Acorah Software Products - Accounts Production 16.5.460 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 05472591 Mrs Y M Graham-Roe true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05472591 2024-04-30 05472591 2025-04-30 05472591 2024-05-01 2025-04-30 05472591 frs-core:CurrentFinancialInstruments 2025-04-30 05472591 frs-core:FurnitureFittings 2025-04-30 05472591 frs-core:FurnitureFittings 2024-05-01 2025-04-30 05472591 frs-core:FurnitureFittings 2024-04-30 05472591 frs-core:NetGoodwill 2025-04-30 05472591 frs-core:NetGoodwill 2024-04-30 05472591 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-30 05472591 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-01 2025-04-30 05472591 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 05472591 frs-core:PlantMachinery 2025-04-30 05472591 frs-core:PlantMachinery 2024-05-01 2025-04-30 05472591 frs-core:PlantMachinery 2024-04-30 05472591 frs-core:ShareCapital 2025-04-30 05472591 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 05472591 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 05472591 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 05472591 frs-bus:SmallEntities 2024-05-01 2025-04-30 05472591 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 05472591 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 05472591 1 2024-05-01 2025-04-30 05472591 frs-bus:Director1 2024-05-01 2025-04-30 05472591 frs-countries:EnglandWales 2024-05-01 2025-04-30 05472591 2023-04-30 05472591 2024-04-30 05472591 2023-05-01 2024-04-30 05472591 frs-core:CurrentFinancialInstruments 2024-04-30 05472591 frs-core:ShareCapital 2024-04-30 05472591 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 05472591
M G R Hotels Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
M G R Hotels Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
M G R Hotels Limited
Statement of Financial Position
As At 30 April 2025
Statement of Financial Position
Registered number: 05472591

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 1 |  | 1
Tangible Assets | 5 |  | 318,684 |  | 351,511
|  |  | 318,685 |  | 351,512
CURRENT ASSETS
Stocks |  | 10,000 |  | 16,291 |
Debtors | 6 | 312,223 |  | 292,092 |
Investments | 7 | 429,788 |  | 413,895 |
Cash at bank and in hand |  | 177,212 |  | 76,688 |
|  | 929,223 |  | 798,966 |
Creditors: Amounts Falling Due Within One Year | 8 | (210,141 ) |  | (213,722 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 719,082 |  | 585,244
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,037,767 |  | 936,756
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (54,205 ) |  | (58,064 )
NET ASSETS |  |  | 983,562 |  | 878,692
CAPITAL AND RESERVES
Called up share capital |  |  | 200,002 |  | 200,002
Income Statement |  |  | 783,560 |  | 678,690
SHAREHOLDERS' FUNDS |  |  | 983,562 |  | 878,692

Page 1
Page 2
M G R Hotels Limited
Statement of Financial Position (continued)
As At 30 April 2025
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board

Mrs Y M Graham-Roe Director
01/08/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
M G R Hotels Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
M G R Hotels Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05472591 . The registered office is First Floor, Embsay Mill, Embsay, Skipton, North Yorkshire, BD23 6QR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The financial statements are prepared under the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Income from food and bar sales is recognised on a point of sale basis.
Income from rooms is recognised on departure of the guest.
Income from functions is recognised once that function has taken place.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold | Straight line over the term of the lease
Plant & Machinery | 15% reducing balance
Fixtures & Fittings | 10% reducing balance

2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the company 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.
Debt instruments are subsequently measured at amortised cost.
2.6. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
2.7. Pensions
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
Page 3
Page 4
M G R Hotels Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.8. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
2.9. Impairment
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. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.
The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 37 (2024: 36)
37 36
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 May 2024 | 1
As at 30 April 2025 | 1
Net Book Value
As at 30 April 2025 | 1
As at 1 May 2024 | 1

5. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Fixtures & Fittings | Total
| £ | £ | £ | £
Cost
As at 1 May 2024 | 293,403 | 92,697 | 733,150 | 1,119,250
Additions | - | - | 9,737 | 9,737
As at 30 April 2025 | 293,403 | 92,697 | 742,887 | 1,128,987
Depreciation
As at 1 May 2024 | 149,802 | 82,196 | 535,741 | 767,739
Provided during the period | 20,514 | 1,575 | 20,475 | 42,564
As at 30 April 2025 | 170,316 | 83,771 | 556,216 | 810,303

...CONTINUED
Page 4
Page 5
M G R Hotels Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025

Net Book Value
As at 30 April 2025 | 123,087 | 8,926 | 186,671 | 318,684
As at 1 May 2024 | 143,601 | 10,501 | 197,409 | 351,511

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 7,292 |  | 7,296
Prepayments and accrued income | 10,931 |  | 10,796
Other debtors | 289,000 |  | 274,000
Other taxes and social security | 5,000 |  | -
| 312,223 |  | 292,092

7. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Listed investments | 429,788 |  | 413,895

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 56,046 |  | 59,463
Corporation tax | 36,801 |  | 21,628
VAT | 55,057 |  | 44,152
Accruals and deferred income | 60,987 |  | 83,754
Director's loan account | 1,250 |  | 4,725
| 210,141 |  | 213,722

9. Pension Commitments
The company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £3,123 (2024 - £3,823).
Contributions totalling £nil (2024 - £nil) were payable to the fund at the year end, and are included in creditors: amounts falling due within one year.
10. Related Party Transactions
Included in creditors: amounts falling due within one year, is a directors loan account balance of £1,250 (2024 - £4,725) owing to Mrs Y M Graham-Roe.
The balance is interest free and repayable on demand.
11. Ultimate Controlling Party
The company is under the control of Mr N C Roe and Mrs Y M Graham-Roe, who are interested in 100% of the company's issued share capital which carry voting rights.
Page 5