REGISTERED NUMBER: 11106800 (England and Wales)

Financial Statements

for the Year Ended 31 January 2025

for

The Thatch Hotel Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D L R Hiscox

REGISTERED OFFICE:

7 Montpellier Villas

Cheltenham

GL50

REGISTERED NUMBER:

11106800 (England and Wales)

AUDITORS:

John S Ward & Co Limited

Statutory Auditors

26-28 Headlands

Kettering

Northamptonshire

NN15 7HP

CURRENT ASSETS

Stocks

13,277

11,570

Debtors

4

37,605

137,655

Cash at bank

113,964

39,606

164,846

188,831

CREDITORS

Amounts falling due within one year

5

221,568

180,661

NET CURRENT (LIABILITIES)/ASSETS

(56,722

)

8,170

TOTAL ASSETS LESS CURRENT LIABILITIES

(56,722

)

8,170

CREDITORS

Amounts falling due after more than one year

6

12,751

22,970

NET LIABILITIES

(69,473

)

(14,800

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(69,475

)

(14,802

)

(69,473

)

(14,800

)

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2025 and were signed by:

D L R Hiscox - Director

1.	STATUTORY INFORMATION

The Thatch Hotel Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 19 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

8,065

3,330

Amounts owed by group undertakings

27,213

120,909

Other debtors

2,327

13,416

37,605

137,655

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

77,543

10,209

Trade creditors

41,975

63,880

Taxation and social security

64,908

76,103

Other creditors

37,142

30,469

221,568

180,661

Included in Creditors is £67,315 which has been guaranteed by Mrs VEA Hiscox, & Mr DLR Hiscox

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

12,751

22,970

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank Loan

22,965

33,179

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

J Nacca FCCA (Senior Statutory Auditor)

for and on behalf of John S Ward & Co Limited

9.	CONTINGENT LIABILITIES

The Company has provided an unlimited cross guarantee to secure the bank borrowings of of the Company's Holding company

10.	ULTIMATE CONTROLLING PARTY

The Company's holding company is Thatch Holdings Limited.

If The Thatch Hotel Ltd could not meet it's commitments over the next trading year,Thatch Holdings Ltd could waive Rent due, which together with trading profits to date would enable the Company to pay it's commitments as they fall due.

The Ultimate Holding Company is Hatton Group Holdings Ltd.

Mrs VEA Hiscox is the ultimate shareholder of Hatton Group Holdings Ltd