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REGISTERED NUMBER: 05087920 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

London House Hotels Limited

London House Hotels Limited (Registered number: 05087920)

Contents of the Financial Statements

for the Year Ended 31 May 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

London House Hotels Limited

Company Information

for the Year Ended 31 May 2025

| DIRECTORS: | Dr E Dangoor

| R Samra

| REGISTERED OFFICE: | 81 Kensington Gardens Square

| London

| W2 4DJ

| REGISTERED NUMBER: | 05087920 (England and Wales)

| ACCOUNTANTS: | TC Group

| First Floor

| Spitalfields House

| Stirling Way

| Borehamwood

| Hertfordshire

| WD6 2FX

London House Hotels Limited (Registered number: 05087920)

Balance Sheet

31 May 2025

| 31.5.25 |  | 31.5.24

| Notes | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 29,069,462 |  | 29,252,532 |  |

CURRENT ASSETS

Inventories | 1,748 |  | 2,017 |  |

Debtors | 5 | 115,913 |  | 134,131 |  |

Cash at bank and in hand | 2,577,138 |  | 1,544,033 |  |

2,694,799 |  | 1,680,181 |  |

CREDITORS

Amounts falling due within one year | 6 | (2,689,060 | ) | (2,593,656 | ) |

NET CURRENT ASSETS/(LIABILITIES) | 5,739 |  | (913,475 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 29,075,201 |  | 28,339,057 |  |

PROVISIONS FOR LIABILITIES | (16,990 | ) | (17,371 | ) |

NET ASSETS | 29,058,211 |  | 28,321,686 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 400 |  | 400 |  |

Share premium | 26,494,900 |  | 26,494,900 |  |

Retained earnings | 2,562,911 |  | 1,826,386 |  |

SHAREHOLDERS' FUNDS | 29,058,211 |  | 28,321,686 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

London House Hotels Limited (Registered number: 05087920)

Balance Sheet - continued

31 May 2025

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 Board of Directors and authorised for issue on 9 February 2026 and were signed on its behalf by:

R Samra - Director

London House Hotels Limited (Registered number: 05087920)

Notes to the Financial Statements

for the Year Ended 31 May 2025

1. | STATUTORY INFORMATION

| London House Hotels 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Significant judgements and estimates

| In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

| There are no significant judgements or estimates involved in the preparation of the financial statements.

| Turnover

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

| Property, plant and equipment

| Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

| The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

| Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

| Plant and machinery - 20% on reducing balance

| Fixtures and fittings - 20% on reducing balance

| Freehold Property - 2% on cost

| Motor vehicle - 25% on reducing balance

| Stocks

| Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

London House Hotels Limited (Registered number: 05087920)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Schedule 1A of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Derecognition of financial assets

| Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| Derecognition of financial liabilities

| Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

| 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.

London House Hotels Limited (Registered number: 05087920)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| 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 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 23 (2024 - 23 ) .

4. | PROPERTY, PLANT AND EQUIPMENT

| Fixtures |

| Freehold |  | Plant and |  | and |  | Motor |

| property |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 June 2024 | 30,000,000 |  | 391,468 |  | 313,475 |  | 24,917 |  | 30,729,860 |  |

| Additions | - |  | - |  | 12,002 |  | - |  | 12,002 |  |

| At 31 May 2025 | 30,000,000 |  | 391,468 |  | 325,477 |  | 24,917 |  | 30,741,862 |  |

| DEPRECIATION

| At 1 June 2024 | 816,953 |  | 379,584 |  | 260,310 |  | 20,482 |  | 1,477,329 |  |

| Charge for year | 181,545 |  | 2,747 |  | 9,670 |  | 1,109 |  | 195,071 |  |

| At 31 May 2025 | 998,498 |  | 382,331 |  | 269,980 |  | 21,591 |  | 1,672,400 |  |

| NET BOOK VALUE

| At 31 May 2025 | 29,001,502 |  | 9,137 |  | 55,497 |  | 3,326 |  | 29,069,462 |  |

| At 31 May 2024 | 29,183,047 |  | 11,884 |  | 53,165 |  | 4,435 |  | 29,252,531 |  |

| The properties have been valued by the directors at its fair value of £29,001,502 at the year end.

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

| 31.5.25 |  | 31.5.24

£ | £ |

| Trade debtors | 43,169 |  | 82,055 |  |

| Other debtors | 72,744 |  | 52,076 |  |

115,913 |  | 134,131 |  |

London House Hotels Limited (Registered number: 05087920)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

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

| 31.5.25 |  | 31.5.24

£ | £ |

| Trade creditors | 67,739 |  | 39,988 |  |

| Amounts owed to group undertakings | 1,893,480 |  | 1,718,480 |  |

| Taxation and social security | 317,658 |  | 476,558 |  |

| Other creditors | 410,183 |  | 358,630 |  |

2,689,060 |  | 2,593,656 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.5.25 |  | 31.5.24

| value: | £ | £ |

| 400 | Ordinary shares | £1 | 400 |  | 400 |  |

8. | RELATED PARTY DISCLOSURES

| Included in debtors amounts falling due within one year is an amount of £12,836 (2024: Nil) owed from a related company.

| Included in creditors amounts falling due within one year is an amount of £1,893,480 (2024: £1,718,480) owed to related companies. The amounts are repayable on demand and interest free.

| The company incurred management charges of £82,500 (2024: £90,000) during the year with a related company.

9. | ULTIMATE CONTROLLING PARTY

| The controlling party is London House Hotels Holdings Limited.