BrightAccountsProduction v1.0.0 v1.0.0 2023-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activities of the company are to carry on the business of buying, owning, developing, selling and investing in commercial and private property, to rent, lease and maintain same, construction of commercial and private property, roads and pathways, acting as contractors and sub contractors, general building work and any other associated activity or service. 29 July 2025 1 1 NI003728 2024-10-31 NI003728 2023-10-31 NI003728 2022-10-31 NI003728 2023-11-01 2024-10-31 NI003728 2022-11-01 2023-10-31 NI003728 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 NI003728 uk-curr:PoundSterling 2023-11-01 2024-10-31 NI003728 uk-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 NI003728 uk-bus:FullAccounts 2023-11-01 2024-10-31 NI003728 uk-bus:Director1 2023-11-01 2024-10-31 NI003728 uk-bus:CompanySecretaryDirector1 2023-11-01 2024-10-31 NI003728 uk-bus:CompanySecretary1 2023-11-01 2024-10-31 NI003728 uk-bus:RegisteredOffice 2023-11-01 2024-10-31 NI003728 uk-bus:Agent1 2023-11-01 2024-10-31 NI003728 uk-core:ShareCapital 2024-10-31 NI003728 uk-core:ShareCapital 2023-10-31 NI003728 uk-core:OtherReservesSubtotal 2024-10-31 NI003728 uk-core:OtherReservesSubtotal 2023-10-31 NI003728 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 NI003728 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 NI003728 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 NI003728 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-10-31 NI003728 uk-bus:FRS102 2023-11-01 2024-10-31 NI003728 uk-core:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 NI003728 uk-core:MotorVehicles 2023-11-01 2024-10-31 NI003728 uk-core:CurrentFinancialInstruments 2024-10-31 NI003728 uk-core:CurrentFinancialInstruments 2023-10-31 NI003728 uk-core:WithinOneYear 2024-10-31 NI003728 uk-core:WithinOneYear 2023-10-31 NI003728 uk-core:AfterOneYear 2024-10-31 NI003728 uk-core:AfterOneYear 2023-10-31 NI003728 uk-core:WithinOneYear 2024-10-31 NI003728 uk-core:WithinOneYear 2023-10-31 NI003728 uk-core:BetweenOneTwoYears 2024-10-31 NI003728 uk-core:BetweenOneTwoYears 2023-10-31 NI003728 uk-core:BetweenTwoFiveYears 2024-10-31 NI003728 uk-core:BetweenTwoFiveYears 2023-10-31 NI003728 uk-core:ParentEntities 2023-11-01 2024-10-31 NI003728 2023-11-01 2024-10-31 NI003728 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
Company Registration Number: NI003728
 
 
The Imperial Hotel (Enniskillen) Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 October 2024



The Imperial Hotel (Enniskillen) Limited
DIRECTORS AND OTHER INFORMATION

 
Directors Mr J L Cooper
Mrs M Cooper
 
 
Company Secretary Mrs M Cooper
 
 
Company Registration Number NI003728
 
 
Registered Office 23 Crest Road
Enniskillen
Co Fermanagh
BT74 6JJ
Northern Ireland
 
 
Business Address c/o Mr James Cooper
Cooper Wilkinson Solicitors
Imperial Buildings
Enniskillen
Co Fermanagh
BT74 7BY
Northern Ireland
 
 
Accountants Cooper Irvine Ltd
Chartered Accountants
6 Townhall St
Enniskillen
Fermanagh
BT74 7BA
Northern Ireland
 
 
Bankers Danske Bank
  Omagh Finance Centre
  5-7 Market Street
  Co Tyrone
  BT78 1BN
  Northern Ireland
 
   
Solicitors Cooper Wilkinson Limited
  Imperial Buildings
  Queen Elizabeth Road
  Co Fermanagh
  Northern Ireland



The Imperial Hotel (Enniskillen) Limited
Company Registration Number: NI003728
STATEMENT OF FINANCIAL POSITION
as at 31 October 2024

2024 2023
Notes £ £
 
Non-Current Assets
Property, plant and equipment 5 1,284,642 1,285,860
───────── ─────────
 
Current Assets
Debtors 6 621,013 543,999
Cash and cash equivalents 3,340 7,201
───────── ─────────
624,353 551,200
───────── ─────────
Creditors: amounts falling due within one year 7 (205,622) (190,619)
───────── ─────────
Net Current Assets 418,731 360,581
───────── ─────────
Total Assets less Current Liabilities 1,703,373 1,646,441
 
Creditors:
amounts falling due after more than one year 8 (4,496) (11,122)
───────── ─────────
Net Assets 1,698,877 1,635,319
═════════ ═════════
 
Capital and Reserves
Called up share capital 15,000 15,000
Other reserves 1,057,121 1,057,121
Retained earnings 626,756 563,198
───────── ─────────
Equity attributable to owners of the company 1,698,877 1,635,319
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.
           
For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 29 July 2025 and signed on its behalf by
           
           
________________________________          
Mr J L Cooper          
Director          
           



The Imperial Hotel (Enniskillen) Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 October 2024

   
1. General Information
 
The Imperial Hotel (Enniskillen) Limited is a company limited by shares incorporated in the Northern Ireland
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 October 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
The whole of the company's turnover is attributable to its market in the United Kingdom and is derived from the principal activity of buying, owning, developing, selling and investing in commercial and private property, to rent, lease and maintain same, construction of commercial and private property, roads and pathways, acting as contractors and sub contractors, general building work and any other associated activity or service.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 10% Straight Line
  Motor vehicles - 25% Straight Line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Income Statement.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.
 
Share capital of the company
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
 
Preference share capital
The dividend rights of the preference shares are non-cumulative and payment is at the discretion of the company. The preference shares carry voting rights at meetings. Based on their characteristics the preference shares are considered to be presented as equity and not liabilities. There is no option to redeem the preference shares.
   
3. Going concern
 
Provided the banks continue to provide the same level of facilities which they have done previously, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
       
4. Employees
 
The average monthly number of employees, including directors, during the financial year was 1, (2023 - 1).
 
  2024 2023
  Number Number
 
Employees 1 1
  ═════════ ═════════
           
5. Property, plant and equipment
  Investment Fixtures, Motor Total
  properties fittings and vehicles  
    equipment    
  £ £ £ £
Cost or Valuation
At 1 November 2023 1,275,000 66,629 8,290 1,349,919
  ───────── ───────── ───────── ─────────
 
At 31 October 2024 1,275,000 66,629 8,290 1,349,919
  ───────── ───────── ───────── ─────────
Depreciation
At 1 November 2023 - 56,654 7,405 64,059
Charge for the financial year - 997 221 1,218
  ───────── ───────── ───────── ─────────
At 31 October 2024 - 57,651 7,626 65,277
  ───────── ───────── ───────── ─────────
Net book value
At 31 October 2024 1,275,000 8,978 664 1,284,642
  ═════════ ═════════ ═════════ ═════════
At 31 October 2023 1,275,000 9,975 885 1,285,860
  ═════════ ═════════ ═════════ ═════════
 
The directors are of the opinion that the value of the investment properties in the accounts, reflects the fair value of the properties as at 31 October 2023.
       
6. Debtors 2024 2023
  £ £
 
Amounts owed by group undertakings (Note 9) 621,013 543,999
  ═════════ ═════════
       
7. Creditors 2024 2023
Amounts falling due within one year £ £
 
Bank loan 107,075 107,523
Trade creditors 1,722 1,674
Amounts owed to connected parties (Note 9) 56,992 56,992
Taxation 12,284 11,904
Directors' current accounts 25,479 10,558
Other creditors 348 348
Accruals 1,722 1,620
  ───────── ─────────
  205,622 190,619
  ═════════ ═════════
 
Securities held by Danske Bank
        - Legal Mortgage over 4/6 Townhall St & Offices fronting Queen Elizabeth Rd
        - Floating Charge
        - Fixed Charge over Book Debts
       - Legal Mortgage over Lands at Gobluske, Gobluske, Enniskillen
       - Company Guarantee
       - Cross Company Guarantee
       
8. Creditors 2024 2023
Amounts falling due after more than one year £ £
 
Bank loan 4,496 11,122
  ═════════ ═════════
 
Loans
Repayable in one year or less, or on demand (Note 7) 107,075 107,523
Repayable between one and two years 4,496 7,523
Repayable between two and five years - 3,599
  ───────── ─────────
  111,571 118,645
  ═════════ ═════════
 
           
9. Related party transactions
 
The following amounts are due to other connected parties:
      2024 2023
      £ £
 
Imperial Properties Ltd     56,992 56,992
      ═════════ ═════════
 
Imperial Hotel (Enniskillen) Limited has made a specific provision of £30,420 in respect of the loan due to it by RJW Developments Limited. The loan outstanding at the balance sheet date is £506,052. A specific provision was previously made for £475,632.
         
Transactions and balances with group companies:
 
    2024 2023
    £ £
 
Group Undertaking Debtors
 
Derrychara Properties Limited   613,838 537,320
J & W Cooper Developments Ltd   7,175 6,679
    ───────── ─────────
    621,013 543,999
    ═════════ ═════════
   
10. Parent company
 
The company regards J & W Cooper Developments Ltd as its parent company. The Imperial Hotel (Enniskillen) Limited is a wholly owned subsidiary of J & W Cooper Developments Ltd.