Longview Hotel Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04583633 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Longview Hotel Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTOR:

Mr S M Ahooie

SECRETARY:

Mrs A Ahooie

REGISTERED OFFICE:

2nd Floor Grove House, 774-780 Wilmslow

Didsbury

Manchester

M20 2DR

REGISTERED NUMBER:

04583633 (England and Wales)

ACCOUNTANTS:

Sterling Partners Limited

Chartered Accountants

Chartered Tax Advisors

2nd Floor, Grove House

774-780 Wilmslow Road

Didsbury

Manchester

Greater Manchester

M20 2DR

FIXED ASSETS

Intangible assets

4

-

10,000

Tangible assets

5

2,136,784

2,130,328

2,136,784

2,140,328

CURRENT ASSETS

Debtors

6

23,007

8,094

Cash at bank and in hand

452

449

23,459

8,543

CREDITORS

Amounts falling due within one year

7

(95,755

)

(94,778

)

NET CURRENT LIABILITIES

(72,296

)

(86,235

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,064,488

2,054,093

CREDITORS

Amounts falling due after more than one
year

8

(550,447

)

(468,914

)

PROVISIONS FOR LIABILITIES

(95,442

)

(104,904

)

NET ASSETS

1,418,599

1,480,275

CAPITAL AND RESERVES

Called up share capital

2

Revaluation reserve

9

570,973

Retained earnings

847,624

909,300

SHAREHOLDERS' FUNDS

1,418,599

1,480,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 4 November 2025 and were signed by:

Mr S M Ahooie - Director

1.	STATUTORY INFORMATION

Longview 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 as modified by the revaluation of certain assets.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on cost

Computer equipment

-

15% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

COST

At 1 January 2024

and 31 December 2024

50,000

8,652

58,652

AMORTISATION

At 1 January 2024

40,000

8,652

48,652

Charge for year

10,000

-

10,000

At 31 December 2024

50,000

8,652

58,652

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

10,000

-

10,000

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

property

fittings

£

COST OR VALUATION

At 1 January 2024

2,074,160

42,385

5,746

Additions

-

19,250

-

At 31 December 2024

2,074,160

61,635

5,746

DEPRECIATION

At 1 January 2024

-

6,358

862

Charge for year

-

8,291

732

At 31 December 2024

-

14,649

1,594

NET BOOK VALUE

At 31 December 2024

2,074,160

46,986

4,152

At 31 December 2023

2,074,160

36,027

4,884

Motor

Computer

vehicles

equipment

Totals

£

COST OR VALUATION

At 1 January 2024

18,333

695

2,141,319

Additions

-

19,250

At 31 December 2024

18,333

695

2,160,569

DEPRECIATION

At 1 January 2024

3,667

104

10,991

Charge for year

3,666

105

12,794

At 31 December 2024

7,333

209

23,785

NET BOOK VALUE

At 31 December 2024

11,000

486

2,136,784

At 31 December 2023

14,666

591

2,130,328

Cost or valuation at 31 December 2024 is represented by:

Improvements

Fixtures

Freehold

to

and

property

fittings

£

Valuation in 2005

544,578

-

Valuation in 2014

(408,834

)

-

Valuation in 2016

750,000

-

Valuation in 2022

(180,840

)

-

Cost

1,369,256

61,635

5,746

2,074,160

61,635

5,746

Motor

Computer

vehicles

equipment

Totals

£

Valuation in 2005

-

544,578

Valuation in 2014

-

(408,834

)

Valuation in 2016

-

750,000

Valuation in 2022

-

(180,840

)

Cost

18,333

695

1,455,665

18,333

695

2,160,569

If freehold property had not been revalued it would have been included at the following historical cost:

2024

2023

£

Cost

1,369,256

Value of land in freehold land and buildings

1,369,256

Freehold property was valued on an open market basis on 31 December 2024 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

5,025

-

Payments on account

10,534

1,445

Prepayments

7,448

6,649

23,007

8,094

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Bank loans and overdrafts

13,058

31,118

Trade creditors

29,868

8,007

Social security and other taxes

1,069

21

Shareholder loan account

47,562

Accrued expenses

4,198

8,070

95,755

94,778

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2024

2023

£

Bank loans - 1-2 years

9,365

10,768

Bank loans - 2-5 years

-

8,722

Other creditors

195,508

170,682

Directors' loan accounts

345,574

278,742

550,447

468,914

9.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

570,973

10.	OTHER FINANCIAL COMMITMENTS

Longview Hotel Limited has outstanding financial commitments in relation to that of a car lease totalling £53,665 (2023: £62,065).

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

Mr S M Ahooie

Balance outstanding at start of year

(278,742

)

(191,113

)

Amounts advanced

15,625

2,171

Amounts repaid

(82,457

)

(89,800

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(345,574

)

(278,742

)

12.	RELATED PARTY DISCLOSURES

Grovemac Limited

A company in which Mr S M Ahooie is a director.

2024

2023

£

Amount due to related party at the balance sheet date

195,508

170,682

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs Ahooie, who each own a 50% shareholding.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Longview Hotel Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Longview Hotel Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Longview Hotel Limited and state those matters that we have agreed to state to the director of Longview Hotel Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Longview Hotel Limited and its director for our work or for this report.

It is your duty to ensure that Longview Hotel Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Longview Hotel Limited. You consider that Longview Hotel Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Longview Hotel Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling Partners Limited

Chartered Accountants

Chartered Tax Advisors

2nd Floor, Grove House

774-780 Wilmslow Road

Didsbury

Manchester

Greater Manchester

M20 2DR

Date: .............................................