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COMPANY REGISTRATION NUMBER: 10226563
Hotelpartner UK Limited
Filleted Unaudited Financial Statements
For the year ended
31 December 2024
Hotelpartner UK Limited
Statement of Financial Position
31 December 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
4
481
Current assets
Debtors
5
73,271
48,871
Cash at bank and in hand
47,443
30,809
---------
--------
120,714
79,680
Creditors: amounts falling due within one year
6
138,980
187,656
---------
---------
Net current liabilities
18,266
107,976
--------
---------
Total assets less current liabilities
( 18,266)
( 107,495)
--------
---------
Net liabilities
( 18,266)
( 107,495)
--------
---------
Capital and reserves
Called up share capital
1
1
Profit and loss account
( 18,267)
( 107,496)
--------
---------
Shareholder deficit
( 18,266)
( 107,495)
--------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Hotelpartner UK Limited
Statement of Financial Position (continued)
31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 5 August 2025 , and are signed on behalf of the board by:
R J Holland
Director
Company registration number: 10226563
Hotelpartner UK Limited
Notes to the Financial Statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hyde House, Th Hyde, Edgware Road, London, NW96LA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
33% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Tangible assets
Equipment
£
Cost
At 1 January 2024 and 31 December 2024
1,429
-------
Depreciation
At 1 January 2024
948
Charge for the year
481
-------
At 31 December 2024
1,429
-------
Carrying amount
At 31 December 2024
-------
At 31 December 2023
481
-------
5. Debtors
2024
2023
£
£
Trade debtors
62,169
38,584
Other debtors
11,102
10,287
--------
--------
73,271
48,871
--------
--------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
9
Amounts owed to group undertakings and undertakings in which the company has a participating interest
123,703
183,704
Corporation tax
2,859
Social security and other taxes
12,418
3,266
Other creditors
677
---------
---------
138,980
187,656
---------
---------
7. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
R J Holland
( 385)
1,001
616
----
-------
----
2023
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
R J Holland
( 385)
( 385)
----
----
----
8. Controlling party
The company is a wholly own subsidiary of Hotelpartner GmbH, a company registered at 9 Hirschengraben, Bern, Switzerland, 3011.