Company Registration No. NI633240 (Northern Ireland)
Curran Court Hotel 2017 Limited
Unaudited accounts
for the year ended 31 March 2025
Curran Court Hotel 2017 Limited
Statement of financial position
as at 31 March 2025
Tangible assets
878,165
918,053
Creditors: amounts falling due within one year
(575,144)
(496,114)
Net current liabilities
(542,387)
(461,263)
Total assets less current liabilities
335,778
456,790
Creditors: amounts falling due after more than one year
(204,796)
(308,542)
Net assets
130,982
148,248
Called up share capital
50,000
50,000
Profit and loss account
80,982
98,248
Shareholders' funds
130,982
148,248
For the year ending 31 March 2025 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 20 August 2025 and were signed on its behalf by
Brian McRandal
Director
Company Registration No. NI633240
Curran Court Hotel 2017 Limited
Notes to the Accounts
for the year ended 31 March 2025
Curran Court Hotel 2017 Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI633240. The registered office is Unit 2 Channel Wharf, 21 Old Channel Road , Belfast , Antrim, BT3 9DE.
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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 director believes that Curran Court Hotel 2017 Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, Curran Court Hotel 2017 Limited continues to adopt the going concern basis in preparation of its financial statements.
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:
Land & buildings
2% Straight Line
Fixtures & fittings
25% Straight Line
Intangible fixed assets (including website costs) are included at cost less accumulated amortisation.
Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 5 years.
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow-moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
Turnover comprises the invoice value of hospitality services supplied by the company, exclusive of trade discounts and value added tax. Revenue from a contract to provide hospitality services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
Curran Court Hotel 2017 Limited
Notes to the Accounts
for the year ended 31 March 2025
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Intangible fixed assets
Goodwill
Other
Total
At 1 April 2024
70,000
8,203
78,203
At 31 March 2025
70,000
8,203
78,203
At 1 April 2024
70,000
8,203
78,203
At 31 March 2025
70,000
8,203
78,203
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
919,374
323,599
1,242,973
At 31 March 2025
919,374
335,614
1,254,988
At 1 April 2024
119,089
205,831
324,920
Charge for the year
18,388
33,515
51,903
At 31 March 2025
137,477
239,346
376,823
At 31 March 2025
781,897
96,268
878,165
At 31 March 2024
800,285
117,768
918,053
Amounts falling due within one year
Trade debtors
18,782
17,396
Curran Court Hotel 2017 Limited
Notes to the Accounts
for the year ended 31 March 2025
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
108,960
87,456
Trade creditors
51,644
65,291
Taxes and social security
11,614
503
Other creditors
33,386
34,422
Loans from directors
280,302
233,525
Deferred income
20,712
17,524
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Creditors: amounts falling due after more than one year
2025
2024
Bank loans
136,934
239,484
Other creditors
66,667
66,667
Deferred income
1,195
2,391
Bank loan secured as follows:
Fixed and floating charge over the property and undertaking of the company.
Allotted, called up and fully paid:
40,000 A Ordinary shares of £1 each
40,000
40,000
10,000 B Ordinary Shares of £1 each
10,000
10,000
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Average number of employees
During the year the average number of employees was 52 (2024: 59).