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REGISTERED NUMBER: 05889765 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE LYNDEN COURT HOTEL LIMITED

THE LYNDEN COURT HOTEL LIMITED (REGISTERED NUMBER: 05889765)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE LYNDEN COURT HOTEL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr R I Patel
Mr C R Patel





SECRETARY: Mr R I Patel





REGISTERED OFFICE: 28 Rathbone Place
London
W1T 1JF





REGISTERED NUMBER: 05889765 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

THE LYNDEN COURT HOTEL LIMITED (REGISTERED NUMBER: 05889765)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 822,388

CURRENT ASSETS
Stocks 5 - 1,835
Debtors 6 494,020 3,204
Cash at bank and in hand 875,583 120,057
1,369,603 125,096
CREDITORS
Amounts falling due within one year 7 53,852 67,412
NET CURRENT ASSETS 1,315,751 57,684
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,315,751

880,072

CREDITORS
Amounts falling due after more than one
year

8

66,514

66,514
NET ASSETS 1,249,237 813,558

CAPITAL AND RESERVES
Called up share capital 9 400 400
Revaluation reserve 10 - 40,392
Retained earnings 1,248,837 772,766
SHAREHOLDERS' FUNDS 1,249,237 813,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

THE LYNDEN COURT HOTEL LIMITED (REGISTERED NUMBER: 05889765)

BALANCE SHEET - continued
31 MARCH 2024


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by:





Mr C R Patel - Director


THE LYNDEN COURT HOTEL LIMITED (REGISTERED NUMBER: 05889765)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

The Lynden Court 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 invoiced accommodation services and is recognised at the date the service was provided. This is stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 15% on reducing balance

The company's properties are held for long-term investment and are included in the Balance Sheet at their open market values. The surplus or deficit on revaluation of such properties are transferred to the investment property revaluation reserve. Depreciation is not provided in respect of freehold investment properties. This policy represents a departure from statutory accounting principles, which require depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the Accounts may give a true and fair view because current values and changes in current values are prime importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the valuation and the amount which might otherwise have been shown cannot separately identified or quantified.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

THE LYNDEN COURT HOTEL LIMITED (REGISTERED NUMBER: 05889765)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings
£    £    £   
COST OR VALUATION
At 1 April 2023 794,740 5,000 167,671
Additions - 25,000 -
Disposals (794,740 ) (30,000 ) (167,671 )
At 31 March 2024 - - -
DEPRECIATION
At 1 April 2023 - - 147,448
Eliminated on disposal - - (147,448 )
At 31 March 2024 - - -
NET BOOK VALUE
At 31 March 2024 - - -
At 31 March 2023 794,740 5,000 20,223

Motor Computer
vehicles equipment Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 1,500 5,032 973,943
Additions - - 25,000
Disposals (1,500 ) (5,032 ) (998,943 )
At 31 March 2024 - - -
DEPRECIATION
At 1 April 2023 1,405 2,702 151,555
Eliminated on disposal (1,405 ) (2,702 ) (151,555 )
At 31 March 2024 - - -
NET BOOK VALUE
At 31 March 2024 - - -
At 31 March 2023 95 2,330 822,388

Cost or valuation at 31 March 2024 is represented by:

THE LYNDEN COURT HOTEL LIMITED (REGISTERED NUMBER: 05889765)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS - continued

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

31.3.24 31.3.23
£    £   
Cost 754,348 754,348
Aggregate depreciation 75,435 75,435

The freehold property was valued on an open market basis on 31 March 2016 by the directors .

5. STOCKS
31.3.24 31.3.23
£    £   
Stocks - 1,835

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amount due from related
company 489,707 -
VAT 4,313 -
Prepayments and accrued income - 3,204
494,020 3,204

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 2,874 6,724
Tax 47,244 12,251
Social security and other taxes - 3,371
VAT - 7,533
Other creditors - 240
Amount due to related company - 35,293
Accrued expenses 3,734 2,000
53,852 67,412

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Directors loan account 66,514 66,514

THE LYNDEN COURT HOTEL LIMITED (REGISTERED NUMBER: 05889765)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
400 Ordinary shares £1 400 400

10. RESERVES
Revaluation
reserve
£   
At 1 April 2023 40,392
Revaluation realised (40,392 )

At 31 March 2024 -

11. ULTIMATE CONTROLLING PARTY

The controlling party is the directors.