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REGISTERED NUMBER: 00434025 (England and Wales)















Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31 December 2024

for

Seckford Hall Hotel Limited

Seckford Hall Hotel Limited (Registered number: 00434025)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Strategic Report 2

Report of the Directors 4

Report of the Independent Auditors 5

Income Statement 9

Other Comprehensive Income 10

Balance Sheet 11

Statement of Changes in Equity 12

Cash Flow Statement 13

Notes to the Cash Flow Statement 14

Notes to the Financial Statements 16


Seckford Hall Hotel Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr M Chittenden
Miss T Madge





REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE





REGISTERED NUMBER: 00434025 (England and Wales)





AUDITORS: Cartwrights
Chartered Accountants and Business Advisors
Statutory Auditor
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Seckford Hall Hotel Limited (Registered number: 00434025)

Strategic Report
for the Year Ended 31 December 2024

The directors present their strategic report for the year ended 31 December 2024.

REVIEW OF BUSINESS
The company is a wedding venue provider and a hotel operation, the same as in the previous year. Our strategy remains to grow the business organically by investing and improving the entity's facilities, sales force and advertising.

For the current year, revenue and profit rose compared to 2023 reflecting the impact of the business strategy and a return in consumer confidence following previous years economic conditions. The performance and profitability of the company is in line with our expectations. Given the tough micro and macro economic conditions, the directors are satisfied with the results and financial position of the company.

Key performance indicators

Performance of the company is monitored internally using a variety of statutory and alternative performance measures (APMs) and key performance indicators (KPls). APMs are used where management considers they are more representative of underlying trading or in monitoring performance against the company's objectives.

Turnover is an important metric as it reflects the core underlying activities of the company by adding together the turnover from each venue.

Gross Margin is an important metric as it provides valuable insight into whether the company is pricing it's services appropriately.

Operating profit is an important metric as it is an indirect measure of efficiency. The higher the net profit, the more profitable the company's core business is.

Earnings before interest, tax, depreciation and amortisation ("EBITDA") is considered, by management, to be informative as it reflects operating profit adjusted for non-cash charges.

The figures for these 4 key performance measures are stated below:

2024 2023
Turnover £4,247,129 £3,229,616
Gross profit margin 76% 73%
Operating profit/(loss) £350,913 (£130,056 )
EBITDA £595,641 £49,837


Turnover, operating profit and EDITDA all increased for the year, This is accordance with our expectation of the company's performance.

With the experience gained in the wedding and Spa industry by the directors, we are confident that the company has the potential to succeed despite the current economic climate. The aim of the company is to provide high end quality services to our customers.


Seckford Hall Hotel Limited (Registered number: 00434025)

Strategic Report
for the Year Ended 31 December 2024

PRINCIPAL RISKS AND UNCERTAINTIES
In the course of normal business, the company continually assesses significant risks faced and takes action to mitigate the potential impacts. The principle risks (which is not intended to be a comprehensive analysis) facing the company are as follows:

Financial and liquidity

The general health of the UK economy and individuals disposable income is important to the company's success. The company manages any potential downturn in the economy by a policy of structuring payment plans for customers..

Operating capital - The availability of operating capital is crucial to ensuring that the company has sufficient funds to meet its liabilities as they fall due to suppliers and employees. The company manages this by reviewing the cash flow regularly, using variance analysis between actual and budgeted, and tracks on a rolling year to ensure sufficient funds are available.

Operational risks

Customer service - The company relies on its teams to provide quality customer service. Teams are provided with rigorous training, covering customer service, digital tools to inform risk and mitigate thereafter to ensure that high standards and customer experience are maintained.

Health and safety - All staff are provided with comprehensive training to ensure they are all aware of the risks and how they can help to mitigate them.

ON BEHALF OF THE BOARD:





Mr M Chittenden - Director


11 July 2025

Seckford Hall Hotel Limited (Registered number: 00434025)

Report of the Directors
for the Year Ended 31 December 2024

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

DIVIDENDS
No dividends will be distributed for the year ended 31 December 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

Mr M Chittenden
Miss T Madge

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, Cartwrights, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





Mr M Chittenden - Director


11 July 2025

Report of the Independent Auditors to the Members of
Seckford Hall Hotel Limited

Opinion
We have audited the financial statements of Seckford Hall Hotel Limited (the 'company') for the year ended 31 December 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
Seckford Hall Hotel Limited


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of
Seckford Hall Hotel Limited


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations, and that they remained alert to instances of non-compliance throughout the audit.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- based on our understanding of the company and industry, and through discussions with directors and key management, we identified any specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, environmental and health and safety legislation; and
- we assessed the extent of compliance with these laws and regulations through making enquiries of management and inspecting legal correspondence.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and
- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

- performed analytical procedures to identify any unusual or unexpected relationships;
- tested journal entries, particularly focused around the year-end, to identify unusual transactions;
- assessed whether judgements and assumptions made in determining the accounting estimates in the notes to the financial statements were indicative of potential bias; and
- investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- agreeing financial statement disclosures to underlying supporting documentation;
- reading the minutes of meetings of those charged with governance;
- enquiring of management as to actual and potential litigation and claims; and
- reviewing correspondence with HMRC, relevant regulators and the company's legal advisors.

There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditors responsibilities. This description forms part of our Report of the Auditors.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of
Seckford Hall Hotel Limited


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Eric McIntyre (Senior Statutory Auditor)
for and on behalf of Cartwrights
Chartered Accountants and Business Advisors
Statutory Auditor
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

11 July 2025

Seckford Hall Hotel Limited (Registered number: 00434025)

Income Statement
for the Year Ended 31 December 2024

31/12/24 31/12/23
Notes £    £   

TURNOVER 4,247,129 3,229,616

Cost of sales (1,003,677 ) (868,065 )
GROSS PROFIT 3,243,452 2,361,551

Administrative expenses (2,892,539 ) (2,464,855 )
350,913 (103,304 )

Other operating income - (26,752 )
OPERATING PROFIT/(LOSS) 4 350,913 (130,056 )

Interest receivable and similar income 70,791 103,200
421,704 (26,856 )

Interest payable and similar expenses 5 (122,574 ) (155,410 )
PROFIT/(LOSS) BEFORE TAXATION 299,130 (182,266 )

Tax on profit/(loss) 6 (60,278 ) (138,592 )
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

238,852

(320,858

)

Seckford Hall Hotel Limited (Registered number: 00434025)

Other Comprehensive Income
for the Year Ended 31 December 2024

31/12/24 31/12/23
Notes £    £   

PROFIT/(LOSS) FOR THE YEAR 238,852 (320,858 )


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

238,852

(320,858

)

Seckford Hall Hotel Limited (Registered number: 00434025)

Balance Sheet
31 December 2024

31/12/24 31/12/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 5,566,125 5,044,569

CURRENT ASSETS
Stocks 8 50,430 51,586
Debtors 9 1,584,420 1,776,794
Cash at bank and in hand 559,695 96,811
2,194,545 1,925,191
CREDITORS
Amounts falling due within one year 10 3,422,456 3,130,457
NET CURRENT LIABILITIES (1,227,911 ) (1,205,266 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,338,214

3,839,303

CREDITORS
Amounts falling due after more than one
year

11

(882,927

)

(683,146

)

PROVISIONS FOR LIABILITIES 14 (405,851 ) (345,573 )
NET ASSETS 3,049,436 2,810,584

CAPITAL AND RESERVES
Called up share capital 15 12,000 12,000
Share premium 16 798,000 798,000
Revaluation reserve 16 1,716,640 1,716,640
Retained earnings 16 522,796 283,944
SHAREHOLDERS' FUNDS 3,049,436 2,810,584

The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by:





Mr M Chittenden - Director


Seckford Hall Hotel Limited (Registered number: 00434025)

Statement of Changes in Equity
for the Year Ended 31 December 2024

Called up
share Retained Share Revaluation Total
capital earnings premium reserve equity
£    £    £    £    £   
Balance at 1 January 2023 12,000 604,802 798,000 1,716,640 3,131,442

Changes in equity
Deficit for the year - (320,858 ) - - (320,858 )
Total comprehensive income - (320,858 ) - - (320,858 )
Balance at 31 December 2023 12,000 283,944 798,000 1,716,640 2,810,584

Changes in equity
Profit for the year - 238,852 - - 238,852
Total comprehensive income - 238,852 - - 238,852
Balance at 31 December 2024 12,000 522,796 798,000 1,716,640 3,049,436

Seckford Hall Hotel Limited (Registered number: 00434025)

Cash Flow Statement
for the Year Ended 31 December 2024

31/12/24 31/12/23
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 937,364 787,130
Interest paid (122,574 ) (155,410 )
Net cash from operating activities 814,790 631,720

Cash flows from investing activities
Purchase of tangible fixed assets (737,017 ) (567,341 )
Interest received 70,791 103,200
Net cash from investing activities (666,226 ) (464,141 )

Cash flows from financing activities
New loans in year 500,000 -
Loan repayments in year (74,939 ) (43,505 )
Capital repayments in year (708 ) -
Amount withdrawn by directors (110,033 ) 106,000
Net cash from financing activities 314,320 62,495

Increase in cash and cash equivalents 462,884 230,074
Cash and cash equivalents at beginning of
year

2

96,811

(133,263

)

Cash and cash equivalents at end of year 2 559,695 96,811

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Cash Flow Statement
for the Year Ended 31 December 2024

1. RECONCILIATION OF PROFIT/(LOSS) BEFORE TAXATION TO CASH GENERATED FROM
OPERATIONS

31/12/24 31/12/23
£    £   
Profit/(loss) before taxation 299,130 (182,266 )
Depreciation charges 244,728 179,893
Finance costs 122,574 155,410
Finance income (70,791 ) (103,200 )
595,641 49,837
Decrease/(increase) in stocks 1,156 (21,976 )
Increase in trade and other debtors (105,204 ) (24,755 )
Increase in trade and other creditors 445,771 784,024
Cash generated from operations 937,364 787,130

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 December 2024
31/12/24 1/1/24
£    £   
Cash and cash equivalents 559,695 96,811
Year ended 31 December 2023
31/12/23 1/1/23
£    £   
Cash and cash equivalents 96,811 17,686
Bank overdrafts - (150,949 )
96,811 (133,263 )


Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Cash Flow Statement
for the Year Ended 31 December 2024

3. ANALYSIS OF CHANGES IN NET DEBT

Other
non-cash
At 1/1/24 Cash flow changes At 31/12/24
£    £    £    £   
Net cash
Cash at bank
and in hand 96,811 462,884 559,695
96,811 462,884 559,695
Debt
Finance leases - 708 - (28,560 )
Debts falling due
within 1 year (46,912 ) (25,000 ) - (71,912 )
Debts falling due
after 1 year (457,769 ) (400,061 ) - (857,830 )
(504,681 ) (424,353 ) - (958,302 )
Total (407,870 ) 38,531 - (398,607 )

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Seckford Hall 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.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the fair value of services rendered under contract to the extent that there is a right to consideration and is recorded at the value of the consideration due, net of trade discounts, rebates, value added tax and other sales taxes.

Revenue is recognised when the amount of turnover can be measured reliably and conditions as stated in the contracts are satisfied. Where payments are received from customers in advance of service provided, the amounts are recorded as deferred income and included as part of creditors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and Machinery - 10% SL
Computer Equipment - 10% SL
Fixtures and Fittings - 10% SL
Motor Vehicle - 15% SL

No provision for depreciation of freehold buildings has been made on the grounds that the amount is not material.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS
31/12/24 31/12/23
£    £   
Wages and salaries 1,715,579 1,426,205
Social security costs 134,122 84,892
1,849,701 1,511,097

The average number of employees during the year was as follows:
31/12/24 31/12/23

Administrative and operational staff 98 77

31/12/24 31/12/23
£    £   
Directors' remuneration - -

4. OPERATING PROFIT/(LOSS)

The operating profit (2023 - operating loss) is stated after charging:

31/12/24 31/12/23
£    £   
Hire of plant and machinery 6,631 5,936
Depreciation - owned assets 244,729 179,893

5. INTEREST PAYABLE AND SIMILAR EXPENSES
31/12/24 31/12/23
£    £   
Bank interest 122,574 155,410

6. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
31/12/24 31/12/23
£    £   
Deferred tax 60,278 138,592
Tax on profit/(loss) 60,278 138,592

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 3,548,774 102,279 2,952,484
Additions - 99,180 628,363
At 31 December 2024 3,548,774 201,459 3,580,847
DEPRECIATION
At 1 January 2024 - 15,672 1,592,070
Charge for year - 15,553 218,123
At 31 December 2024 - 31,225 1,810,193
NET BOOK VALUE
At 31 December 2024 3,548,774 170,234 1,770,654
At 31 December 2023 3,548,774 86,607 1,360,414

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 - 79,664 6,683,201
Additions 34,214 4,528 766,285
At 31 December 2024 34,214 84,192 7,449,486
DEPRECIATION
At 1 January 2024 - 30,890 1,638,632
Charge for year 2,851 8,202 244,729
At 31 December 2024 2,851 39,092 1,883,361
NET BOOK VALUE
At 31 December 2024 31,363 45,100 5,566,125
At 31 December 2023 - 48,774 5,044,569

8. STOCKS
31/12/24 31/12/23
£    £   
Stocks 50,430 51,586

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 122,754 91,956
Amounts owed by group undertakings 215,262 512,840
Other debtors 1,196,754 1,148,924
Prepayments and accrued income 49,650 23,074
1,584,420 1,776,794

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans and overdrafts (see note 12) 71,912 46,912
Hire purchase contracts (see note 13) 3,463 -
Trade creditors 678,571 363,014
Sales Incomplete - 8,458
Amounts owed to group undertakings 1,490,535 1,769,285
Social security and other taxes 40,785 28,779
Wages Control 138,547 106,070
Pensions control 9,406 4,893
VAT 147,239 110,158
Company credit card 11,361 11,167
Other creditors 280,066 238,187
Directors' current accounts 967 111,000
Accruals and deferred income 549,604 332,534
3,422,456 3,130,457

11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/24 31/12/23
£    £   
Bank loans (see note 12) 857,830 457,769
Hire purchase contracts (see note 13) 25,097 -
Other creditors - 225,377
882,927 683,146

12. LOANS

An analysis of the maturity of loans is given below:

31/12/24 31/12/23
£    £   
Amounts falling due within one year or on demand:
Bank loans 71,912 46,912

Amounts falling due between one and two years:
Bank loans - 1-2 years 71,912 46,912

Amounts falling due between two and five years:
Bank loans - 2-5 years 571,986 140,736

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

12. LOANS - continued
31/12/24 31/12/23
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 213,932 270,121

13. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31/12/24 31/12/23
£    £   
Net obligations repayable:
Within one year 3,463 -
Between one and five years 25,097 -
28,560 -

14. PROVISIONS FOR LIABILITIES
31/12/24 31/12/23
£    £   
Deferred tax
Accelerated capital allowances 405,851 345,573

Deferred
tax
£   
Balance at 1 January 2024 345,573
Provided during year 60,278
Balance at 31 December 2024 405,851

15. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/24 31/12/23
value: £    £   
12,000 Ordinary £1 12,000 12,000

16. RESERVES
Retained Share Revaluation
earnings premium reserve Totals
£    £    £    £   

At 1 January 2024 283,944 798,000 1,716,640 2,798,584
Profit for the year 238,852 238,852
At 31 December 2024 522,796 798,000 1,716,640 3,037,436

Seckford Hall Hotel Limited (Registered number: 00434025)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

17. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in other debtors and other creditors are the following balances owed by companies under the control of the director, M Chittenden:

2024 2023

The Ordnance Depot Ltd 29,310 30,000
Eastgate Street Ltd 70,000 70,000
Stanwood Holdings Ltd 963.200 963,200
MRM 47 Ltd 76,452 76,452
Measured Media Ltd (16,371 ) (49,871 )

At the balance sheet date, an amount of £967 (2023: £111,000) was owed to the directors of the company.

18. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Heritage Rocks Ltd.