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REGISTERED NUMBER: 11738842 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

AUTUMN LODGE HOVE LIMITED

AUTUMN LODGE HOVE LIMITED (REGISTERED NUMBER: 11738842)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AUTUMN LODGE HOVE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: C G Bravery





REGISTERED OFFICE: Autumn Lodge
35-39 Rutland Gardens
Hove
East Sussex
BN3 5PD





REGISTERED NUMBER: 11738842 (England and Wales)





ACCOUNTANTS: Parkers
Cornelius House
178-180 Church Road
Hove
East Sussex
BN3 2DJ

AUTUMN LODGE HOVE LIMITED (REGISTERED NUMBER: 11738842)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 875,000 1,050,000
Tangible assets 5 40,873 48,246
915,873 1,098,246

CURRENT ASSETS
Debtors 6 581,989 409,653
Cash at bank and in hand 2,666 1,677
584,655 411,330
CREDITORS
Amounts falling due within one year 7 981,526 1,027,632
NET CURRENT LIABILITIES (396,871 ) (616,302 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

519,002

481,944

CREDITORS
Amounts falling due after more than one
year

8

(197,431

)

(207,402

)

PROVISIONS FOR LIABILITIES (10,218 ) (2,289 )
NET ASSETS 311,353 272,253

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 311,253 272,153
311,353 272,253

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AUTUMN LODGE HOVE LIMITED (REGISTERED NUMBER: 11738842)

BALANCE SHEET - continued
31ST MARCH 2024


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 director and authorised for issue on 28th November 2024 and were signed by:





C G Bravery - Director


AUTUMN LODGE HOVE LIMITED (REGISTERED NUMBER: 11738842)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Autumn Lodge Hove 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

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.


AUTUMN LODGE HOVE LIMITED (REGISTERED NUMBER: 11738842)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 52 (2023 - 51 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2023
and 31st March 2024 1,750,000
AMORTISATION
At 1st April 2023 700,000
Amortisation for year 175,000
At 31st March 2024 875,000
NET BOOK VALUE
At 31st March 2024 875,000
At 31st March 2023 1,050,000

AUTUMN LODGE HOVE LIMITED (REGISTERED NUMBER: 11738842)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st April 2023 100,476 34,968 135,444
Additions 4,697 1,541 6,238
At 31st March 2024 105,173 36,509 141,682
DEPRECIATION
At 1st April 2023 58,517 28,681 87,198
Charge for year 11,658 1,953 13,611
At 31st March 2024 70,175 30,634 100,809
NET BOOK VALUE
At 31st March 2024 34,998 5,875 40,873
At 31st March 2023 41,959 6,287 48,246

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 54,740 52,781
Amounts owed by group undertakings 516,166 348,301
Other debtors 11,083 8,571
581,989 409,653

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 85,443 29,983
Trade creditors 37,089 58,514
Amounts owed to group undertakings 13,829 -
Taxation and social security 107,137 60,952
Other creditors 738,028 878,183
981,526 1,027,632

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 197,431 207,402

AUTUMN LODGE HOVE LIMITED (REGISTERED NUMBER: 11738842)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 197,431 207,402

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 217,408 237,385

A fellow subsidiary company has provided a cross-guarantee by way of a first legal charge over a freehold property.

10. CONTINGENT LIABILITIES

National Westminster Bank PLC have fixed and floating charges over all the property of the Company.