Pearl Hotel (Slough) Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11146992

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	3,283,414		1,826,643
Cash at bank and in hand		248,576		892,409

		3,531,990		2,719,052
Creditors: Amounts Falling Due Within One Year	5	(3,031,890 )		(2,218,952 )

NET CURRENT ASSETS (LIABILITIES)			500,100		500,100

TOTAL ASSETS LESS CURRENT LIABILITIES			500,100		500,100

NET ASSETS			500,100		500,100

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			500,000		500,000

SHAREHOLDERS' FUNDS			500,100		500,100

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Z H Somani

Director

14 July 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Pearl Hotel (Slough) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11146992 . The registered office is Oakwood House Guildford Road, Bucks Green, Horsham, West Sussex, RH12 3JJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2023: 19)

4. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	427	40,748
Amounts owed by group undertakings	3,242,128	1,765,786
Other debtors	40,859	20,109

	3,283,414	1,826,643

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	119,398	177,639
Other creditors	2,782,836	1,909,399
Taxation and social security	129,656	131,914

	3,031,890	2,218,952

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

7. Contingent Liabilities

The Company has provided security for bank loans of £21,709,474 provided to Pearl Hotels Holding Limited. The Company is a 100% subsidiary of Pearl Hotels Holding Limited, the ultimate parent company. The security is provided by a fixed and floating charge over the assets of the Company.

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Pearl Hotel (Slough) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

9. Audit Information

The auditor's report on the accounts of Pearl Hotel (Slough) Limited for the year ended 31 December 2024 was unqualified.

The auditor's report was signed by Mukund Amin (Senior Statutory Auditor) for and on behalf of Affinity Associates Limited , Statutory Auditor.

Affinity Associates Limited

11/12 Hallmark Trading Centre

Fourth Way

Wembley

Middlesex

HA9 0LB

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