IRIS Accounts Production v24.2.0.383 08768789 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087687892022-11-30087687892023-11-30087687892022-12-012023-11-30087687892021-11-30087687892021-12-012022-11-30087687892022-11-3008768789ns15:EnglandWales2022-12-012023-11-3008768789ns14:PoundSterling2022-12-012023-11-3008768789ns10:Director12022-12-012023-11-3008768789ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3008768789ns10:SmallEntities2022-12-012023-11-3008768789ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3008768789ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3008768789ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008768789ns10:FullAccounts2022-12-012023-11-3008768789ns5:CurrentFinancialInstruments2023-11-3008768789ns5:CurrentFinancialInstruments2022-11-3008768789ns5:Non-currentFinancialInstruments2023-11-3008768789ns5:Non-currentFinancialInstruments2022-11-3008768789ns5:ShareCapital2023-11-3008768789ns5:ShareCapital2022-11-3008768789ns5:RetainedEarningsAccumulatedLosses2023-11-3008768789ns5:RetainedEarningsAccumulatedLosses2022-11-3008768789ns10:RegisteredOffice2022-12-012023-11-3008768789ns5:FurnitureFittings2022-12-012023-11-3008768789ns5:MotorVehicles2022-12-012023-11-3008768789ns5:FurnitureFittings2022-11-3008768789ns5:MotorVehicles2022-11-3008768789ns5:FurnitureFittings2023-11-3008768789ns5:MotorVehicles2023-11-3008768789ns5:FurnitureFittings2022-11-3008768789ns5:MotorVehicles2022-11-3008768789ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-11-3008768789ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-012023-11-3008768789ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-11-3008768789ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-11-3008768789ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3008768789ns5:WithinOneYearns5:CurrentFinancialInstruments2022-11-3008768789ns5:Secured2023-11-3008768789ns5:Secured2022-11-30
REGISTERED NUMBER: 08768789 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Symphony Hospitality Limited

Symphony Hospitality Limited (Registered number: 08768789)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Symphony Hospitality Limited (Registered number: 08768789)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,619 13,921

CURRENT ASSETS
Debtors 5 27,211 30,529

CREDITORS
Amounts falling due within one year 6 67,850 48,114
NET CURRENT LIABILITIES (40,639 ) (17,585 )
TOTAL ASSETS LESS CURRENT LIABILITIES (30,020 ) (3,664 )

CREDITORS
Amounts falling due after more than one year 7 (10,382 ) (16,452 )

PROVISIONS FOR LIABILITIES - (378 )
NET LIABILITIES (40,402 ) (20,494 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (40,502 ) (20,594 )
SHAREHOLDERS' FUNDS (40,402 ) (20,494 )

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 Profit and Loss Account has not been delivered.

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





A M Milner - Director


Symphony Hospitality Limited (Registered number: 08768789)

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

1. STATUTORY INFORMATION

Symphony Hospitality Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08768789

Registered office: The Kitchen
Sanbach Rugby Union Football Club
Bradwall Road
Sandbach
Cheshire
CW11 1RA

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.

Going Concern
The director continues to offer his ongoing support in view of the losses and is the main creditor of the company.

Turnover
Turnover represents gross sales of services, including value added tax.
Revenue is recognised as the company becomes entitled to consideration for the services supplied.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures,fittings & equipment - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Symphony Hospitality Limited (Registered number: 08768789)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,fittings Motor
& equipment vehicles Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 17,402 13,800 31,202
DEPRECIATION
At 1 December 2022 13,831 3,450 17,281
Charge for year 714 2,588 3,302
At 30 November 2023 14,545 6,038 20,583
NET BOOK VALUE
At 30 November 2023 2,857 7,762 10,619
At 30 November 2022 3,571 10,350 13,921

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 December 2022
and 30 November 2023 13,800
DEPRECIATION
At 1 December 2022 3,450
Charge for year 2,588
At 30 November 2023 6,038
NET BOOK VALUE
At 30 November 2023 7,762
At 30 November 2022 10,350

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 27,211 30,529

Symphony Hospitality Limited (Registered number: 08768789)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 11,677 10,952
Hire purchase contracts 2,518 2,518
Other creditors 53,655 34,644
67,850 48,114

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 6,000 10,000
Hire purchase contracts 4,382 6,452
10,382 16,452

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 7,677 6,952
Bank loans 10,000 14,000
17,677 20,952

The bank overdraft is secured by personal guarantee. The hire purchase contract is secured against the asset to which it relates.