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Company Registration No. 04376159 (England and Wales)
Amba Hotels Limited Unaudited accounts for the year ended 29 December 2024
Amba Hotels Limited Unaudited accounts Contents
Page
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Amba Hotels Limited Company Information for the year ended 29 December 2024
Directors
Nalinkumar Manibhai Patel Prital Patel
Secretary
Prital Patel
Company Number
04376159 (England and Wales)
Registered Office
30-32 St. Georges Drive London SW1V 4BN England
Accountants
ANDERTONS EUROPE LIMITED 1st Floor 156 Cromwell Road London SW7 4EF
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Amba Hotels Limited for the year ended 29 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Amba Hotels Limited for the year ended 29 December 2024 as set out on pages 5 - 8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
ANDERTONS EUROPE LIMITED Chartered Certified Accountants 1st Floor 156 Cromwell Road London SW7 4EF 23 June 2025
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Amba Hotels Limited Statement of financial position as at 29 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,660,610 
12,820,853 
Current assets
Debtors
6,702,097 
93,823 
Cash at bank and in hand
23,424 
647 
6,725,521 
94,470 
Creditors: amounts falling due within one year
(2,754,369)
(2,619,497)
Net current assets/(liabilities)
3,971,152 
(2,525,027)
Total assets less current liabilities
17,631,762 
10,295,826 
Creditors: amounts falling due after more than one year
(12,815,844)
(5,844,318)
Net assets
4,815,918 
4,451,508 
Capital and reserves
Called up share capital
100,000 
100,000 
Revaluation reserve
5,546,850 
5,546,850 
Profit and loss account
(830,932)
(1,195,342)
Shareholders' funds
4,815,918 
4,451,508 
For the year ending 29 December 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 directors acknowledge their 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 of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by
Nalinkumar Manibhai Patel Director Company Registration No. 04376159
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Amba Hotels Limited Notes to the Accounts for the year ended 29 December 2024
1
Statutory information
Amba Hotels Limited is a private company, limited by shares, registered in England and Wales, registration number 04376159. The registered office is 30-32 St. Georges Drive, , London, SW1V 4BN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for room revenue and food and beverage sales provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Tangible fixed assets and depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures & fittings
10% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets - goodwill
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is five years.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Amba Hotels Limited Notes to the Accounts for the year ended 29 December 2024
Government grants
Government grants are recongnised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as liability.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 30 December 2023
60,000 
At 29 December 2024
60,000 
Amortisation
At 30 December 2023
60,000 
At 29 December 2024
60,000 
Net book value
At 29 December 2024
- 
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 30 December 2023
15,519,515 
1,030,308 
12,317 
16,562,140 
Additions
1,014,000 
- 
- 
1,014,000 
At 29 December 2024
16,533,515 
1,030,308 
12,317 
17,576,140 
Depreciation
At 30 December 2023
2,951,822 
777,297 
12,168 
3,741,287 
Charge for the year
148,915 
25,301 
27 
174,243 
At 29 December 2024
3,100,737 
802,598 
12,195 
3,915,530 
Net book value
At 29 December 2024
13,432,778 
227,710 
122 
13,660,610 
At 29 December 2023
12,567,693 
253,011 
149 
12,820,853 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
28,074 
Other debtors
6,702,097 
65,749 
6,702,097 
93,823 
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Amba Hotels Limited Notes to the Accounts for the year ended 29 December 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
135,620 
- 
Trade creditors
611,961 
203,278 
Amounts owed to group undertakings and other participating interests
- 
235,000 
Taxes and social security
59,670 
9,782 
Other creditors
1,443,309 
1,462,255 
Loans from directors
493,809 
699,182 
2,754,369 
2,619,497 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,815,844 
5,099,721 
Other creditors
- 
744,597 
12,815,844 
5,844,318 
The bank loans are secured by way of a fixed charge on the freehold and leasehold properties and a floating charges on the assets of the company.
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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