Company Registration No. 10005244 (England and Wales)
Amba Hotels (oval) Limited
Unaudited accounts
for the year ended 31 December 2024
Amba Hotels (oval) Limited
Unaudited accounts
Contents
Amba Hotels (oval) Limited
Company Information
for the year ended 31 December 2024
Directors
Nalinkumar Manibhai Patel
Prital Patel
Company Number
10005244 (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
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Amba Hotels (oval) Limited
for the year ended 31 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 (oval) Limited for the year ended
31 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
Amba Hotels (oval) Limited
Statement of financial position
as at 31 December 2024
Intangible assets
30,000
60,000
Tangible assets
5,956,635
5,918,659
Cash at bank and in hand
38,988
36,954
Creditors: amounts falling due within one year
(634,435)
(683,564)
Net current liabilities
(272,250)
(372,107)
Total assets less current liabilities
5,714,385
5,606,552
Creditors: amounts falling due after more than one year
(5,698,039)
(5,714,457)
Net assets/(liabilities)
16,346
(107,905)
Called up share capital
1
1
Revaluation reserve
7,068
7,068
Profit and loss account
9,277
(114,974)
Shareholders' funds
16,346
(107,905)
For the year ending 31 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. 10005244
Amba Hotels (oval) Limited
Notes to the Accounts
for the year ended 31 December 2024
Amba Hotels (oval) Limited is a private company, limited by shares, registered in England and Wales, registration number 10005244. 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.
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.
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
The accounts are presented in £ sterling.
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:
Land & buildings
2% Straight Line
Plant & machinery
25% Reducing Balance
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Amba Hotels (oval) Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill
At 31 December 2024
300,000
Charge for the year
30,000
At 31 December 2024
270,000
At 31 December 2024
30,000
At 31 December 2023
60,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 January 2024
6,624,790
206,508
6,831,298
Additions
40,000
75,060
115,060
At 31 December 2024
6,664,790
281,568
6,946,358
At 1 January 2024
750,692
161,947
912,639
Charge for the year
59,141
17,943
77,084
At 31 December 2024
809,833
179,890
989,723
At 31 December 2024
5,854,957
101,678
5,956,635
At 31 December 2023
5,874,098
44,561
5,918,659
Amounts falling due within one year
Other debtors
320,901
272,207
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
49,661
274,078
Taxes and social security
127,140
54,093
Other creditors
412,265
317,855
Amba Hotels (oval) Limited
Notes to the Accounts
for the year ended 31 December 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
5,670,745
5,681,771
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).