Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-31falsefalseThe principal activity of the company is that of providing consultancy services12022-09-011trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13546463 2022-09-01 2023-08-31 13546463 2021-09-01 2022-08-31 13546463 2023-08-31 13546463 2022-08-31 13546463 c:Director1 2022-09-01 2023-08-31 13546463 d:CurrentFinancialInstruments 2023-08-31 13546463 d:CurrentFinancialInstruments 2022-08-31 13546463 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 13546463 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 13546463 d:ShareCapital 2023-08-31 13546463 d:ShareCapital 2022-08-31 13546463 d:RetainedEarningsAccumulatedLosses 2023-08-31 13546463 d:RetainedEarningsAccumulatedLosses 2022-08-31 13546463 c:OrdinaryShareClass1 2022-09-01 2023-08-31 13546463 c:OrdinaryShareClass1 2023-08-31 13546463 c:OrdinaryShareClass1 2022-08-31 13546463 c:FRS102 2022-09-01 2023-08-31 13546463 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 13546463 c:FullAccounts 2022-09-01 2023-08-31 13546463 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 13546463 2 2022-09-01 2023-08-31 13546463 e:PoundSterling 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13546463














GREAT HOSPITALITY SERVICES LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

 
GREAT HOSPITALITY SERVICES LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 5


 
GREAT HOSPITALITY SERVICES LIMITED
REGISTERED NUMBER:13546463

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
130,732
12,671

Cash at bank and in hand
 5 
32,556
34,647

  
163,288
47,318

Creditors: amounts falling due within one year
 6 
(125,192)
(36,923)

Net current assets
  
 
 
38,096
 
 
10,395

Total assets less current liabilities
  
38,096
10,395

  

Net assets
  
38,096
10,395


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
37,996
10,295

  
38,096
10,395


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 July 2024.




A Clemente
Director

The notes on pages 2 to 5 form part of these financial statements.

1

 
GREAT HOSPITALITY SERVICES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Great Hospitality Services Limited is a private company, limited by shares, registered in England and Wales, registration number 13546463. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
 
The principal activity of the company is that of providing consultancy services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Turnover

Turnover comprises of revenue recognised by the company in respect of providing consultancy
services during the period and is recognised to the extent that it is probable that the economic
benefits will flow to the company and the revenue can be reliably measured. Turnover is
measured as the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2

 
GREAT HOSPITALITY SERVICES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.9

Creditors

Short-term creditors are measured at the transaction price. 

 
2.10

 Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from other third parties, loans to related parties.

 
2.11

 Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the director, during the year was 1 (2022 - 1).

3

 
GREAT HOSPITALITY SERVICES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Debtors

2023
2022
£
£


Trade debtors
24,000
12,511

Other debtors
79,665
-

Prepayments
180
160

Tax recoverable
26,887
-

130,732
12,671



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank
32,556
34,647



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
9,787
-

Corporation tax
108,925
28,322

Other creditors
-
4,601

Accruals
6,480
4,000

125,192
36,923



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


4

 
GREAT HOSPITALITY SERVICES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


8.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £Nil (2022 - £89). Contributions totalling £Nil (2022 - £Nil) were payable to the fund at the balance sheet date and are included in other creditors.


9.


Related party transactions

As at the year end, the director owed £79,665 (2022 - £4,602 from) to the company. This loan is repayable on demand and interest is charged at the official rate.
During the year the company paid dividends totalling £120,000 (2022 - £110,000) to the director.

 
5