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REGISTERED NUMBER: 02674391 (England and Wales)















ABRIDGED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2024

FOR

A C HOTELS (UK) LIMITED

A C HOTELS (UK) LIMITED (REGISTERED NUMBER: 02674391)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


A C HOTELS (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2024







DIRECTORS: Mr P A Jansson
Mrs D Jansson





SECRETARY: Mrs D Jansson





REGISTERED OFFICE: 97 Judd Street
London
WC1H 9JG





REGISTERED NUMBER: 02674391 (England and Wales)





ACCOUNTANTS: Alex Johnson Limited
Chartered Certified Accountants
344 - 354 Grays Inn Road
London
WC1X 8BP

A C HOTELS (UK) LIMITED (REGISTERED NUMBER: 02674391)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31ST JANUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 3 4
Investment property 5 1,000,000 1,000,000
1,000,003 1,000,004

CURRENT ASSETS
Debtors 33,523 18,023
Cash at bank 1,874 3,039
35,397 21,062
CREDITORS
Amounts falling due within one year (50,777 ) (51,400 )
NET CURRENT LIABILITIES (15,380 ) (30,338 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

984,623

969,666

PROVISIONS FOR LIABILITIES (177,783 ) (177,783 )
NET ASSETS 806,840 791,883

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 533,350 533,350
Retained earnings 273,488 258,531
SHAREHOLDERS' FUNDS 806,840 791,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 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.

A C HOTELS (UK) LIMITED (REGISTERED NUMBER: 02674391)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31ST JANUARY 2024


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31st January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 17th May 2024 and were signed on its behalf by:





Mr P A Jansson - Director


A C HOTELS (UK) LIMITED (REGISTERED NUMBER: 02674391)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024

1. STATUTORY INFORMATION

A C Hotels (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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

Income is recognised when rental and service charge demands are issued.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% 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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2023 - NIL).

A C HOTELS (UK) LIMITED (REGISTERED NUMBER: 02674391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

4. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1st February 2023
and 31st January 2024 2,933
DEPRECIATION
At 1st February 2023 2,929
Charge for year 1
At 31st January 2024 2,930
NET BOOK VALUE
At 31st January 2024 3
At 31st January 2023 4

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st February 2023
and 31st January 2024 1,000,000
NET BOOK VALUE
At 31st January 2024 1,000,000
At 31st January 2023 1,000,000

Investment property consists of freehold land and buildings.

Fair value at 31st January 2024 is represented by:
£   
Valuation in 2008 126,000
Valuation in 2010 85,000
Valuation in 2014 100,000
Valuation in 2016 300,000
Valuation in 2022 100,133
Cost 288,867
1,000,000

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 288,867 288,867

The investment property was valued on a fair and market value basis on 31st January 2024 by local property agents .

The directors are not aware of any material change in value since the date of the last valuation.

A C HOTELS (UK) LIMITED (REGISTERED NUMBER: 02674391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

6. RELATED PARTY DISCLOSURES

At the year end £33,523 was owed by A C Travel & Leisure Ltd (2023: £18,023), a company owned and controlled by the directors.The loan is interest free and repayable on demand.

During the year, rent of £22,000 (2023: £19,250) was charged to A C Travel & Leisure Ltd by A C Hotels (UK) Limited.