REGISTERED NUMBER: 10392441 (England and Wales)

Financial Statements

for the Year Ended 30 December 2024

for

Brayford Hotel Hull Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L M Hall

D A Wann

R J Farrar

REGISTERED OFFICE:

The Circus

Belton Park Road

Skegness

Lincolnshire

PE25 1GU

REGISTERED NUMBER:

10392441 (England and Wales)

AUDITORS:

Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

-

723

CURRENT ASSETS

Stocks

77,652

98,352

Debtors

5

1,848,806

1,727,273

Cash at bank

582,695

448,120

2,509,153

2,273,745

CREDITORS

Amounts falling due within one year

6

1,298,349

1,126,616

NET CURRENT ASSETS

1,210,804

1,147,129

TOTAL ASSETS LESS CURRENT LIABILITIES

1,210,804

1,147,852

CREDITORS

Amounts falling due after more than one year

7

142,581

139,329

NET ASSETS

1,068,223

1,008,523

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,068,123

1,008,423

SHAREHOLDERS' FUNDS

1,068,223

1,008,523

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 17 September 2025 and were signed on its behalf by:

D A Wann - Director

L M Hall - Director

1.	STATUTORY INFORMATION

Brayford Hotel Hull 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

15% on cost

Stocks

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

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 the income statement on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the income statement when due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 130 (2023 - 135 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 31 December 2023

and 30 December 2024

8,845

DEPRECIATION

At 31 December 2023

8,122

Charge for year

723

At 30 December 2024

8,845

NET BOOK VALUE

At 30 December 2024

-

At 30 December 2023

723

5.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

282,161

292,321

Other debtors

152,536

125,269

434,697

417,590

Amounts falling due after more than one year:

Amounts owed by group undertakings

1,414,109

1,309,683

Aggregate amounts

1,848,806

1,727,273

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

290,103

320,861

Taxation and social security

340,684

353,864

Other creditors

667,562

451,891

1,298,349

1,126,616

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

142,581

139,329

8.	LEASING AGREEMENTS

Total operating lease commitments at the year end were £15,364,140 (2023: £16,388,416).

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Shaw BSc FCA (Senior Statutory Auditor)

for and on behalf of Wright Vigar Limited

11.	CONTINGENT LIABILITIES

There is an unlimited cross guarantee in place for the bank debt held by the ultimate parent company and any fellow subsidiary company.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Hull Holdings Limited.

The ultimate controlling party is Brayford Hotels Holdings Limited, the registered office address is Unit 1, The Circus, Belton Park Road, Skegness, PE25 1GU.