Number One Hotels Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 06088825

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,000		1,500
Tangible Assets	5		228,020		202,122

			229,020		203,622
CURRENT ASSETS
Stocks	6	3,500		8,500
Debtors	7	3,580		4,447

		7,080		12,947
Creditors: Amounts Falling Due Within One Year	8	(171,429 )		(63,785 )

NET CURRENT ASSETS (LIABILITIES)			(164,349 )		(50,838 )

TOTAL ASSETS LESS CURRENT LIABILITIES			64,671		152,784

Creditors: Amounts Falling Due After More Than One Year	9		(50,358 )		(60,531 )

NET ASSETS			14,313		92,253

CAPITAL AND RESERVES
Called up share capital	11		300		300
Profit and Loss Account			14,013		91,953

SHAREHOLDERS' FUNDS			14,313		92,253

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Number One Hotels Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr K M Smith

Director

16/12/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Number One Hotels Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06088825 . The registered office is 4 Harrowside West, Blackpool, FY4 1NW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	1% Straight line
Plant & Machinery	1% Straight line
Motor Vehicles	20% reducing balance
Fixtures & Fittings	1% Straight line
Computer Equipment	1% Straight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 8)

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Number One Hotels Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	10,000

As at 31 March 2025	10,000

Amortisation
As at 1 April 2024	8,500
Provided during the period	500

As at 31 March 2025	9,000

Net Book Value
As at 31 March 2025	1,000

As at 1 April 2024	1,500

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2024	52,738	58,806	65,590	579,619
Additions	11,534	19,454	-	9,684

As at 31 March 2025	64,272	78,260	65,590	589,303

Depreciation
As at 1 April 2024	28,619	52,028	26,236	448,385
Provided during the period	643	503	7,871	5,750

As at 31 March 2025	29,262	52,531	34,107	454,135

Net Book Value
As at 31 March 2025	35,010	25,729	31,483	135,168

As at 1 April 2024	24,119	6,778	39,354	131,234


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2024	3,779	760,532
Additions	-	40,672

As at 31 March 2025	3,779	801,204

Depreciation
As at 1 April 2024	3,142	558,410
Provided during the period	7	14,774

As at 31 March 2025	3,149	573,184

...CONTINUED

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Number One Hotels Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	630	228,020

As at 1 April 2024	637	202,122

6. Stocks

	2025	2024
	£	£
Stock	3,500	8,500

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,783	3,631
Other debtors	1,797	816

	3,580	4,447

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	4,172	4,172
Trade creditors	6,939	6,246
Bank loans and overdrafts	56,208	40,288
Amounts owed to participating interests	720	-
Other creditors	102,604	4,870
Taxation and social security	786	8,209

	171,429	63,785

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	28,156	32,328
Bank loans	22,202	28,203

	50,358	60,531

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,172	4,172
Later than one year and not later than five years	28,156	32,328

	32,328	36,500

	32,328	36,500

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Number One Hotels Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	300	300

12. Ultimate Controlling Party

The company's ultimate controlling party is Number One Hotels (Holdings) Limited by virtue of his ownership of 100% of the issued share capital in the company.

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