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Company Registration No. 05440889 (England and Wales)
Albany Guest House Limited Unaudited accounts for the year ended 31 December 2023
Albany Guest House Limited Unaudited accounts Contents
Page
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Albany Guest House Limited Company Information for the year ended 31 December 2023
Director
C Durcan
Company Number
05440889 (England and Wales)
Registered Office
84 NORTH PARADE GRANTHAM LINCOLNSHIRE NG31 8AU
Accountants
Clearview Accountancy and Finance Ltd Aura Business Centre Manners Road Newark Nottinghamshire NG24 1BS
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Albany Guest House Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
417 
817 
Current assets
Debtors
14,250 
13,600 
Cash at bank and in hand
8,889 
9,833 
23,139 
23,433 
Creditors: amounts falling due within one year
(7,000)
(7,000)
Net current assets
16,139 
16,433 
Total assets less current liabilities
16,556 
17,250 
Creditors: amounts falling due after more than one year
(19,251)
(19,251)
Net liabilities
(2,695)
(2,001)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(2,697)
(2,003)
Shareholders' funds
(2,695)
(2,001)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2024 and were signed on its behalf by
C Durcan Director Company Registration No. 05440889
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Albany Guest House Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Albany Guest House Limited is a private company, limited by shares, registered in England and Wales, registration number 05440889. The registered office is 84 NORTH PARADE, GRANTHAM, LINCOLNSHIRE, NG31 8AU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
12,686 
At 31 December 2023
12,686 
Depreciation
At 1 January 2023
11,869 
Charge for the year
400 
At 31 December 2023
12,269 
Net book value
At 31 December 2023
417 
At 31 December 2022
817 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
14,250 
13,600 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
7,000 
7,000 
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Albany Guest House Limited Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
19,251 
19,251 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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