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COMPANY REGISTRATION NUMBER: 06611793

Hotelmania Ltd

Filleted Financial Statements

31 December 2025

Hotelmania Ltd

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £ | £ | £

Current assets

Debtors | 6 | 6,929 |  | 31,775 |
Cash at bank and in hand | 283,663 |  | 1,268,382 |
| --------- |  | ------------ |
| 290,592 |  | 1,300,157 |

Creditors: amounts falling due within one year | 7 | 53,227 |  | 167,484 |
| --------- |  | ------------ |
Net current assets |  | 237,365 |  | 1,132,673
|  | --------- |  | ------------
Total assets less current liabilities |  | 237,365 |  | 1,132,673
|  | --------- |  | ------------

Capital and reserves

Called up share capital | 8 |  | 2 |  | 2
Profit and loss account |  | 237,363 |  | 1,132,671
|  | --------- |  | ------------
Shareholders funds |  | 237,365 |  | 1,132,673
|  | --------- |  | ------------

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 directors acknowledge their 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 2 March 2026 , and are signed on behalf of the board by:

A Tsakpinis
Director

Company registration number: 06611793

Hotelmania Ltd

Notes to the Financial Statements

Year ended 31 December 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 50 Seymour Street, London, W1H 7JG, 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 presentation currency of the company. The functional currency of the company is Euros. The financial statements are prepared in Sterling for consistency with prior years. Historically a major supplier invoiced the company in Sterling. The directors have confirmed their intention to cease trading during the first half of 2026 and have concluded that the company is no longer a going concern. The financial statements have been prepared on a break-up basis, with assets measured at estimated realisable amounts and liabilities at the amounts expected to be settled. The parent company has indicated that it will provide financial support if required during the wind down period to ensure the company can meet its obligations as they fall due.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
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.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 25% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets

| Equipment
| £
Cost |
At 1 January 2025 and 31 December 2025 | 55,429
| --------
Depreciation |
At 1 January 2025 and 31 December 2025 | 55,429
| --------
Carrying amount |
At 31 December 2025 | –
| --------
At 31 December 2024 | –
| --------

As part of the company’s closure, the fixed assets will be disposed of. These assets currently have a nil net book value as they are fully depreciated.
6. Debtors

| 2025 | 2024
| £ | £
Other debtors | 6,929 | 31,775
| ------- | --------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 39,390 | 300
Corporation tax | – | 130,250
Other creditors | 13,837 | 36,934
| -------- | ---------
| 53,227 | 167,484
| -------- | ---------

8. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 2 | 2 | 2 | 2
| ---- | ---- | ---- | ----

9. Summary audit opinion
The auditor's report dated 4 March 2026 was unqualified , however, the auditor drew attention to the following by way of emphasis.
We draw attention to Note 3 to the financial statements which explains that the directors intend to liquidate the company and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in Note 3. Our opinion is not modified in respect of this matter.
The senior statutory auditor was Thomas York FCCA , for and on behalf of Edmund Carr LLP .
10. Related party transactions
Total sales to related parties during the year amounted to £139,032 (2024: £2,296,018). No trade receivable balance was outstanding at the reporting date, or at the prior year end. Accrued income of £3,225 (2024: £31,559) was recognised in respect of these transactions.
11. Controlling party
The immediate parent company is BM Severality Consulting Limited, a company incorporated in Cyprus, with its registered office at 9 Mnasiadou Street, Demokritos Building, Office 16, 1065 Nicosia. Up to 30 December 2025, the ultimate holding company was Revplus Ltd, incorporated in Cyprus, with its registered office at Diagorou 4, Kermia Building, Floor 1, Flat/Office 103, 1097 Nicosia, Cyprus. From 31 December 2025, the ultimate holding company is Pankonto Holdings Limited, incorporated in Cyprus, with its registered office at Kermia Building, Floor 1, Flat/Office 103, Diagorou 4, 1097 Nicosia, Cyprus.