Ethos Hotels Limited 31/12/2025 iXBRL

Ethos Hotels Limited

Filleted accounts

31 December 2025

Company registration number: 06395520

Ethos Hotels Limited

Directors and other information


	Director	S N Walshaw


	Company number	06395520


	Registered office	59 Western Road
		Grandpont
		Oxford
		OX1 4LP


	Accountants	Cox Hinkins & Co. Limited
		Accountants and Taxation Advisors
		The Old Dairy
		12 Stephen Road
		Headington
		Oxford
		OX3 9AY

Ethos Hotels Limited

Balance sheet

31st December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	318,148		234,376
		_______		_______
			318,148		234,376

Current assets
Stocks		10,200		9,400
Debtors	6	45,005		271,441
Cash at bank and in hand		100		100
		_______		_______
		55,305		280,941
Creditors: amounts falling due
within one year	7	( 442,198)		( 216,066)
		_______		_______
Net current (liabilities)/assets			( 386,893)		64,875
			_______		_______
Total assets less current liabilities			( 68,745)		299,251

Creditors: amounts falling due
after more than one year	8		( 21,538)		( 363,967)
			_______		_______
Net liabilities			( 90,283)		( 64,716)
			_______		_______

Capital and reserves
Called up share capital	9		2		2
Profit and loss account			( 90,285)		( 64,718)
			_______		_______
Shareholders deficit			( 90,283)		( 64,716)
			_______		_______

For the year ending 31 December 2025 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 financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the Profit & loss account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 26 August 2026 , and are signed on behalf of the board by:

S N Walshaw

Director

Company registration number: 06395520

Ethos Hotels Limited

Notes to the financial statements

Year ended 31st December 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 59 Western Road, Grandpont, Oxford, OX1 4LP. There was no significant change in the company's principal activity during the year which continued to be that of hotel management .

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The principal accounting policies are set out below. The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

At 31st December 2025 the company had a deficiency of assets amounting to £90,283 (2024: £64,716) after taking into consideration a loan from the director of £258,923 (2024: £nil). The company is reliant upon the financial support of its director who has indicated that these will be continued for at least a further 12 months from the date of approval of these accounts. In light of this continued support, the financial statements have been prepared on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. 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 capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses in excess of other timing differences are not recognised as it is uncertain when they will be recovered against future taxable profits.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:


Leasehold property	-	Straight line basis over between 12 and 25 years
Fixtures & fittings	-	Straight line basis over 10 years
Office equipment	-	Straight line basis over 3 years

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition. Cost is calculated using the first in, first out formula. Provision is made for damaged, obsolete and slow moving stock where appropriate.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractualarrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 13 (2024: 14 ).

5. Tangible assets

	Long leasehold property	Short leasehold property	Fixtures, fittings and equipment	Total
	£	£	£	£
Cost
At 1st January 2025	184,439	110,595	113,627	408,661
Additions	55,770	47,362	10,911	114,043
	_______	_______	_______	_______
At 31st December 2025	240,209	157,957	124,538	522,704
	_______	_______	_______	_______
Depreciation
At 1st January 2025	39,245	62,885	72,155	174,285
Charge for the year	9,451	11,867	8,953	30,271
	_______	_______	_______	_______
At 31st December 2025	48,696	74,752	81,108	204,556
	_______	_______	_______	_______
Carrying amount
At 31st December 2025	191,513	83,205	43,430	318,148
	_______	_______	_______	_______
At 31st December 2024	145,194	47,710	41,472	234,376
	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	-	1,000
Other debtors	45,005	270,441
	_______	_______
	45,005	271,441
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	13,192	81,401
Trade creditors	9,333	5,849
Social security and other taxes	27,570	20,901
Other creditors	392,103	107,915
	_______	_______
	442,198	216,066
	_______	_______

Bank loans and overdraft include £13,192 (2024: £10,837) which are secured on the company's assets.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans	21,538	363,967
	_______	_______

Bank loans include £21,538 (2024: £26,923) which are secured on the company's assets.

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	2	2	2	2
	_______	_______	_______	_______

10. Directors advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	Balance brought forward	Advances /(credits) to the director	Amounts repaid	Amounts written off	Amounts waived	Balance o/standing
	£	£	£	£	£	£
S N Walshaw	241,077	-	( 241,077)	-	-	-
	_______	_______	_______	_______	_______	_______

11. Controlling party

The company is under the control of Ethospitality Ltd, a non-trading holding company incorporated in England and Wales, which owns 100% of the issued share capital.