The Royal Hotel (Essex) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09277224 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

The Royal Hotel (Essex) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

M Chittenden

REGISTERED OFFICE:

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

REGISTERED NUMBER:

09277224 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Tangible assets

4

841,841

846,020

CURRENT ASSETS

Stocks

1,222,964

Debtors

5

487,965

435,735

Cash at bank

32,371

19,695

1,743,300

1,678,394

CREDITORS

Amounts falling due within one year

6

809,965

764,694

NET CURRENT ASSETS

933,335

913,700

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,775,176

1,759,720

CREDITORS

Amounts falling due after more than one
year

7

(1,416,408

)

(1,421,792

)

PROVISIONS FOR LIABILITIES

(2,254

)

(3,298

)

NET ASSETS

356,514

334,630

CAPITAL AND RESERVES

Called up share capital

300,000

Retained earnings

56,514

34,630

356,514

334,630

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 26 September 2025 and were signed by:

M Chittenden - Director

1.	STATUTORY INFORMATION

The Royal Hotel (Essex) Ltd 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.

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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost and 10% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2024

and 31 December 2024

832,827

50,429

883,256

DEPRECIATION

At 1 January 2024

-

37,236

Charge for year

-

4,179

At 31 December 2024

-

41,415

NET BOOK VALUE

At 31 December 2024

832,827

9,014

841,841

At 31 December 2023

832,827

13,193

846,020

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Trade debtors

35,564

19,658

Other debtors

452,401

416,077

487,965

435,735

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Bank loans and overdrafts

5,385

Trade creditors

22,288

29,767

Taxation and social security

7,848

7,941

Other creditors

774,444

721,601

809,965

764,694

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/12/24

31/12/23

£

Bank loans

1,216,408

1,221,792

Other creditors

200,000

1,416,408

1,421,792

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,192,625

8.	RELATED PARTY DISCLOSURES

The company also owed the following companies, all of which are under common control :

Manor Studios Ltd

£634,481

(2023: £572,710

)

Seckford Holdings Ltd

£45,980

(2023: £45,980

)

Accounts Realtime Ltd

£45,500

(2023: £45,500

)

MRM47 Ltd

£39,422

(2023: £46,423

)

Interest charges were made to the company of £57,271 by Manor Studios Ltd (2022: £47,331), £4,180 by Seckford Holdings Ltd (2022: £3,800) and £4,608 by MRM47 Ltd (2022: £12,800). In addition, management charges were paid to Accounts Realtime Ltd.

Also at the balance sheet date, the company was owed the following from companies which were also under common control:

Sand Dunes (Essex) Ltd

£207,290

(2023: £176,590

)

Eastgate Street Ltd

£111,487

(2023: £109,487

)

The Ordnance Depot Ltd

£88,000

(2023: £88,000

)

Magna Assets Ltd

£7,500

(2023: £7,500

)

Great Northern Hotel

£315

(2023: £315

)

Stanwood Enterprises

£14,500

(2023: £14,500

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is M Chittenden.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

26 September 2025