ACCOUNTS - Final Accounts preparation

Company Registration Number 13049934

	OMNI HOTELS DONCASTER LIMITED

	UNAUDITED FINANCIAL STATEMENTS

	FOR THE YEAR ENDED 30 NOVEMBER 2024

OMNI HOTELS DONCASTER LIMITED

REGISTERED NUMBER: 13049934

BALANCE SHEET

AS AT 30 NOVEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Intangible assets	4		352,868		601,951
Tangible assets	5		1,775,578		1,773,016
			2,128,446		2,374,967
Current assets
Stocks		2,411		3,231
Debtors: amounts falling due within one year	6	254,864		419,372
Cash at bank and in hand	7	171,482		259,060
		428,757		681,663
Creditors: amounts falling due within one year	8	(647,443)		(1,045,537)
Net current liabilities			(218,686)		(363,874)
Total assets less current liabilities			1,909,760		2,011,093
Provisions for liabilities
Deferred tax	9	(8,980)		-
			(8,980)		-
Net assets			1,900,780		2,011,093

Capital and reserves
Called up share capital	2,300,000	2,300,000
Profit and loss account	(399,220)	(288,907)
	1,900,780	2,011,093

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OMNI HOTELS DONCASTER LIMITED

REGISTERED NUMBER: 13049934

BALANCE SHEET (CONTINUED)

AS AT 30 NOVEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 by:

R G H Ladha

Director

Date: 25 September 2025

The notes on pages 3 to 9 form part of these financial statements.

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OMNI HOTELS DONCASTER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

1.	General information

The entity is a private company limited by shares, incorporated in England. Its registered number is 13049934.
The principal activity of the company is that of a hotel operator.
Omni Hotels Doncaster Limited has its registered office at 11 Beavor Lane, London, England, W6 9AR. The entity's principal place of business is First Point Business Park, Bullrush Grove, Balby, Doncaster DN4 8SJ.
The financial statements are presented in pounds sterling, rounded to the nearest pound, as this is the currency of the primary economic environment in which the company operates.

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 following principal accounting policies have been applied:

2.2

Going concern

In preparing these financial statements, the Director has given careful consideration to the current and anticipated future solvency of the Company and it's ability to continue as a going concern for the foreseeable future.
The Director has considered the expected activity of the Company in the 12 months from the date of issue of these financial statements, the funds available to the Company, and its expected future cashflows, and determined that the Company can settle its liabilities as they fall due.
The Director has concluded from this review that the financial statements should be prepared on a going concern basis.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

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OMNI HOTELS DONCASTER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

2.4

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:

Sale of food & drink - turnover from retail sales and the sale of food and beverages is recognised at the point of sale.
Rendering of services - turnover from room sales and other guest services are recognised when rooms are occupied and as services are provided.

2.5

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.

2.6

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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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OMNI HOTELS DONCASTER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

2.8

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life.

The estimated useful lives range as follows:

Goodwill

years

2.9

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.

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:

Freehold property	-	1%	Straight line
Plant and machinery	-	20%	Straight line
Fixtures and fittings	-	20%	Straight line

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.

2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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OMNI HOTELS DONCASTER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

2.12

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

Employees

The average monthly number of employees, including directors, during the year was 22 (2023 - 23).

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OMNI HOTELS DONCASTER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

4.	Intangible assets

		Goodwill
		£
	Cost
	At 1 December 2023	1,245,416
	At 30 November 2024	1,245,416
	Amortisation
	At 1 December 2023	643,465
	Charge for the year on owned assets	249,083
	At 30 November 2024	892,548
	Net book value
	At 30 November 2024	352,868
	At 30 November 2023	601,951

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OMNI HOTELS DONCASTER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

5.	Tangible fixed assets

	Freehold property	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost or valuation
At 1 December 2023	1,711,499	42,793	144,613	1,898,905
Additions	-	71,448	-	71,448
At 30 November 2024	1,711,499	114,241	144,613	1,970,353
Depreciation
At 1 December 2023	44,214	17,819	63,856	125,889
Charge for the year on owned assets	17,115	22,848	28,923	68,886
At 30 November 2024	61,329	40,667	92,779	194,775
Net book value
At 30 November 2024	1,650,170	73,574	51,834	1,775,578
At 30 November 2023	1,667,285	24,974	80,758	1,773,017

Debtors

					2024	2023
					£	£


Trade debtors	11,492	22,722
Other debtors	221,459	375,975
Prepayments and accrued income	21,913	20,675
	254,864	419,372

7.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	171,482	259,060
	171,482	259,060

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OMNI HOTELS DONCASTER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

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

Trade creditors	150,401	146,169
Corporation tax	64,445	21,052
Other taxation and social security	49,237	65,602
Other creditors	208,215	612,442
Accruals and deferred income	175,145	200,272
	647,443	1,045,537

9.	Deferred taxation

		2024
		£

	Charged to profit or loss	(8,980)
	At end of year	(8,980)

					2024	2023
					£	£

	Timing differences	(8,980)	-
		(8,980)	-

10.	Related party transactions
	Amounts transferred from related parties through common control were £104,320 (2023: £117,583). Amounts transferred to related parties through common control were £375,998 (2023: £130,715). At the balance sheet date £183,294 (2023: £593,012) was owed to related parties through common control and £162,610 (2023: £300,650) was owed from related parties through common control.

11.	Controlling party

The Company's parent undertaking at the balance sheet date was Omni Hotels Holdco Limited. Their registered address is 11 Beavor Lane, London, England, W6 9AR.
The ultimate controlling party at the date the accounts were issued was Riaz Ladha.

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