BLACK AND WHITE HOSPITALITY LIMITED

Company Registration Number:
08465874 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

BLACK AND WHITE HOSPITALITY LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

BLACK AND WHITE HOSPITALITY LIMITED

Balance sheet

As at 30 September 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 340,000 380,000
Tangible assets: 4 12,275 14,524
Total fixed assets: 352,275 394,524
Current assets
Stocks: 8,083 8,268
Debtors:   394,943 560,154
Total current assets: 403,026 568,422
Creditors: amounts falling due within one year: 5 (1,207,652) (1,297,503)
Net current assets (liabilities): (804,626) (729,081)
Total assets less current liabilities: (452,351) (334,557)
Creditors: amounts falling due after more than one year: 6 (167,500) (227,500)
Total net assets (liabilities): (619,851) (562,057)
Capital and reserves
Called up share capital: 5 5
Profit and loss account: (619,856) (562,062)
Shareholders funds: (619,851) (562,057)

The notes form part of these financial statements

BLACK AND WHITE HOSPITALITY LIMITED

Balance sheet statements

For the year ending 30 September 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 September 2025
and signed on behalf of the board by:

Name: C J Wilce
Status: Director

The notes form part of these financial statements

BLACK AND WHITE HOSPITALITY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

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

Turnover policy

Turnover represents amounts receivable relating to the franchise income and sales of associated goods net of VAT. Restaurant franchise income is recognised in accordance with the terms of the contract.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land and buildings, at rates calculated to write off the cost of each asset to its estimated residual value on a straight line basis over its expected useful life, as follows Fixtures, fittings and equipment 3 to 10 years straight line Plant and machinery 5 to 20 years straight line Motor Vehicles 25% reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss

Intangible fixed assets and amortisation policy

Intangible assets are initially recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets arc amortised to profit or loss on a straight-line basis over their useful lives, as follows 20 years straight line

Valuation and information policy

Stock is valued at the lower of cost and net realisable value. Allowances are made for obsolete or slow moving items. Cost includes all direct expenditure and overheads.

Other accounting policies

Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Employee benefits The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits. Retirement Benefits For defined contribution schemes the amount charged to profit or loss is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accrual or prepayments.

BLACK AND WHITE HOSPITALITY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 20 21

BLACK AND WHITE HOSPITALITY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Intangible Assets

Total
Cost £
At 01 October 2023 800,000
At 30 September 2024 800,000
Amortisation
At 01 October 2023 420,000
Charge for year 40,000
At 30 September 2024 460,000
Net book value
At 30 September 2024 340,000
At 30 September 2023 380,000

BLACK AND WHITE HOSPITALITY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible Assets

Total
Cost £
At 01 October 2023 70,374
Additions 3,586
At 30 September 2024 73,960
Depreciation
At 01 October 2023 55,850
Charge for year 5,835
At 30 September 2024 61,685
Net book value
At 30 September 2024 12,275
At 30 September 2023 14,524

BLACK AND WHITE HOSPITALITY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

Bank overdrafts 2024 £168,962, 2023 £53,590 Deposits 2024 £230,759, 2023 £428,195 Trade creditors 2024 £119,428, 2023 £105,670 Amounts owed to group undertakings 2024 £195,043, 2023 £142,632 Other taxes and social security costs 2024 £193,864, 2023 £158,640 Accruals and deferred income 2024 £299,596, 2023 £408,775

BLACK AND WHITE HOSPITALITY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due after more than one year note

Bank Loans 2024 £167,500 2023 £227,500

BLACK AND WHITE HOSPITALITY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Related party transactions

Name of the related party:
Relationship:
Entities under common control
Description of the Transaction: Franchise Fees
£
Balance at 01 October 2023 47,666
Balance at 30 September 2024 58,384
Name of the related party:
Relationship:
Entities under common control
Description of the Transaction: Consultancy Fees
£
Balance at 01 October 2023 3,832
Balance at 30 September 2024 28,800