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REGISTERED NUMBER: 09558943 (England and Wales)

Unaudited Financial Statements For The Year Ended 15 March 2025

for

The Hotel Co. Project Limited

| The Hotel Co. Project Limited (Registered number: 09558943) |

Contents of the Financial Statements

For The Year Ended 15 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| The Hotel Co. Project Limited |

Company Information

For The Year Ended 15 March 2025

| DIRECTORS: | K R Bredenbeck

| N J Hartwright

| T G Sawers

| REGISTERED OFFICE: | 13-27 Station Road

| London

| N22 6UW

| REGISTERED NUMBER: | 09558943 (England and Wales)

| ACCOUNTANTS: | Fuller Spurling

| Mill House

| 58 Guildford Street

| Chertsey

| Surrey

| KT16 9BE

| The Hotel Co. Project Limited (Registered number: 09558943) |

Balance Sheet

15 March 2025

| 15.3.25 | 15.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 47,516 |  | 93,609 |  |

CURRENT ASSETS

Debtors | 5 | 98,715 |  | 101,056 |  |

Cash at bank and in hand | 11,646 |  | 5,205 |  |

110,361 |  | 106,261 |  |

CREDITORS

Amounts falling due within one year | 6 | 208,110 |  | 192,716 |  |

NET CURRENT LIABILITIES | (97,749 | ) | (86,455 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (50,233 | ) | 7,154 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 297,651 |  | 309,091 |  |

NET LIABILITIES | (347,884 | ) | (301,937 | ) |

RESERVES

Income and expenditure account | (347,884 | ) | (301,937 | ) |

(347,884 | ) | (301,937 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 15 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 15 March 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 surplus or deficit 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 Hotel Co. Project Limited (Registered number: 09558943) |

Balance Sheet - continued

15 March 2025

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 3 June 2026 and were signed on its behalf by:

N J Hartwright - Director

| The Hotel Co. Project Limited (Registered number: 09558943) |

Notes to the Financial Statements

For The Year Ended 15 March 2025

1. | STATUTORY INFORMATION

| The Hotel Co. Project Limited is a private company, limited by guarantee , 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.

| The financial statements are prepared under the going concern basis, relying on the continued support of the company's directors and loan creditors.

| 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 | - | in accordance with the lease term

| Furniture & fittings | - | 25% on cost

| Depreciation will commence in the period when the assets are brought into use.

| Hire purchase and leasing commitments

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

| The total rentals payable over the term of each lease is charged evenly to the income statement so that there are no rent free periods if granted by a landlord for cash flow purposes.

| 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.

| The Hotel Co. Project Limited (Registered number: 09558943) |

Notes to the Financial Statements - continued

For The Year Ended 15 March 2025

2. | ACCOUNTING POLICIES - continued

| Debtors

| Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

| Cash at bank and in hand

| Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

| Creditors

| Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

| Interest bearing borrowings

| Loans received are stated at the initial amount received. Interest is accrued up to the end of the accounting period where not yet paid. Costs of raising finance are recognised in the profit and loss account in the period in which they are incurred.

| Taxation

| Taxation represents the sum of tax currently payable, and deferred tax if material.

| The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

| Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

| Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 10 ) .

| The Hotel Co. Project Limited (Registered number: 09558943) |

Notes to the Financial Statements - continued

For The Year Ended 15 March 2025

4. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Furniture |

| property |  | & fittings |  | Totals

£ | £ | £ |

| COST

| At 16 March 2024

| and 15 March 2025 | 438,072 |  | 105,223 |  | 543,295 |  |

| DEPRECIATION

| At 16 March 2024 | 346,749 |  | 102,937 |  | 449,686 |  |

| Charge for year | 43,807 |  | 2,286 |  | 46,093 |  |

| At 15 March 2025 | 390,556 |  | 105,223 |  | 495,779 |  |

| NET BOOK VALUE

| At 15 March 2025 | 47,516 |  | - |  | 47,516 |  |

| At 15 March 2024 | 91,323 |  | 2,286 |  | 93,609 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 15.3.25 |  | 15.3.24

£ | £ |

| Trade debtors | 10,434 |  | 30,820 |  |

| Other debtors | 87,781 |  | 70,236 |  |

| Directors' current accounts | 500 |  | - |  |

98,715 |  | 101,056 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 15.3.25 |  | 15.3.24

£ | £ |

| Bank loans and overdrafts | 10,440 |  | 10,183 |  |

| Trade creditors | 18,820 |  | 18,015 |  |

| Corporation tax | 26,039 |  | 23,587 |  |

| Social security and other taxes | 15,678 |  | 3,893 |  |

| VAT | 9,739 |  | 10,659 |  |

| Other creditors | 1,162 |  | 1,287 |  |

| Income in advance | 11,877 |  | 10,552 |  |

| Directors' current accounts | 87,310 |  | 87,310 |  |

| Accrued expenses | 27,045 |  | 27,230 |  |

208,110 |  | 192,716 |  |

| The Hotel Co. Project Limited (Registered number: 09558943) |

Notes to the Financial Statements - continued

For The Year Ended 15 March 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 15.3.25 |  | 15.3.24

£ | £ |

| Bank loans | 2,651 |  | 13,091 |  |

| Other loans | 255,000 |  | 255,000 |  |

| Directors' loan accounts | 40,000 |  | 41,000 |  |

297,651 |  | 309,091 |  |

8. | OTHER FINANCIAL COMMITMENTS

| At 15th March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £3,250 (2024: £42,250)

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the year ended 15 March 2025 and the period ended 15 March 2024:

| 15.3.25 |  | 15.3.24

£ | £ |

| N J Hartwright

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 500 |  | - |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 500 |  | - |  |