REGISTERED NUMBER: 03625181 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Lexham Hotel Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C A Reaney

Mr K M Reaney

SECRETARY:

Mr K M Reaney

REGISTERED OFFICE:

12/14 Banks Street

Blackpool

Lancashire

FY1 1RN

REGISTERED NUMBER:

03625181 (England and Wales)

ACCOUNTANTS:

CCW Limited

Chartered Accountants

295/297 Church Street

Blackpool

Lancashire

FY1 3PJ

FIXED ASSETS

Intangible assets

4

1,300

2,600

Tangible assets

5

117,012

119,807

118,312

122,407

CURRENT ASSETS

Stocks

500

1,000

Debtors

6

1,250

1,311

Cash at bank and in hand

3,239

2,422

4,989

4,733

CREDITORS

Amounts falling due within one year

7

53,585

51,527

NET CURRENT LIABILITIES

(48,596

)

(46,794

)

TOTAL ASSETS LESS CURRENT LIABILITIES

69,716

75,613

CREDITORS

Amounts falling due after more than one year

8

-

(1,800

)

PROVISIONS FOR LIABILITIES

(2,652

)

(2,708

)

NET ASSETS

67,064

71,105

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

66,064

70,105

67,064

71,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 1 July 2026 and were signed on its behalf by:

Mrs C A Reaney - Director

1.	STATUTORY INFORMATION

Lexham 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 was purchased in 1998 ,however, has not been written off in previous years. The directors feels that from 1st December 2016 Goodwill should be written off over a period of 10 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.

Freehold property

-

2% on cost

Plant and machinery

-

15% 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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

13,000

AMORTISATION

At 1 December 2024

10,400

Amortisation for year

1,300

At 30 November 2025

11,700

NET BOOK VALUE

At 30 November 2025

1,300

At 30 November 2024

2,600

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1 December 2024

125,258

62,227

187,485

Additions

-

2,174

2,174

At 30 November 2025

125,258

64,401

189,659

DEPRECIATION

At 1 December 2024

19,705

47,973

67,678

Charge for year

2,505

2,464

4,969

At 30 November 2025

22,210

50,437

72,647

NET BOOK VALUE

At 30 November 2025

103,048

13,964

117,012

At 30 November 2024

105,553

14,254

119,807

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Prepayments

1,250

1,311

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

1,800

3,600

Tax

35,242

29,450

Other creditors

11,985

12,428

Directors' loan accounts

1,307

2,699

Accrued expenses

3,251

3,350

53,585

51,527

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans - 1-2 years

-

1,800

9.	RELATED PARTY DISCLOSURES

At 30th November 2024 the company owed £11,985 to North Shore Leisure Limited (2024 £12,428). No interest has been charged to the company on the amount which is repayable on demand and classified in creditors due in one year. Mr K M Reaney is a 50% shareholder in both Lexham Hotel Limited and North Shore Leisure Limited.