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REGISTERED NUMBER: 11083271 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

The Avenue Hotel Ltd

The Avenue Hotel Ltd (Registered number: 11083271)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


The Avenue Hotel Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: H Halliwell





REGISTERED OFFICE: Brockhall Village
Blackburn
Lancashire
BB6 8AY





REGISTERED NUMBER: 11083271 (England and Wales)





ACCOUNTANTS: Ribble Valley Accountants Ltd
14 Towneley Parade
Longridge
Preston
Lancashire
PR3 3HU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
The Avenue Hotel Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

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 Avenue Hotel Ltd for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet 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 Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the director of The Avenue Hotel Ltd in accordance with the terms of our engagement letter dated 1 November 2020. Our work has been undertaken solely to prepare for your approval the financial statements of The Avenue Hotel Ltd and state those matters that we have agreed to state to the director of The Avenue Hotel Ltd in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Avenue Hotel Ltd 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 profit of The Avenue Hotel Ltd. You consider that The Avenue Hotel Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Avenue Hotel Ltd. 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.






Ribble Valley Accountants Ltd
14 Towneley Parade
Longridge
Preston
Lancashire
PR3 3HU


28 August 2024

The Avenue Hotel Ltd (Registered number: 11083271)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 9,998 11,665
Tangible assets 5 56,989 67,046
66,987 78,711

CURRENT ASSETS
Stocks 14,500 14,000
Debtors 6 22,484 17,824
Cash at bank and in hand 16,091 13,383
53,075 45,207
CREDITORS
Amounts falling due within one year 7 305,760 321,761
NET CURRENT LIABILITIES (252,685 ) (276,554 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(185,698

)

(197,843

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (186,698 ) (198,843 )
(185,698 ) (197,843 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2024 and were signed by:





H Halliwell - Director


The Avenue Hotel Ltd (Registered number: 11083271)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

The Avenue Hotel Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of twelve years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 16 ) .

The Avenue Hotel Ltd (Registered number: 11083271)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 20,000
AMORTISATION
At 1 December 2022 8,335
Charge for year 1,667
At 30 November 2023 10,002
NET BOOK VALUE
At 30 November 2023 9,998
At 30 November 2022 11,665

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 170,764
DEPRECIATION
At 1 December 2022 103,718
Charge for year 10,057
At 30 November 2023 113,775
NET BOOK VALUE
At 30 November 2023 56,989
At 30 November 2022 67,046

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 22,484 17,824

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 39,346 44,846
Trade creditors 2,804 19,995
Taxation and social security 19,482 33,333
Other creditors 244,128 223,587
305,760 321,761