| SYON HOTELS LIMITED |
| Notes to the Accounts |
| for the period from 1 August 2023 to 31 December 2024 |
|
|
| 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). |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 August 2023 |
1,014,320 |
|
At 31 December 2024 |
1,014,320 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 December 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
1,014,320 |
|
At 31 July 2023 |
1,014,320 |
|
|
| 4 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Other debtors |
3,430 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Bank loans and overdrafts |
643,348 |
|
642,335 |
|
Other creditors |
572,358 |
|
450,824 |
|
|
|
|
|
|
1,215,706 |
|
1,093,159 |
|
|
|
|
|
|
|
|
|
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| 6 |
Other information |
|
|
SYON HOTELS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
Sinckot House |
|
211 Station Road |
|
Harrow |
|
HA1 2TP |