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Financial Statements |
Contents |
Page |
Strategic report |
1 |
Directors' report |
2 |
Independent auditor's report to the members |
4 |
Statement of comprehensive income |
8 |
Statement of financial position |
9 |
Statement of changes in equity |
10 |
Statement of cash flows |
11 |
Notes to the financial statements |
12 |
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Strategic Report |
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Director |
Registered office: |
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United Kingdom |
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Directors' Report |
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(Appointed
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Director |
Registered office: |
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United Kingdom |
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Independent Auditor's Report to the Members of
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(Senior Statutory Auditor) |
For and on behalf of |
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Chartered accountants & statutory auditor |
Suite 1, First Floor |
1 Duchess Street |
London |
W1W 6AN |
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Statement of Comprehensive Income |
2023 |
2022 |
||
Note |
£ |
£ |
|
Turnover |
4 |
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Cost of sales |
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------------- |
------------ |
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Gross profit |
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Administrative expenses |
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------------ |
------------ |
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Operating loss |
(
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(
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Other interest receivable and similar income |
7 |
– |
(
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Interest payable and similar expenses |
8 |
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– |
------------ |
------------ |
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Loss before taxation |
(
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(
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Tax on loss |
– |
– |
--------- |
--------- |
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Loss for the financial year and total comprehensive income |
(
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(
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--------- |
--------- |
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
Stocks |
9 |
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Debtors |
10 |
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Cash at bank and in hand |
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------------ |
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Creditors: amounts falling due within one year |
11 |
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------------ |
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Net current liabilities |
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--------- |
--------- |
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Total assets less current liabilities |
(
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(
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--------- |
--------- |
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Net liabilities |
(
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(
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--------- |
--------- |
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Called up share capital |
14 |
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Profit and loss account |
15 |
(
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(
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--------- |
--------- |
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Shareholders deficit |
(
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(
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--------- |
--------- |
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Director |
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Statement of Changes in Equity |
Called up share capital |
Profit and loss account |
Total |
|
£ |
£ |
£ |
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At 1 January 2022 |
– |
– |
– |
Loss for the year |
(
|
(
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---- |
--------- |
--------- |
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Total comprehensive income for the year |
– |
(
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(
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Issue of shares |
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– |
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---- |
--------- |
--------- |
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Total investments by and distributions to owners |
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– |
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At 31 December 2022 |
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(
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(
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Loss for the year |
(
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(
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---- |
--------- |
--------- |
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Total comprehensive income for the year |
– |
(
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(
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Issue of shares |
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– |
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--------- |
---- |
--------- |
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Total investments by and distributions to owners |
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– |
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--------- |
--------- |
--------- |
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At 31 December 2023 |
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(
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(
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--------- |
--------- |
--------- |
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Statement of Cash Flows |
2023 |
2022 |
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Note |
£ |
£ |
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Cash generated from operations |
16 |
(
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Interest paid |
(
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– |
Interest received |
– |
(
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------------ |
--------- |
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Net cash (used in)/from operating activities |
(
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------------ |
--------- |
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Proceeds from issue of ordinary shares |
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Proceeds from loans from group undertakings |
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------------ |
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Net cash from financing activities |
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------------ |
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Net (decrease)/increase in cash and cash equivalents |
(
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Cash and cash equivalents at beginning of year |
1,496,148 |
– |
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Cash and cash equivalents at end of year |
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------------ |
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Notes to the Financial Statements |
2023 |
2022 |
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£ |
£ |
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Hotel related services |
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------------- |
------------ |
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2023 |
2022 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
|
– |
-------- |
---- |
|
2023 |
2022 |
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No. |
No. |
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Administrative staff |
|
|
---- |
---- |
|
2023 |
2022 |
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£ |
£ |
|
Wages and salaries |
|
– |
Social security costs |
|
– |
Other pension costs |
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– |
------------ |
---- |
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– |
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------------ |
---- |
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2023 |
2022 |
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£ |
£ |
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Interest from group undertakings |
– |
(
|
---- |
------- |
|
2023 |
2022 |
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£ |
£ |
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Other interest payable and similar charges |
|
– |
-------- |
---- |
|
2023 |
2022 |
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£ |
£ |
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Finished goods and goods for resale |
|
|
-------- |
-------- |
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2023 |
2022 |
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£ |
£ |
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Trade debtors |
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Amounts owed by group undertakings |
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Prepayments and accrued income |
|
– |
Other debtors |
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------------ |
------------ |
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------------ |
------------ |
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2023 |
2022 |
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£ |
£ |
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Trade creditors |
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Amounts owed to group undertakings |
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Accruals and deferred income |
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Social security and other taxes |
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Other creditors |
621,411 |
– |
------------ |
------------ |
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------------ |
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2023 |
2022 |
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No. |
£ |
No. |
£ |
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400,100 |
|
100 |
--------- |
--------- |
---- |
---- |
|
2023 |
2022 |
|
£ |
£ |
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Loss for the financial year |
(
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(
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Adjustments for: |
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Other interest receivable and similar income |
– |
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Interest payable and similar expenses |
|
– |
Accrued (income)/expenses |
(
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Changes in: |
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Stocks |
(
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(
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Trade and other debtors |
(
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(
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Trade and other creditors |
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------------ |
------------ |
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(
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At 1 Jan 2023 |
Cash flows |
At 31 Dec 2023 |
|
£ |
£ |
£ |
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Cash at bank and in hand |
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(1,268,022) |
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Debt due within one year |
(1,064,535) |
(165,314) |
(1,229,849) |
------------ |
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(
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(
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