IRIS Accounts Production v24.2.0.383 11111141 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111111412022-12-31111111412023-12-31111111412023-01-012023-12-31111111412022-01-02111111412022-01-032022-12-31111111412022-12-3111111141ns15:EnglandWales2023-01-012023-12-3111111141ns14:PoundSterling2023-01-012023-12-3111111141ns10:Director12023-01-012023-12-3111111141ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3111111141ns10:SmallEntities2023-01-012023-12-3111111141ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3111111141ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3111111141ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3111111141ns10:FullAccounts2023-01-012023-12-311111114112023-01-012023-12-3111111141ns10:OrdinaryShareClass12023-01-012023-12-3111111141ns10:Director22023-01-012023-12-3111111141ns10:RegisteredOffice2023-01-012023-12-3111111141ns5:CurrentFinancialInstruments2023-12-3111111141ns5:CurrentFinancialInstruments2022-12-3111111141ns5:Non-currentFinancialInstruments2023-12-3111111141ns5:Non-currentFinancialInstruments2022-12-3111111141ns5:ShareCapital2023-12-3111111141ns5:ShareCapital2022-12-3111111141ns5:RetainedEarningsAccumulatedLosses2023-12-3111111141ns5:RetainedEarningsAccumulatedLosses2022-12-3111111141ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111111141ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-01-012023-12-3111111141ns5:ShortLeaseholdAssetsns5:LandBuildings2023-01-012023-12-3111111141ns5:PlantMachinery2023-01-012023-12-3111111141ns5:FurnitureFittings2023-01-012023-12-3111111141ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-3111111141ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-12-3111111141ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-3111111141ns5:LandBuildings2022-12-3111111141ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-3111111141ns5:PlantMachinery2022-12-3111111141ns5:FurnitureFittings2022-12-3111111141ns5:LandBuildings2023-01-012023-12-3111111141ns5:LandBuildings2023-12-3111111141ns5:ShortLeaseholdAssetsns5:LandBuildings2023-12-3111111141ns5:PlantMachinery2023-12-3111111141ns5:FurnitureFittings2023-12-3111111141ns5:LandBuildings2022-12-3111111141ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-3111111141ns5:PlantMachinery2022-12-3111111141ns5:FurnitureFittings2022-12-3111111141ns5:CostValuation2022-12-3111111141ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3111111141ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3111111141ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-12-3111111141ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-12-3111111141ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 11111141 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DOMA HOSPITALITY LIMITED

DOMA HOSPITALITY LIMITED (REGISTERED NUMBER: 11111141)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DOMA HOSPITALITY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M H Bakr-Ibrahim
D M Moussa





REGISTERED OFFICE: 59 Pall Mall
6th Floor
London
SW1Y 5JH





REGISTERED NUMBER: 11111141 (England and Wales)





ACCOUNTANTS: Sage & Co
Chartered Accountants
38A High Street
Northwood
Middlesex
HA6 1BN

DOMA HOSPITALITY LIMITED (REGISTERED NUMBER: 11111141)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 140,195 229,558
Tangible assets 5 603,226 808,693
Investments 6 2 2
743,423 1,038,253

CURRENT ASSETS
Debtors 7 907,798 547,814
Cash at bank 226 307
908,024 548,121
CREDITORS
Amounts falling due within one year 8 13,910 102,016
NET CURRENT ASSETS 894,114 446,105
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,637,537

1,484,358

CREDITORS
Amounts falling due after more than
one year

9

2,861,259

2,270,759
NET LIABILITIES (1,223,722 ) (786,401 )

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings (1,223,723 ) (786,402 )
SHAREHOLDERS' FUNDS (1,223,722 ) (786,401 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DOMA HOSPITALITY LIMITED (REGISTERED NUMBER: 11111141)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





M H Bakr-Ibrahim - Director


DOMA HOSPITALITY LIMITED (REGISTERED NUMBER: 11111141)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Doma Hospitality Limited 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.

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.

The company is dependent on support from its shareholders in order to meet its liabilities as they fall due. The shareholder has committed to provide the company with financial support, if required, for a period of at least twelve months from the date the financial statements are approved. Accordingly, the directors consider that it is appropriate to prepare the financial statements on a going concern basis.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any impairment.


DOMA HOSPITALITY LIMITED (REGISTERED NUMBER: 11111141)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued
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.

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 3 (2022 - 2 ) .

DOMA HOSPITALITY LIMITED (REGISTERED NUMBER: 11111141)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 January 2023 258,868
Disposals (79,345 )
At 31 December 2023 179,523
AMORTISATION
At 1 January 2023 29,310
Amortisation for year 17,952
Eliminated on disposal (7,934 )
At 31 December 2023 39,328
NET BOOK VALUE
At 31 December 2023 140,195
At 31 December 2022 229,558

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Short Plant and and
property leasehold machinery fittings Totals
£    £    £    £    £   
COST
At 1 January 2023 204,064 78,044 367,642 344,098 993,848
Additions - - - 33,866 33,866
Disposals - (78,044 ) - - (78,044 )
Reclassification/transfer (204,064 ) 204,064 - - -
At 31 December 2023 - 204,064 367,642 377,964 949,670
DEPRECIATION
At 1 January 2023 21,540 8,238 72,491 82,886 185,155
Charge for year - 20,406 73,528 75,593 169,527
Eliminated on disposal - (8,238 ) - - (8,238 )
Reclassification/transfer (21,540 ) 21,540 - - -
At 31 December 2023 - 41,946 146,019 158,479 346,444
NET BOOK VALUE
At 31 December 2023 - 162,118 221,623 219,485 603,226
At 31 December 2022 182,524 69,806 295,151 261,212 808,693

DOMA HOSPITALITY LIMITED (REGISTERED NUMBER: 11111141)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 2
NET BOOK VALUE
At 31 December 2023 2
At 31 December 2022 2

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 895,425 521,324
Other debtors 1,376 16,047
VAT 10,997 10,443
907,798 547,814

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 8,301 15,984
Social security and other taxes 5,608 5,813
Other creditors 1 80,219
13,910 102,016

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans 2,471,259 2,215,759
Directors' loan accounts 390,000 55,000
2,861,259 2,270,759

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1