REGISTERED NUMBER: 06382332 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Historic Windsor Hotels Limited

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

M Booth

E Booth

SECRETARY:

E Booth

REGISTERED OFFICE:

Second Floor

Curzon House

24 High Street

Banstead

Surrey

SM7 2LJ

REGISTERED NUMBER:

06382332 (England and Wales)

ACCOUNTANTS:

Ascendant Partners Limited

Second Floor

Curzon House

24 High Street

Banstead

Surrey

SM7 2LJ

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Historic Windsor Hotels Limited for the year ended 31 December 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Historic Windsor Hotels Limited, as a body, in accordance with the terms of our engagement letter dated 6 February 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Historic Windsor Hotels Limited and state those matters that we have agreed to state to the Board of Directors of Historic Windsor Hotels Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Historic Windsor Hotels Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Historic Windsor Hotels Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Historic Windsor Hotels Limited. You consider that Historic Windsor Hotels Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Historic Windsor Hotels Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ascendant Partners Limited

Second Floor

Curzon House

24 High Street

Banstead

Surrey

SM7 2LJ

12 August 2025

FIXED ASSETS

Property, plant and equipment

4

943

383

Investments

5

7,633,587

7,633,587

7,634,530

7,633,970

CURRENT ASSETS

Debtors

6

171,671

120,121

Cash at bank

2,005

10,229

173,676

130,350

CREDITORS

Amounts falling due within one year

7

1,209,791

1,165,958

NET CURRENT LIABILITIES

(1,036,115

)

(1,035,608

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,598,415

6,598,362

CREDITORS

Amounts falling due after more than one year

8

(4,949,556

)

(4,947,310

)

PROVISIONS FOR LIABILITIES

(179

)

(73

)

NET ASSETS

1,648,680

1,650,979

CAPITAL AND RESERVES

Called up share capital

2,430,000

2,430,000

Retained earnings

(781,320

)

(779,021

)

SHAREHOLDERS' FUNDS

1,648,680

1,650,979

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by:

E Booth - Director

1.	STATUTORY INFORMATION

Historic Windsor Hotels Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The preparation of the financial statements requires the directors to make an assessment of the entity's ability to continue as a going concern. The directors have reviewed the position and have concluded that it remains appropriate to prepare these financial statements on a going concern basis.

The directors have also confirmed that they will continue to support the company for at least the next twelve

months and have the financial resources to do so.

Preparation of consolidated financial statements

The financial statements contain information about Historic Windsor Hotels Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Revenue

Revenue represents management charges receivable from the company's subsidiaries, excluding value added tax.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 January 2024

658

Additions

870

At 31 December 2024

1,528

DEPRECIATION

At 1 January 2024

275

Charge for year

310

At 31 December 2024

585

NET BOOK VALUE

At 31 December 2024

943

At 31 December 2023

383

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

7,633,587

NET BOOK VALUE

At 31 December 2024

7,633,587

At 31 December 2023

7,633,587

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

171,499

118,920

Social security and other taxes

172

1,201

171,671

120,121

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

3,398

Amounts owed to group undertakings

1,207,691

1,160,460

Accrued expenses

2,100

2,100

1,209,791

1,165,958

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Directors' loan accounts

4,949,556

4,947,310

9.	RELATED PARTY DISCLOSURES

The company is the parent company of Royal Adelaide Hotel (Windsor) Limited and The Christopher Hotel Eton Limited. During the year under review the company made management charges to Royal Adelaide Hotel (Windsor) Limited of £71,980 (2023: £44,000) and The Christopher Hotel Eton Limited of £46,020 (2023: £28,000).

At the balance sheet date, the amounts outstanding were as follows:

2024

2023

Due from

Due to

Due from

Due to

£

£

£

£

Royal Adelaide Hotel (Windsor) Limited

-

1,207,691

-

1,160,460

The Christopher Hotel Eton Limited

171,499

-

118,920

-

171,499

1,207,691

118,920

1,160,460

The loans are interest free and repayable on demand.

At the balance sheet date the amount owed by the company to the directors was £4,949,556 (2023: £4,947,310). This loan is interest free.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.