Company Registration No. 11264266 (England and Wales)
The Statement Hotel Ltd
Unaudited accounts
for the year ended 31 March 2025
The Statement Hotel Ltd
Unaudited accounts
Contents
The Statement Hotel Ltd
Company Information
for the year ended 31 March 2025
Director
Obianuju OCHINANWATA
Company Number
11264266 (England and Wales)
Registered Office
74-76 MARINE ROAD WEST
MORECAMBE
LANCASHIRE
LA4 4EP
UNITED KINGDOM
Accountants
Egemole & Co Accountants
29 Mansfield Road
Sheffield
South Yorkshire
S12 2AE
The Statement Hotel Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
649,777
656,313
Cash at bank and in hand
423
4,524
Creditors: amounts falling due within one year
(1,112,963)
(1,114,308)
Net current liabilities
(1,112,540)
(1,109,784)
Net liabilities
(462,763)
(453,471)
Called up share capital
1
1
Profit and loss account
(462,764)
(453,472)
Shareholders' funds
(462,763)
(453,471)
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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 December 2025 and were signed on its behalf by
Obianuju OCHINANWATA
Director
Company Registration No. 11264266
The Statement Hotel Ltd
Notes to the Accounts
for the year ended 31 March 2025
The Statement Hotel Ltd is a private company, limited by shares, registered in England and Wales, registration number 11264266. The registered office is 74-76 MARINE ROAD WEST, MORECAMBE, LANCASHIRE, LA4 4EP, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
620,000
25,758
72,188
717,946
At 31 March 2025
620,000
25,758
72,188
717,946
At 1 April 2024
-
16,208
45,425
61,633
Charge for the year
-
1,719
4,817
6,536
At 31 March 2025
-
17,927
50,242
68,169
At 31 March 2025
620,000
7,831
21,946
649,777
At 31 March 2024
620,000
9,550
26,763
656,313
The Statement Hotel Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
29,116
35,930
Trade creditors
23,095
17,626
Loans from directors
1,060,752
1,060,752
6
Average number of employees
During the year the average number of employees was 4 (2024: 4).