Company Registration No. 12435612 (England and Wales)
Double Nine Hospitality Ltd
Unaudited accounts
for the year ended 31 March 2025
Double Nine Hospitality Ltd
Unaudited accounts
Contents
Double Nine Hospitality Ltd
Company Information
for the year ended 31 March 2025
Directors
Mr David Bellaiche
Gabriel Wolf Cohen
Double Nine Hospitality Holdco Ltd
Company Number
12435612 (England and Wales)
Registered Office
c/o Gains Accountants
Plexal, 14 East Bay Lane
London
E20 3BS
United Kingdom
Accountants
Gains Accountants
Queen Elizabeth Olympic Park
Plexal, 14 East Bay Lane
London
E20 3BS
Double Nine Hospitality Ltd
Statement of financial position
as at 31 March 2025
Called up share capital not paid
100
100
Tangible assets
777,760
477,924
Inventories
129,018
58,346
Cash at bank and in hand
222,625
437,058
Creditors: amounts falling due within one year
(631,470)
(151,142)
Net current (liabilities)/assets
(57,854)
420,136
Total assets less current liabilities
720,006
898,160
Creditors: amounts falling due after more than one year
-
(952,872)
Net assets/(liabilities)
720,006
(54,712)
Called up share capital
100
100
Profit and loss account
719,906
(54,812)
Shareholders' funds
720,006
(54,712)
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 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 of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by
Mr David Bellaiche
Director
Company Registration No. 12435612
Double Nine Hospitality Ltd
Notes to the Accounts
for the year ended 31 March 2025
Double Nine Hospitality Ltd is a private company, limited by shares, registered in England and Wales, registration number 12435612. The registered office is c/o Gains Accountants, Plexal, 14 East Bay Lane, London, E20 3BS, 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:
Land & buildings
Over the lease term (straight-line basis)
Plant & machinery
20% or 50% (Straight line basis)
Fixtures & fittings
20% (Straight line basis)
Computer equipment
20% (Straight line basis)
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Double Nine Hospitality Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
100,308
101,860
415,589
-
617,757
Additions
355,020
2,775
70,554
250
428,599
At 31 March 2025
455,328
104,635
486,143
250
1,046,356
At 1 April 2024
31,763
17,626
90,444
-
139,833
Charge for the year
21,163
21,603
85,984
13
128,763
At 31 March 2025
52,926
39,229
176,428
13
268,596
At 31 March 2025
402,402
65,406
309,715
237
777,760
At 31 March 2024
68,545
84,234
325,145
-
477,924
Amounts falling due within one year
Trade debtors
8,362
21,736
Amounts due from group undertakings etc.
28,686
-
Accrued income and prepayments
50,248
21,497
Amounts falling due after more than one year
Other debtors
89,300
32,641
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
113,386
58,218
Amounts owed to group undertakings and other participating interests
12,940
-
Taxes and social security
208,625
-
Other creditors
268,140
277
7
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
-
952,872
Double Nine Hospitality Ltd
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
162,337
53,000
Later than one year and not later than five years
460,000
47,337
Later than five years
863,288
-
10
Transactions with related parties
During the year, the company undertook transactions with related companies under the common control of the directors.
At the year-end, amounts owed by Double Nine Hospitality Ltd to related companies were £266,964 to Double One Hospitality Ltd, £1,020 to Double Six Hospitality Ltd and £12,940 to Double Nine Hospitality Franchise Limited.
At the year end, amounts owed to Double Nine Hospitality Ltd by related companies were £45,309 from Double Five Hospitality Ltd, £27,936 from Double Nine Hospitality IPCO Ltd and £750 from Double Nine Hospitality Holdco Ltd.
The company is under the control of Double Nine Hospitality Holdco Ltd (Co Reg no: 12434346), registered office Wenodo Garden Office, 96 Brighton Road, Banstead, England, SM7 1BU.
12
Average number of employees
During the year the average number of employees was 21 (2024: 17).