REGISTERED NUMBER: 06838338 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

COBDEN HOTEL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G S Pahal

Dr S S Mann

H S Palak

R S Pahal

SECRETARY:

G S Pahal

REGISTERED OFFICE:

Harpal House

14 Holyhead Road

Handsworth

Birmingham

West Midlands

B21 0LT

REGISTERED NUMBER:

06838338 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,100,699

3,955,438

4,100,699

3,955,438

CURRENT ASSETS

Stocks

6

1,156

1,328

Debtors

7

474,561

323,106

Cash at bank and in hand

2,043,462

1,560,841

2,519,179

1,885,275

CREDITORS

Amounts falling due within one year

8

723,315

506,293

NET CURRENT ASSETS

1,795,864

1,378,982

TOTAL ASSETS LESS CURRENT LIABILITIES

5,896,563

5,334,420

CREDITORS

Amounts falling due after more than one year

9

-

(3,334

)

PROVISIONS FOR LIABILITIES

12

(125,943

)

(64,571

)

NET ASSETS

5,770,620

5,266,515

CAPITAL AND RESERVES

Called up share capital

13

250,000

250,000

Retained earnings

14

5,520,620

5,016,515

SHAREHOLDERS' FUNDS

5,770,620

5,266,515

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 14 April 2026 and were signed on its behalf by:

R S Pahal - Director

1.	STATUTORY INFORMATION

Cobden Hotel 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Improvements to property

-

2% on cost

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

220,000

AMORTISATION

At 1 June 2024

and 31 May 2025

220,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

property

property

fittings

£

£

£

COST

At 1 June 2024

4,132,782

745,659

859,169

Additions

-

-

299,206

At 31 May 2025

4,132,782

745,659

1,158,375

DEPRECIATION

At 1 June 2024

1,074,523

121,514

598,891

Charge for year

82,656

14,913

53,616

At 31 May 2025

1,157,179

136,427

652,507

NET BOOK VALUE

At 31 May 2025

2,975,603

609,232

505,868

At 31 May 2024

3,058,259

624,145

260,278

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2024

21,447

38,951

5,798,008

Additions

-

-

299,206

At 31 May 2025

21,447

38,951

6,097,214

DEPRECIATION

At 1 June 2024

10,466

37,176

1,842,570

Charge for year

2,196

564

153,945

At 31 May 2025

12,662

37,740

1,996,515

NET BOOK VALUE

At 31 May 2025

8,785

1,211

4,100,699

At 31 May 2024

10,981

1,775

3,955,438

6.

STOCKS

31/5/25

31/5/24

£

£

Stocks

1,156

1,328

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Trade debtors

391,550

263,857

Prepayments

83,011

59,249

474,561

323,106

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Bank loans and overdrafts (see note 10)

2,266

5,641

Hire purchase contracts

3,334

4,000

Trade creditors

98,044

53,288

Tax

422,520

349,678

Social security and other taxes

8,473

9,950

VAT

142,892

15,470

Other creditors

1,633

8,769

Pension A/c - NEST

2,043

2,717

Directors' current accounts

26,273

26,273

Accrued expenses

15,837

30,507

723,315

506,293

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/5/25

31/5/24

£

£

Hire purchase contracts

-

3,334

10.

LOANS

An analysis of the maturity of loans is given below:

31/5/25

31/5/24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

2,266

5,641

11.	SECURED DEBTS

The following secured debts are included within creditors:

31/5/25

31/5/24

£

£

Hire purchase contracts

3,334

7,334

12.	PROVISIONS FOR LIABILITIES

31/5/25

31/5/24

£

£

Deferred tax

125,943

64,571

Deferred

tax

£

Balance at 1 June 2024

64,571

Provided during year

61,372

Capital Allowances

Balance at 31 May 2025

125,943

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/25

31/5/24

value:

£

£

250,000

Ordinary

£1

250,000

250,000

14.

RESERVES

Retained

earnings

£

At 1 June 2024

5,016,515

Profit for the year

1,354,105

Dividends

(850,000

)

At 31 May 2025

5,520,620

15.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andeep Kumar Mangal B.A. (Hons) F.C.A. (Senior Statutory Auditor)

for and on behalf of Thapers Limited

16.	ULTIMATE CONTROLLING PARTY

The company is under the control of the directors, by virtue of their shareholdings along with their family members.