Company registration number 15290233 (England and Wales)
LONDON WEST HOTELS LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
LONDON WEST HOTELS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
LONDON WEST HOTELS LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
9,479,739
2,700,000
Cash at bank and in hand
551
-
0
9,480,290
2,700,000
Creditors: amounts falling due within one year
4
(2,269,077)
(30,855)
Net current assets
7,211,213
2,669,145
Creditors: amounts falling due after more than one year
5
(5,214,777)
(700,000)
Net assets
1,996,436
1,969,145
Capital and reserves
Called up share capital
2,000,000
2,000,000
Profit and loss reserves
(3,564)
(30,855)
Total equity
1,996,436
1,969,145

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 17 March 2026 and are signed on its behalf by:
Mr V Chadha
Director
Company registration number 15290233 (England and Wales)
LONDON WEST HOTELS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

London West Hotels Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 205 Tulip House, Amory Tower, Canary Wharf, London, United Kingdom, E14 9TW.

1.1
Reporting period

The company was incorporated on 16 November 2023. The comparative accounting period is from the date of incorporation until the reporting date of 31 March 2024. The current accounting period is the financial year ended 31 March 2025.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the 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 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.

Classification of financial liabilities

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 company after deducting all of its liabilities.

LONDON WEST HOTELS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
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 paymen ts 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. A m ounts 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.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
9,479,739
2,700,000

Included in other debtors is £1,000,000 (2024: £1,000,000) in respect of unpaid share capital in relation to shares issued to a director.

Also included within Other Debtors is an amount of £8,170,139 (2024: £1,400,000) owed by related companies. While these companies have net assets, they have utilised the funds to make loans and investments not recoverable in the short term. In some cases, the investments and companies receiving the loans have lost money. This indicates uncertainty as to whether the balance owed is fully recoverable.

Nonetheless no provision for impairment of amounts owed by related companies has been recognised as the directors believe the balance to be fully recoverable for the following reason:

While not currently a legal group the companies are in the process of refinancing and restructuring which will result in a group with high levels of liquidity and intercompany guarantees reducing the risk of any companies defaulting including those owing funds to this company.

LONDON WEST HOTELS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
4
Creditors: amounts falling due within one year
2025
2024
£
£
Other borrowings
1,860,304
-
0
Other creditors
26,038
-
0
Accruals and deferred income
382,735
30,855
2,269,077
30,855

The other borrowings are unsecured.

5
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Other borrowings
5,214,777
700,000

The other borrowings are unsecured.

6
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Emphasis of matter

We draw attention to note 4 of the financial statements, which describes the basis of the recoverability of £8,170,139 included in Other Debtors. Our opinion is not modified in this respect.

Senior Statutory Auditor:
Anwer Patel BA(Hons),FCA,BFP
Statutory Auditor:
Prestons
Date of audit report:
17 March 2026
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