Hospitality Operations Limited 07990559 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is to provide payroll services to Topland (Royal Crescent Hotel) Limited Digita Accounts Production Advanced 6.30.9574.0 true 07990559 2023-04-01 2024-03-31 07990559 2024-03-31 07990559 core:CurrentFinancialInstruments 2024-03-31 07990559 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07990559 core:FurnitureFittingsToolsEquipment 2024-03-31 07990559 bus:SmallEntities 2023-04-01 2024-03-31 07990559 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07990559 bus:FilletedAccounts 2023-04-01 2024-03-31 07990559 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07990559 bus:RegisteredOffice 2023-04-01 2024-03-31 07990559 bus:Director1 2023-04-01 2024-03-31 07990559 bus:Director3 2023-04-01 2024-03-31 07990559 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07990559 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 07990559 core:OfficeEquipment 2023-04-01 2024-03-31 07990559 countries:UnitedKingdom 2023-04-01 2024-03-31 07990559 2023-03-31 07990559 core:FurnitureFittingsToolsEquipment 2023-03-31 07990559 2022-04-01 2023-03-31 07990559 2023-03-31 07990559 core:CurrentFinancialInstruments 2023-03-31 07990559 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07990559 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 07990559

Hospitality Operations Limited

Filleted Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 March 2024

 

Hospitality Operations Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 6

 

Hospitality Operations Limited

Company Information

Directors

Mr CW Hillier

Mr BJRW Godon

Registered office

4 The Shaw
Tunbridge Wells
TN2 5BD

Accountants

HSJ Accountants Ltd
Severn House
Hazell Drive
Newport
South Wales
NP10 8FY

 

Hospitality Operations Limited

(Registration number: 07990559)
Abridged Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

994

879

Current assets

 

Debtors

2,804

4,018

Cash at bank and in hand

 

78,001

73,055

 

80,805

77,073

Prepayments and accrued income

 

175

160

Creditors: Amounts falling due within one year

(71,226)

(66,939)

Net current assets

 

9,754

10,294

Total assets less current liabilities

 

10,748

11,173

Accruals and deferred income

 

(1,155)

(1,155)

Net assets

 

9,593

10,018

Capital and reserves

 

Called up share capital

5

100

100

Retained earnings

9,493

9,918

Shareholders' funds

 

9,593

10,018

 

Hospitality Operations Limited

(Registration number: 07990559)
Abridged Balance Sheet as at 31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 October 2024 and signed on its behalf by:
 

.........................................

Mr CW Hillier
Director

 

Hospitality Operations Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
4 The Shaw
Tunbridge Wells
TN2 5BD

These financial statements were authorised for issue by the Board on 8 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Hospitality Operations Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Hospitality Operations Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 April 2023

3,548

3,548

Additions

716

716

At 31 March 2024

4,264

4,264

Depreciation

At 1 April 2023

2,669

2,669

Charge for the year

601

601

At 31 March 2024

3,270

3,270

Carrying amount

At 31 March 2024

994

994

At 31 March 2023

879

879

5

Share capital

Allotted, called up shares

 

2024

2023

 

No.

£

No.

£

Ordinary of £1 each

100

100

100

100