Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312025-05-18The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-06-01falseNo description of principal activity2815falsetruefalse 07259930 2023-06-01 2024-05-31 07259930 2022-06-01 2023-05-31 07259930 2024-05-31 07259930 2023-05-31 07259930 c:Director1 2023-06-01 2024-05-31 07259930 c:Director2 2023-06-01 2024-05-31 07259930 d:FurnitureFittings 2023-06-01 2024-05-31 07259930 d:FurnitureFittings 2024-05-31 07259930 d:FurnitureFittings 2023-05-31 07259930 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 07259930 d:CurrentFinancialInstruments 2024-05-31 07259930 d:CurrentFinancialInstruments 2023-05-31 07259930 d:Non-currentFinancialInstruments 2024-05-31 07259930 d:Non-currentFinancialInstruments 2023-05-31 07259930 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 07259930 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 07259930 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 07259930 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 07259930 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-05-31 07259930 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-05-31 07259930 d:ShareCapital 2024-05-31 07259930 d:ShareCapital 2023-05-31 07259930 d:RetainedEarningsAccumulatedLosses 2024-05-31 07259930 d:RetainedEarningsAccumulatedLosses 2023-05-31 07259930 c:FRS102 2023-06-01 2024-05-31 07259930 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 07259930 c:FullAccounts 2023-06-01 2024-05-31 07259930 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07259930 2 2023-06-01 2024-05-31 07259930 d:AcceleratedTaxDepreciationDeferredTax 2024-05-31 07259930 d:AcceleratedTaxDepreciationDeferredTax 2023-05-31 07259930 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 07259930









HOTEL 27 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
HOTEL 27 LIMITED
REGISTERED NUMBER: 07259930

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
53,676
23,939

  
53,676
23,939

Current assets
  

Stocks
 5 
105
173

Debtors: amounts falling due within one year
 6 
1,519,793
1,079,541

Cash at bank and in hand
  
6,948
40,318

  
1,526,846
1,120,032

Creditors: amounts falling due within one year
 7 
(1,321,887)
(785,628)

Net current assets
  
 
 
204,959
 
 
334,404

Total assets less current liabilities
  
258,635
358,343

Creditors: amounts falling due after more than one year
 8 
(18,004)
(27,814)

Provisions for liabilities
  

Deferred tax
 10 
(13,420)
(5,986)

  
 
 
(13,420)
 
 
(5,986)

Net assets
  
227,211
324,543


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
227,111
324,443

  
227,211
324,543


Page 1

 
HOTEL 27 LIMITED
REGISTERED NUMBER: 07259930
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 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 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 on 18 May 2025.




R W Lawee
A A Lawee
Director
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
HOTEL 27 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Hotel 27 Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is 198 West End Lane, London, NW6 1SG.
The company's principal activity is that of the running of hotels.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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

Revenue, compising hotel room fees and related income, 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.  This is usually upon check-in or check-out according to the terms of specific bookings. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

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.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
HOTEL 27 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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.


 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
HOTEL 27 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.

 
2.10

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 28 (2023 - 15).

Page 5

 
HOTEL 27 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 June 2023
183,353


Additions
43,155



At 31 May 2024

226,508



Depreciation


At 1 June 2023
159,413


Charge for the year on owned assets
13,419



At 31 May 2024

172,832



Net book value



At 31 May 2024
53,676



At 31 May 2023
23,939


5.


Stocks

2024
2023
£
£

Finished goods and goods for resale
105
173

105
173


Page 6

 
HOTEL 27 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
 


6.


Debtors

2024
2023
£
£


Trade debtors
3,746
6,968

Amounts due from connected companies
1,476,472
1,052,630

Prepayments and accrued income
38,678
18,724

Tax recoverable
897
1,219

1,519,793
1,079,541



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,114
9,879

Trade creditors
5,117
54,594

Amounts due to connected companies
1,191,852
567,416

Corporation tax
-
6,273

Other taxation and social security
15,588
16,760

Other creditors
40,061
99,569

Accruals and deferred income
59,155
31,137

1,321,887
785,628



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
18,004
27,814

18,004
27,814


Page 7

 
HOTEL 27 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,114
9,879


10,114
9,879

Amounts falling due 1-2 years

Bank loans
18,004
27,814


18,004
27,814



28,118
37,693



10.


Deferred taxation




2024


£






At beginning of year
(5,986)


Charged to profit or loss
(7,434)



At end of year
(13,420)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(13,420)
(5,986)

(13,420)
(5,986)

 
Page 8