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REGISTERED NUMBER: 14250986 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

HOSPITALITY TECHNOLOGY LIMITED

HOSPITALITY TECHNOLOGY LIMITED (REGISTERED NUMBER: 14250986)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HOSPITALITY TECHNOLOGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mr W Kok
Mr A M Richards





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 14250986 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

HOSPITALITY TECHNOLOGY LIMITED (REGISTERED NUMBER: 14250986)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,339 2,232

CURRENT ASSETS
Cash at bank 9,835 -

CREDITORS
Amounts falling due within one year 5 9,701 10,089
NET CURRENT ASSETS/(LIABILITIES) 134 (10,089 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,473

(7,857

)

CREDITORS
Amounts falling due after more than one year 6 311,734 77,234
NET LIABILITIES (310,261 ) (85,091 )

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 (310,262 ) (85,092 )
SHAREHOLDERS' FUNDS (310,261 ) (85,091 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by:




Mr A M Richards - Director


HOSPITALITY TECHNOLOGY LIMITED (REGISTERED NUMBER: 14250986)

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

1. STATUTORY INFORMATION

Hospitality Technology 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer Equipment 33.33% on cost

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.

Going concern disclosure
The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2023
and 31 July 2024 2,679
DEPRECIATION
At 1 August 2023 447
Charge for year 893
At 31 July 2024 1,340
NET BOOK VALUE
At 31 July 2024 1,339
At 31 July 2023 2,232

HOSPITALITY TECHNOLOGY LIMITED (REGISTERED NUMBER: 14250986)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Social security and other taxes 7,854 8,409
Accrued expenses 1,847 1,680
9,701 10,089

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Hospitality Technology
International 311,734 77,234
311,734 77,234

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
1 Ordinary 1 1 1

8. RESERVES
Retained
earnings
£   

At 1 August 2023 (85,092 )
Deficit for the year (225,170 )
At 31 July 2024 (310,262 )

9. RELATED PARTY DISCLOSURES

Included under creditors is an amount due to Hospitality Technology International (Pty) Ltd of £311,734 (2023: £77,234). This loan is interest free, of no fixed term and repayable on demand.

Hospitality Technology International (Pty) Ltd owns 100% of the share capital of HospitalityTechnology Limited.

10. TAXATION

The company has carried forward losses of £311,082 (2023: £87,882) to use against future profits.