COMPANY REGISTRATION NUMBER:
07057594
|
Kingston Lodge Hotel Limited |
|
|
Filleted Financial Statements |
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Kingston Lodge Hotel Limited |
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Statement of Financial Position |
|
25 March 2025
Current assets
|
Debtors |
5 |
6,258,992 |
6,257,391 |
|
Cash at bank and in hand |
9 |
88 |
|
------------ |
------------ |
|
6,259,001 |
6,257,479 |
|
|
|
|
|
Creditors: amounts falling due within one year |
6 |
(
6,471,913) |
(
6,470,390) |
|
------------ |
------------ |
|
Net current liabilities |
(
212,912) |
(
212,911) |
|
--------- |
--------- |
|
Total assets less current liabilities |
(
212,912) |
(
212,911) |
|
--------- |
--------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
1 |
1 |
|
Profit and loss account |
(
212,913) |
(
212,912) |
|
--------- |
--------- |
|
Shareholders deficit |
(
212,912) |
(
212,911) |
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--------- |
--------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the
board of directors
and authorised for issue on
22 December 2025
, and are signed on behalf of the board by:
Company registration number:
07057594
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Kingston Lodge Hotel Limited |
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Notes to the Financial Statements |
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Year ended 25 March 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Mollington Banastre Hotel, Parkgate Road, Mollington, Chester, Cheshire, CH1 6NN, England.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
At the reporting year end the company has total liabilities amounting to £212,912 (2024: net liabilities of £212,911). The company is reliant on its shareholders, as well as other related parties for funds to support its operations. These parties have pledged continued support for the company for at least 12 months from the date of the approval of these financial statements.
Disclosure exemptions
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied: Financial reporting standard 102-reduced disclosure exemption The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland": " The requirements of Section 7 Statements of Cash flows; The exemption is available as
Kingston Lodge Hotel Limited
is a subsidiary within a group that prepares publicly available consolidated accounts that give a true and fair view. See note 10.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 reporting date that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Intangible assets
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Acquisition cost |
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£ |
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Cost |
|
|
At 26 March 2024 and 25 March 2025 |
120,349 |
|
--------- |
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Amortisation |
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At 26 March 2024 and 25 March 2025 |
120,349 |
|
--------- |
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Carrying amount |
|
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At 25 March 2025 |
– |
|
--------- |
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At 25 March 2024 |
– |
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--------- |
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5.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
6,257,391 |
6,257,391 |
|
Other debtors |
1,601 |
– |
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------------ |
------------ |
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6,258,992 |
6,257,391 |
|
------------ |
------------ |
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6.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
– |
5,258 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
2,056,922 |
1,653,727 |
|
Corporation tax |
9,733 |
9,734 |
|
Social security and other taxes |
– |
1,671 |
|
Other creditors |
4,405,258 |
4,800,000 |
|
------------ |
------------ |
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6,471,913 |
6,470,390 |
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------------ |
------------ |
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7.
Financial commitments; guarantees and contingent liabilities
After the end of the reporting period, the Company ceased to be a part to a multi-lateral cross-guarantee between itself, Brook Hotels Group Ltd, and its fellow subsidiary Brook Hotels No. 1 Ltd, following settlement reached with a creditor. As a result, no liability exists in respect of this guarantee.
8.
Summary audit opinion
The auditor's report dated
22 December 2025
was
unqualified
.
The senior statutory auditor was
Bhupindar Chowdhary FCA
, for and on behalf of
Chowdhary & Co
.
9.
Related party transactions
The company has taken advantage of section 33.1A of FRS102 in not disclosing transactions between wholly owned members of a group.
10.
Controlling party
The company's ultimate parent company is Brook Hotels Group Limited, a company registered in England and Wales. Brook Hotels Group Limited is controlled by U Ummat by virtue of his majority shareholding. As at the year end, the Company was a subsidiary undertaking of Brook Hotels Group Limited, a company incorporated in England and Wales. The smallest and largest group in which the results of the company are consolidated is that headed by Brook Hotels Group Limited, the consolidated accounts of which may be obtained from: Mollington Banastre Hotel, Parkgate Road, Mollington, Chester, Cheshire, England, CH1 6NN