Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false4The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2024-01-01No description of principal activity0truetrue 14588776 2024-01-01 2024-12-31 14588776 2023-01-01 2023-12-31 14588776 2024-12-31 14588776 2023-12-31 14588776 1 2024-01-01 2024-12-31 14588776 d:Director2 2024-01-01 2024-12-31 14588776 c:Buildings 2024-01-01 2024-12-31 14588776 c:Buildings 2024-12-31 14588776 c:Buildings 2023-12-31 14588776 c:CurrentFinancialInstruments 2024-12-31 14588776 c:CurrentFinancialInstruments 2023-12-31 14588776 c:CurrentFinancialInstruments c:WithinOneYear 2024-12-31 14588776 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 14588776 c:ShareCapital 2024-12-31 14588776 c:ShareCapital 2023-12-31 14588776 c:RetainedEarningsAccumulatedLosses 2024-12-31 14588776 c:RetainedEarningsAccumulatedLosses 2023-12-31 14588776 d:FRS102 2024-01-01 2024-12-31 14588776 d:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14588776 d:FullAccounts 2024-01-01 2024-12-31 14588776 d:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14588776 2 2024-01-01 2024-12-31 14588776 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 14588776









DOMINUS KINGS CROSS HOTEL LIMITED (Formerly known as Dominus Project Company 26 Limited)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024
 
DOMINUS KINGS CROSS HOTEL LIMITED
REGISTERED NUMBER: 14588776

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,368,568
-

  
2,368,568
-

Current assets
  

Debtors: amounts falling due within one year
 5 
44,269
1

Cash at bank and in hand
 6 
288,641
-

  
332,910
1

Creditors: amounts falling due within one year
 7 
(2,455,231)
-

Net current (liabilities)/assets
  
 
 
(2,122,321)
 
 
1

Total assets less current liabilities
  
246,247
1

  

Net assets
  
246,247
1


Capital and reserves
  

Called up share capital 
  
250,001
1

Profit and loss account
  
(3,754)
-

  
246,247
1


The directors consider 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 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 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 19 September 2025.



Page 1
 
DOMINUS KINGS CROSS HOTEL LIMITED
REGISTERED NUMBER: 14588776
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024


S S Ahluwalia
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2
 
DOMINUS KINGS CROSS HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Dominus Project Company 26 Limited is a private company limited by shares and incorporated in England. The address of its principal place of business is 1 London Street, Reading, United Kingdom, RG1 4PN.

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

Going Concern

The company shows net current liabilities at the balance sheet date of £2,122,321. The company has received formal confirmation from its shareholders that the company will receive the financial support it requires to enable it to meet its liabilities as they fall due.
In making their assessment of going concern, the directors have considered information for a period of at least twelve months from the date the financial statements were authorised for issue.

  
2.3

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.
 

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

  
2.5

Borrowing Costs

Borrowing costs directly attributable to the acquisition, construction or production of a qualifying asset have been capitalised.
Capitalisation of borrowing costs ceases when substantially all of the activities necessary to prepare the asset for its intended use or sale are complete.

  
2.6

Debtors

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

Page 3
 
DOMINUS KINGS CROSS HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.


3.


Employees

The company has no employess other than the directors, who did not receive any remuneration (2023-£NIL).


The average monthly number of employees, including directors, during the year was 4 (2023 - 0).


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


Additions
2,368,568



At 31 December 2024

2,368,568






Net book value



At 31 December 2024
2,368,568



At 31 December 2023
-


5.


Debtors

2024
2023
£
£


Other debtors
41,680
1

Prepayments and accrued income
2,589
-
Page 4
 
DOMINUS KINGS CROSS HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.Debtors (continued)


44,269
1



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
288,641
-

288,641
-



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
243,241
-

Other creditors
2,210,590
-

Accruals and deferred income
1,400
-

2,455,231
-



8.


Related party transactions

The company has taken advantage of exemptions in FRS 102 section 1A from the requirement to
disclose transactions with group companies on the grounds that the group company is a wholly owned
subsidiary.


9.


Post balance sheet events

The company completed on the purchase of the property at Kings Cross on 7 April 2025.

 
Page 5