The Keswick Hotel Company Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03295036

The Keswick Hotel Company Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2024

The Keswick Hotel Company Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Current assets

Debtors	4	33,741	14,868
Cash at bank and in hand		–	13,732
		----------	----------
		33,741	28,600

Creditors: amounts falling due within one year	5	10,605		4,308
		----------		----------
Net current assets			23,136	24,292
			----------	----------
Total assets less current liabilities			23,136	24,292

Creditors: amounts falling due after more than one year	6	556	1,859
		----------	----------
Net assets		22,580	22,433
		----------	----------

Capital and reserves

Called up share capital	2	2
Profit and loss account	22,578	22,431
	----------	----------
Shareholders funds	22,580	22,433
	----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31st December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

The Keswick Hotel Company Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 15 September 2025 , and are signed on behalf of the board by:

Mr R Burns
Director

Company registration number: 03295036

The Keswick Hotel Company Limited

Notes to the Financial Statements

Year ended 31st December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 15 East Avenue, Warrington, Cheshire, WA4 2BA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

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. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures & Fittings	-	15% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Debtors

	2024	2023
	£	£

Other debtors	33,741	14,868
	----------	----------

5. Creditors: amounts falling due within one year

	2024	2023
	£	£

Bank loans and overdrafts	7,361	1,384
Other creditors	3,244	2,924
	----------	--------
	10,605	4,308
	----------	--------

6. Creditors: amounts falling due after more than one year

	2024	2023
	£	£

Bank loans and overdrafts	556	1,859
	-----	--------

7. Director's advances, credits and guarantees

During the period Mr R Burns borrowed funds interest free from the company. As at the balance sheet date £33,741 was owed to the company, this was repaid to the company after the year end.(2023: £14,868 was owed to the company).