| Fitzroy Hotel Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
|
Stocks |
|
Property that is currently under development is recorded as stock. Such stock is valued at the lower of cost and net realisable value. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
9 |
|
45,312 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
2,350,267 |
|
2,350,267 |
|
Trade creditors |
- |
|
750 |
|
Other creditors |
4,676,997 |
|
3,675,421 |
|
|
|
|
|
|
7,027,264 |
|
6,026,438 |
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
Fitzroy Hotel Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
4 Bedlam Mews |
|
London |
|
SE11 6DR |