Broome Park Hotel Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15663632

Broome Park Hotel Ltd

Filleted Financial Statements

31 March 2025

Broome Park Hotel Ltd

Financial Statements

Period from 20 April 2024 to 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Broome Park Hotel Ltd

Statement of Financial Position

31 March 2025

	31 Mar 25
Note	£

Fixed assets

Tangible assets	6	35,996

Current assets

Stocks		28,403
Debtors	7	180,381
Cash at bank and in hand		55,320
		---------
		264,104

Creditors: amounts falling due within one year	8	868,200
		---------
Net current liabilities		604,096
		---------
Total assets less current liabilities		( 568,100)
		---------
Net liabilities		( 568,100)
		---------

Capital and reserves

Called up share capital	1,000
Profit and loss account	( 569,100)
	---------
Shareholders deficit	( 568,100)
	---------

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 comprehensive income has not been delivered.

The director acknowledges his 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 13 May 2026 , and are signed on behalf of the board by:

Mr P D Cummins
Director

Company registration number: 15663632

Broome Park Hotel Ltd

Notes to the Financial Statements

Period from 20 April 2024 to 31 March 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 209 The Heights, Northolt, Middlesex, UB5 4BX, 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. The financial statements are prepared in sterling, which is the functional currency of the entity.

Principal trading address

The principal trading address for the company is Broome Park Hotel, Canterbury Road, Canterbury, CT4 6QX

Going concern

The directors have prepared the financial statements on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. In assessing the appropriateness of this basis, the directors have considered the company's financial position, including net liabilities of £568,100 as at 31 March 2025, and its current trading performance, which has resulted in ongoing losses. The results for the period were adversely impacted by historic bookings honoured without full consideration being received, resulting in a shortfall of £250,446, and the business remains sensitive to trading levels in weddings, events and leisure activities. The directors have prepared forecasts covering a period of at least 12 months from the date of approval of these financial statements. These forecasts indicate that, while performance is expected to improve as a result of investment in hotel rooms, increased wedding bookings and growth in golf-related income, the company is expected to continue to require external financial support in the short to medium term. The company is therefore dependent on the continued financial support of related parties under common control to meet its liabilities as they fall due. In addition, the company's forecasts are subject to uncertainty arising from factors outside of the directors' control, including wider economic conditions. In particular, potential inflationary pressures-most notably increases in energy and utility costs which may arise as a result of recent geopolitical developments and could adversely impact the company's cost base and cash flows. These factors may place additional strain on the company's liquidity and its ability to achieve forecast performance. These conditions, together with the uncertainties described above, indicate the existence of a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern. Notwithstanding this uncertainty, the directors have a reasonable expectation that adequate resources will be available, including continued support from related parties, and therefore have adopted the going concern basis in preparing the financial statements. The financial statements do not include the adjustments that would result if the company were unable to continue as a going concern.

Operating lease

The Company occupies its trading premises under a short-term operating lease. The lease commenced on 12 June 2024 for a period of three years. The rent for the first and second years is nominal, with the rent for the third year subject to agreement between the parties. At the balance sheet date, the Company had no material non-cancellable operating lease commitments.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

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.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

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.

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:

	Fixtures and fittings	-	20% 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.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 85 .

5. Intangible assets

	Goodwill
	£
Cost
Additions	27,522
	--------
At 31 March 2025	27,522
	--------
Amortisation
Charge for the period	2,752
Impairment losses	24,770
	--------
At 31 March 2025	27,522
	--------
Carrying amount
At 31 March 2025	–
	--------

6. Tangible assets

	Fixtures and fittings
	£
Cost
At 20 April 2024	–
Additions	44,995
	--------
At 31 March 2025	44,995
	--------
Depreciation
At 20 April 2024	–
Charge for the period	8,999
	--------
At 31 March 2025	8,999
	--------
Carrying amount
At 31 March 2025	35,996
	--------

7. Debtors

	31 Mar 25
	£
Other debtors	180,381
	---------

8. Creditors: amounts falling due within one year

	31 Mar 25
	£
Trade creditors	185,221
Social security and other taxes	68,865
Other creditors	614,114
	---------
	868,200
	---------

9. Summary audit opinion

The auditor's report dated 13/05/2026 was unqualified.

The auditor's report drew attention to note 3 in the financial statements, which indicates that a material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern. The auditor’s opinion is not modified in respect of this matter .

The senior statutory auditor was Daniel Proctor , for and on behalf of Burgess Hodgson Audit Limited .

10. Related party transactions

At the year-end included within trade creditors is an amount owed to the director of £1,254.