Brighton One Limited Accounts






Brighton One Limited

	Company No. 06034071
		Information for Filing with The Registrar
		31 March 2025

The Directors present their report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was 55100 - Hotels and similar accommodation.




Directors

The Directors who served at any time during the year were as follows:

H. Gidda
S. Gidda








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

H. Gidda
Director
31 March 2025

at	31 March 2025
Company No.		06034071	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	3,684,094	3,740,684


				3,684,094	3,740,684
Current assets

	Debtors		5	135,368	110,229

	Cash at bank and in hand			27,491	26,087
				162,859	136,316
Creditors: Amount falling due within one year			6	(1,217,302)	(1,307,035)
Net current liabilities				(1,054,443)	(1,170,719)
Total assets less current liabilities				2,629,651	2,569,965
Creditors: Amounts falling due after more than one year			7	(1,807,787)	(1,930,820)
Provisions for liabilities
	Deferred taxation			(12,738)	-

Net assets				809,126	639,145

Capital and reserves
	Called up share capital			500,000	500,000

	Revaluation reserve		10	203,408	203,408

	Profit and loss account		10	105,718	(64,263)

Total equity				809,126	639,145



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2025 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 March 2025 and signed on its behalf by:
H. Gidda
Director
31 March 2025

for the year ended 31 March 2025

General information

Brighton One Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 06034071

Its registered office is:

Its trading address is:

Positive House

15-19 George Street Hotel

Unit 3 Pool Street

Oxford

Wolverhampton

West Midlands

WV2 4HN

OX1 2AB

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Leasehold land and buildings

1% Straight Line

Plant and machinery

20% Straight Line

Furniture, fittings and equipment

10% Straight Line

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 profit and loss account because of items of income or expense that are taxable or deductible in other years 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 temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary 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.

Current or deferred tax for the year is recognised in profit or loss, except when they relate 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.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	24	11

4	Tangible fixed assets
			Land and buildings	Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 April 2024	3,952,481	16,983	197,334	4,166,798
		Additions	-	3,988	278	4,266



		At 31 March 2025	3,952,481	20,971	197,612	4,171,064
		Depreciation
		At 1 April 2024	272,850	15,688	137,576	426,114
		Charge for the year	39,525	1,595	19,736	60,856



		At 31 March 2025	312,375	17,283	157,312	486,970
		Net book values
		At 31 March 2025	3,640,106	3,688	40,300	3,684,094
		At 31 March 2024	3,679,631	1,295	59,758	3,740,684

5	Debtors
			2025	2024
			£	£





		Loans to directors	11,722	7,973
		Other debtors	61,675	61,675
		Prepayments and accrued income	61,971	40,581
			135,368	110,229

6	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	262,398	276,658


		Trade creditors	258,968	317,836

		Taxes and social security	153,785	15,622
		Loans from directors	7,291	900
		Other creditors	510,205	641,532
		Accruals and deferred income	24,655	54,487
			1,217,302	1,307,035

7	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	1,807,787	1,930,820






			1,807,787	1,930,820

8	Creditors: secured liabilities
			2025	2024
			£	£
		The aggregate amount of secured liabilities included within creditors	1,920,210	2,041,871

Share Capital

Ordinary

10	Reserves
			Revaluation Reserve	Total other reserves
			£	£

		Movement on revaluation reserve	203,408	203,408


		At 31 March 2024 and 1 April 2024	203,408	203,408



		At 31 March 2025	203,408	203,408

		Revaluation reserve - reflects the revaluation of property other than investment properties.


		Profit and loss account - includes all current and prior period retained profits and losses.

11	Advances and credits to directors
			2025
			£
		At 1 April 2024	7,973
		Advanced in the period	3,749
		Amounts repaid in the period	11,722


		At 31 March 2025	-

		The above loan is unsecured and is repayable on demand. Interest has been charged at 2.25% where appropriate.

Related party disclosures

Transactions with related parties

At the balance sheet date, £485,203 (2024: £378,262) was owed to a company under common control. No interest is charged in respect of the loan.