Nine Hotel Investments Limited 09665284 true 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is that of a property company. Digita Accounts Production Advanced 6.30.9574.0 true Mr Phatahchand Ghanshamdas Mulchandani Mr Ravi Mulchandani Mrs Nikkita Mulchandani Morgan Mr Rajeev Phatahchand Mulchandani 09665284 2024-01-01 2024-12-31 09665284 2024-12-31 09665284 bus:OrdinaryShareClass1 2024-12-31 09665284 core:RetainedEarningsAccumulatedLosses 2024-12-31 09665284 core:ShareCapital 2024-12-31 09665284 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 09665284 core:FurnitureFittingsToolsEquipment 2024-12-31 09665284 core:LandBuildings 2024-12-31 09665284 core:DeferredTaxation 2024-12-31 09665284 bus:FRS102 2024-01-01 2024-12-31 09665284 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09665284 bus:FullAccounts 2024-01-01 2024-12-31 09665284 bus:RegisteredOffice 2024-01-01 2024-12-31 09665284 bus:Director1 2024-01-01 2024-12-31 09665284 bus:Director2 2024-01-01 2024-12-31 09665284 bus:Director3 2024-01-01 2024-12-31 09665284 bus:Director4 2024-01-01 2024-12-31 09665284 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 09665284 bus:EntityNoLongerTradingButTradedInPast 2024-01-01 2024-12-31 09665284 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09665284 core:FurnitureFittings 2024-01-01 2024-12-31 09665284 core:LandBuildings 2024-01-01 2024-12-31 09665284 core:MotorVehicles 2024-01-01 2024-12-31 09665284 core:OfficeEquipment 2024-01-01 2024-12-31 09665284 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-01-01 2024-12-31 09665284 countries:EnglandWales 2024-01-01 2024-12-31 09665284 2023-12-31 09665284 core:FurnitureFittingsToolsEquipment 2023-12-31 09665284 core:LandBuildings 2023-12-31 09665284 core:DeferredTaxation 2023-12-31 09665284 2023-01-01 2023-12-31 09665284 2023-12-31 09665284 bus:OrdinaryShareClass1 2023-12-31 09665284 core:RetainedEarningsAccumulatedLosses 2023-12-31 09665284 core:ShareCapital 2023-12-31 09665284 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 09665284 core:FurnitureFittingsToolsEquipment 2023-12-31 09665284 core:LandBuildings 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09665284

Nine Hotel Investments Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2024

Nine Hotel Investments Limited

Profit and Loss Account for the Year Ended 31 December 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Nine Hotel Investments Limited

(Registration number: 09665284)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 3 | 4,515,100 | 4,515,100
Creditors: Amounts falling due within one year | 5 | (4,485,365) | (4,485,365)
Total assets less current liabilities |  | 29,735 | 29,735
Provisions for liabilities | 6 | (78,894) | (78,894)
Net liabilities |  | (49,159) | (49,159)
Capital and reserves |  |  |
Called up share capital | 7 | 2 | 2
Retained earnings |  | (49,161) | (49,161)
Shareholders' deficit |  | (49,159) | (49,159)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 4 September 2025 and signed on its behalf by:

......................................... Mr Phatahchand Ghanshamdas Mulchandani Director

Nine Hotel Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Imperial House, 18 Eley Road
Edmonton
London
N18 3BB
United Kingdom

These financial statements were authorised for issue by the Board on 4 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The Directors expect the company to continue for the foreseeable future, and therefore the accounts are being prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold property | Straight line over 30 years
Motor vehicles | 25% reducing balance
Fixture & fittings | 25% reducing balance
Office equipment | 25% reducing balance

Nine Hotel Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 January 2024 | 5,068,889 | 328,433 | 5,397,322
At 31 December 2024 | 5,068,889 | 328,433 | 5,397,322
Depreciation
At 1 January 2024 | 728,951 | 153,271 | 882,222
At 31 December 2024 | 728,951 | 153,271 | 882,222
Carrying amount
At 31 December 2024 | 4,339,938 | 175,162 | 4,515,100
At 31 December 2023 | 4,339,938 | 175,162 | 4,515,100

Included within the net book value of land and buildings above is £4,339,939 (2023 - £4,339,939) in respect of freehold land and buildings.

4 | Debtors

Current | 2024 £ | 2023 £
| - | -

Nine Hotel Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5 | Creditors

| 2024 £ | 2023 £
Due within one year |  |
Other payables | 4,485,365 | 4,485,365

6 | Provisions for liabilities

| Deferred tax £ | Total £
At 1 January 2024 | 78,894 | 78,894
At 31 December 2024 | 78,894 | 78,894

7 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Share capital of £1 each | 2 | 2 | 2 | 2

8 | Related party transactions

Summary of transactions with all entities with joint control or significant interest

Nine Hotel Investments Ltd recived management services from a connected entity and incurs fees of £Nil
(2023: £Nil which is charged at an arms length basis.
At the balance sheet date, the amount due to companies with the same ultimate beneficial owners of Nine Hotel Investments Ltd was £4,337,133 (2023: £4,337,133). These have been disclosed in other creditors.

9 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).