Registration number: 05620887

The Vincent Hotel Southport Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

The Vincent Hotel Southport Ltd

Company Information

Director

Paul Vincent Adams

Registered office

98 Lord Street Southport PR8 1JR

Accountants

Williams & Co Accountants Suite G10 3 Southport Business Park Wight Moss Way Southport PR8 4HQ

The Vincent Hotel Southport Ltd

(Registration number: 05620887)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	118,362	190,154
Current assets
Stocks	5	36,789	37,650
Debtors	6	135,381	175,131
Cash at bank and in hand		300,367	91,406
		472,537	304,187
Creditors: Amounts falling due within one year	7	(659,294)	(3,189,334)
Net current liabilities		(186,757)	(2,885,147)
Net liabilities		(68,395)	(2,694,993)
Capital and reserves
Called up share capital	8	100	100
Retained earnings		(68,495)	(2,695,093)
Shareholders' deficit		(68,395)	(2,694,993)

The Vincent Hotel Southport Ltd

(Registration number: 05620887)
Balance Sheet as at 31 December 2025

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges their 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 14 September 2026
 

......................................... Paul Vincent Adams Director

The Vincent Hotel Southport Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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:
98 Lord Street
Southport
PR8 1JR

These financial statements were authorised for issue by the director on 14 September 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.

Going concern

At the time of preparing these financial statements the director has a reasonable expectation that the company has adequate resources ot enable it to continue its operations for the foreseeable future. The director has adopted the going concern basis in preparing these financial statements.

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.

The Vincent Hotel Southport Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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
Plant and machinery	10% straight line
Office equipment	10% straight line
Furniture and fittings	10% straight line

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

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.

The Vincent Hotel Southport Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 49 (2024 - 49).

The Vincent Hotel Southport Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2025	586,849	131,069	717,918
At 31 December 2025	586,849	131,069	717,918
Depreciation
At 1 January 2025	419,578	108,186	527,764
Charge for the year	58,685	13,107	71,792
At 31 December 2025	478,263	121,293	599,556
Carrying amount
At 31 December 2025	108,586	9,776	118,362
At 31 December 2024	167,271	22,883	190,154

5

Stocks

	2025 £	2024 £
Raw materials and consumables	36,789	37,650

6

Debtors

Current	2025 £	2024 £
Trade debtors	59,480	106,418
Prepayments	53,203	51,205
Other debtors	22,698	17,508
	135,381	175,131

The Vincent Hotel Southport Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
trade creditors		216,229	285,893
Amounts owed to parent undertaking	11	-	2,649,156
Taxation and social security		264,375	71,818
Other creditors		178,690	182,467
		659,294	3,189,334

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

The Vincent Hotel Southport Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	440,000	440,000

The amount of non-cancellable operating lease payments recognised as an expense during the year was £440,000 (2024 - £440,000).

10	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £2,600,000 (2024 - £1,526,872). The company has provided a fixed and floating charge over all property and assets to Together Commercial Finance Limited in respect of liabilities of its parent undertaking, The Vincent Hotel Limited. The company's director, Mr PV Adams, has given a personal guarantee in respect of this loan

11	Related party transactions

The company is a wholly owned subsidiary of The Vincent Hotel Limited which holds 100% of its share capital, the parent company is controlled by Mr PV Adams who holds 100% of its share capital.