Company Registration No. 07646013 (England and Wales)
Albright Hussey Hotel Limited
Unaudited accounts
for the year ended 31 October 2024
Albright Hussey Hotel Limited
Unaudited accounts
Contents
Albright Hussey Hotel Limited
Company Information
for the year ended 31 October 2024
Directors
P Subbiani
F Subbiani
Company Number
07646013 (England and Wales)
Registered Office
ALBRIGHT HUSSEY HOTEL
ELLESMERE ROAD
SHREWSBURY
SHROPSHIRE
SY4 3AF
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Albright Hussey Hotel Limited
Statement of financial position
as at 31 October 2024
Tangible assets
52,332
53,905
Debtors
1,557,011
1,457,714
Cash at bank and in hand
109,029
161,903
Creditors: amounts falling due within one year
(434,246)
(412,939)
Net current assets
1,246,910
1,221,792
Total assets less current liabilities
1,299,242
1,275,697
Creditors: amounts falling due after more than one year
(3,532)
-
Provisions for liabilities
Deferred tax
(9,943)
(10,242)
Net assets
1,285,767
1,265,455
Called up share capital
100
100
Profit and loss account
1,285,667
1,265,355
Shareholders' funds
1,285,767
1,265,455
For the year ending 31 October 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 29 July 2025 and were signed on its behalf by
P Subbiani
Director
Company Registration No. 07646013
Albright Hussey Hotel Limited
Notes to the Accounts
for the year ended 31 October 2024
Albright Hussey Hotel Limited is a private company, limited by shares, registered in England and Wales, registration number 07646013. The registered office is ALBRIGHT HUSSEY HOTEL, ELLESMERE ROAD, SHREWSBURY, SHROPSHIRE, SY4 3AF.
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.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% per annum reducing balance
Fixtures & fittings
15% per annum reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2023
56,360
67,212
123,572
At 31 October 2024
56,360
74,874
131,234
At 1 November 2023
46,928
22,739
69,667
Charge for the year
1,415
7,820
9,235
At 31 October 2024
48,343
30,559
78,902
At 31 October 2024
8,017
44,315
52,332
At 31 October 2023
9,432
44,473
53,905
Albright Hussey Hotel Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
1,546,693
1,439,604
Accrued income and prepayments
264
264
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
23,532
Trade creditors
26,066
52,029
Taxes and social security
78,596
76,300
Other creditors
226,203
205,366
Loans from directors
37,117
1,398
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
During the period the company purchased £107089 (2023: £176022) in goods and
services from The Albright Hussey Hotel, a business in which both Mr F Subbiani and
Mr P Subbiani are partners.
The balance owed from the partnership at 31st October 2024 is £1546693 (2023: £1439604).
10
Average number of employees
During the year the average number of employees was 24 (2023: 26).