REGISTERED NUMBER: 07797538 (England and Wales)

The Lake Palace Hotels & Motels U.K.

Limited

Audited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr L S Mewar

SECRETARY:

REGISTERED OFFICE:

239-241 Kennington Lane

London

SE11 5QU

REGISTERED NUMBER:

07797538 (England and Wales)

SENIOR STATUTORY AUDITOR:

Altan Kemal FCA FCCA

AUDITORS:

Alton & Co

Chartered Accountants

& Statutory Auditors

239-241 Kennington Lane

London

SE11 5QU

FIXED ASSETS

Property, plant and equipment

4

1,752,681

1,801,366

CURRENT ASSETS

Debtors

5

4,384

4,225

Cash at bank

25,801

22,649

30,185

26,874

CREDITORS

Amounts falling due within one year

6

6,818

18,825

NET CURRENT ASSETS

23,367

8,049

TOTAL ASSETS LESS CURRENT LIABILITIES

1,776,048

1,809,415

CAPITAL AND RESERVES

Called up share capital

7

3,660,000

3,575,000

Retained earnings

8

(1,883,952

)

(1,765,585

)

SHAREHOLDERS' FUNDS

1,776,048

1,809,415

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 director and authorised for issue on 1 June 2026 and were signed by:

Mr L S Mewar - Director

1.	STATUTORY INFORMATION

The Lake Palace Hotels & Motels U.K. 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.	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.

Tangible fixed assets

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

Long leasehold

-

2% on cost

Plant and machinery

-

25% on cost

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.

Going concern

The company is dependent on the financial support from the directors and parent company The Lake Palace Hotels and Motels Pvt Limited, Udaipur, India. The directors expect that this support will continue. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of this support.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Long

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

2,434,270

107,225

2,541,495

DEPRECIATION

At 1 April 2025

632,905

107,224

740,129

Charge for year

48,685

-

48,685

At 31 March 2026

681,590

107,224

788,814

NET BOOK VALUE

At 31 March 2026

1,752,680

1

1,752,681

At 31 March 2025

1,801,365

1

1,801,366

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

4,384

4,225

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

28

48

Other creditors

6,790

18,777

6,818

18,825

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2026

2025

value:

£

£

3,660,000

Share capital 1

£1

3,660,000

3,575,000

85,000 Ordinary shares of £1 each were allotted at par during the year.

8.

RESERVES

Retained

earnings

£

At 1 April 2025

(1,765,585

)

Deficit for the year

(118,367

)

At 31 March 2026

(1,883,952

)

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

The Report of the Auditors was unqualified.

Altan Kemal FCA FCCA (Senior Statutory Auditor)

for and on behalf of Alton & Co

10.	RELATED PARTY DISCLOSURES

During the year, the company issued 85,000 ordinary shares of £1 each to the parent company. The outstanding share capital of £85,000 from that issue was fully paid during the year.

11.	ULTIMATE CONTROLLING PARTY

The Lake Palace Hotels and Motels Private Limited (incorporated in India) is the company's parent company.

The ultimate controlling party is the director, Mr L S Mewar.