REGISTERED NUMBER: 04051741 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

PARK AVENUE HOTEL (STAMFORD HILL)

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J Fekete

S Weinstock

SECRETARY:

S Weinstock

REGISTERED OFFICE:

146 Clapton Common

London

E5 9AG

REGISTERED NUMBER:

04051741 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

5

1,039,586

1,047,739

CURRENT ASSETS

Debtors

6

953,497

633,410

Cash and cash equivalents

154,666

47,853

1,108,163

681,263

CREDITORS

Amounts falling due within one year

7

(978,687

)

(901,950

)

NET CURRENT ASSETS/(LIABILITIES)

129,476

(220,687

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,169,062

827,052

CREDITORS

Amounts falling due after more than one year

8

27,431

32,884

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

11

1,141,630

794,167

SHAREHOLDERS' FUNDS

1,141,631

794,168

1,169,062

827,052

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

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

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 and authorized for issue by the Board of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by:

J Fekete - Director

S Weinstock - Director

1.	STATUTORY INFORMATION

Park Avenue Hotel (Stamford Hill) 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.	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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

not provided

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 6 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

993,376

52,449

109,789

1,987

1,157,601

DEPRECIATION

At 1 September 2024

-

35,517

73,080

1,265

109,862

Charge for year

-

2,539

5,505

109

8,153

At 31 August 2025

-

38,056

78,585

1,374

118,015

NET BOOK VALUE

At 31 August 2025

993,376

14,393

31,204

613

1,039,586

At 31 August 2024

993,376

16,932

36,709

722

1,047,739

Improvements to leasehold property have not been depreciated. Directors are of the opinion that since the leasehold property has been maintained continuously to an adequate standard, depreciation does not reflect the true state of affairs.

The directors have concluded that the financial statements give a true and fair view of the entity’s financial position and performance. The company has complied with all other requirement of FRS 102 section 1A except for the departure mentioned above.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

20,087

-

Other debtors

933,410

633,410

953,497

633,410

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

-

14,834

Taxation and social security

164,740

87,568

Other creditors

813,947

799,548

978,687

901,950

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Other creditors

27,431

32,884

Other creditor includes Bounceback loan of £27,431 [2024 - £32,884]. The loan is unsecured and guaranteed by HM Government.

9.

LOANS

An analysis of the maturity of loans is given below:

31.8.25

31.8.24

£

£

Amounts falling due between two and five years:

Other loans - 2-5 years

27,431

32,884

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

1

Ordinary

£1

1

1

11.

RESERVES

Retained

earnings

£

At 1 September 2024

794,167

Profit for the year

347,463

At 31 August 2025

1,141,630