ACCOUNTS - Final Accounts preparation

Registered number: 08697378

DOMINUS HOSPITALITY MANAGEMENT LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

DOMINUS HOSPITALITY MANAGEMENT LIMITED

REGISTERED NUMBER: 08697378

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

	2024	2024	2023	2023
Note	£	£	£	£

Fixed assets
Tangible assets	4		2,577		1,538
Current assets
Debtors: amounts falling due within one year	5	489,522		495,452
Cash at bank and in hand		88,885		51,772
		578,407		547,224
Creditors: amounts falling due within one year	6	(243,867)		(250,565)
Net current assets			334,540		296,659
Total assets less current liabilities			337,117		298,197

Net assets			337,117		298,197

Capital and reserves
Called up share capital	1	1
Profit and loss account	337,116	298,196
	337,117	298,197

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 September 2025.

S S Ahluwalia

Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

DOMINUS HOSPITALITY MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Dominus Hospitality Management Limited is a private company limited by shares and registered in England and Wales. The address of its principal place of business is 14A Shouldham Sreet, Marylebone, London, W1H 5FJ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The company's functional and presentational currency is GBP, rounded to the nearest £1.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

The company provides hospitality management services and revenue is recognised when the service has been provided and rights to income have been established.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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DOMINUS HOSPITALITY MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.3

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

10% on a straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.6

Creditors

Short term creditors are measured at the transaction price.

2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.8

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

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DOMINUS HOSPITALITY MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 10 (2023 - 5).

4.	Tangible fixed assets

		Office equipment
		£
	Cost
	At 1 January 2024	4,401
	Additions	2,316
	At 31 December 2024	6,717
	Depreciation
	At 1 January 2024	2,863
	Charge for the year on owned assets	1,277
	At 31 December 2024	4,140
	Net book value
	At 31 December 2024	2,577
	At 31 December 2023	1,538

Page 4

DOMINUS HOSPITALITY MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Trade debtors	167,565	295,451
Amounts owed by group undertakings	185,001	200,001
Other debtors	13,406	-
Prepayments and accrued income	123,550	-
	489,522	495,452

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	14,549	208,770
Corporation tax	13,599	1,517
Other taxation and social security	92,994	34,189
Other creditors	3,925	589
Accruals and deferred income	118,800	5,500
	243,867	250,565

7.	Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions totalling £3,925 (2023: £589) were payable to the fund at the reporting date and are included in creditors.

Related party transactions

The company has taken advantage of the exemption in FRS 102 from the requirement to disclose transactions with its parent company on the grounds that the company is wholly owned subsidiary.
During the year the company provided management services of £1,816,377 (2023: £1,205,607) to companies under common control. At the balance sheet date amounts due by these companies totalled £289,945 (2022: £295,451) included in debtors. Amounts owed to companies under common control totalled £3,315 (2023: £Nil) included in creditors.

9.	Controlling party

The immediate and ultimate parent company is Dominus UK Holdings Limited whose registered office address is 1 London Street, Reading, Berkshire, RG1 4QW.

Page 5

DOMINUS HOSPITALITY MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

10.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 25 September 2025 by Richard Paul (senior statutory auditor) on behalf of Nyman Libson Paul LLP.

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