Registration number: 07917418

Exhibition Hotel (York) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Exhibition Hotel (York) Limited

Company Information

Directors

D T Davies M M Davies K Malarkey

Registered office

19 Bootham York North Yorkshire YO30 7BW

Exhibition Hotel (York) Limited

(Registration number: 07917418)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	6	27,186	20,868
Current assets
Stocks	7	18,079	16,740
Debtors	8	30,512	28,458
Cash at bank and in hand		57,312	135,463
		105,903	180,661
Creditors: Amounts falling due within one year	9	(111,938)	(95,677)
Net current (liabilities)/assets		(6,035)	84,984
Total assets less current liabilities		21,151	105,852
Creditors: Amounts falling due after more than one year	9	(67,548)	(166,818)
Net liabilities		(46,397)	(60,966)
Capital and reserves
Called up share capital		100	100
Retained earnings		(46,497)	(61,066)
Shareholders' deficit		(46,397)	(60,966)

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 December 2025 and signed on its behalf by:
 

......................................... M M Davies Director

Exhibition Hotel (York) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 07917418.

The address of its registered office is:
19 Bootham
York
North Yorkshire
YO30 7BW

These financial statements were authorised for issue by the Board on 22 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Going concern

The directors recognise that there is significant concern over the ability of the company to continue as a going concern due to having an insolvent balance sheet totalling £46,497 (2023: £60,966). The company has however made a profit this year and the directors have a reasonable expectation that the company's financial position will continue to improve.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of food and drink and the provision of accommodation in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Exhibition Hotel (York) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Equipment, fixtures and fittings	20% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the Company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Fully amortised

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Exhibition Hotel (York) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 13 (2023 - 13).

4	Profit before tax

Arrived at after charging/(crediting)

	2024 £	2023 £
Depreciation expense	5,355	4,948

Exhibition Hotel (York) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2024	10,000	10,000
At 31 December 2024	10,000	10,000
Amortisation
At 1 January 2024	10,000	10,000
At 31 December 2024	10,000	10,000
Carrying amount
At 31 December 2024	-	-

6	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 January 2024	91,723	91,723
Additions	11,673	11,673
At 31 December 2024	103,396	103,396
Depreciation
At 1 January 2024	70,855	70,855
Charge for the year	5,355	5,355
At 31 December 2024	76,210	76,210
Carrying amount
At 31 December 2024	27,186	27,186
At 31 December 2023	20,868	20,868

Exhibition Hotel (York) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Stocks

	2024 £	2023 £
Other inventories	18,079	16,740

8

Debtors

	2024 £	2023 £
Other debtors	22,393	16,839
Deferred tax assets	8,119	11,619
	30,512	28,458

9

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	10	59,492	53,792
Taxation and social security		33,138	23,588
Accruals and deferred income		1,996	1,903
Other creditors		17,312	16,394
		111,938	95,677

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	10	67,548	166,818

Exhibition Hotel (York) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

10	Loans and borrowings

Current loans and borrowings

	2024 £	2023 £
Bank borrowings	5,324	14,290
Other borrowings	54,168	39,502
	59,492	53,792

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	27,443	72,474
Other borrowings	40,105	94,344
	67,548	166,818

Bank borrowings are unsecured as they relate to a bounce back loan. Other borrowings include an unsecured third party loans and unsecured director borrowings.

11	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £644,600 (2023 - £703,200). The commitment is for a 20 year rent lease from origination due to end in 2035.

12	Related party transactions

Other transactions with directors

D & M Davies
At the year end, the company owed the director £8,049 (2023: the company owed the directors £8,049). This amount is unsecured, interest free and repayable on demand.

K Malarkey
At the year end, the company owed the director £6,171 (2023: £5,796). This amount is unsecured, interest free and repayable on demand.