MPG HOTEL MANAGEMENT LTD.

Company Registration Number:
06412017 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

MPG HOTEL MANAGEMENT LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MPG HOTEL MANAGEMENT LTD.

Company Information

for the Period Ended 31 December 2024




Director: P Savini Nicci
Secretary: Suntera (Guernsey) Limited
Registered office: One
Connaught Place
London
W2 2ET
Company Registration Number: 06412017 (England and Wales)

MPG HOTEL MANAGEMENT LTD.

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal Activities

The Company's principal activity is investment holding.

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
P Savini Nicci

Secretary
Suntera (Guernsey) Limited

This report was approved by the board of directors on 10 September 2025
And Signed On Behalf Of The Board By:

Name: P Savini Nicci
Status: Director

MPG HOTEL MANAGEMENT LTD.

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 0 0
Administrative Expenses 2,184,609 1,001,499
Operating Profit or (Loss) 2,184,609 1,001,499
Profit or (Loss) Before Tax 2,184,609 1,001,499
Profit or (Loss) for Period 2,184,609 1,001,499

The notes form part of these financial statements

MPG HOTEL MANAGEMENT LTD.

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 1,437,858 1,506,535
Total fixed assets: 1,437,858 1,506,535
Current assets
Debtors: 5 2 2
Total current assets: 2 2
Net current assets (liabilities): 2 2
Total assets less current liabilities: 1,437,860 1,506,537
Creditors: amounts falling due after more than one year: ( 47,557,206 ) ( 49,810,492 )
Total net assets (liabilities): ( 46,119,346 ) ( 48,303,955 )

The notes form part of these financial statements

MPG HOTEL MANAGEMENT LTD.

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 46,119,348 ) ( 48,303,957 )
Shareholders funds: ( 46,119,346 ) ( 48,303,955 )

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 September 2025
And Signed On Behalf Of The Board By:

Name: P Savini Nicci
Status: Director

The notes form part of these financial statements

MPG HOTEL MANAGEMENT LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MPG HOTEL MANAGEMENT LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

MPG HOTEL MANAGEMENT LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

MPG HOTEL MANAGEMENT LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 January 2024 1,506,535
    Additions -
    Disposals -
    Revaluations (68,677)
    Transfers -
    At 31 December 2024 1,437,858
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 December 2024 -
    Net book value
    Net book value at 31 December 2024 1,437,858
    Net book value at 31 December 2023 1,506,535

    Movement in revaluation is FX on conversion from EUR to GBP

MPG HOTEL MANAGEMENT LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 5. Debtors


    2024
    £

    2023
    £
    Debtors due after more than one year: 0 0