Company No: 09421521 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.01.2025		29.02.2024
		£		£
Fixed assets
Intangible assets	3	1		1
Tangible assets	4	373,516		395,148
		373,517		395,149
Current assets
Stocks		8,700		5,800
Debtors	5	50,315		29,185
Cash at bank and in hand		726,249		785,276
		785,264		820,261
Creditors: amounts falling due within one year	6	( 140,222)		( 258,408)
Net current assets		645,042		561,853
Total assets less current liabilities		1,018,559		957,002
Provision for liabilities		( 8,953)		( 10,541)
Net assets		1,009,606		946,461
Capital and reserves
Called-up share capital	7	3		3
Profit and loss account		1,009,603		946,458
Total shareholders' funds		1,009,606		946,461

For the financial period ending 31 January 2025 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 financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Sian Marie Hotel Limited (registered number: 09421521) were approved and authorised for issue by the Board of Directors on 28 October 2025. They were signed on its behalf by:

Mrs K M Seaborne Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Sian Marie Hotel Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor, 90 Victoria Street, Bristol, BS1 6DP, United Kingdom. . The principal place of business is Exonia, Marine
Drive, Widemouth Bay, Bude, Cornwall, EX23 0DE.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Reporting period length

The reporting length has been shortened from 28 February 2025 to 31 January 2025, displaying an 11 month period.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

not amortised

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Vehicles	25 % reducing balance
Fixtures and fittings	15 % reducing balance
Office equipment	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	Period from 01.03.2024 to 31.01.2025		Year ended 29.02.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	30		34

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 March 2024	1		1
At 31 January 2025	1		1
Accumulated amortisation
At 01 March 2024	0		0
At 31 January 2025	0		0
Net book value
At 31 January 2025	1		1
At 29 February 2024	1		1

4. Tangible assets

	Land and buildings		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£
Cost
At 01 March 2024	414,504		19,247		131,457		6,833		572,041
Additions	0		0		7,061		0		7,061
Disposals	0		( 19,247)		( 34,540)		0		( 53,787)
At 31 January 2025	414,504		0		103,978		6,833		525,315
Accumulated depreciation
At 01 March 2024	69,903		13,114		89,839		4,037		176,893
Charge for the financial period	7,599		1,405		6,502		384		15,890
Disposals	0		( 14,519)		( 26,465)		0		( 40,984)
At 31 January 2025	77,502		0		69,876		4,421		151,799
Net book value
At 31 January 2025	337,002		0		34,102		2,412		373,516
At 29 February 2024	344,601		6,133		41,618		2,796		395,148

5. Debtors

	31.01.2025		29.02.2024
	£		£
Trade debtors	543		1,191
Amounts owed by related parties	36,079		23,560
Prepayments	10,812		4,434
Other debtors	2,881		0
	50,315		29,185

6. Creditors: amounts falling due within one year

	31.01.2025		29.02.2024
	£		£
Trade creditors	4,815		11,544
Amounts owed to directors	31,612		1,612
Accruals	43,413		177,223
Taxation and social security	60,382		67,325
Other creditors	0		704
	140,222		258,408

7. Called-up share capital

	31.01.2025		29.02.2024
	£		£
Allotted, called-up and fully-paid
3 Ordinary shares of £ 1.00 each	3		3

8. Related party transactions

Other related party transactions

	31.01.2025		29.02.2024
	£		£
KDKS Properties Limited	36,079		23,560

During the year the Company settled expenses on behalf of a company connected by virtue of common directorship. This loan is interest free and repayable on demand.