Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseThe principal activity of the company is that of property investment and management.22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00257638 2023-05-01 2024-04-30 00257638 2022-05-01 2023-04-30 00257638 2024-04-30 00257638 2023-04-30 00257638 2022-05-01 00257638 c:Director1 2023-05-01 2024-04-30 00257638 c:Director3 2023-05-01 2024-04-30 00257638 d:FurnitureFittings 2024-04-30 00257638 d:FurnitureFittings 2023-04-30 00257638 d:FreeholdInvestmentProperty 2024-04-30 00257638 d:FreeholdInvestmentProperty 2023-04-30 00257638 d:FreeholdInvestmentProperty 2 2023-05-01 2024-04-30 00257638 d:CurrentFinancialInstruments 2024-04-30 00257638 d:CurrentFinancialInstruments 2023-04-30 00257638 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 00257638 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 00257638 d:ShareCapital 2024-04-30 00257638 d:ShareCapital 2023-04-30 00257638 d:CapitalRedemptionReserve 2024-04-30 00257638 d:CapitalRedemptionReserve 2023-04-30 00257638 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 00257638 d:RetainedEarningsAccumulatedLosses 2024-04-30 00257638 d:RetainedEarningsAccumulatedLosses 2023-04-30 00257638 c:OrdinaryShareClass1 2023-05-01 2024-04-30 00257638 c:OrdinaryShareClass1 2024-04-30 00257638 c:FRS102 2023-05-01 2024-04-30 00257638 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 00257638 c:FullAccounts 2023-05-01 2024-04-30 00257638 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 00257638 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 00257638 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 00257638 6 2023-05-01 2024-04-30 00257638 f:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 00257638














ENGLISH COUNTY HOTELS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

 
ENGLISH COUNTY HOTELS LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1 - 2
Notes to the Financial Statements
 
 
3 - 7


 
ENGLISH COUNTY HOTELS LIMITED
REGISTERED NUMBER:00257638

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
-

Investment property
 5 
710,000
1,120,000

  
710,000
1,120,000

Current assets
  

Debtors: amounts falling due within one year
 6 
1,049,677
1,031,175

Current asset investments
 7 
146,776
131,039

Cash at bank and in hand
  
35,827
17,983

  
1,232,280
1,180,197

Current liabilities
  

Creditors: amounts falling due within one year
 8 
(28,055)
(21,097)

Net current assets
  
 
 
1,204,225
 
 
1,159,100

Total assets less current liabilities
  
1,914,225
2,279,100

Provisions for liabilities
  

Deferred tax
 9 
(29,671)
(130,587)

Net assets
  
1,884,554
2,148,513


Capital and reserves
  

Called up share capital 
 10 
11,000
11,000

Capital redemption reserve
 11 
4,000
4,000

Profit and loss account
 11 
1,869,554
2,133,513

  
1,884,554
2,148,513


Page 1

 
ENGLISH COUNTY HOTELS LIMITED
REGISTERED NUMBER:00257638
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 January 2025.



Mrs H L I di Monaco
Mrs C E I Wrey
Director
Director

Page 2

 
ENGLISH COUNTY HOTELS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The company's legal form is that of a private limited liability company incorporated in England & Wales. The company's registered office is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD. 
The principal activity of the company is that of property investment and management. 
The company's functional and presentational currency is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover represents amounts receivable from rental income and property management net of VAT.
 
Revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for its performance. 

 
2.3

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Comprehensive Income.

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each Statement of Financial Position date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income.

 
2.5

Debtors

Short term debtors are measured at the transaction price.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.7

Creditors

Short term creditors are measured at the transaction price.

Page 3

 
ENGLISH COUNTY HOTELS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
ENGLISH COUNTY HOTELS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Fixtures and fittings

£



Cost 


At 1 May 2023
7,310



At 30 April 2024

7,310



Depreciation


At 1 May 2023
7,310



At 30 April 2024

7,310



Net book value



At 30 April 2024
-



At 30 April 2023
-


5.


Investment property


Freehold investment property

£



Valuation


At 1 May 2023
1,120,000


Deficit on revaluation
(410,000)



At 30 April 2024
710,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.

The original cost of the property was £58,007 (2023 - £58,007).




Page 5

 
ENGLISH COUNTY HOTELS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Debtors

2024
2023
£
£


Amounts owed by associated undertakings
579,946
561,447

Other debtors
469,500
469,500

Prepayments
231
228

1,049,677
1,031,175



7.


Current asset investments

2024
2023
£
£

Listed investments
146,776
131,039



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
3,783
-

Corporation tax
11,396
8,224

Taxation and social security
1,543
1,539

Accruals and deferred income
11,333
11,334

28,055
21,097


Page 6

 
ENGLISH COUNTY HOTELS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

9.


Deferred taxation




2024
2023


£

£






At beginning of year
130,587
132,149


Released to profit or loss
(100,916)
(1,562)



At end of year
29,671
130,587

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Fair value adjustments
29,671
130,587


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



11,000 Ordinary shares of £1.00 each
11,000
11,000



11.


Reserves

Profit and loss account

Included in profit and loss reserves are non-distributable fair value adjustments amounting to £643,679 (2023 - £946,428).

 
Page 7