NOWELL HOTELS LIMITED

Company Registration Number:
04792332 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

NOWELL HOTELS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

NOWELL HOTELS LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 208,834 215,795
Tangible assets: 4 901,017 929,618
Investments:   0 0
Total fixed assets: 1,109,851 1,145,413
Current assets
Stocks: 27,490 8,742
Debtors:   95,258 16,840
Cash at bank and in hand: 16,047 30,636
Investments:   0 0
Total current assets: 138,795 56,218
Creditors: amounts falling due within one year:   (530,645) (417,181)
Net current assets (liabilities): (391,850) (360,963)
Total assets less current liabilities: 718,001 784,450
Creditors: amounts falling due after more than one year:   (770,216) (822,350)
Provision for liabilities: (25,842) (26,918)
Total net assets (liabilities): (78,057) (64,818)
Capital and reserves
Called up share capital: 100,001 100,001
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (178,058) (164,819)
Shareholders funds: (78,057) (64,818)

The notes form part of these financial statements

NOWELL HOTELS LIMITED

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 August 2024
and signed on behalf of the board by:

Name: Mr Gerald John Reilly
Status: Director

The notes form part of these financial statements

NOWELL HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NOWELL HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 59 55

NOWELL HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible Assets

Total
Cost £
At 01 December 2022 515,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 November 2023 515,000
Amortisation
At 01 December 2022 299,205
Charge for year 6,961
On disposals 0
Other adjustments 0
At 30 November 2023 306,166
Net book value
At 30 November 2023 208,834
At 30 November 2022 215,795

NOWELL HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible Assets

Total
Cost £
At 01 December 2022 1,755,716
Additions 9,052
Disposals 0
Revaluations 0
Transfers 0
At 30 November 2023 1,764,768
Depreciation
At 01 December 2022 826,098
Charge for year 37,653
On disposals 0
Other adjustments 0
At 30 November 2023 863,751
Net book value
At 30 November 2023 901,017
At 30 November 2022 929,618