2023-04-012024-03-312024-03-31false12999295INN HOSPITALITY GROUP LTD.2024-09-0956302iso4217:GBPxbrli:pure129992952023-04-01129992952024-03-31129992952023-04-012024-03-31129992952021-12-01129992952023-03-31129992952021-12-012023-03-3112999295bus:SmallEntities2023-04-012024-03-3112999295bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3112999295bus:AbridgedAccounts2023-04-012024-03-3112999295bus:PrivateLimitedCompanyLtd2023-04-012024-03-3112999295core:WithinOneYear2024-03-3112999295core:AfterOneYear2024-03-3112999295core:WithinOneYear2023-03-3112999295core:AfterOneYear2023-03-3112999295core:ShareCapital2024-03-3112999295core:SharePremium2024-03-3112999295core:RevaluationReserve2024-03-3112999295core:OtherReservesSubtotal2024-03-3112999295core:RetainedEarningsAccumulatedLosses2024-03-3112999295core:ShareCapital2023-03-3112999295core:SharePremium2023-03-3112999295core:RevaluationReserve2023-03-3112999295core:OtherReservesSubtotal2023-03-3112999295core:RetainedEarningsAccumulatedLosses2023-03-3112999295core:LandBuildings2024-03-3112999295core:PlantMachinery2024-03-3112999295core:Vehicles2024-03-3112999295core:FurnitureFittings2024-03-3112999295core:OfficeEquipment2024-03-3112999295core:NetGoodwill2024-03-3112999295core:IntangibleAssetsOtherThanGoodwill2024-03-3112999295core:ListedExchangeTraded2024-03-3112999295core:UnlistedNon-exchangeTraded2024-03-3112999295core:LandBuildings2023-03-3112999295core:PlantMachinery2023-03-3112999295core:Vehicles2023-03-3112999295core:FurnitureFittings2023-03-3112999295core:OfficeEquipment2023-03-3112999295core:NetGoodwill2023-03-3112999295core:IntangibleAssetsOtherThanGoodwill2023-03-3112999295core:ListedExchangeTraded2023-03-3112999295core:UnlistedNon-exchangeTraded2023-03-3112999295core:LandBuildings2023-04-012024-03-3112999295core:PlantMachinery2023-04-012024-03-3112999295core:Vehicles2023-04-012024-03-3112999295core:FurnitureFittings2023-04-012024-03-3112999295core:OfficeEquipment2023-04-012024-03-3112999295core:NetGoodwill2023-04-012024-03-3112999295core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112999295core:ListedExchangeTraded2023-04-012024-03-3112999295core:UnlistedNon-exchangeTraded2023-04-012024-03-3112999295core:MoreThanFiveYears2023-04-012024-03-3112999295core:Non-currentFinancialInstruments2024-03-3112999295core:Non-currentFinancialInstruments2023-03-3112999295dpl:CostSales2023-04-012024-03-3112999295dpl:DistributionCosts2023-04-012024-03-3112999295core:LandBuildings2023-04-012024-03-3112999295core:PlantMachinery2023-04-012024-03-3112999295core:Vehicles2023-04-012024-03-3112999295core:FurnitureFittings2023-04-012024-03-3112999295core:OfficeEquipment2023-04-012024-03-3112999295dpl:AdministrativeExpenses2023-04-012024-03-3112999295core:NetGoodwill2023-04-012024-03-3112999295core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112999295dpl:GroupUndertakings2023-04-012024-03-3112999295dpl:ParticipatingInterests2023-04-012024-03-3112999295dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3112999295core:ListedExchangeTraded2023-04-012024-03-3112999295dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3112999295core:UnlistedNon-exchangeTraded2023-04-012024-03-3112999295dpl:CostSales2021-12-012023-03-3112999295dpl:DistributionCosts2021-12-012023-03-3112999295core:LandBuildings2021-12-012023-03-3112999295core:PlantMachinery2021-12-012023-03-3112999295core:Vehicles2021-12-012023-03-3112999295core:FurnitureFittings2021-12-012023-03-3112999295core:OfficeEquipment2021-12-012023-03-3112999295dpl:AdministrativeExpenses2021-12-012023-03-3112999295core:NetGoodwill2021-12-012023-03-3112999295core:IntangibleAssetsOtherThanGoodwill2021-12-012023-03-3112999295dpl:GroupUndertakings2021-12-012023-03-3112999295dpl:ParticipatingInterests2021-12-012023-03-3112999295dpl:GroupUndertakingscore:ListedExchangeTraded2021-12-012023-03-3112999295core:ListedExchangeTraded2021-12-012023-03-3112999295dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-12-012023-03-3112999295core:UnlistedNon-exchangeTraded2021-12-012023-03-3112999295core:NetGoodwill2024-03-3112999295core:IntangibleAssetsOtherThanGoodwill2024-03-3112999295core:LandBuildings2024-03-3112999295core:PlantMachinery2024-03-3112999295core:Vehicles2024-03-3112999295core:FurnitureFittings2024-03-3112999295core:OfficeEquipment2024-03-3112999295core:AfterOneYear2024-03-3112999295core:WithinOneYear2024-03-3112999295core:ListedExchangeTraded2024-03-3112999295core:UnlistedNon-exchangeTraded2024-03-3112999295core:ShareCapital2024-03-3112999295core:SharePremium2024-03-3112999295core:RevaluationReserve2024-03-3112999295core:OtherReservesSubtotal2024-03-3112999295core:RetainedEarningsAccumulatedLosses2024-03-3112999295core:NetGoodwill2023-03-3112999295core:IntangibleAssetsOtherThanGoodwill2023-03-3112999295core:LandBuildings2023-03-3112999295core:PlantMachinery2023-03-3112999295core:Vehicles2023-03-3112999295core:FurnitureFittings2023-03-3112999295core:OfficeEquipment2023-03-3112999295core:AfterOneYear2023-03-3112999295core:WithinOneYear2023-03-3112999295core:List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INN HOSPITALITY GROUP LTD.

Registered Number
12999295
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

INN HOSPITALITY GROUP LTD.
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

BENNETT, Oliver John
CONNOLLY, Frances Mary
CONNOLLY, Patrick Joseph
DANIEL, Matthew James

Registered Address

Tyne Bank Brewery
375 Walker Road
Newcastle Upon Tyne
NE6 2AB

Registered Number

12999295 (England and Wales)
INN HOSPITALITY GROUP LTD.
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3109,224136,531
Tangible assets41,532,7181,486,460
1,641,9421,622,991
Current assets
Debtors218,428154,205
Cash at bank and on hand66,384166,232
284,812320,437
Creditors amounts falling due within one year(433,268)(331,220)
Net current assets (liabilities)(148,456)(10,783)
Total assets less current liabilities1,493,4861,612,208
Creditors amounts falling due after one year(2,298,830)(2,212,830)
Net assets(805,344)(600,622)
Capital and reserves
Called up share capital100100
Profit and loss account(805,444)(600,722)
Shareholders' funds(805,344)(600,622)
The financial statements were approved and authorised for issue by the Board of Directors on 9 September 2024, and are signed on its behalf by:
BENNETT, Oliver John
Director
Registered Company No. 12999295
INN HOSPITALITY GROUP LTD.
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20242023
Average number of employees during the year8091
3.Intangible assets

Total

£
Cost or valuation
At 01 April 23136,531
At 31 March 24183,596
Amortisation and impairment
Charge for year27,307
At 31 March 2474,372
Net book value
At 31 March 24109,224
At 31 March 23136,531
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 231,528,179
Additions81,580
At 31 March 241,609,759
Depreciation and impairment
At 01 April 2341,719
Charge for year35,322
At 31 March 2477,041
Net book value
At 31 March 241,532,718
At 31 March 231,486,460