IRIS Accounts Production v24.2.0.383 11781149 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117811492022-12-31117811492023-12-31117811492023-01-012023-12-31117811492021-12-31117811492022-01-012022-12-31117811492022-12-3111781149ns15:EnglandWales2023-01-012023-12-3111781149ns14:PoundSterling2023-01-012023-12-3111781149ns10:Director12023-01-012023-12-3111781149ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3111781149ns10:SmallEntities2023-01-012023-12-3111781149ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3111781149ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3111781149ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3111781149ns10:FullAccounts2023-01-012023-12-3111781149ns10:RegisteredOffice2023-01-012023-12-3111781149ns5:CurrentFinancialInstruments2023-12-3111781149ns5:CurrentFinancialInstruments2022-12-3111781149ns5:Non-currentFinancialInstruments2023-12-3111781149ns5:Non-currentFinancialInstruments2022-12-3111781149ns5:ShareCapital2023-12-3111781149ns5:ShareCapital2022-12-3111781149ns5:RetainedEarningsAccumulatedLosses2023-12-3111781149ns5:RetainedEarningsAccumulatedLosses2022-12-3111781149ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3111781149ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3111781149ns5:CurrentFinancialInstruments2023-01-012023-12-3111781149ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-12-3111781149ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2022-12-31
REGISTERED NUMBER: 11781149 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

L K HOSPITALITIES LIMITED

L K HOSPITALITIES LIMITED (REGISTERED NUMBER: 11781149)

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


L K HOSPITALITIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: G Singh





REGISTERED OFFICE: Flat 11
Bloomfield Court
Bourdon Street
London
W1K 3PU





REGISTERED NUMBER: 11781149 (England and Wales)





ACCOUNTANTS: Arithma LLP
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

L K HOSPITALITIES LIMITED (REGISTERED NUMBER: 11781149)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 524,697 524,697

CURRENT ASSETS
Debtors 5 18,714 18,804
Cash at bank 8,275 10,051
26,989 28,855
CREDITORS
Amounts falling due within one year 6 549,449 214,790
NET CURRENT LIABILITIES (522,460 ) (185,935 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,237

338,762

CREDITORS
Amounts falling due after more than one
year

7

-

312,000
NET ASSETS 2,237 26,762

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 2,227 26,752
2,237 26,762

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 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.

L K HOSPITALITIES LIMITED (REGISTERED NUMBER: 11781149)

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 director and authorised for issue on 3 September 2024 and were signed by:





G Singh - Director


L K HOSPITALITIES LIMITED (REGISTERED NUMBER: 11781149)

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


1. STATUTORY INFORMATION

L K Hospitalities 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.

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.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 524,697
NET BOOK VALUE
At 31 December 2023 524,697
At 31 December 2022 524,697

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 18,714 18,804

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 312,000 -
Tax - 2,541
Other creditors - 7,400
Directors' current accounts 228,974 202,248
Accruals and deferred income 8,475 2,601
549,449 214,790

L K HOSPITALITIES LIMITED (REGISTERED NUMBER: 11781149)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

The bank loan is secured over the company's leasehold property and directors personal guarantee.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 312,000