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REGISTERED NUMBER: 14554425 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SHELDON HOTEL LIMITED

SHELDON HOTEL LIMITED (REGISTERED NUMBER: 14554425)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SHELDON HOTEL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr S Munroe
Mrs R N Martyna



REGISTERED OFFICE: The Sheldon B&B
9-11 Burlington Place
Eastbourne
East Sussex
BN21 4AS



REGISTERED NUMBER: 14554425 (England and Wales)



BANKERS: Wise Payments Ltd
6th Floor
The Tea Building
26 Shoreditch High Street
London
E1 4JJ

SHELDON HOTEL LIMITED (REGISTERED NUMBER: 14554425)

ABRIDGED BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 135,004 142,337
Tangible assets 5 55,652 34,515
190,656 176,852

CURRENT ASSETS
Debtors 32,580 17,029
Cash at bank 3,915 15,283
36,495 32,312
CREDITORS
Amounts falling due within one year 246,457 195,432
NET CURRENT LIABILITIES (209,962 ) (163,120 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,306

)

13,732

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings (19,307 ) 13,731
SHAREHOLDERS' FUNDS (19,306 ) 13,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SHELDON HOTEL LIMITED (REGISTERED NUMBER: 14554425)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:





Mr S Munroe - Director


SHELDON HOTEL LIMITED (REGISTERED NUMBER: 14554425)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Sheldon Hotel Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis.

Turnover
Turnover represents net invoiced sales of goods and services, excluding VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 15% on cost
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

SHELDON HOTEL LIMITED (REGISTERED NUMBER: 14554425)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 146,668
AMORTISATION
At 1 January 2024 4,331
Amortisation for year 7,333
At 31 December 2024 11,664
NET BOOK VALUE

At 31 December 2024 135,004
At 31 December 2023 142,337

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 37,974
Additions 34,036
At 31 December 2024 72,010
DEPRECIATION
At 1 January 2024 3,459
Charge for year 12,899
At 31 December 2024 16,358
NET BOOK VALUE
At 31 December 2024 55,652
At 31 December 2023 34,515

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
1 Ordinary £1 1 1

SHELDON HOTEL LIMITED (REGISTERED NUMBER: 14554425)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. RELATED PARTY DISCLOSURES

Turnpoint Consulting Ltd:
At 31 December 2024 £2,296 remains outstanding to Sheldon Hotel Ltd in respect of monies received on its behalf.

Portnellan Estate Ltd:
During the year the company purchased fixed assets from Portnellan Estate Ltd totalling £31,800 (inclusive of VAT). At 31 December 2024 £31,800 remained outstanding by the company.

Mr S Munroe:
At 31 December 2024 the managing director, Mr S Munroe, had on an interest-free basis advanced £194,786 to the company. This amount is unsecured and repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S Munroe.