The Swan Hotel (Tarporley) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02957240 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE SWAN HOTEL (TARPORLEY) LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

Mrs C E Lees-Jones

SECRETARY:

Mrs C E Lees-Jones

REGISTERED OFFICE:

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

REGISTERED NUMBER:

02957240 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Tangible assets

4

207,171

234,427

Investment property

5

3,500,000

3,707,171

3,734,427

CURRENT ASSETS

Debtors

6

368,814

361,951

Cash at bank

6,965

12,004

375,779

373,955

CREDITORS

Amounts falling due within one year

7

236,172

253,316

NET CURRENT ASSETS

139,607

120,639

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,846,778

3,855,066

CREDITORS

Amounts falling due after more than one
year

8

(204,754

)

(252,411

)

PROVISIONS FOR LIABILITIES

10

(187,672

)

(187,672

)

NET ASSETS

3,454,352

3,414,983

CAPITAL AND RESERVES

Called up share capital

11

495,100

Fair value reserve

12

1,603,045

Retained earnings

1,356,207

1,316,838

SHAREHOLDERS' FUNDS

3,454,352

3,414,983

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 director acknowledges her 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 12 December 2025 and were signed by:

Mrs C E Lees-Jones - Director

1.	STATUTORY INFORMATION

The Swan Hotel (Tarporley) 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

The company acts as a lessor of properties and turnover includes income related to this activity, excluding value added tax.

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

-

20% on reducing balance and 15% on cost

Investment properties

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

344,412

DEPRECIATION

At 1 April 2024

109,985

Charge for year

27,256

At 31 March 2025

137,241

NET BOOK VALUE

At 31 March 2025

207,171

At 31 March 2024

234,427

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

3,500,000

NET BOOK VALUE

At 31 March 2025

3,500,000

At 31 March 2024

3,500,000

Investment properties were valued on a fair value basis at 31 March 2025 by the directors.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade debtors

33,335

52,071

Other debtors

335,479

309,880

368,814

361,951

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Bank loans and overdrafts

37,238

35,057

Trade creditors

13,286

28,643

Taxation and social security

-

7,692

Other creditors

185,648

181,924

236,172

253,316

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/3/25

31/3/24

£

Bank loans

201,223

238,461

Other creditors

3,531

13,950

204,754

252,411

Amounts falling due in more than five years:

Repayable by instalments

Bank loans over 5 years

75,692

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

Bank loans

238,461

273,518

The bank loans are secured by a charge on part of the company's property investment portfolio.

10.	PROVISIONS FOR LIABILITIES

31/3/25

31/3/24

£

Deferred tax

187,672

Deferred

tax

£

Balance at 1 April 2024

187,672

Balance at 31 March 2025

187,672

The deferred tax provision arises as a result of accelerated capital allowances and the revaluation of investment properties.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

495,100

Ordinary

£1

495,100

12.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

1,603,045