IRIS Accounts Production v25.4.0.155 05111984 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05111984 2024-01-31 05111984 2025-01-31 05111984 2024-02-01 2025-01-31 05111984 2023-01-31 05111984 2023-02-01 2024-01-31 05111984 2024-01-31 05111984 ns15:EnglandWales 2024-02-01 2025-01-31 05111984 ns14:PoundSterling 2024-02-01 2025-01-31 05111984 ns10:Director1 2024-02-01 2025-01-31 05111984 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 05111984 ns10:SmallEntities 2024-02-01 2025-01-31 05111984 ns10:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 05111984 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 05111984 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 05111984 ns10:FullAccounts 2024-02-01 2025-01-31 05111984 1 2024-02-01 2025-01-31 05111984 ns10:Director3 2024-02-01 2025-01-31 05111984 ns10:CompanySecretary1 2024-02-01 2025-01-31 05111984 ns10:RegisteredOffice 2024-02-01 2025-01-31 05111984 ns5:CurrentFinancialInstruments 2025-01-31 05111984 ns5:CurrentFinancialInstruments 2024-01-31 05111984 ns5:ShareCapital 2025-01-31 05111984 ns5:ShareCapital 2024-01-31 05111984 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 05111984 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 05111984 ns5:NetGoodwill 2024-02-01 2025-01-31 05111984 ns5:NetGoodwill 2024-01-31 05111984 ns5:NetGoodwill 2025-01-31 05111984 ns5:NetGoodwill 2024-01-31 05111984 ns5:LandBuildings 2024-01-31 05111984 ns5:PlantMachinery 2024-01-31 05111984 ns5:LandBuildings 2024-02-01 2025-01-31 05111984 ns5:PlantMachinery 2024-02-01 2025-01-31 05111984 ns5:LandBuildings 2025-01-31 05111984 ns5:PlantMachinery 2025-01-31 05111984 ns5:LandBuildings 2024-01-31 05111984 ns5:PlantMachinery 2024-01-31 05111984 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 05111984 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31 05111984 ns5:CurrentFinancialInstruments 2024-02-01 2025-01-31

REGISTERED NUMBER: 05111984 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

TULIP BRIGHTON LIMITED

| TULIP BRIGHTON LIMITED (REGISTERED NUMBER: 05111984) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| TULIP BRIGHTON LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTORS: | D G Calderhead

| F De Luca

| SECRETARY: | M Palazzo Aprile

| REGISTERED OFFICE: | 2nd Floor

| Medway Bridge House

| 1 - 8 Fairmeadow

| Maidstone

| Kent

| ME14 1JP

| REGISTERED NUMBER: | 05111984 (England and Wales)

| ACCOUNTANTS: | Crowe U.K. LLP

| 2nd Floor

| Medway Bridge House

| 1-8 Fairmeadow

| Maidstone

| Kent

| ME14 1JP

| TULIP BRIGHTON LIMITED (REGISTERED NUMBER: 05111984) |

BALANCE SHEET

31 JANUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 1,391,763 |  | 1,422,857 |  |

1,391,763 |  | 1,422,857 |  |

CURRENT ASSETS

Debtors | 6 | 70,265 |  | 53,914 |  |

Cash at bank and in hand | 2,768 |  | 9,202 |  |

73,033 |  | 63,116 |  |

CREDITORS

Amounts falling due within one year | 7 | 131,512 |  | 144,703 |  |

NET CURRENT LIABILITIES | (58,479 | ) | (81,587 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,333,284 |  | 1,341,270 |  |

CAPITAL AND RESERVES

Called up share capital | 1,500,000 |  | 1,500,000 |  |

Retained earnings | (166,716 | ) | (158,730 | ) |

1,333,284 |  | 1,341,270 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 January 2026 and were signed on its behalf by:

F De Luca - Director

| TULIP BRIGHTON LIMITED (REGISTERED NUMBER: 05111984) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| Tulip Brighton 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.

| Going Concern

| At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for at least 12 months following the approval of these financial statements. Thus the directors the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT. Turnover from hotel rooms is recognised as the rooms are occupied and turnover arising from contributions toward costs and recharged expenses are recognised in the period in which the costs are incurred by the company. Turnover from other services is recognised at the point of sale.

| Goodwill

| Acquired goodwill is written off in equal instalments over its estimated useful economic life.

| Tangible fixed assets

| Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

| Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

| Land and buildings freehold (excluding land) 2% straight line basis

| Land and buildings leasehold over the term of the lease

| Fixtures, fittings & equipment 20% straight line basis

| Financial instruments

| The company has elected to apply the recognition and measurement provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to contractual provisions of the instrument.

| Basic financial assets

| Basic financial assets, which include debtors, cash and bank balances, and loans to group companies are measured at transaction price including transaction costs.

| Basic financial liabilities

| Basic financial liabilities, including creditors, are recognised at transaction price.

| TULIP BRIGHTON LIMITED (REGISTERED NUMBER: 05111984) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

| Leases

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

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 9 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| Cost

| At 1 February 2024

| and 31 January 2025 | 450,000 |  |

| Amortisation

| At 1 February 2024

| and 31 January 2025 | 450,000 |  |

| Net book value

| At 31 January 2025 | - |  |

| At 31 January 2024 | - |  |

| TULIP BRIGHTON LIMITED (REGISTERED NUMBER: 05111984) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| Cost

| At 1 February 2024 | 1,884,809 |  | 630,467 |  | 2,515,276 |  |

| Additions | - |  | 3,993 |  | 3,993 |  |

| At 31 January 2025 | 1,884,809 |  | 634,460 |  | 2,519,269 |  |

| Depreciation

| At 1 February 2024 | 472,823 |  | 619,596 |  | 1,092,419 |  |

| Charge for year | 29,227 |  | 5,860 |  | 35,087 |  |

| At 31 January 2025 | 502,050 |  | 625,456 |  | 1,127,506 |  |

| Net book value

| At 31 January 2025 | 1,382,759 |  | 9,004 |  | 1,391,763 |  |

| At 31 January 2024 | 1,411,986 |  | 10,871 |  | 1,422,857 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 4,197 |  | 29,362 |  |

| Amounts owed by group undertakings | 44,401 |  | - |  |

| Other debtors | 21,667 |  | 24,552 |  |

70,265 |  | 53,914 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 19,240 |  | 22,004 |  |

| Trade creditors | 21,436 |  | 22,822 |  |

| Amounts owed to group undertakings | - |  | 6,819 |  |

| Taxation and social security | 75,066 |  | 55,862 |  |

| Other creditors | 15,770 |  | 37,196 |  |

131,512 |  | 144,703 |  |

| The bank overdraft facility is secured by a charge over the freehold property owned by the company.

8. | OPERATING LEASE COMMITMENTS

| At the reporting end date, the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £93,000 (2024: £105,000). The lease commitment relates to rent payable to 2032 in respect of a property occupied by the company.