REGISTERED NUMBER: 09364965

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

BUCKINGHAM HOTEL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

S Dad

Registered office:

156 West Wycombe Road

High Wycombe

Buckinghamshire

HP12 3AE

Registered number:

09364965

Accountants:

S G Beale and Co

Chartered Accountants

1 Kille House

Chinnor Road

Thame

Oxfordshire

OX9 3NU

FIXED ASSETS

5,763,560

Investment property

4

6,939,817

CURRENT ASSETS

10

Cash at bank

95,311

CREDITORS

1,289,313

Amounts falling due within one year

5

1,818,203

(1,289,303

)

NET CURRENT LIABILITIES

(1,722,892

)

4,474,257

TOTAL ASSETS LESS CURRENT LIABILITIES

5,216,925

CREDITORS

(3,231,051

)

Amounts falling due after more than one year

6

(3,951,921

)

(310,414

)

PROVISIONS FOR LIABILITIES

7

(310,414

)

932,792

NET ASSETS

954,590

CAPITAL AND RESERVES

1

Called up share capital

1

815,589

Revaluation reserve

8

815,589

117,202

Retained earnings

139,000

932,792

SHAREHOLDERS' FUNDS

954,590

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 29th September 2025 and were signed by:

S Dad - Director

1.	STATUTORY INFORMATION

Buckingham Hotel Ltd is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the rents receivable from the letting of the investment properties.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.	INVESTMENT PROPERTY

Total

£

Fair value

At 1st January 2024

5,763,560

Additions

1,176,257

At 31st December 2024

6,939,817

Net book value

At 31st December 2024

6,939,817

At 31st December 2023

5,763,560

Fair value at 31st December 2024 is represented by:

£

Valuation in 2024

6,939,817

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to associates

1,799,951

1,279,827

Corporation tax

14,751

7,486

Accruals and deferred income

3,501

2,000

1,818,203

1,289,313

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other loans more 5yrs non-inst

3,951,921

3,231,051

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

3,951,921

3,231,051

7.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Other timing differences

310,414

310,414

Deferred

tax

£

Balance at 1st January 2024

310,414

Balance at 31st December 2024

310,414

The deferred taxation provision relates to the tax which would be payable if the property

portfolio was sold at it's revalued figure.

8.

RESERVES

Revaluation

reserve

£

At 1st January 2024

and 31st December 2024

815,589