Company Registration No. 12241049 (England and Wales)
HOTELWALA LTD
Unaudited accounts
for the year ended 31 October 2023
HOTELWALA LTD
Unaudited accounts
Contents
HOTELWALA LTD
Company Information
for the year ended 31 October 2023
Director
KHADIJA KHANUM MALIK
Company Number
12241049 (England and Wales)
Registered Office
THE LADBROOKE
28-35 BORDESLEY STREET
BIRMINGHAM
B5 5BL
UNITED KINGDOM
Accountants
Certified Accountants and Tax Advisors
2 Norman Road
Thornton Heath
Surrey
CR7 7ED
HOTELWALA LTD
Statement of financial position
as at 31 October 2023
Tangible assets
1,376,029
610,367
Cash at bank and in hand
830
67,647
Creditors: amounts falling due within one year
(1,427,595)
(802,514)
Net current liabilities
(895,813)
(203,915)
Total assets less current liabilities
480,216
406,452
Creditors: amounts falling due after more than one year
(31,490)
(40,309)
Net assets
448,726
366,143
Called up share capital
100
100
Profit and loss account
448,626
366,043
Shareholders' funds
448,726
366,143
For the year ending 31 October 2023 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2024 and were signed on its behalf by
KHADIJA KHANUM MALIK
Director
Company Registration No. 12241049
HOTELWALA LTD
Notes to the Accounts
for the year ended 31 October 2023
HOTELWALA LTD is a private company, limited by shares, registered in England and Wales, registration number 12241049. The registered office is THE LADBROOKE, 28-35 BORDESLEY STREET, BIRMINGHAM, B5 5BL, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 November 2022
608,962
2,025
610,987
Additions
765,929
-
765,929
At 31 October 2023
1,374,891
2,025
1,376,916
At 1 November 2022
-
620
620
Charge for the year
-
267
267
At 31 October 2023
-
887
887
At 31 October 2023
1,374,891
1,138
1,376,029
At 31 October 2022
608,962
1,405
610,367
Amounts falling due after more than one year
Accrued income and prepayments
40,000
40,000
Other debtors
490,952
490,952
HOTELWALA LTD
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
29,220
8,908
Other creditors
84,545
84,545
Loans from directors
1,153,859
609,194
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 11).