BrightAccountsProduction v1.0.0 v1.0.0 2024-10-01 The company was not dormant during the period The company was trading for the entire period The principal activity of the company is that of a licensed trade. 16 March 2026 2 2 NI038328 2025-09-30 NI038328 2024-09-30 NI038328 2023-09-30 NI038328 2024-10-01 2025-09-30 NI038328 2023-10-01 2024-09-30 NI038328 uk-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 NI038328 uk-curr:PoundSterling 2024-10-01 2025-09-30 NI038328 uk-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 NI038328 uk-bus:FullAccounts 2024-10-01 2025-09-30 NI038328 uk-bus:CompanySecretaryDirector1 2024-10-01 2025-09-30 NI038328 uk-bus:Director2 2024-10-01 2025-09-30 NI038328 uk-bus:CompanySecretary1 2024-10-01 2025-09-30 NI038328 uk-bus:RegisteredOffice 2024-10-01 2025-09-30 NI038328 uk-bus:Agent1 2024-10-01 2025-09-30 NI038328 uk-bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 NI038328 uk-core:ShareCapital 2025-09-30 NI038328 uk-core:ShareCapital 2024-09-30 NI038328 uk-core:RetainedEarningsAccumulatedLosses 2025-09-30 NI038328 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 NI038328 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-09-30 NI038328 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-09-30 NI038328 uk-bus:FRS102 2024-10-01 2025-09-30 NI038328 uk-core:CurrentFinancialInstruments 2025-09-30 NI038328 uk-core:CurrentFinancialInstruments 2024-09-30 NI038328 uk-core:WithinOneYear 2025-09-30 NI038328 uk-core:WithinOneYear 2024-09-30 NI038328 2024-10-01 2025-09-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI038328
 
 
Chester Park Inns Limited
 
Unaudited Financial Statements
 
for the financial year ended 30 September 2025



Chester Park Inns Limited
DIRECTORS AND OTHER INFORMATION

 
Directors Eamon Diamond
Eileen Diamond
 
 
Company Secretary Eamon Diamond
 
 
Company Registration Number NI038328
 
 
Registered Office and Business Address 21 Howard Street
Belfast
BT1 6NB
 
 
Accountants Quarter
Chartered Accountants
St Anne's House
15 Church Street
Belfast
BT1 1PG
 
 
Bankers Bank of Ireland
  1 Donegal Square
  BT1 5LR
 
   
Solicitors Davidson McDonnell Solicitors
  24 Waring Street
  Belfast
  BT1 2DX



Chester Park Inns Limited

CHARTERED ACCOUNTANTS REPORT
to the Board of Directors on the Compilation of the unaudited financial statements of Chester Park Inns Limited
for the financial year ended 30 September 2025
 
In accordance with our engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 30 September 2025 as set out on pages  to  which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the Board of Directors of Chester Park Inns Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Institute of Chartered Accountants in Ireland and have complied with the relevant ethical guidance laid down by Institute of Chartered Accountants in Ireland relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Statement of Financial Position for the year ended 30 September 2025 your duty to ensure that Chester Park Inns Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Chester Park Inns Limited. You consider that Chester Park Inns Limited is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of Chester Park Inns Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
__________________________________
QUARTER
Chartered Accountants
St Anne's House
15 Church Street
Belfast
BT1 1PG
 
16 March 2026



Chester Park Inns Limited
Company Registration Number: NI038328
STATEMENT OF FINANCIAL POSITION
as at 30 September 2025

2025 2024
Notes £ £
 
Current Assets
Debtors 4 952,742 1,023,473
Cash at bank and in hand 1,367 636
───────── ─────────
954,109 1,024,109
───────── ─────────
Creditors: amounts falling due within one year 5 (636,237) (704,084)
───────── ─────────
Net Current Assets 317,872 320,025
───────── ─────────
Total Assets less Current Liabilities 317,872 320,025
═════════ ═════════
 
Equity
Called up share capital 2 2
Retained earnings 317,870 320,023
───────── ─────────
Equity attributable to owners of the company 317,872 320,025
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.
           
For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 16 March 2026 and signed on its behalf by
           
           
________________________________          
Eamon Diamond          
Director          
           



Chester Park Inns Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 September 2025

   
1. General Information
 
Chester Park Inns Limited is a company limited by shares incorporated in Northern Ireland. The registered office of the company is 21 Howard Street, Belfast, BT1 6NB .The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 September 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Trade and other receivables
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other payables
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 2, (2024 - 2).
 
  2025 2024
  Number Number
 
All 2 2
  ═════════ ═════════
       
4. Debtors 2025 2024
  £ £
 
Amounts owed by connected parties (Note 7) 952,742 999,450
Taxation  (Note 6) - 1,699
Prepayments and accrued income - 22,324
  ───────── ─────────
  952,742 1,023,473
  ═════════ ═════════
       
5. Creditors 2025 2024
Amounts falling due within one year £ £
 
Amounts owed to connected parties (Note 7) 612,244 560,091
Taxation  (Note 6) 23,993 23,993
Accruals - 120,000
  ───────── ─────────
  636,237 704,084
  ═════════ ═════════
 

There are currently two registered charges;

The Government and Company of Bank of Ireland have an outstanding charge from 17 February 2006. This debenture includes a mortgage over all the company's freehold and leasehold lands, hereditaments, premises, property and all chattels both present and future, including without prejudice to the generality of the foregoing, the company's property and title to whcih is not registered or registerable in the land registry.

The Government and Company of Bank of Ireland have an outstanding assignment of life policy. The policy was agreed on 11th January 2011 for £1,500,000.00 with Axa Sun Life PLC.
       
6. Taxation 2025 2024
  £ £
 
Debtors:
VAT - 1,699
  ═════════ ═════════
Creditors:
Corporation tax 50 50
PAYE / NI 23,943 23,943
  ───────── ─────────
  23,993 23,993
  ═════════ ═════════
           
7. Related party transactions
  Balance Movement Balance Maximum
  2025 in year 2024 in year
  £ £ £ £
 
Bangor Marine Court Hotel Ltd 952,742 (46,708) 999,450 999,450
  ───────── ───────── ───────── ═════════
 
The following amounts are due to other connected parties:
      2025 2024
      £ £
 
Braidview Trading Ltd     612,244 560,091
      ═════════ ═════════
 
Net balances with other connected parties:
      2025 2024
      £ £
 
Bangor Marine Court Hotel Ltd     952,742 999,450
Braidview Trading Ltd     (612,244) (560,091)
      ───────── ─────────
      340,498 439,359
      ═════════ ═════════
 

Bangor Marine Court Hotel Ltd

Eamon and Eileen Diamond are shareholders and directors of Chester Park Inns Limited and Bangor Marine Court Hotel Ltd. At the 1st of October 2024 Bangor Marine Court Hotel Ltd owed Chester Park Inns Ltd £999,450 . Net transfers between the entities totalled £46,708 in the year leaving a closing debtor balance of £952,742 at 30th September 2025.

Braidview Trading Limited

Eamon and Eileen Diamond are shareholders and directors of Chester Park Inns Limited and Braidview Trading Ltd. At the 1st of October 2024 Chester Park Inns Ltd owed Braidview Trading Ltd £560,091. Net transfers between the two entities totalled £52,153 leaving a closing creditor balance of £612,244 at 30th September 2025.
   
8. Events After the End of the Reporting Period
 
There were no significant events after the year-end.