Registration number: 11330746

The Guest House ( Torquay) Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

The Guest House ( Torquay) Ltd

Company Information

Director

Mrs Maria Eremberta Broncano Rodriguez

Registered office

54 Bampfylde Road Torquay Devon TQ2 5AY

Accountants

Neil Wilson & Co Bank Chambers 260-262 Union Street Torquay Devon TQ2 5QU

The Guest House ( Torquay) Ltd

(Registration number: 11330746)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	480	640
Tangible assets	5	376,757	375,256
		377,237	375,896
Current assets
Debtors	6	1,195	1,961
Cash at bank and in hand		10	10
		1,205	1,971
Creditors: Amounts falling due within one year	7	(471,171)	(292,548)
Net current liabilities		(469,966)	(290,577)
Total assets less current liabilities		(92,729)	85,319
Creditors: Amounts falling due after more than one year	7	(5,612)	(190,707)
Net liabilities		(98,341)	(105,388)
Capital and reserves
Called up share capital	8	100	100
Retained earnings		(98,441)	(105,488)
Shareholders' deficit		(98,341)	(105,388)

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 June 2026
 

......................................... Mrs Maria Eremberta Broncano Rodriguez Director

The Guest House ( Torquay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
54 Bampfylde Road
Torquay
Devon
TQ2 5AY

These financial statements were authorised for issue by the director on 25 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% reducing balance basis

The Guest House ( Torquay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

The Guest House ( Torquay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

The Guest House ( Torquay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2025	2,000	2,000
At 31 March 2026	2,000	2,000
Amortisation
At 1 April 2025	1,360	1,360
Amortisation charge	160	160
At 31 March 2026	1,520	1,520
Carrying amount
At 31 March 2026	480	480
At 31 March 2025	640	640

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2025	371,731	23,011	394,742
Additions	-	3,176	3,176
At 31 March 2026	371,731	26,187	397,918
Depreciation
At 1 April 2025	-	19,486	19,486
Charge for the year	-	1,675	1,675
At 31 March 2026	-	21,161	21,161
Carrying amount
At 31 March 2026	371,731	5,026	376,757
At 31 March 2025	371,731	3,525	375,256

Included within the net book value of land and buildings above is £371,731 (2025 - £371,731) in respect of freehold land and buildings.
 

The Guest House ( Torquay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6

Debtors

Current	2026 £	2025 £
Prepayments	1,195	1,195
Other debtors	-	766
	1,195	1,961

The Guest House ( Torquay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	5,722	15,546
Accruals and deferred income		950	1,095
Other creditors		464,499	275,907
		471,171	292,548

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	5,612	190,707

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	5,612	190,707

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	3,682	5,749
Bank overdrafts	2,040	9,797
	5,722	15,546

The Guest House ( Torquay) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

10	Related party transactions

Transactions with the director

2026	At 1 April 2025 £	Other payments made to company by director £	At 31 March 2026 £
Mrs Maria Eremberta Broncano Rodriguez
Director loan	(275,907)	(188,592)	(464,499)

2025	At 1 April 2024 £	Other payments made to company by director £	At 31 March 2025 £
Mrs Maria Eremberta Broncano Rodriguez
Director loan	(246,617)	(29,290)	(275,907)

Director's remuneration

The director's remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	6,400	6,400