04323446falsethe provision of guest house accommodation and a licensed restaurant and bar2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:CompanySecretary12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/cd:Director12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/cd:Director22022-12-012023-11-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-11-30http://www.companieshouse.gov.uk/cd:Director32022-12-012023-11-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-11-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-12-012023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32022-12-012023-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-012023-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-012023-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04323446

Gatwick Belmont Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023

Prepared By:
Allan G Hill & Partners
Chenies
Okewood Hill
Dorking
Surrey
RH5 5NB

Gatwick Belmont Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
DIRECTORS
G J Hagerty
Mrs K A Hagerty
K W Hagerty
SECRETARY
G J Hagerty
REGISTERED OFFICE
Chenies
Okewood Hill
Dorking
Surrey
RH5 5NB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04323446
ACCOUNTANTS
Allan G Hill & Partners
Chenies
Okewood Hill
Dorking
Surrey
RH5 5NB

Gatwick Belmont Limited

ACCOUNTS
FOR THEYEARENDED30/11/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Gatwick Belmont Limited

BALANCE SHEET AT 30/11/2023
20232022
Notes££
FIXED ASSETS
Tangible assets220,70426,187
CURRENT ASSETS
Stock512468
Debtors460,2716,541
Cash at bank and in hand436,253178,892
497,036185,901
CREDITORS: Amounts falling due within one year5156,542105,824
NET CURRENT ASSETS340,49480,077
TOTAL ASSETS LESS CURRENT LIABILITIES361,198106,264
PROVISIONS FOR LIABILITIES AND CHARGES73,9344,863
NET ASSETS357,264101,401
CAPITAL AND RESERVES
Called up share capital81,3251,325
Profit and loss account355,939100,076
SHAREHOLDERS' FUNDS357,264101,401
For the year ending 30/11/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 30/08/2024 and signed on their behalf by
.............................
G J Hagerty
Director

Gatwick Belmont Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
The Company is insolvent at the Balance Sheet date. The Directors are confident that the Company will continue to generate ongoing profits in the near future due to the recent expansion of the Hotel and subsequent economies of scale.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 20%
Fixtures and Fittingsreducing balance 25%
Equipmentstraight line 33%
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1f. Leases
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Gatwick Belmont Limited

2. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsEquipmentTotal
££££
Cost
At 01/12/2022191,23292,9742,702286,908
At 30/11/2023191,23292,9742,702286,908
Depreciation
At 01/12/2022166,62092,0652,036260,721
For the year4,9232273335,483
At 30/11/2023171,54392,2922,369266,204
Net Book Amounts
At 30/11/202319,68968233320,704
At 30/11/202224,61290966626,187
3. STOCK 20232022
££
Stock comprises:
Stock512468
512468
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors49,086-
Prepayments11,1856,541
60,2716,541
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax139,40651,325
VAT8,01227,975
PAYE control2,2112,084
Directors current account358196
Other creditors6,11523,768
Pension schemes440476
156,542105,824

Gatwick Belmont Limited

6. EMPLOYEES
20232022
No.No.
Average number of employees55
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation3,9344,863
3,9344,863
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1125 Ordinary shares of £1 each11251125
100 Ordinary A shares of £1 each100100
100 Ordinary B shares of £1 each100100
1,3251,325
New shares issued during period:
125 Ordinary shares of £1 each125125
100 Ordinary A shares of £1 each100100
100 Ordinary B shares of £1 each100100
9. CONTROLLING PARTY
The company has been controlled since its incorporation by its directors, by virtue of the fact that between them they own all of the company's issued ordinary share capital.