Company Registration No. 10951377 (England and Wales)
Armani Hospitality Ltd
Unaudited accounts
for the year ended 30 September 2024
Armani Hospitality Ltd
Unaudited accounts
Contents
Armani Hospitality Ltd
Company Information
for the year ended 30 September 2024
Company Number
10951377 (England and Wales)
Registered Office
Flat 7, Roy Ridley House
Clapham Road Estate
London
SW4 6LX
England
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Armani Hospitality Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
5,167
5,180
Cash at bank and in hand
116,913
119,050
Creditors: amounts falling due within one year
(15,622)
(46,443)
Net current assets
101,519
72,766
Called up share capital
100
100
Profit and loss account
106,586
77,846
Shareholders' funds
106,686
77,946
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 23 May 2025 and were signed on its behalf by
Mario Armani
Director
Company Registration No. 10951377
Armani Hospitality Ltd
Notes to the Accounts
for the year ended 30 September 2024
Armani Hospitality Ltd is a private company, limited by shares, registered in England and Wales, registration number 10951377. The registered office is Flat 7, Roy Ridley House, Clapham Road Estate, London, SW4 6LX, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
over 4 years
Computer equipment
over 4 years
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Armani Hospitality Ltd
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
26,099
4,129
30,228
At 30 September 2024
26,099
4,724
30,823
At 1 October 2023
21,619
3,429
25,048
Charge for the year
-
608
608
At 30 September 2024
21,619
4,037
25,656
At 30 September 2024
4,480
687
5,167
At 30 September 2023
4,480
700
5,180
Amounts falling due after more than one year
Accrued income and prepayments
228
159
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,396
11,555
Other creditors
1,897
1,896
Loans from directors
2,161
27,162
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).