ACCOUNTS - Final Accounts

Registered number: 08562553

THAT BOURNEMOUTH H1 LIMITED

ANNUAL REPORT

FOR THE YEAR ENDED 31 JULY 2025

THAT BOURNEMOUTH H1 LIMITED

REGISTERED NUMBER: 08562553

BALANCE SHEET

AS AT 31 JULY 2025

		2025		2024
Note		£		£

Fixed assets
Investments	5		1		1
Current assets
Debtors	6	5,880		4,380
Creditors: amounts falling due within one year	7	(83,071)		(71,825)
Net current liabilities			(77,191)		(67,445)
Net liabilities			(77,190)		(67,444)

Capital and reserves
Called up share capital	8	1	1
Profit and loss account		(77,191)	(67,445)
Shareholders' deficit		(77,190)	(67,444)

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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S A Brown

Director

Date: 29 July 2026

The notes on pages 2 to 5 form part of these financial statements.

Page 1

THAT BOURNEMOUTH H1 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.	Statutory information

That Bournemouth H1 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

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.
The principal accounting policies adopted are set out below.

The following principal accounting policies have been applied:

2.2

Going concern

Although the company has net liabilities at the year-end of £77,190 (2024: £67,444), the company has confirmed support from the majority shareholder and director of the ultimate parent company which has been given for a period of at least twelve months from the date of approval of these financial statements. With this combined support, the directors consider it appropriate for the financial statements to be prepared on a going concern basis.

2.3

Group accounts

The financial statements contain information about That Bournemouth H1 Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, That Bournemouth Company Limited, 18 Albert Road, Bournemouth, England, BH1 1BZ.

2.4

Investment in subsidiaries

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in the profit and loss account.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

2.5

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments’ and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors, balances due from connected companies and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Page 2

THAT BOURNEMOUTH H1 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.Accounting policies (continued)

Basic financial liabilities

Basic financial liabilities, including creditors and loans from connected companies, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

2.6

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

2.7

Current and deferred taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Employees

The average monthly number of employees, including directors, during the year was 4 (2024: 4).

Page 3

THAT BOURNEMOUTH H1 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

5.	Fixed asset investments

		Shares in group undertakings
		£
	Cost
	At 1 August 2024 and 31 July 2025	1

	Net book value
	At 31 July 2025	1
	At 31 July 2024	1

Subsidiary undertaking
The following was a subsidiary undertaking of the company:
Name	Registered office	Nature of business	Class of shares	Holding

That Bournemouth H2 Limited

18 Albert Road, Bournemouth, BH1 1BZ

Borrower under Senior Commercial Facility

Ordinary

100%

Debtors

					2025	2024
					£	£

	Other debtors	5,880	4,380

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	1,110	-
Amounts owed to group undertakings	75,552	65,416
Other creditors	6,409	6,409
	83,071	71,825

Page 4

THAT BOURNEMOUTH H1 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024: 100) Ordinary shares of £0.01 each	1	1

9.	Parent company

The company's ultimate parent company is That Bournemouth Company Limited, a company incorporated in England and Wales.
The registered address of That Bournemouth Company Limited is 18 Albert Road, Bournemouth, England, BH1 1BZ. Copies of the consolidated financial statements can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.
The ultimate controlling party is R S Kelvin CBE, director and majority shareholder of the ultimate parent company.

10.	Related party transactions

The company has taken advantage of the exemption available in FRS 102 from the requirement to disclose transactions with the group companies.

11.	Financial commitments, guarantees and contingent liabilities

HSBC Bank PLC have a fixed charge, dated 4 January 2019, over the shares held in a subsidiary company, That Bournemouth H2 Limited.
The company is a member of a VAT group and is jointly and severally liable for the VAT liabilities of all other members of the group. At the reporting date, the company has confirmed that all VAT liabilities have been paid as they fall due, and the directors consider the likelihood of the company being required to settle the liabilities of other group members to be feasible but not probable. As such, no provision has been recognised. Due to the nature of the arrangement, it is not practicable to quantify the potential financial effect.

12.	Auditor's information

The auditor's report on the financial statements for the year ended 31 July 2025 was unqualified.

The audit report was signed on 29 July 2026 by James Maxwell (Senior statutory auditor) on behalf of Cooper Parry Group Limited.

Page 5