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Company Registration No. 05440889 (England and Wales)
Albany Guest House Limited Unaudited accounts for the year ended 31 December 2024
Albany Guest House Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Albany Guest House Limited Company Information for the year ended 31 December 2024
Director
C Durcan
Company Number
05440889 (England and Wales)
Registered Office
84 NORTH PARADE GRANTHAM LINCOLNSHIRE NG31 8AU
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Albany Guest House Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
17
417
Current assets
Debtors
5
14,250
14,250
Cash at bank and in hand
9,292
8,889
23,542
23,139
Creditors: amounts falling due within one year
6
(7,337)
(7,000)
Net current assets
16,205
16,139
Total assets less current liabilities
16,222
16,556
Creditors: amounts falling due after more than one year
7
(16,327)
(19,251)
Net liabilities
(105)
(2,695)
Capital and reserves
Called up share capital
2
2
Profit and loss account
(107)
(2,697)
Shareholders' funds
(105)
(2,695)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 1 September 2025 and were signed on its behalf by
C Durcan Director Company Registration No. 05440889
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Albany Guest House Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Albany Guest House Limited is a private company, limited by shares, registered in England and Wales, registration number 05440889. The registered office is 84 NORTH PARADE, GRANTHAM, LINCOLNSHIRE, NG31 8AU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 January 2024
12,686
At 31 December 2024
12,686
Depreciation
At 1 January 2024
12,269
Charge for the year
400
At 31 December 2024
12,669
Net book value
At 31 December 2024
17
At 31 December 2023
417
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
14,250
14,250
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Albany Guest House Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
Taxes and social security
337
-
Loans from directors
7,000
7,000
7,337
7,000
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
16,327
19,251
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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