04276698falsethe operation of an hotel2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/cd:Director12023-03-012024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/cd:Director22023-03-012024-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-03-012024-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2024-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FRS1022023-03-012024-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2023-03-012024-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-03-012024-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04276698

Quorn Hotel (Skegness) Limited

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

Prepared By:
Greenhalgh Johnson Ltd
Accountants & Tax Advisors
Elland House
22 High Street
Burgh le Marsh
Skegness
PE24 5JT

Quorn Hotel (Skegness) Limited

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
DIRECTORS
Stephen J Godbehere
Julie Godbehere
REGISTERED OFFICE
Quorn Hotel
11 North Parade
Skegness
Lincolnshire
PE25 2UB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04276698
BANKERS
HSBC
ACCOUNTANTS
Greenhalgh Johnson Ltd
Accountants & Tax Advisors
Elland House
22 High Street
Burgh le Marsh
Skegness
PE24 5JT

Quorn Hotel (Skegness) Limited

ACCOUNTS
FOR THEYEARENDED28 FEBRUARY 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Quorn Hotel (Skegness) Limited

BALANCE SHEET AT 28 February 2024
20242023
Notes££
FIXED ASSETS
Tangible assets41,8312,439
CURRENT ASSETS
Stock1,8002,550
Debtors63,8794,711
Cash at bank and in hand20,86021,333
26,53928,594
CREDITORS: Amounts falling due within one year710,01628,313
NET CURRENT ASSETS16,523281
TOTAL ASSETS LESS CURRENT LIABILITIES18,3542,720
PROVISIONS FOR LIABILITIES AND CHARGES8348236
NET ASSETS18,0062,484
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account17,9062,384
SHAREHOLDERS' FUNDS18,0062,484
For the year ending 28 February 2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29 November 2024 and signed on their behalf by
.............................
Stephen J Godbehere
Director
.............................
Julie Godbehere
Director

Quorn Hotel (Skegness) Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20242023
No.No.
Average number of employees77

Quorn Hotel (Skegness) Limited

3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 March 202322,00022,000
At 28 February 202422,00022,000
Depreciation
At 1 March 202322,00022,000
At 28 February 202422,00022,000
Net Book Amounts
At 28 February 2024--
4. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 1 March 2023117,557117,557
At 28 February 2024117,557117,557
Depreciation
At 1 March 2023115,118115,118
For the year608608
At 28 February 2024115,726115,726
Net Book Amounts
At 28 February 20241,8311,831
At 28 February 20232,4392,439
5. STOCK 20242023
££
Stock comprises:
Stock1,8002,550
1,8002,550

Quorn Hotel (Skegness) Limited

6. DEBTORS 20242023
££
Amounts falling due within one year:
Other debtors3,8794,711
3,8794,711
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Trade creditors-1,485
Taxation and social security5,40712,026
Other creditors4,60914,802
10,01628,313
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation348236
348236
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100