Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302022-12-0137false38No description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04675287 2022-12-01 2023-11-30 04675287 2021-12-01 2022-11-30 04675287 2023-11-30 04675287 2022-11-30 04675287 c:Director1 2022-12-01 2023-11-30 04675287 c:Director2 2022-12-01 2023-11-30 04675287 c:RegisteredOffice 2022-12-01 2023-11-30 04675287 d:Buildings d:LongLeaseholdAssets 2022-12-01 2023-11-30 04675287 d:Buildings d:LongLeaseholdAssets 2023-11-30 04675287 d:Buildings d:LongLeaseholdAssets 2022-11-30 04675287 d:PlantMachinery 2022-12-01 2023-11-30 04675287 d:PlantMachinery 2023-11-30 04675287 d:PlantMachinery 2022-11-30 04675287 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 04675287 d:OfficeEquipment 2022-12-01 2023-11-30 04675287 d:OfficeEquipment 2023-11-30 04675287 d:OfficeEquipment 2022-11-30 04675287 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 04675287 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 04675287 d:CurrentFinancialInstruments 2023-11-30 04675287 d:CurrentFinancialInstruments 2022-11-30 04675287 d:Non-currentFinancialInstruments 2023-11-30 04675287 d:Non-currentFinancialInstruments 2022-11-30 04675287 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 04675287 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 04675287 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 04675287 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 04675287 d:ShareCapital 2023-11-30 04675287 d:ShareCapital 2022-11-30 04675287 d:SharePremium 2023-11-30 04675287 d:SharePremium 2022-11-30 04675287 d:RetainedEarningsAccumulatedLosses 2023-11-30 04675287 d:RetainedEarningsAccumulatedLosses 2022-11-30 04675287 c:FRS102 2022-12-01 2023-11-30 04675287 c:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 04675287 c:FullAccounts 2022-12-01 2023-11-30 04675287 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 04675287 2 2022-12-01 2023-11-30 04675287 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 04675287










THE DOWER HOUSE HOTEL LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
THE DOWER HOUSE HOTEL LIMITED
 
 
COMPANY INFORMATION


Directors
R Fielding 
G Lennox 




Registered number
04675287



Registered office
Manor Estate

Woodhall Spa

Lincolnshire

LN10 6PY




Accountants
P M & G Limited
Chartered Accountants

Mainwood Farm

Kneesall

Newark

Nottinghamshire

NG22 0AH





 
THE DOWER HOUSE HOTEL LIMITED
 

CONTENTS



Page
Accountants' report
1
Statement of financial position
2 - 3
Notes to the financial statements
4 - 9


 
THE DOWER HOUSE HOTEL LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE DOWER HOUSE HOTEL LIMITED
FOR THE YEAR ENDED 30 NOVEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Dower House Hotel Limited for the year ended 30 November 2023 which comprise the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of The Dower House Hotel Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Dower House Hotel Limited and state those matters that we have agreed to state to the Board of directors of The Dower House Hotel Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Dower House Hotel Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that The Dower House Hotel Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Dower House Hotel Limited. You consider that The Dower House Hotel Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of The Dower House Hotel Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



P M & G Limited
Chartered Accountants
Newark
23 August 2024
Page 1

 
THE DOWER HOUSE HOTEL LIMITED
REGISTERED NUMBER: 04675287

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
397,874
431,363

  
397,874
431,363

Current assets
  

Stocks
  
9,490
12,581

Debtors: amounts falling due within one year
 5 
85,067
73,713

Cash at bank and in hand
 6 
102,454
81,788

  
197,011
168,082

Creditors: amounts falling due within one year
 7 
(320,263)
(342,827)

Net current liabilities
  
 
 
(123,252)
 
 
(174,745)

Total assets less current liabilities
  
274,622
256,618

Creditors: amounts falling due after more than one year
 8 
(845,446)
(765,446)

  

Net liabilities
  
(570,824)
(508,828)


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
379,962
379,962

Profit and loss account
  
(950,886)
(888,890)

  
(570,824)
(508,828)


Page 2

 
THE DOWER HOUSE HOTEL LIMITED
REGISTERED NUMBER: 04675287
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2023

The directors consider 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 directors acknowledge their 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 statement of income and retained earnings 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 23 August 2024.




R Fielding
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
THE DOWER HOUSE HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

The Dower House Hotel Limited is a private company limited by shares and registered in England and Wales.  The company's registered number and office address can be found on the company information page.

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

Going concern

The accounts have been prepared on a going concern basis.  The directors have considered the future working capital requirements of the company and have confirmed the going concern basis is correct.

 
2.3

Revenue

Revenue 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. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 4

 
THE DOWER HOUSE HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

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

 
2.6

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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

L/Term Leasehold Property
-
5% - straight line
Plant and machinery
-
15% reducing balance
Office equipment
-
15% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
THE DOWER HOUSE HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 38 (2022 -37).

Page 6

 
THE DOWER HOUSE HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Tangible fixed assets





L/Term Leasehold Property
Plant and machinery
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 December 2022
465,942
470,958
30,291
967,191


Additions
-
1,209
2,580
3,789



At 30 November 2023

465,942
472,167
32,871
970,980



Depreciation


At 1 December 2022
124,255
387,478
24,095
535,828


Charge for the year on owned assets
23,297
12,665
1,316
37,278



At 30 November 2023

147,552
400,143
25,411
573,106



Net book value



At 30 November 2023
318,390
72,024
7,460
397,874



At 30 November 2022
341,687
83,480
6,196
431,363

Page 7

 
THE DOWER HOUSE HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
67,890
57,588

Prepayments and accrued income
17,177
16,125

85,067
73,713



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
102,454
81,788

102,454
81,788



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
46,153
56,875

Other taxation and social security
75,094
73,622

Other creditors
116,642
138,383

Accruals and deferred income
82,374
73,947

320,263
342,827



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
845,446
765,446

845,446
765,446


Page 8

 
THE DOWER HOUSE HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

9.


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 £7,706 (2022 - £8,216).  Contributions totalling £392 (2022 - £620) were payable to the fund at the reporting date and are included in creditors.


10.


Related party transactions

The following details relate to businesses in the directors (and/or their spouses) have an undertaking in and are directors:


2023
2022
£
£

Intervino Limited:
- Purchases
558
-
Pre-Eminent Solutions LLP:
- Provision of accountancy services
37,600
3,000
- Recharged expenses
-
12,289
- Trade creditor balance
-
3,600
The Lennox and Fielding SIPP:
  - Rent
120,000
120,000

Creditors due after more than one year relate to interest free loans provided by the directors, Messrs. Fielding and Lennox.  They do not propose to demand the repayment of the loans within the next 12 months.

 
Page 9