Registration number: 02865979

Worgret Manor Hotel Limited

Statement of Financial Position as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	231,272	237,174
Current assets
Cash at bank and in hand		2,055	1,237
Creditors: Amounts falling due within one year	5	(2,201,310)	(2,187,630)
Net current liabilities		(2,199,255)	(2,186,393)
Total assets less current liabilities		(1,967,983)	(1,949,219)
Creditors: Amounts falling due after more than one year	5	-	(1,310)
Net liabilities		(1,967,983)	(1,950,529)
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		(1,968,983)	(1,951,529)
Shareholders' deficit		(1,967,983)	(1,950,529)

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of Worgret Manor Hotel Limited has elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the director on 29 April 2026
 

.........................................

Mrs Ann Lynn

Director

Company registration number: 02865979

Worgret Manor Hotel Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of the operation of an hotel.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. The comparative figures are presented on a going concern basis.

Basis other than going concern

The company had net liabilities at 31 October 2025 of £1,967,983. At this date an amount of £2,196,460 was due to the director who has confirmed that she will not seek repayment until such time as the company has sufficient working capital. She has also confirmed that further amounts will be advanced to the company, if required.

Subsequent to 31 October 2025, the company has ceased trading and intends to sell the freehold property. On that basis, the accounts have been prepared on a basis other than going concern. The freehold property continues to be stated at cost less depreciation and impairment as there is not yet any certainty to any sale in timing or amount. For the same reason, no deferred tax liability has been included. All other assets are stated are recoverable amounts. No additional liabilities have arisen.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax and discounts.

The company recognises revenue based upon the dates that guests stay at the hotel.

Worgret Manor Hotel Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tangible assets

Freehold property is stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold buildings	2% straight line
Furniture, fittings and equipment	10% - 25% straight line
Plant and machinery	20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities.

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

Worgret Manor Hotel Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4	Tangible assets

	Freehold land and buildings £	Furniture, fittings and equipment  £	Plant and equipment £	Total £
Cost or valuation
At 1 November 2024	342,582	85,967	26,781	455,330
Disposals	-	(74,294)	(26,781)	(101,075)
At 31 October 2025	342,582	11,673	-	354,255
Depreciation
At 1 November 2024	107,904	83,471	26,781	218,156
Charge for the year	4,669	1,233	-	5,902
Eliminated on disposal	-	(74,294)	(26,781)	(101,075)
At 31 October 2025	112,573	10,410	-	122,983
Carrying amount
At 31 October 2025	230,009	1,263	-	231,272
At 31 October 2024	234,678	2,496	-	237,174

5

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Bank loans and overdrafts	6	1,251	1,779
Other creditors		2,200,059	2,185,851
		2,201,310	2,187,630

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Loans and borrowings	6	-	1,310

Worgret Manor Hotel Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

6	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank loans	1,251	1,779

Non-current loans and borrowings

	2025 £	2024 £
Bank loans	-	1,310

The bank loans are secured by way of a fixed charge over the company's freehold property and a floating charge over the other assets and undertakings.