Pearl Hotel (Gatwick) Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 05562720

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	41,734		31,806
Debtors	5	1,538,227		1,565,641
Cash at bank and in hand		192,239		80,290

		1,772,200		1,677,737
Creditors: Amounts Falling Due Within One Year	6	(1,272,100 )		(1,177,637 )

NET CURRENT ASSETS (LIABILITIES)			500,100		500,100

TOTAL ASSETS LESS CURRENT LIABILITIES			500,100		500,100

NET ASSETS			500,100		500,100

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			500,000		500,000

SHAREHOLDERS' FUNDS			500,100		500,100

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Z H Somani

Director

30 July 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Pearl Hotel (Gatwick) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05562720 . The registered office is Oakwood House Guildford Road, Bucks Green, Horsham, West Sussex, RH12 3JJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises amounts receivable from hotel accommodation, food and beverage sales, conferences, events and other ancillary services, net of value added tax, discounts and promotional allowances.

Revenue from room accommodation is recognised over the guest’s stay as the performance obligation is satisfied. Amounts received in advance are recognised as deferred income and released to turnover when the accommodation is provided.

Revenue from food and beverage sales is recognised when the goods are supplied and control passes to the customer.

Revenue from conference, event and ancillary services is recognised when the services are provided. Where services are delivered over time, revenue is recognised by reference to the stage of completion.

Gift vouchers and similar customer credits are recognised as deferred income on receipt and recognised as turnover when redeemed or when redemption becomes remote.

Turnover is measured at the fair value of the consideration receivable and recognised when it can be measured reliably, it is probable that the associated economic benefits will flow to the company, and the related costs can be measured reliably.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 115 (2024: 113)

4. Stocks

	2025	2024
	£	£
Stocks of finished goods	41,734	31,806

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	128,153	207,882
Amounts owed by group undertakings	1,318,256	1,266,880
Other debtors	91,818	90,879

	1,538,227	1,565,641

Page 2

Page 3

Pearl Hotel (Gatwick) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	317,235	281,709
Other creditors	736,131	671,964
Taxation and social security	218,734	223,964

	1,272,100	1,177,637

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Contingent Liabilities

The Company has provided security for bank loans of £22,785,338 provided to Pearl Hotels Holding Limited. The Company is a 100% subsidiary of Pearl Hotels Holding Limited, the ultimate parent company. The security is provided by a fixed and floating charge over the assets of the Company.

9. Controlling Parties

The immediate and ultimate parent undertaking is Pearl Hotel Holdings Ltd (incorporated in England & Wales). Its registered office is Oakwood House, Guildford Road, Bucks Green, Horsham, West Sussex, RH12 3JJ .

Copies of the group accounts may be obtained from the company's registered office.

The company's ultimate controlling party is Z H Somani by virtue of their interest in the share capital of the ultimate parent company.

10. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

11. Audit Information

The auditor's report on the accounts of Pearl Hotel (Gatwick) Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Mukund Amin (Senior Statutory Auditor) for and on behalf of Affinity Associates Limited , Statutory Auditor.

Affinity Associates Limited

11/12 Hallmark Trading Centre

Fourth Way

Wembley

Middlesex

HA9 0LB

Page 3