1 December 2022 false No description of principal activity Taxfiler 2024.6 09865616business:PrivateLimitedCompanyLtd2022-12-012023-11-30 098656162022-11-30 098656162022-12-012023-11-30 09865616business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 09865616business:FilletedAccounts2022-12-012023-11-30 098656162023-11-30 098656162022-11-30 09865616core:WithinOneYear2023-11-30 09865616core:WithinOneYear2022-11-30 09865616core:AfterOneYear2023-11-30 09865616core:AfterOneYear2022-11-30 09865616core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 09865616core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 09865616core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 09865616core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 09865616core:PreviouslyStatedAmount2023-11-30 09865616core:PreviouslyStatedAmount2022-11-30 09865616business:SmallEntities2022-12-012023-11-30 09865616business:Director22022-12-012023-11-30 09865616countries:EnglandWales2022-12-012023-11-30 09865616business:RegisteredOffice2022-12-012023-11-30 09865616core:LandBuildings2022-12-012023-11-30 09865616core:PlantMachinery2022-12-012023-11-30 09865616core:FurnitureFittings2022-12-012023-11-30 09865616core:PlantMachinery2022-11-30 09865616core:MotorVehicles2022-11-30 09865616core:FurnitureFittings2022-11-30 09865616core:MotorVehicles2022-12-012023-11-30 09865616core:PlantMachinery2023-11-30 09865616core:MotorVehicles2023-11-30 09865616core:FurnitureFittings2023-11-30 098656162021-12-012022-11-30 iso4217:GBP xbrli:pure
L & K HOTELS LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
301,978 
183,083 
Current assets
Inventories
9,837 
10,656 
Debtors
795,161 
755,161 
Cash at bank and in hand
48,235 
207,455 
853,233 
973,272 
Creditors: amounts falling due within one year
(229,611)
(225,039)
Net current assets
623,622 
748,233 
Total assets less current liabilities
925,600 
931,316 
Creditors: amounts falling due after more than one year
(308,333)
(333,333)
Net assets
617,267 
597,983 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
616,967 
597,683 
Shareholders' funds
617,267 
597,983 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 24 October 2024 and were signed on its behalf by
Yildirim Gunac Yaman Director Company Registration No. 09865616
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L & K HOTELS LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
L & K HOTELS LTD is a private company, limited by shares, registered in England and Wales, registration number 09865616. The registered office is 475-477 High Road, Leyton, E10 5EL, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
15% on written down value
Plant & machinery
25% on written down value
Fixtures & fittings
15% on written down value
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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L & K HOTELS LTD Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
233,169 
32,821 
- 
265,990 
Additions
- 
- 
175,081 
175,081 
At 30 November 2023
233,169 
32,821 
175,081 
441,071 
Depreciation
At 1 December 2022
74,702 
8,205 
- 
82,907 
Charge for the year
23,770 
6,154 
26,262 
56,186 
At 30 November 2023
98,472 
14,359 
26,262 
139,093 
Net book value
At 30 November 2023
134,697 
18,462 
148,819 
301,978 
At 30 November 2022
158,467 
24,616 
- 
183,083 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
755,161 
755,161 
Amounts falling due after more than one year
Other debtors
40,000 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
100,000 
100,000 
VAT
22,290 
21,210 
Trade creditors
93,277 
112,363 
Taxes and social security
7,044 
(8,534)
Other creditors
7,000 
- 
229,611 
225,039 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
308,333 
333,333 
8
Average number of employees
During the year the average number of employees was 28 (2022: 27).
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