IRIS Accounts Production v24.2.0.383 04583633 director 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045836332022-12-31045836332023-12-31045836332023-01-012023-12-31045836332021-12-31045836332022-01-012022-12-31045836332022-12-3104583633ns15:EnglandWales2023-01-012023-12-3104583633ns14:PoundSterling2023-01-012023-12-3104583633ns10:Director12023-01-012023-12-3104583633ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104583633ns10:SmallEntities2023-01-012023-12-3104583633ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3104583633ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104583633ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104583633ns10:FullAccounts2023-01-012023-12-310458363312023-01-012023-12-3104583633ns10:CompanySecretary12023-01-012023-12-3104583633ns10:RegisteredOffice2023-01-012023-12-3104583633ns5:CurrentFinancialInstruments2023-12-3104583633ns5:CurrentFinancialInstruments2022-12-3104583633ns5:Non-currentFinancialInstruments2023-12-3104583633ns5:Non-currentFinancialInstruments2022-12-3104583633ns5:ShareCapital2023-12-3104583633ns5:ShareCapital2022-12-3104583633ns5:RevaluationReserve2023-12-3104583633ns5:RevaluationReserve2022-12-3104583633ns5:RetainedEarningsAccumulatedLosses2023-12-3104583633ns5:RetainedEarningsAccumulatedLosses2022-12-3104583633ns5:NetGoodwill2023-01-012023-12-3104583633ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3104583633ns5:LeaseholdImprovements2023-01-012023-12-3104583633ns5:FurnitureFittings2023-01-012023-12-3104583633ns5:MotorVehicles2023-01-012023-12-3104583633ns5:ComputerEquipment2023-01-012023-12-3104583633ns5:NetGoodwill2022-12-3104583633ns5:IntangibleAssetsOtherThanGoodwill2022-12-3104583633ns5:NetGoodwill2023-12-3104583633ns5:IntangibleAssetsOtherThanGoodwill2023-12-3104583633ns5:NetGoodwill2022-12-3104583633ns5:IntangibleAssetsOtherThanGoodwill2022-12-3104583633ns5:LandBuildings2022-12-3104583633ns5:LeaseholdImprovements2022-12-3104583633ns5:FurnitureFittings2022-12-3104583633ns5:LandBuildings2023-01-012023-12-3104583633ns5:LandBuildings2023-12-3104583633ns5:LeaseholdImprovements2023-12-3104583633ns5:FurnitureFittings2023-12-3104583633ns5:LandBuildings2022-12-3104583633ns5:LeaseholdImprovements2022-12-3104583633ns5:FurnitureFittings2022-12-3104583633ns5:MotorVehicles2022-12-3104583633ns5:ComputerEquipment2022-12-3104583633ns5:MotorVehicles2023-12-3104583633ns5:ComputerEquipment2023-12-3104583633ns5:MotorVehicles2022-12-3104583633ns5:ComputerEquipment2022-12-3104583633ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3104583633ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3104583633ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-12-3104583633ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2022-12-3104583633ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-3104583633ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-12-3104583633ns5:RevaluationReserve2022-12-31045836331ns10:Director12022-12-31045836331ns10:Director12021-12-31045836331ns10:Director12023-01-012023-12-31045836331ns10:Director12022-01-012022-12-31045836331ns10:Director12023-12-31045836331ns10:Director12022-12-31
REGISTERED NUMBER: 04583633 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Longview Hotel Limited

Longview Hotel Limited (Registered number: 04583633)






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

Chartered Accountants' Report 9

Longview Hotel Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr S M Ahooie





SECRETARY: Mrs A Ahooie





REGISTERED OFFICE: Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR





REGISTERED NUMBER: 04583633 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR

Longview Hotel Limited (Registered number: 04583633)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 10,000 12,500
Tangible assets 5 2,130,328 2,149,490
2,140,328 2,161,990

CURRENT ASSETS
Debtors 6 8,094 11,349
Cash at bank and in hand 449 446
8,543 11,795
CREDITORS
Amounts falling due within one year 7 (94,778 ) (97,841 )
NET CURRENT LIABILITIES (86,235 ) (86,046 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,054,093

2,075,944

CREDITORS
Amounts falling due after more than one
year

8

(468,914

)

(391,900

)

PROVISIONS FOR LIABILITIES (104,904 ) (10,454 )
NET ASSETS 1,480,275 1,673,590

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 9 570,973 704,905
Retained earnings 909,300 968,683
SHAREHOLDERS' FUNDS 1,480,275 1,673,590

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.

Longview Hotel Limited (Registered number: 04583633)

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 25 September 2024 and were signed by:





Mr S M Ahooie - Director


Longview Hotel Limited (Registered number: 04583633)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Longview Hotel 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

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.

Computer software is being amortised evenly over its estimated useful life of 5 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 15% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Longview Hotel Limited (Registered number: 04583633)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 50,000 8,652 58,652
AMORTISATION
At 1 January 2023 37,500 8,652 46,152
Charge for year 2,500 - 2,500
At 31 December 2023 40,000 8,652 48,652
NET BOOK VALUE
At 31 December 2023 10,000 - 10,000
At 31 December 2022 12,500 - 12,500

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings
£    £    £   
COST OR VALUATION
At 1 January 2023 2,074,160 70,312 408,827
Additions - 42,385 5,746
Disposals - (70,312 ) (408,827 )
At 31 December 2023 2,074,160 42,385 5,746
DEPRECIATION
At 1 January 2023 - 34,383 371,228
Charge for year - 6,358 862
Eliminated on disposal - (34,383 ) (371,228 )
At 31 December 2023 - 6,358 862
NET BOOK VALUE
At 31 December 2023 2,074,160 36,027 4,884
At 31 December 2022 2,074,160 35,929 37,599

Longview Hotel Limited (Registered number: 04583633)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST OR VALUATION
At 1 January 2023 - 17,071 2,570,370
Additions 18,333 696 67,160
Disposals - (17,072 ) (496,211 )
At 31 December 2023 18,333 695 2,141,319
DEPRECIATION
At 1 January 2023 - 15,269 420,880
Charge for year 3,667 105 10,992
Eliminated on disposal - (15,270 ) (420,881 )
At 31 December 2023 3,667 104 10,991
NET BOOK VALUE
At 31 December 2023 14,666 591 2,130,328
At 31 December 2022 - 1,802 2,149,490

Cost or valuation at 31 December 2023 is represented by:

Improvements Fixtures
Freehold to and
property property fittings
£    £    £   
Valuation in 2005 544,578 - -
Valuation in 2014 (408,833 ) - -
Valuation in 2016 750,000 - -
Valuation in 2022 (180,840 ) - -
Cost 1,369,255 42,385 5,746
2,074,160 42,385 5,746

Motor Computer
vehicles equipment Totals
£    £    £   
Valuation in 2005 - - 544,578
Valuation in 2014 - - (408,833 )
Valuation in 2016 - - 750,000
Valuation in 2022 - - (180,840 )
Cost 18,333 695 1,436,414
18,333 695 2,141,319

Longview Hotel Limited (Registered number: 04583633)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. TANGIBLE FIXED ASSETS - continued

If freehold property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 1,240,000 1,240,000

Value of land in freehold land and buildings 2,074,160 2,074,160

Freehold property was valued on an open market basis on 31 December 2023 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Payments on account 1,445 3,857
Social security - 224
VAT - 3,241
Prepayments 6,649 4,027
8,094 11,349

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 31,118 28,699
Trade creditors 8,007 18,035
Social security and other taxes 21 -
Shareholder loan account 47,562 47,562
Accrued expenses 8,070 3,545
94,778 97,841

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,768 10,768
Bank loans - 2-5 years 8,722 18,600
Other creditors 170,682 171,419
Directors' loan accounts 278,742 191,113
468,914 391,900

9. RESERVES
Revaluation
reserve
£   
At 1 January 2023 704,905
Freehold property (133,932 )

At 31 December 2023 570,973

Longview Hotel Limited (Registered number: 04583633)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

10. OTHER FINANCIAL COMMITMENTS

Longview Hotel Limited has outstanding financial commitments in relation to that of a car lease totalling £62,065 (2022: £Nil).

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
Mr S M Ahooie
Balance outstanding at start of year (191,113 ) (136,875 )
Amounts advanced 2,171 -
Amounts repaid (89,800 ) (54,238 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (278,742 ) (191,113 )

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs Ahooie, who each own a 50% shareholding.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Longview Hotel Limited (Registered number: 04583633)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Longview Hotel Limited for the year ended 31 December 2023 which comprise the Income Statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Longview Hotel Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Longview Hotel Limited and state those matters that we have agreed to state to the director of Longview Hotel Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Longview Hotel Limited and its director for our work or for this report.

It is your duty to ensure that Longview Hotel Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Longview Hotel Limited. You consider that Longview 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 financial statements of Longview 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 statutory financial statements.






Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR


Date: .............................................