Lefar Hotels Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08753465

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		19,353		20,124

			19,353		20,124
CURRENT ASSETS
Stocks	6	1,850		1,850
Debtors	7	1,310,513		766,189
Cash at bank and in hand		410,563		299,015

		1,722,926		1,067,054
Creditors: Amounts Falling Due Within One Year	8	(2,188,867 )		(1,679,618 )

NET CURRENT ASSETS (LIABILITIES)			(465,941 )		(612,564 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(446,588 )		(592,440 )

Creditors: Amounts Falling Due After More Than One Year	9		(5,000 )		(15,000 )

NET LIABILITIES			(451,588 )		(607,440 )

CAPITAL AND RESERVES
Called up share capital	10		400		400
Profit and Loss Account			(451,988 )		(607,840 )

SHAREHOLDERS' FUNDS			(451,588)		(607,440)

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Lefar Hotels Limited

Balance Sheet (continued)

As At 31 December 2024

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.

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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Leyla Kazemi

Director

23/09/2025

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

1. General Information

Lefar Hotels Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08753465 . The registered office is 5 Zetland House, Marloes Road, London, England, W8 5LB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	N/A
Leasehold	N/A
Plant & Machinery	33% Straight Line
Motor Vehicles	20% Reducing Balance
Fixtures & Fittings	20% Straight Line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year were 21 (2023: 14)

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Lefar Hotels Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	125,000

As at 31 December 2024	125,000

Amortisation
As at 1 January 2024	125,000

As at 31 December 2024	125,000

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 January 2024	12,928	34,271	56,105	17,911	121,215
Additions	-	1,280	-	-	1,280

As at 31 December 2024	12,928	35,551	56,105	17,911	122,495

Depreciation
As at 1 January 2024	-	34,271	49,274	17,546	101,091
Provided during the period	-	422	1,366	263	2,051

As at 31 December 2024	-	34,693	50,640	17,809	103,142

Net Book Value
As at 31 December 2024	12,928	858	5,465	102	19,353

As at 1 January 2024	12,928	-	6,831	365	20,124

6. Stocks

	2024	2023
	£	£
Stock - food and beverages	1,850	1,850

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	30,691	51,394
Net wages	5,740	-
Amounts owed by group undertakings	1,274,082	714,795

	1,310,513	766,189

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Lefar Hotels Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	67,790	85,494
Other taxes and social security	23,793	27,873
VAT	170,814	147,080
Net wages	-	22,235
Other creditors	10,000	10,000
Pensions Payable	4,523	4,221
Accruals and deferred income	1,488,657	891,157
Directors' loan accounts	423,290	490,558
Amounts owed to group undertakings	-	1,000

	2,188,867	1,679,618

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other creditors	5,000	15,000

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	400	400

11. Related Party Transactions

Lemo Hotels Limited

Lemo Hotels Limited is a subsidiary of Lefar Group Limited.

Included within 'Amounts owed by group undertakings' is the amount of £253,730.44 (2023: £250,298.20) owed from Lemo Hotels Limited.

Shana Hotels Limited

Shana Hotels Limited is a subsidiary of Lefar Group Limited.

Included within 'Amounts owed by group undertakings' is the amount of £452,115.00 (2023: £90,115.00 ) owed from Shana Hotels Limited.

Lefar Group Limited

Lefar Group Limited is the parent company of Lefar Hotels Limited.

Included within 'Amounts owed by group undertakings' is the amount of £3,622.08 (2023: £3,067.68 ) owed from Lefar Group Limited.

Leyla Kazemi & Nazila Kazemi

Leyla Kazemi & Nazila Kazemi are the directors of the company.

As at the balance sheet date, the amount owed to directors were £423,289.86 (2023: £490,557.57).

Gladewall Ltd

Gladewall Ltd. is a subsidiary of Lefar Group Limited.

Included within 'Amounts owed to group undertakings' is the amount of £14,000.00 (2023: £1,000.00) owed from Gladewall Ltd.

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