REGISTERED NUMBER: 00629427 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MERRION HOTEL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K G Bream

Mr D G Bream

Mr M P Bream

Mrs K A Bream

Mrs D Bream

SECRETARY:

REGISTERED OFFICE:

Merrion Hotel

South Parade

Llandudno

LL30 2LN

REGISTERED NUMBER:

00629427 (England and Wales)

ACCOUNTANTS:

Williams Denton Cyf

Chartered Certified Accountants

Glaslyn

Ffordd y Parc

Parc Menai

Bangor

Gwynedd

LL57 4FE

FIXED ASSETS

Tangible assets

4

1,260,315

1,290,688

CURRENT ASSETS

Stocks

13,200

12,092

Debtors

5

77,840

41,200

Cash at bank and in hand

256,095

259,334

347,135

312,626

CREDITORS

Amounts falling due within one year

6

172,225

208,280

NET CURRENT ASSETS

174,910

104,346

TOTAL ASSETS LESS CURRENT LIABILITIES

1,435,225

1,395,034

PROVISIONS FOR LIABILITIES

73,314

80,907

NET ASSETS

1,361,911

1,314,127

CAPITAL AND RESERVES

Called up share capital

5,200

5,200

Retained earnings

7

1,356,711

1,308,927

SHAREHOLDERS' FUNDS

1,361,911

1,314,127

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by:

Mr S S A Rozek - Director

1.	STATUTORY INFORMATION

Merrion 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.

Turnover

Turnover represents net invoiced sales of goods and services.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 10% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 49 (2024 - 52 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

967,060

848,479

21,266

1,836,805

Additions

-

41,522

-

41,522

Disposals

-

(263,637

)

(21,266

)

(284,903

)

At 31 March 2025

967,060

626,364

-

1,593,424

DEPRECIATION

At 1 April 2024

-

524,941

21,176

546,117

Charge for year

-

32,585

-

32,585

Eliminated on disposal

-

(224,417

)

(21,176

)

(245,593

)

At 31 March 2025

-

333,109

-

333,109

NET BOOK VALUE

At 31 March 2025

967,060

293,255

-

1,260,315

At 31 March 2024

967,060

323,538

90

1,290,688

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

77,840

41,200

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Payments on account

44,518

42,777

Trade creditors

15,350

24,814

Taxation and social security

90,616

119,959

Other creditors

21,741

20,730

172,225

208,280

7.

RESERVES

Retained

earnings

£

At 1 April 2024

1,308,927

Profit for the year

57,784

Dividends

(10,000

)

At 31 March 2025

1,356,711

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr K G Bream

Balance outstanding at start of year

20,000

-

Amounts advanced

40,000

20,000

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

60,000

20,000

Mr D G Bream

Balance outstanding at start of year

2,896

(3,662

)

Amounts advanced

6,575

9,558

Amounts repaid

(5,225

)

(3,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,246

2,896

Mr M P Bream

Balance outstanding at start of year

5,527

(1,304

)

Amounts advanced

7,506

9,831

Amounts repaid

(5,225

)

(3,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,808

5,527