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Company Registration No. 13906244 (England and Wales)
Eden Arms Hotel Ltd Unaudited accounts for the year ended 29 February 2024
Eden Arms Hotel Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,216 
29,666 
Investment property
1,074,213 
1,074,213 
1,099,429 
1,103,879 
Current assets
Cash at bank and in hand
- 
100 
Creditors: amounts falling due within one year
(1,087,700)
(1,087,200)
Net current liabilities
(1,087,700)
(1,087,100)
Net assets
11,729 
16,779 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
11,629 
16,679 
Shareholders' funds
11,729 
16,779 
For the year ending 29 February 2024 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 director acknowledges his 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 and authorised for issue on 25 November 2024 and were signed on its behalf by
Anas Abdulleh Mohamed Alshiddi Director Company Registration No. 13906244
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Eden Arms Hotel Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Eden Arms Hotel Ltd is a private company, limited by shares, registered in England and Wales, registration number 13906244. The registered office is Mill Mill House, Columbia Avenue, Edgware, HA8 5DQ, England.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Taxation
Taxation for the period 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 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Eden Arms Hotel Ltd Notes to the Accounts for the year ended 29 February 2024
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:
Fixtures & fittings
15% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
29,785 
At 29 February 2024
29,785 
Depreciation
At 1 March 2023
119 
Charge for the year
4,450 
At 29 February 2024
4,569 
Net book value
At 29 February 2024
25,216 
At 28 February 2023
29,666 
5
Investment property
2024 
£ 
Fair value at 1 March 2023
1,074,213 
At 29 February 2024
1,074,213 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
2,500 
Loans from directors
1,082,600 
1,082,700 
Accruals
2,600 
2,000 
Deferred income
2,500 
- 
1,087,700 
1,087,200 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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