Company Registration No. 03663230 (England and Wales)
HotelRes Ltd
Unaudited accounts
for the year ended 31 December 2024
HotelRes Ltd
Unaudited accounts
Contents
HotelRes Ltd
Company Information
for the year ended 31 December 2024
Directors
Mrs L J Wilson
Mr S J Wilson
Company Number
03663230 (England and Wales)
Registered Office
2 Main Street
Great Longstone
Bakewell
DE45 1TA
England
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
HotelRes Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
327,709
321,900
Cash at bank and in hand
(8,414)
(23,122)
Creditors: amounts falling due within one year
(66,192)
(43,737)
Net current liabilities
(59,733)
(51,026)
Total assets less current liabilities
267,976
270,874
Creditors: amounts falling due after more than one year
(30,850)
(57,664)
Net assets
237,126
213,210
Called up share capital
100
100
Revaluation reserve
165,947
165,947
Fair value reserve
(30,000)
(30,000)
Profit and loss account
101,079
77,163
Shareholders' funds
237,126
213,210
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by
Mrs L J Wilson
Director
Company Registration No. 03663230
HotelRes Ltd
Notes to the Accounts
for the year ended 31 December 2024
HotelRes Ltd is a private company, limited by shares, registered in England and Wales, registration number 03663230. The registered office is 2 Main Street, Great Longstone, Bakewell, DE45 1TA, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
320,000
9,630
33,159
362,789
At 31 December 2024
320,000
17,464
33,159
370,623
At 1 January 2024
-
9,192
31,697
40,889
Charge for the year
-
1,660
365
2,025
At 31 December 2024
-
10,852
32,062
42,914
At 31 December 2024
320,000
6,612
1,097
327,709
At 31 December 2023
320,000
438
1,462
321,900
HotelRes Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
56
46
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
15,674
14,675
Trade creditors
25,049
6,597
Taxes and social security
12,224
5,323
Other creditors
3,076
3,076
Loans from directors
-
2,012
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(972)
(1,178)
(2,150)
-
Director Loan Account
(1,040)
(15,693)
(16,733)
-
10
Average number of employees
During the year the average number of employees was 5 (2023: 4).