Company Registration No. 13062592 (England and Wales)
Cascade Hospitality Ltd
Unaudited accounts
for the year ended 31 December 2024
Cascade Hospitality Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
251,644
257,440
Cash at bank and in hand
3,672
11,416
Creditors: amounts falling due within one year
(21,154)
(55,211)
Net current liabilities
(10,037)
(31,386)
Total assets less current liabilities
241,607
226,054
Creditors: amounts falling due after more than one year
(323,000)
(292,774)
Net liabilities
(81,393)
(66,720)
Called up share capital
2
2
Profit and loss account
(81,395)
(66,722)
Shareholders' funds
(81,393)
(66,720)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by
Samuel Mashford
Director
Company Registration No. 13062592
Cascade Hospitality Ltd
Notes to the Accounts
for the year ended 31 December 2024
Cascade Hospitality Ltd is a private company, limited by shares, registered in England and Wales, registration number 13062592. The registered office is The Black Bull , East Witton Road, Middleham, Leyburn, DL8 4NX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25.00% Straight Line
Fixtures & fittings
25.00% Straight Line
Computer equipment
33.33% Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Cascade Hospitality Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
249,361
13,722
9,549
132
272,764
At 31 December 2024
249,361
13,722
9,549
132
272,764
At 1 January 2024
-
8,441
6,751
132
15,324
Charge for the year
-
3,421
2,375
-
5,796
At 31 December 2024
-
11,862
9,126
132
21,120
At 31 December 2024
249,361
1,860
423
-
251,644
At 31 December 2023
249,361
5,281
2,798
-
257,440
Amounts falling due within one year
Accrued income and prepayments
509
513
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
19,484
Trade creditors
7,733
20,390
Taxes and social security
1,282
(1,918)
Loans from directors
201
3,030
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
323,000
284,000
8
Transactions with related parties
At the financial year end the company owed the Directors £0 (2023 - £287,030).
Cascade Hospitality Ltd
Notes to the Accounts
for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 6 (2023: 12).