4C Hotels Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02073517

4C Hotels Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2024

4C Hotels Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	5		4,015,012	4,098,791

Current assets

Debtors	6	347,098	25,095
Cash at bank and in hand		77,385	165,356
		---------	---------
		424,483	190,451

Creditors: amounts falling due within one year	7	1,037,756		950,924
		------------		---------
Net current liabilities			613,273	760,473
			------------	------------
Total assets less current liabilities			3,401,739	3,338,318

Creditors: amounts falling due after more than one year	8		2,972,244	3,180,822

Provisions

Taxation including deferred tax	( 1,836)	195
	------------	------------
Net assets	431,331	157,301
	------------	------------

Capital and reserves

Called up share capital	500	500
Profit and loss account	430,831	156,801
	---------	---------
Shareholders funds	431,331	157,301
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

4C Hotels Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

M Boghani-Nathoo

Director

Company registration number: 02073517

4C Hotels Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 31 Lisson Grove, London, NW1 6UB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Plant & machinery	-	15% reducing balance
Fixtures & fittings	-	15% reducing balance

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2023: 11 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 January 2024	5,858,518	108,620	382,278	6,349,416
Additions	25,425	–	–	25,425
	------------	---------	---------	------------
At 31 December 2024	5,883,943	108,620	382,278	6,374,841
	------------	---------	---------	------------
Depreciation
At 1 January 2024	1,782,250	108,620	359,755	2,250,625
Charge for the year	97,170	–	12,034	109,204
	------------	---------	---------	------------
At 31 December 2024	1,879,420	108,620	371,789	2,359,829
	------------	---------	---------	------------
Carrying amount
At 31 December 2024	4,004,523	–	10,489	4,015,012
	------------	---------	---------	------------
At 31 December 2023	4,076,268	–	22,523	4,098,791
	------------	---------	---------	------------

6. Debtors

	2024	2023
	£	£
Trade debtors	589	479
Amounts owed by group undertakings and undertakings in which the company has a participating interest	40,500	–
Other debtors	306,009	24,616
	---------	--------
	347,098	25,095
	---------	--------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	208,578	208,578
Trade creditors	152,857	167,230
Social security and other taxes	238,590	134,215
Other creditors	437,731	440,901
	------------	---------
	1,037,756	950,924
	------------	---------

Bank loans and overdrafts are secured on the assets to which the relate.

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	2,972,244	3,180,822
	------------	------------

Bank loans and overdrafts are secured on the assets to which the relate.

9. Directors' advances, credits and guarantees

The company operates a directors loan account and the balance brought forward owed to the company was £148,253.The company advanced a further £132,057 and the balance carried forward at the year end was £280,310 which was the maximum balance outstanding. The loan was repaid after the year end. Interest of £6,058 was charged in the year.