REGISTERED NUMBER: 04714502 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Cool Inn Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Tajinderpal S Obhrai

Deepinder S Obhrai

REGISTERED OFFICE:

173 Cleveland Street

London

W1T 6QR

REGISTERED NUMBER:

04714502 (England and Wales)

ACCOUNTANTS:

Shah Dodhia & Co

173 Cleveland Street

London

W1T 6QR

FIXED ASSETS

Investments

5

4,867,112

6,260,273

CURRENT ASSETS

Debtors

6

56,537

103,701

NET CURRENT ASSETS

56,537

103,701

TOTAL ASSETS LESS CURRENT LIABILITIES

4,923,649

6,363,974

CREDITORS

Amounts falling due after more than one year

7

422,250

2,959,469

NET ASSETS

4,501,399

3,404,505

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

1,352,862

2,746,023

Retained earnings

3,148,437

658,382

4,501,399

3,404,505

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 by the Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by:

Tajinderpal S Obhrai - Director

1.	STATUTORY INFORMATION

Cool Inn 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.

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 preparing the financial statements

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 functional currency of the entity.

Investments in subsidiaries

Investments in subsidiary company by the parent company are stated at the net asset values of the subsidiary companies, which is considered to be their fair values, unless the net asset value is negative, in which case the investment's carrying value is considered to be nil. Differences between the net asset value and historical cost are recognised in other comprehensive income (OCI), with net revaluation gains recognised in OCI and net revaluation losses in profit and loss to the extent that these are not reversals of previous revaluation gain.

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 balance sheet date.

Consolidation

In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

Going concern

The directors have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the company to continue as a going concern. On the basis of their assessment of the company's financial position, the directors have a reasonable expectation that the company will be able to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 September 2024

6,260,273

Revaluations

(1,393,161

)

At 31 August 2025

4,867,112

NET BOOK VALUE

At 31 August 2025

4,867,112

At 31 August 2024

6,260,273

Cost or valuation at 31 August 2025 is represented by:

Shares in

group

undertakings

£

Valuation in 2025

(1,393,161

)

Cost

6,260,273

4,867,112

The company owns 100% of the issued share capital of Atlantic Hotels (Chelmsford) Ltd, a company incorporated in England and Wales, which owns and operates a hotel within the United Kingdom.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

44,393

Other debtors

56,537

59,308

56,537

103,701

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

422,250

2,959,469

Amounts owed to group undertakings bear interest at 7.64% per annum (2024: 8.79% per annum).

8.

RESERVES

Revaluation

reserve

£

At 1 September 2024

2,746,023

Movement in the year

(1,393,161

)

At 31 August 2025

1,352,862

9.	CONTINGENT LIABILITIES

The company has given an unlimited guarantee in respect of the bank borrowings of certain group undertakings. This is in addition to a first legal charge and debenture, over the subsidiary's land and buildings. At the balance sheet date, the bank borrowing outstanding of the group undertaking was £0.5m (2024: £2.2m).

10.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Baobao Limited, a company registered in England and Wales. Its ultimate parent undertaking is Sycamore Limited, a company registered in Isle of Man.