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REGISTERED NUMBER: 00434025 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Seckford Hall Hotel Limited

Seckford Hall Hotel Limited (Registered number: 00434025)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Seckford Hall Hotel Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr M Chittenden
Miss T Madge





REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE





REGISTERED NUMBER: 00434025 (England and Wales)





AUDITORS: Cartwrights
Chartered Accountants and Business Advisors
Statutory Auditor
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Seckford Hall Hotel Limited (Registered number: 00434025)

Balance Sheet
31 December 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,044,569 4,657,121

CURRENT ASSETS
Stocks 51,586 29,610
Debtors 5 1,776,794 2,602,329
Cash at bank and in hand 96,811 17,686
1,925,191 2,649,625
CREDITORS
Amounts falling due within one year 6 3,130,457 3,044,012
NET CURRENT LIABILITIES (1,205,266 ) (394,387 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,839,303

4,262,734

CREDITORS
Amounts falling due after more than one year 7 (683,146 ) (924,311 )

PROVISIONS FOR LIABILITIES (345,573 ) (206,981 )
NET ASSETS 2,810,584 3,131,442

CAPITAL AND RESERVES
Called up share capital 12,000 12,000
Share premium 798,000 798,000
Revaluation reserve 8 1,716,640 1,716,640
Retained earnings 283,944 604,802
2,810,584 3,131,442

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 22 July 2024 and were signed on its behalf by:





Mr M Chittenden - Director


Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Seckford Hall Hotel 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Wedding services
Turnover is recognised on the day of the wedding taken place when the company has earned the income and services have been provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and Machinery - 10% SL
Computer Equipment - 10% SL
Fixtures and Fittings - 10% SL
Motor Vehicle - 15% SL

No provision for depreciation of freehold buildings has been made on the grounds that the amount is not material.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 77 (2022 - 47 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 3,548,774 41,029 2,461,251 64,806 6,115,860
Additions - 61,250 491,233 14,858 567,341
At 31 December 2023 3,548,774 102,279 2,952,484 79,664 6,683,201
DEPRECIATION
At 1 January 2023 - 7,433 1,427,911 23,395 1,458,739
Charge for year - 8,239 164,159 7,495 179,893
At 31 December 2023 - 15,672 1,592,070 30,890 1,638,632
NET BOOK VALUE
At 31 December 2023 3,548,774 86,607 1,360,414 48,774 5,044,569
At 31 December 2022 3,548,774 33,596 1,033,340 41,411 4,657,121

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 91,956 67,453
Amounts owed by group undertakings 512,840 1,363,130
Other debtors 1,171,998 1,171,746
1,776,794 2,602,329

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Bank loans and overdrafts 46,912 197,861
Trade creditors 371,472 513,666
Amounts owed to group undertakings 1,769,285 1,815,349
Taxation and social security 249,900 147,147
Other creditors 692,888 369,989
3,130,457 3,044,012

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/23 31/12/22
£    £   
Bank loans 457,769 501,274
Other creditors 225,377 423,037
683,146 924,311

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 270,121 266,714

8. RESERVES
Revaluation
reserve
£   
At 1 January 2023
and 31 December 2023 1,716,640

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Eric McIntyre (Senior Statutory Auditor)
for and on behalf of Cartwrights

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

10. RELATED PARTY DISCLOSURES - continued

As at the balance sheet date the company was due the following amounts from companies controlled by the director, M Chittenden:

2023 2022

The Ordnance Depot Ltd 30,000 30,000
Eastgate Street Ltd 70,000 120,000
Stanwood Holdings Ltd 963.200 860,000
MRM 47 Ltd 76,452 76,452

At the balance sheet date, the amount of £111,000 (2022: £5,000) was owed to the directors of the company.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Heritage Rocks Ltd.