SUPERBUDGET HOTELS LTD

Company Registration Number:
08692252 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

SUPERBUDGET HOTELS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

SUPERBUDGET HOTELS LTD

Balance sheet

As at 30 September 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 841,948 717,754
Total fixed assets: 841,948 717,754
Current assets
Debtors:   1,573,154 1,555,339
Cash at bank and in hand: 27,461 78,978
Total current assets: 1,600,615 1,634,317
Creditors: amounts falling due within one year:   (306,269) (229,957)
Net current assets (liabilities): 1,294,346 1,404,360
Total assets less current liabilities: 2,136,294 2,122,114
Creditors: amounts falling due after more than one year:   (188,000) (264,500)
Total net assets (liabilities): 1,948,294 1,857,614
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 1,947,994 1,857,314
Shareholders funds: 1,948,294 1,857,614

The notes form part of these financial statements

SUPERBUDGET HOTELS LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 September 2025
and signed on behalf of the board by:

Name: Mr Avtar Chima
Status: Director

The notes form part of these financial statements

SUPERBUDGET HOTELS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SUPERBUDGET HOTELS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 30 28

SUPERBUDGET HOTELS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 2,658,890
Additions 284,022
Disposals (4,000)
At 30 September 2024 2,938,912
Depreciation
At 01 October 2023 1,941,136
Charge for year 159,828
On disposals (4,000)
At 30 September 2024 2,096,964
Net book value
At 30 September 2024 841,948
At 30 September 2023 717,754

SUPERBUDGET HOTELS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: As at 30 September 2024, the Company owed to the directors an amount totalling £49,007 (2023: £20,252). The amount was loaned to the Company in order to facilitate its operating activities.
£
Balance at 01 October 2023 20,252
Balance at 30 September 2024 49,007
Name of the related party:
Relationship:
Associate
Description of the Transaction: As at 30 September 2024, the Company was due an amount from the associated companies totalling £1,540,290 (2023: £1,497,390). The amount was loaned to the associated company in order to facilitate its operating and financing operations.
£
Balance at 01 October 2023 1,497,390
Balance at 30 September 2024 1,540,290