REGISTERED NUMBER: 04170276 (England and Wales)

AVANTIS HOTELS LIMITED

ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Majithia F.C.A

M C Majithia

R C Majithia

R Majithia

SECRETARY:

Mrs A Majithia

REGISTERED OFFICE:

Sunmil House

Northgate

Northwood

Middlesex

HA6 2TH

REGISTERED NUMBER:

04170276 (England and Wales)

BANKERS:

Lloyds Bank Plc

4/6 Copthall Avenue

London

EC2R 7DA

FIXED ASSETS

Intangible assets

4

2

2

Tangible assets

5

4,064,606

4,025,997

4,064,608

4,025,999

CURRENT ASSETS

Stocks

7,628

6,146

Debtors

6

421,300

2,184,286

Cash at bank and in hand

4,475,144

2,660,924

4,904,072

4,851,356

CREDITORS

Amounts falling due within one year

(720,740

)

(978,283

)

NET CURRENT ASSETS

4,183,332

3,873,073

TOTAL ASSETS LESS CURRENT LIABILITIES

8,247,940

7,899,072

CREDITORS

Amounts falling due after more than one year

(1,373,605

)

(1,613,304

)

PROVISIONS FOR LIABILITIES

(394,000

)

(382,000

)

NET ASSETS

6,480,335

5,903,768

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

6,470,335

5,893,768

SHAREHOLDERS' FUNDS

6,480,335

5,903,768

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 16 December 2025 and were signed on its behalf by:

K Majithia F.C.A - Director

1.	STATUTORY INFORMATION

AVANTIS HOTELS 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Land included in long leasehold (over 50 years) hotel is not depreciated. Included in land and buildings is short leasehold land (under 50 years) which is depreciated on a straight line basis over the remaining term of the lease. All other tangible fixed assets are depreciated on a straight line basis to their residual values over their estimated useful lives as follows:

Long leasehold buildings

50 years

Non - core building

30 years

Plant and machinery

20years

Furniture,fixtures and equipment

7.5 years

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 20 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

2

NET BOOK VALUE

At 31 March 2025

2

At 31 March 2024

2

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

7,238,213

Additions

406,770

At 31 March 2025

7,644,983

DEPRECIATION

At 1 April 2024

3,212,216

Charge for year

368,161

At 31 March 2025

3,580,377

NET BOOK VALUE

At 31 March 2025

4,064,606

At 31 March 2024

4,025,997

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

384,529

1,795,956

Other debtors

-

89,000

384,529

1,884,956