Wiltshire Hotel Leisure and Golf Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08179204 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Wiltshire Hotel Leisure and Golf Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Bodappati

REGISTERED OFFICE:

The Wiltshire Hotel Vastern,

Royal Wootton Bassett,

Swindon,

Wiltshire

SN4 7PB

REGISTERED NUMBER:

08179204 (England and Wales)

ACCOUNTANTS:

Soneji & Co Ltd

20 egerton Close,

Pinner

Middlesex

HA5 2LP

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

2,555,672

2,655,748

2,555,672

2,655,748

CURRENT ASSETS

Stocks

119,371

29,652

Debtors

6

338,666

251,527

Cash at bank and in hand

1,031,085

1,004,988

1,489,122

1,286,167

CREDITORS

Amounts falling due within one year

7

523,319

659,015

NET CURRENT ASSETS

965,803

627,152

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,521,475

3,282,900

CREDITORS

Amounts falling due after more than one
year

8

(3,675,267

)

(3,475,695

)

PROVISIONS FOR LIABILITIES

(595

)

(8,067

)

NET LIABILITIES

(154,387

)

(200,862

)

CAPITAL AND RESERVES

Called up share capital

120

Retained earnings

(154,507

)

(200,982

)

(154,387

)

(200,862

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 December 2025 and were signed by:

S Bodappati - Director

1.	STATUTORY INFORMATION

Wiltshire Hotel Leisure and Golf Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

30% on cost and at varying rates on cost

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

33,000

AMORTISATION

At 1 January 2024

and 31 December 2024

33,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2024

3,035,837

805,662

3,841,499

Additions

-

3,996

At 31 December 2024

3,035,837

809,658

3,845,495

DEPRECIATION

At 1 January 2024

547,477

638,274

1,185,751

Charge for year

48,478

55,594

104,072

At 31 December 2024

595,955

693,868

1,289,823

NET BOOK VALUE

At 31 December 2024

2,439,882

115,790

2,555,672

At 31 December 2023

2,488,360

167,388

2,655,748

6.

DEBTORS

31.12.24

31.12.23

£

Amounts falling due within one year:

Trade debtors

50,974

78,728

Other debtors

287,692

171,466

338,666

250,194

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

1,333

Aggregate amounts

338,666

251,527

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

255,559

292,191

Taxation and social security

80,149

208,379

Other creditors

187,611

158,445

523,319

659,015

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Amounts owed to group undertakings

3,675,267

3,475,695

9.	RELATED PARTY DISCLOSURES

The company was under the control of Mr S Bodappati throughout the current and previous year.

During the year, the company paid interest of £193,175 (2023: £177,602) and management fees of £6,000 (2023: £6,000) to its immediate parent company.

During the year, the company has received rent of £1,200 (2023: £1,200) from Tamah Crown Ltd, a company under the same management, registered and operating in the UK.

Included within the creditors falling due after more than one year are loan of £3,621,774 (2023: £3,475,695) from its immediate parent company with no fixed term of repayment.

No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.

10.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is Taashi Crown Limited, incorporated in England and Wales.

The ultimate parent is Taashi Inc, incorporated in British Virgin Islands.