REGISTERED NUMBER: 11875571 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

The Christopher Hotel Eton Limited

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

M Booth

Mrs E Booth

REGISTERED OFFICE:

Second Floor

Curzon House

24 High Street

Banstead

Surrey

SM7 2LJ

REGISTERED NUMBER:

11875571 (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 The Christopher Hotel Eton 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 The Christopher Hotel Eton Limited, as a body, in accordance with the terms of our engagement letter dated 15 July 2019. Our work has been undertaken solely to prepare for your approval the financial statements of The Christopher Hotel Eton Limited and state those matters that we have agreed to state to the Board of Directors of The Christopher Hotel Eton 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 The Christopher Hotel Eton Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Christopher Hotel Eton 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 The Christopher Hotel Eton Limited. You consider that The Christopher Hotel Eton 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 The Christopher Hotel Eton 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

Intangible assets

4

106,000

130,000

Property, plant and equipment

5

141,372

156,290

247,372

286,290

CURRENT ASSETS

Inventories

10,536

10,060

Debtors

6

392,922

387,947

Cash at bank and in hand

3,692

22,045

407,150

420,052

CREDITORS

Amounts falling due within one year

7

697,240

599,160

NET CURRENT LIABILITIES

(290,090

)

(179,108

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(42,718

)

107,182

CREDITORS

Amounts falling due after more than one year

8

1,475,193

1,464,944

NET LIABILITIES

(1,517,911

)

(1,357,762

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,518,011

)

(1,357,862

)

(1,517,911

)

(1,357,762

)

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:

Mrs E Booth - Director

1.	STATUTORY INFORMATION

The Christopher Hotel Eton 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

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 this and consider it appropriate to prepare the

financial statements on a going concern basis.

Revenue

Revenue represents net invoiced sales, excluding value added tax. Revenue is recognised on date of guest departure.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold property & improvements

-

over the period of the lease

Fixtures and fittings

-

25% per annum on reducing balance

Computer equipment

-

25% per annum on cost

Inventories

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

240,000

AMORTISATION

At 1 January 2024

110,000

Charge for year

24,000

At 31 December 2024

134,000

NET BOOK VALUE

At 31 December 2024

106,000

At 31 December 2023

130,000

5.	PROPERTY, PLANT AND EQUIPMENT

Leasehold

Fixtures

property

and

Computer

& improvements

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

87,299

198,293

4,667

290,259

Additions

-

11,014

-

11,014

Disposals

-

(8,301

)

(563

)

(8,864

)

At 31 December 2024

87,299

201,006

4,104

292,409

DEPRECIATION

At 1 January 2024

9,972

119,441

4,556

133,969

Charge for year

2,182

21,106

27

23,315

Eliminated on disposal

-

(5,761

)

(486

)

(6,247

)

At 31 December 2024

12,154

134,786

4,097

151,037

NET BOOK VALUE

At 31 December 2024

75,145

66,220

7

141,372

At 31 December 2023

77,327

78,852

111

156,290

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

23,185

16,426

Other debtors

138,387

118,474

Deferred tax asset

198,707

220,134

Prepayments

32,643

32,913

392,922

387,947

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

30,000

30,021

Trade creditors

27,477

37,698

Amounts owed to group undertakings

553,349

443,083

Social security and other taxes

46,811

47,564

Other creditors

21,819

19,641

Accruals and deferred income

17,784

21,153

697,240

599,160

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

12,500

30,000

Bank loans - 2-5 years

-

12,500

Directors' loan accounts

1,462,693

1,422,444

1,475,193

1,464,944

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank overdraft

-

21

HSBC UK Bank Plc holds a fixed and floating charge dated 13 May 2020 over the assets of the company.

The bank overdraft and corporate credit card are secured by personal guarantees from the directors of £50,000 and £10,000 respectively.

10.	RELATED PARTY DISCLOSURES

The company is a subsidiary of Historic Windsor Hotels Limited. The directors Mr M Booth and Mrs E Booth are also directors of Royal Adelaide Hotel (Windsor) Limited, which is a fellow subsidiary of Historic Windsor Hotels Limited. During the year under review the company paid management charges to Historic Windsor Hotels 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

£

£

£

£

Historic Windsor Hotels Limited

-

171,499

-

118,920

Royal Adelaide Hotel (Windsor) Limited

-

381,850

-

324,163

-

553,349

-

443,083

The loans are interest free and repayable on demand.

At the balance sheet date the amount owed by the company to the directors was £1,462,693 (2023:£1,422,444). This loan is interest free.

11.	ULTIMATE CONTROLLING PARTY

The company is a wholly-owned subsidiary of Historic Windsor Hotels Limited, which is controlled by Mr and Mrs Booth. Historic Windsor Hotels Limited's registered office address is Second Floor, Curzon House, 24 High Street, Banstead, Surrey, SM7 2LJ.