REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
BONNINGTON HOTELS LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
BONNINGTON HOTELS LTD |
BONNINGTON HOTELS LTD (REGISTERED NUMBER: 00106287) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
BONNINGTON HOTELS LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Railview Lofts |
19c Commercial Road |
Eastbourne |
East Sussex |
BN21 3XE |
BONNINGTON HOTELS LTD (REGISTERED NUMBER: 00106287) |
BALANCE SHEET |
31 DECEMBER 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
5 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 6 |
SHAREHOLDERS' FUNDS |
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. |
BONNINGTON HOTELS LTD (REGISTERED NUMBER: 00106287) |
BALANCE SHEET - continued |
31 DECEMBER 2023 |
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 |
BONNINGTON HOTELS LTD (REGISTERED NUMBER: 00106287) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
1. | STATUTORY INFORMATION |
Bonnington Hotels Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Going concern |
The financial statements have been prepared on the basis that the company has ceased to trade and is dormant. |
Financial instruments |
Financial asset and financial liabilities are recognised on the balance sheet when the entity becomes party to the contractual provisions of the financial instrument. |
The company has £100,000 6% preference shares and £50,000 7% preference shares in issue. Both categories of preference share are entitled to a fixed cumulative dividend. However as the company is not active and has no distributable reserves no dividends can be paid on the preference shares. |
The company has a debt due from its parent equal to the nominal values of the issued ordinary and preference shares. As those shares are owned by the parent company, the risk is managed by the effective contra of amounts due from and for the benefit of the company by the parent. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Amounts owed by group undertakings |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Preference shares | 150,000 | 150,000 |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Preference shares |
BONNINGTON HOTELS LTD (REGISTERED NUMBER: 00106287) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary shares | £1 | 5,000 | 5,000 |
7. | ULTIMATE CONTROLLING PARTY |
The company's ultimate controlling party is the company's director J J McGettigan by virtue of his majority shareholding in the company's ultimate parent company. |
8. | CONSOLIDATED FINANCIAL STATEMENTS |
The company is a wholly owned subsidiary of Bonnington Group Limited (incorporated in England and Wales) and of its ultimate parent, Regan Development Holdings Ltd (incorporated in Ireland). Bonnington Group Ltd is exempt from the requirement to prepare consolidated financial statements by virtue of section 399 of the Companies Act 2006. Copies of the financial statements for Regan Development Holdings Ltd are available from Companies Registration Office in Ireland. |