Acorah Software Products - Accounts Production 16.5.460 false true true 30 April 2023 1 May 2022 false 1 May 2023 31 October 2024 31 October 2024 10932166 Mr Khurram Saba Mr Mohammad Raza Saba Hammersmith Hotel Management Company Limited Hardy House Northbridge Road Berkhamsted Herts HP4 1EF true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10932166 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-10-31 10932166 2023-04-30 10932166 2024-10-31 10932166 2023-05-01 2024-10-31 10932166 frs-core:CurrentFinancialInstruments 2024-10-31 10932166 frs-core:Non-currentFinancialInstruments 2024-10-31 10932166 frs-core:FurnitureFittings 2024-10-31 10932166 frs-core:FurnitureFittings 2023-05-01 2024-10-31 10932166 frs-core:FurnitureFittings 2023-04-30 10932166 frs-core:ShareCapital 2024-10-31 10932166 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10932166 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-10-31 10932166 frs-bus:FilletedAccounts 2023-05-01 2024-10-31 10932166 frs-bus:SmallEntities 2023-05-01 2024-10-31 10932166 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-10-31 10932166 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-10-31 10932166 frs-bus:OrdinaryShareClass1 2023-05-01 2024-10-31 10932166 frs-bus:OrdinaryShareClass1 2024-10-31 10932166 1 2023-05-01 2024-10-31 10932166 frs-core:DeferredTaxation 2023-05-01 2024-10-31 10932166 frs-core:DeferredTaxation 2023-04-30 10932166 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-05-01 2024-10-31 10932166 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30 10932166 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-10-31 10932166 frs-bus:Director1 2023-05-01 2024-10-31 10932166 frs-bus:Director2 2023-05-01 2024-10-31 10932166 1 2023-05-01 2024-10-31 10932166 frs-countries:EnglandWales 2023-05-01 2024-10-31 10932166 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-04-30 10932166 2022-04-30 10932166 2023-04-30 10932166 2022-05-01 2023-04-30 10932166 frs-core:CurrentFinancialInstruments 2023-04-30 10932166 frs-core:Non-currentFinancialInstruments 2023-04-30 10932166 frs-core:ShareCapital 2023-04-30 10932166 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 10932166 frs-bus:OrdinaryShareClass1 2022-05-01 2023-04-30 10932166 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30 10932166 1 2022-05-01 2023-04-30
Registered number: 10932166
Saba & Saba London Limited
Unaudited Financial Statements
For the Period 1 May 2023 to 31 October 2024
Daverns
Chartered Accountants
Hardy House
Northbridge Road
Berkhamsted
Herts
HP4 1EF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 10932166
31 October 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 127 203
Investment Properties 5 1,136,341 3,228,998
1,136,468 3,229,201
CURRENT ASSETS
Debtors 6 830,470 6,490
Cash at bank and in hand 34 33,594
830,504 40,084
Creditors: Amounts Falling Due Within One Year 7 (1,161,970 ) (1,574,762 )
NET CURRENT ASSETS (LIABILITIES) (331,466 ) (1,534,678 )
TOTAL ASSETS LESS CURRENT LIABILITIES 805,002 1,694,523
Creditors: Amounts Falling Due After More Than One Year 8 (804,072 ) (1,680,038 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 - (14,026 )
NET ASSETS 930 459
CAPITAL AND RESERVES
Called up share capital 12 100 100
Fair value reserve 14 - 73,819
Profit and Loss Account 830 (73,460 )
SHAREHOLDERS' FUNDS 930 459
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For the period ending 31 October 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.
The financial statements were approved by the board of directors on 25 October 2025 and were signed on its behalf by:
Mr Khurram Saba
Director
Mr Mohammad Raza Saba
Director
25th October 2025
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Saba & Saba London Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10932166 . The registered office is Hardy House , Northbridge Road , Berkhamsted , Herts, HP4 1EF.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover represents rents receivable, excluding value added tax.
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:
Fixtures & Fittings 25% Reducing Balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the period was:
31 October 2024 30 April 2023
Directors 2 2
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 May 2023 644
As at 31 October 2024 644
Depreciation
As at 1 May 2023 441
Provided during the period 76
As at 31 October 2024 517
Net Book Value
As at 31 October 2024 127
As at 1 May 2023 203
5. Investment Property
31 October 2024
£
Fair Value
As at 1 May 2023 3,228,998
Disposals (2,018,838 )
Revaluations (73,819)
As at 31 October 2024 1,136,341
6. Debtors
31 October 2024 30 April 2023
£ £
Due within one year
Prepayments and accrued income 670 6,490
Other debtors 829,800 -
830,470 6,490
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7. Creditors: Amounts Falling Due Within One Year
31 October 2024 30 April 2023
£ £
Bank loans and overdrafts 962,365 797,126
Other creditors 1,100 169,699
Accruals and deferred income 35,693 5,690
Amounts owed to parent 162,812 602,247
1,161,970 1,574,762
8. Creditors: Amounts Falling Due After More Than One Year
31 October 2024 30 April 2023
£ £
Bank loans 804,072 1,680,038
In December 2017 the company entered into two interest only mortgages at a fixed rate of 3.79% for the first five years which is then followed by a variable rate.
In May 2021 the company entered in to a facility for £500,000 which is repayable on demand with interest of £4,166 for first 2 months followed by £3,750 for remainder of the term.
In October 2021 the company entered into an interest only mortgage for 20 years at a current interest rate of 3.64%.
Of the creditors falling due after more than one year the following amounts are due after more than five years.
31 October 2024 30 April 2023
£ £
Bank loans 804,072 1,680,038
9. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured.
The company has provided fixed charges, floating charges, legal mortgage and negative pledge on the company assets in favour of the company lenders.
31 October 2024 30 April 2023
£ £
Bank loans and overdrafts 1,766,437 2,477,164
Other Creditors - 168,599
10. Deferred Taxation
The provision for deferred tax is made up as follows:
31 October 2024 30 April 2023
£ £
Other timing differences - 14,026
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11. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 May 2023 14,026 14,026
Reversals (14,026 ) (14,026)
12. Share Capital
31 October 2024 30 April 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1 each 100 100
13. Directors Advances, Credits and Guarantees
The directors have provided guarantees that the company will meet its obligations under the loan agreements with the banks.
14. Reserves
Fair Value Reserve
£
As at 1 May 2023 73,819
Transfer to profit and loss (73,819 )
As at 31 October 2024 -
The fair value reserve is an adjustment in respect of investment properties. This amount cannot be distributed to the members as it represents an un-realised surplus in respect of the fair value adjustment pertaining to the investment properties and has been transferred from retained earnings. 
15. Post Balance Sheet Events
The company exchanged contracts on 20 December 2023 and 28 March 2024 in relation to the sale of 1 of its investment properties. 
The completion took place on 11 September 2025.  
The sale has been recongised in this accounting period and the outstanding amount of £829,800 as been shown as an other debtor at the period end of 31 October 2024.
16. Related Party Transactions
Hammersmith Hotel Management Company LimitedAt the balance sheet date £162,812 (2023: £602,747) is owed to Hammersmith Hotel Management Company Limited.

Hammersmith Hotel Management Company Limited

At the balance sheet date £162,812 (2023: £602,747) is owed to Hammersmith Hotel Management Company Limited.

Mr K SabaDirectorAt the beginning of the accounting period, the company created two leases to the director Mr K Saba with annual rent of £15,000 per lease for a 6 year period on 1 of the company's investment properties. During the accounting period the company sold the freehold and leases of this investment property and £31,129 has been credited to rent receivable.

Mr K Saba

Director

At the beginning of the accounting period, the company created two leases to the director Mr K Saba with annual rent of £15,000 per lease for a 6 year period on 1 of the company's investment properties. During the accounting period the company sold the freehold and leases of this investment property and £31,129 has been credited to rent receivable.

17. Exceptional Items
The intercompany balance between Hammersmith Hotel Management Company Limited and Saba and Saba London Limited has been written down to £162,812 as a result of this write down £183,000 has been taken through the profit and loss as income to reflect the recoverability of the intercompany debt at the balance sheet date. 
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18. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Hammersmith Hotel Management Company Limited . Hammersmith Hotel Management Company Limited was incorporated in (England & Wales). 
Hammersmith Hotel Management Company Limited and its subsidiaries comprised a small sized group for the year ended 30 April 2024. Hammersmith Hotel Management Company Limited has taken advantage of the exemption provided by s.398 and 399 of the Companies Act 2006 not to prepare consolidated financial statements
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