Trade creditors
52,029
36,553
Taxes and social security
76,300
75,704
Other creditors
205,366
196,541
Loans from directors
1,398
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Transactions with related parties
During the period the company purchased £176,022 (2021: £174259) in goods and
services from The Albright Hussey Hotel, a business in which both Mr F Subbiani and
Mr P Subbiani are partners.
The balance owed from the partnership at 31st October 2021 is £1,294,364 (2021: £1118342).
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Average number of employees
During the year the average number of employees was 26 (2022: 30).