Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312025-05-022025-05-06truetruetruetrue2023-01-01falseNo description of principal activity11falsefalse 09449176 2023-01-01 2023-12-31 09449176 2022-01-01 2022-12-31 09449176 2023-12-31 09449176 2022-12-31 09449176 2022-01-01 09449176 1 2023-01-01 2023-12-31 09449176 d:Director2 2023-01-01 2023-12-31 09449176 d:Director3 2023-01-01 2023-12-31 09449176 c:FreeholdInvestmentProperty 2023-01-01 2023-12-31 09449176 c:FreeholdInvestmentProperty 2023-12-31 09449176 c:FreeholdInvestmentProperty 2022-12-31 09449176 c:CurrentFinancialInstruments 2023-12-31 09449176 c:CurrentFinancialInstruments 2022-12-31 09449176 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 09449176 c:CurrentFinancialInstruments c:WithinOneYear 2022-12-31 09449176 c:ShareCapital 2023-12-31 09449176 c:ShareCapital 2022-12-31 09449176 c:RetainedEarningsAccumulatedLosses 2023-12-31 09449176 c:RetainedEarningsAccumulatedLosses 2022-12-31 09449176 c:AcceleratedTaxDepreciationDeferredTax 2023-12-31 09449176 c:AcceleratedTaxDepreciationDeferredTax 2022-12-31 09449176 d:OrdinaryShareClass1 2023-01-01 2023-12-31 09449176 d:OrdinaryShareClass1 2023-12-31 09449176 d:OrdinaryShareClass1 2022-12-31 09449176 d:FRS102 2023-01-01 2023-12-31 09449176 d:Audited 2023-01-01 2023-12-31 09449176 d:FullAccounts 2023-01-01 2023-12-31 09449176 d:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09449176 d:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09449176 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 09449176














INNFLAIR LTD
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2023

 
INNFLAIR LTD
REGISTERED NUMBER: 09449176

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note

Fixed assets
  

Investment property
 4 
1,316,523
1,315,015

  
1,316,523
1,315,015

Current assets
  

Debtors: amounts falling due within one year
 5 
109,066
241,461

Cash at bank and in hand
 6 
5,611
990

  
114,677
242,451

Creditors: amounts falling due within one year
 7 
(1,438,424)
(1,678,876)

Net current liabilities
  
 
 
(1,323,747)
 
 
(1,436,425)

Total assets less current liabilities
  
(7,224)
(121,410)

Provisions for liabilities
  

Deferred tax
 8 
(38,258)
(28,729)

  
 
 
(38,258)
 
 
(28,729)

Net liabilities
  
£(45,482)
£(150,139)


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
(45,582)
(150,239)

  
£(45,482)
£(150,139)


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 income and retained earnings 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 by: 




___________________________
Mrs N Sheldon
___________________________
Mr W Sheldon
Director
Director


Date: 2 May 2025
Date: 2 May 2025

The notes on pages 3 to 9 form part of these financial statements.
Page 1

 
INNFLAIR LTD
REGISTERED NUMBER: 09449176

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


Page 2

 
INNFLAIR LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Innflair Limited is a private company, limited by shares, incorporated in England and Wales. The company registration number is 09449176.
The registered office address is Henwood House, Henwood, Ashford, Kent, TN24 8DH.
The principal place of business is GSE House, Paper Lane, Willesborough, Ashford, Kent, TN24 OTS. 

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

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
the requirements of Section 26 Share-based Payment paragraphs 26.18(b), 26.19 to 26.21 and 26.23;
the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of  GSE Cheriton Parc (Holdings) Limited as at  31 December 2023 and these financial statements may be obtained from Companies House.

 
2.3

Going concern

An entity is a going concern unless management either intends to liquidate the entity or to cease trading, or has no realistic alternative but to do so. This must be at least, but is not limited to, twelve months from the date on which the financial statements are authorised for issue.
Since the balance sheet date the activities and assets of this entity have been hived up to its new parent undertaking. The company is not considered to be a going concern at the time the financial statements are authorised for issue. 
The financial statements have been prepared on a basis other than that of going concern basis. This basis includes, where applicable, writing the company's assets down to net realiseable value, and making provisions in respect of contracts which have become onerous at the balance sheet date. There have been no significant alterations to the existing accounting policies as these are considered to give a true and fair view.

Page 3

 
INNFLAIR LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.6

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 balance sheet 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 balance sheet 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 balance sheet date.


Page 4

 
INNFLAIR LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

  
2.7

Investment property

Investment property is carried at fair value determined annually 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 profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
INNFLAIR LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Investment property


Freehold investment property



Valuation


At 1 January 2023
1,315,015


Additions at cost
1,507



At 31 December 2023
1,316,522

The carrying value of investment property reflects the net realisable value as determined by the directors.






If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2023
2022


Historic cost
£1,316,522
£1,315,015

The investment property held by this company is secured via a fixed and floating charge in respect of borrowings held by the parent undertaking. 

Page 6

 
INNFLAIR LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022


Trade debtors
23,235
21,243

Other debtors
-
155,691

Prepayments and accrued income
85,831
64,527

£109,066
£241,461



6.


Cash and cash equivalents

2023
2022

Cash at bank and in hand
£5,611
£990



7.


Creditors: Amounts falling due within one year

2023
2022

Trade creditors
-
3,267

Amounts owed to group undertakings
1,186,766
1,414,863

Other taxation and social security
6,794
-

Other creditors
234,164
254,623

Accruals and deferred income
10,700
6,123

£1,438,424
£1,678,876


Page 7

 
INNFLAIR LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Deferred taxation




2023
2022





At beginning of year
28,729
-


Charged to profit or loss
9,529
28,729



At end of year
£38,258
£28,729

The provision for deferred taxation is made up as follows:

2023
2022


Accelerated capital allowances
38,258
28,729

£38,258
£28,729


9.


Share capital

2023
2022
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
£100
£100


Page 8

 
INNFLAIR LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

10.

Controlling party 

At the balance sheet date, the immediate parent undertaking is The Marquis Hotel Group Limited, a company incorporated in England and Wales. 
At the balance sheet date, the ultimate controlling parties are Mr D M Healey and Mrs M C Healey by virtue of their shareholdings in the ultimate parent undertaking.
The parent undertaking of the smallest and largest group to consolidate these financial statements is GSE Cheriton Parc (Holdings) Limited, a company incorporated in England and Wales. The registered address of the company is Henwood House, Henwood, Ashford, Kent, TN24 8DH.
The ultimate parent undertaking is GSE Cheriton Parc (Holdings) Limited, a company incorporated in England and Wales.
GSE Cheriton Parc (Holdings) Limited is also the most senior parent entity producing publicly available financial statements.
The company is exempt from the requirement of preparing consolidated financial statements as it is a subsidiary undertaking included in consolidated financial statements for a larger group, by a parent undertaking established under the law of any part of the United Kingdom.
GSE Cheriton Parc (Holdings) Limited has prepared consolidated financial statements which include this company and are publicly available.



11.


Post balance sheet events

On 28 June 2024, the immediate parent undertaking, The Marquis Hotel Group Limited, was acquired by Contemporary Pubs Limited.


12.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2023 was unqualified.

In their report, the auditors emphasised the following matter without qualifying their report:
The financial statements have been prepared on a basis other than going concern. More details can be found in note 2.3.

The audit report was signed on 6 May 2025 by Andrew John Childs FCA (Senior statutory auditor) on behalf of Magee Gammon Corporate Limited.


Page 9