1 September 2023 v2025.57.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP121730382023-09-012024-08-31121730382024-08-31121730382023-08-3112173038core:WithinOneYear2024-08-3112173038core:WithinOneYear2023-08-3112173038core:ShareCapital2024-08-3112173038core:ShareCapital2023-08-3112173038core:RetainedEarningsAccumulatedLosses2024-08-3112173038core:RetainedEarningsAccumulatedLosses2023-08-3112173038bus:Director12023-09-012024-08-3112173038bus:RegisteredOffice2023-09-012024-08-31121730382022-09-012023-08-3112173038core:PlantMachinery2024-08-3112173038core:PlantMachinery2023-09-0112173038core:PlantMachinery2023-09-012024-08-3112173038core:PlantMachinery2023-08-311217303812023-09-012024-08-3112173038countries:EnglandWales2023-09-012024-08-3112173038bus:AuditExemptWithAccountantsReport2023-09-012024-08-3112173038bus:PrivateLimitedCompanyLtd2023-09-012024-08-3112173038bus:SmallEntities2023-09-012024-08-3112173038bus:FullAccounts2023-09-012024-08-31
Company registration number:
12173038
Paddington Central Hotel Ltd
Unaudited Filleted Financial Statements for the year ended
31 August 2024
Clientline Tax Limited trading as On The Spot
Part of a franchise network
No. 1 Middle Floor, 12 Guithavon Street, Witham, Essex, CM8 1BN, United Kingdom
Paddington Central Hotel Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Paddington Central Hotel Ltd
Year ended
31 August 2024
As described on the statement of financial position, the Board of Directors of
Paddington Central Hotel Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 August 2024
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Clientline Tax Limited trading as On The Spot
Part of a franchise network
No. 1 Middle Floor
12 Guithavon Street
Witham
Essex
CM8 1BN
United Kingdom
Date:
21 August 2025
Paddington Central Hotel Ltd
Statement of Financial Position
31 August 2024
20242023
Note££
Fixed assets    
Tangible assets 5
17,823
 
23,763
 
Current assets    
Debtors 6
292,836
 
449,771
 
Cash at bank and in hand
13,285
 
15,247
 
306,121
 
465,018
 
Creditors: amounts falling due within one year 7
(279,305
)
(438,722
)
Net current assets
26,816
 
26,296
 
Total assets less current liabilities 44,639   50,059  
Provisions for liabilities
(280
)
242
 
Net assets
44,359
 
50,301
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
44,259
 
50,201
 
Shareholders funds
44,359
 
50,301
 
For the year ending
31 August 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
21 August 2025
, and are signed on behalf of the board by:
Mr Bashir Pirbhai
Director
Company registration number:
12173038
Paddington Central Hotel Ltd
Notes to the Financial Statements
Year ended
31 August 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
15 Harvil Road Ickenham
,
Uxbridge
,
UB10 8AJ
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Going concern

Although the difficult trading conditions experienced by this sector have resulted in negative reserves for the company, the directors continue to maintain a profit and have therefore continued to adopt the going concern basis of accounting.

Turnover

Revenue, described as turnover, is the value of services (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services. Revenue is recognised on the sale of services when the services are delivered and title has passed. Revenue is recognised on the provision of services on a percentage degree of completion basis calculated by reference to the time expended compared to the total anticipated time.

Financial instruments

Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Defined contribution pension plan

The company operates a defined contribution scheme. The assets of the scheme are held separately from those of the company in independently administered funds. The pension costs charge represents contributions payable for the period by the company to the fund.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2023:
4
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 September 2023
and
31 August 2024
47,871
 
Depreciation  
At
1 September 2023
24,108
 
Charge
5,940
 
At
31 August 2024
30,048
 
Carrying amount  
At
31 August 2024
17,823
 
At 31 August 2023
23,763
 

6 Debtors

20242023
££
Other debtors
292,836
 
449,771
 

7 Creditors: amounts falling due within one year

20242023
££
Trade creditors
(77,890
)
83,124
 
Taxation and social security
11,219
 
42,193
 
Other creditors
345,976
 
313,405
 
279,305
 
438,722