IRIS Accounts Productionv24.1.0.57800062857Board of Directors1.1.2331.12.2331.12.23falsetruefalsefalsetruefalseFair value modelOrdinary shares1.00000B Ordinary shares1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh000628572022-12-31000628572023-12-31000628572023-01-012023-12-31000628572021-12-31000628572022-01-012022-12-31000628572022-12-3100062857ns15:EnglandWales2023-01-012023-12-3100062857ns14:PoundSterling2023-01-012023-12-3100062857ns10:Director12023-01-012023-12-3100062857ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3100062857ns10:SmallEntities2023-01-012023-12-3100062857ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3100062857ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3100062857ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3100062857ns10:FullAccounts2023-01-012023-12-3100062857ns10:OrdinaryShareClass12023-01-012023-12-3100062857ns10:OrdinaryShareClass22023-01-012023-12-3100062857ns10:Director22023-01-012023-12-3100062857ns10:Director42023-01-012023-12-3100062857ns10:Director52023-01-012023-12-3100062857ns10:Director62023-01-012023-12-3100062857ns10:Director72023-01-012023-12-3100062857ns10:Director82023-01-012023-12-3100062857ns10:CompanySecretary12023-01-012023-12-3100062857ns10:RegisteredOffice2023-01-012023-12-3100062857ns5:CurrentFinancialInstruments2023-12-3100062857ns5:CurrentFinancialInstruments2022-12-3100062857ns5:Non-currentFinancialInstruments2023-12-3100062857ns5:Non-currentFinancialInstruments2022-12-3100062857ns5:ShareCapital2023-12-3100062857ns5:ShareCapital2022-12-3100062857ns5:FurtherSpecificReserve1ComponentTotalEquity2023-12-3100062857ns5:FurtherSpecificReserve1ComponentTotalEquity2022-12-3100062857ns5:RetainedEarningsAccumulatedLosses2023-12-3100062857ns5:RetainedEarningsAccumulatedLosses2022-12-3100062857ns5:FurnitureFittings2023-01-012023-12-3100062857ns5:PlantMachinery2022-12-3100062857ns5:PlantMachinery2023-01-012023-12-3100062857ns5:PlantMachinery2023-12-3100062857ns5:PlantMachinery2022-12-3100062857ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3100062857ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3100062857ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-12-3100062857ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-12-3100062857ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-3100062857ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-12-3100062857ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-12-3100062857ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-12-3100062857ns5:Non-currentFinancialInstruments2023-01-012023-12-3100062857ns10:OrdinaryShareClass12023-12-3100062857ns10:OrdinaryShareClass22023-12-3100062857ns5:RetainedEarningsAccumulatedLosses2022-12-3100062857ns5:FurtherSpecificReserve1ComponentTotalEquity2022-12-3100062857ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31

REGISTERED NUMBER: 00062857 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2023


for



The Warwick Suite Limited



The Warwick Suite Limited (Registered number: 00062857)








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





The Warwick Suite Limited



Company Information

for the Year Ended 31 December 2023









DIRECTORS:

R I Barber


P R Hargreaves


P J Smith


I Tetley


M D Wilkinson


D D Feraru


P A Rogers







SECRETARY:

P J Smith







REGISTERED OFFICE:

Masonic Hall The Allerton


Nursery Lane


Alwoodley


Leeds


West Yorkshire


LS17 7HW







REGISTERED NUMBER:

00062857 (England and Wales)







ACCOUNTANTS:

Hope Agar Limited


Chartered Accountants


24a Marsh Street


Rothwell


Leeds


LS26 0BB



The Warwick Suite Limited (Registered number: 00062857)



Balance Sheet

31 December 2023



31.12.23

31.12.22



Notes

£   

£   

£   

£   


FIXED ASSETS

Tangible assets

4

5,007


5,890



Investment property

5

1,555,546


1,555,546



1,560,553


1,561,436




CURRENT ASSETS

Debtors

6

75,627


61,548



Cash at bank

37,343


36,061



112,970


97,609



CREDITORS

Amounts falling due within one year

7

149,847


132,144



NET CURRENT LIABILITIES

(36,877

)

(34,535

)


TOTAL ASSETS LESS CURRENT

LIABILITIES

1,523,676


1,526,901




CREDITORS

Amounts falling due after more than one

year

8

141,550


184,150



NET ASSETS

1,382,126


1,342,751




CAPITAL AND RESERVES

Called up share capital

9

383,396


383,396



Other reserves

10

592,482


592,482



Retained earnings

10

406,248


366,873



SHAREHOLDERS' FUNDS

1,382,126


1,342,751




The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.  


The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Warwick Suite Limited (Registered number: 00062857)



Balance Sheet - continued

31 December 2023



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 Statement of Income and Retained Earnings has not been delivered.  


The financial statements were approved by the Board of Directors and authorised for issue on 2 August 2024 and were signed on its behalf by:






I Tetley - Director




The Warwick Suite Limited (Registered number: 00062857)



Notes to the Financial Statements

for the Year Ended 31 December 2023


1.

STATUTORY INFORMATION



The Warwick Suite 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.


Tangible fixed assets


Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.  


Fixtures and fittings

-

15% on reducing balance



Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.


Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.

EMPLOYEES AND DIRECTORS



The average number of employees during the year was 1 (2022 - 1 ) .



The Warwick Suite Limited (Registered number: 00062857)



Notes to the Financial Statements - continued

for the Year Ended 31 December 2023


4.

TANGIBLE FIXED ASSETS


Plant and


machinery


etc

£   



COST


At 1 January 2023


and 31 December 2023

32,268




DEPRECIATION


At 1 January 2023

26,378




Charge for year

883




At 31 December 2023

27,261




NET BOOK VALUE


At 31 December 2023

5,007




At 31 December 2022

5,890




5.

INVESTMENT PROPERTY


Total

£   



FAIR VALUE


At 1 January 2023


and 31 December 2023

1,555,546




NET BOOK VALUE


At 31 December 2023

1,555,546




At 31 December 2022

1,555,546





The 2023 valuations were made by the directors, on an open market value basis.


6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



31.12.23


31.12.22

£   

£   



Trade debtors

15,945


-




Other debtors

-


149




Deferred tax

33,925


33,086




Prepayments

25,757


28,313



75,627


61,548




7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



31.12.23


31.12.22

£   

£   



Bank loans and overdrafts

2,600


2,600




Other loans

40,000


15,000




VAT

4,565


4,406




Directors' loan accounts

65,000


75,000




Accrued expenses

37,682


35,138



149,847


132,144





The Warwick Suite Limited (Registered number: 00062857)



Notes to the Financial Statements - continued

for the Year Ended 31 December 2023


8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE

YEAR



31.12.23


31.12.22

£   

£   



Bank loans - 1-2 years

2,600


2,600




Bank loans - 2-5 years

1,950


4,550




Other loans - 2-5 years

137,000


177,000



141,550


184,150




The loan notes have interest payable on them at a rate of 5% per annum and are repayable in less than one year £40,000 and over one year £137,000.

9.

CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:


Number:

Class:

Nominal

31.12.23


31.12.22


value:

£   

£   



77,146

Ordinary shares

£1

77,146


77,146




306,250

B Ordinary shares

£1

306,250


306,250



383,396


383,396




The Ordinary shares have equal voting rights and participation in distributions via dividends and return of capital.
The B Ordinary shares carry no voting rights and no entitlement to dividends.

10.

RESERVES


Retained


Other



earnings


reserves


Totals

£   

£   

£   




At 1 January 2023

366,873


592,482


959,355




Profit for the year

39,375


39,375




At 31 December 2023

406,248


592,482


998,730




Included in other reserves at 31 December 2023 and 2022 are investment property reserves of £592,375 and other reserves of £107. These reserves are not available for distribution to shareholders.

11.

ULTIMATE CONTROLLING PARTY



There is no ultimate controlling party.