Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 02706410 Mr Francesco Valoti Mrs Martine Valoti Mr Bruno Cabral Mrs Martine Valoti iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02706410 2023-04-30 02706410 2024-04-30 02706410 2023-05-01 2024-04-30 02706410 frs-core:FurnitureFittings 2023-05-01 2024-04-30 02706410 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 02706410 frs-core:MotorVehicles 2023-05-01 2024-04-30 02706410 frs-core:PlantMachinery 2023-05-01 2024-04-30 02706410 frs-core:ShareCapital 2024-04-30 02706410 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 02706410 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 02706410 frs-bus:AbridgedAccounts 2023-05-01 2024-04-30 02706410 frs-bus:SmallEntities 2023-05-01 2024-04-30 02706410 frs-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 02706410 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 02706410 frs-bus:Director1 2023-05-01 2024-04-30 02706410 frs-bus:Director2 2023-05-01 2024-04-30 02706410 frs-bus:Director3 2023-05-01 2024-04-30 02706410 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 02706410 frs-countries:EnglandWales 2023-05-01 2024-04-30 02706410 2022-04-30 02706410 2023-04-30 02706410 2022-05-01 2023-04-30 02706410 frs-core:ShareCapital 2023-04-30 02706410 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 02706410
Alhambra Hotel Limited
ABRIDGED Financial Statements
For The Year Ended 30 April 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Contents
Page
Accountants' Report 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—5
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Alhambra Hotel Limited For The Year Ended 30 April 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Alhambra Hotel Limited which comprise the Profit and Loss Account, the 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Alhambra Hotel Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Alhambra Hotel Limited and state those matters that we have agreed to state to the directors of Alhambra Hotel Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alhambra Hotel Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Alhambra Hotel Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Alhambra Hotel Limited . You consider that Alhambra Hotel Limited 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 accounts of Alhambra Hotel Limited . 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 financial statements.
Signed
24 July 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Page 1
Page 2
Abridged Balance Sheet
Registered number: 02706410
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,291,546 4,293,382
Investment Properties 5 2,104,916 2,104,916
6,396,462 6,398,298
CURRENT ASSETS
Cash at bank and in hand 2,380,345 1,793,546
2,380,345 1,793,546
Creditors: Amounts Falling Due Within One Year (401,711 ) (329,530 )
NET CURRENT ASSETS (LIABILITIES) 1,978,634 1,464,016
TOTAL ASSETS LESS CURRENT LIABILITIES 8,375,096 7,862,314
NET ASSETS 8,375,096 7,862,314
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Profit and Loss Account 8,374,096 7,861,314
SHAREHOLDERS' FUNDS 8,375,096 7,862,314
Page 2
Page 3
For the year ending 30 April 2024 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 April 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Francesco Valoti
Director
24 July 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
Alhambra Hotel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02706410 . The registered office is CKR House, 70 East Hill, Dartford, Kent, DA1 1RZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Nil
Plant & Machinery 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 20% reducing balance basis
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
Page 4
Page 5
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 3 3
Sales, marketing and distribution 12 13
15 16
4. Tangible Assets
Total
£
Cost
As at 1 May 2023 4,503,248
As at 30 April 2024 4,503,248
Depreciation
As at 1 May 2023 209,866
Provided during the period 1,836
As at 30 April 2024 211,702
Net Book Value
As at 30 April 2024 4,291,546
As at 1 May 2023 4,293,382
5. Investment Property
2024
£
Fair Value
As at 1 May 2023 and 30 April 2024 2,104,916
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
7. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 40,000 85,000
Page 5