ACCOUNTS - Final Accounts

Registered number: 04330382

THE EUSTON SQUARE HOTEL LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

THE EUSTON SQUARE HOTEL LIMITED

REGISTERED NUMBER: 04330382

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	1		1
		1		1
Total assets less current liabilities			1		1

Net assets			1		1

Capital and reserves
Called up share capital	1	1
	1	1

For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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 profit and loss account 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:

N N Virji

Director

Date: 26 September 2025

The notes on page 2 form part of these financial statements.

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THE EUSTON SQUARE HOTEL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

The Euston Square Hotel Limited (04330382) is a private company limited by shares and incorporated in England and Wales. The registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

Employees

The average monthly number of employees, including the directors, during the year was as follows:

	2024	2023
	No.	No.

Directors	2	2

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	1	1
	1	1

Related party transactions

The company has granted a debenture and cross guarantee with regard to a bank borrowing by Edgecross Limited, the company's subsidiary undertaking. At the balance sheet date, this borrowing amounted to £5,000,000 (2023: £6,600,000).
The bank borrowings in Edgecross Limited have been further secured by way of a share charge in favour of the bank over the entire issued share capital of the company's wholly owned subsidiaries Edgecross Limited and Plangrove Limited. There is also a share charge in place in favour of the bank over the entire issued share capital of Edgecross Limited's subsidiaries, Virji Nominees Limited and The Euston Square Hotel Limited.

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