1.
General Information
Historic Windsor Hotels Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
06382332
. The registered office is Second Floor, Curzon House, 24 High Street, Banstead, Surrey, SM7 2LJ.
The presentation currency of the financial statements is the Pound Sterling (£).
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.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
The directors have also confirmed that they will continue to support the company for at least the next twelve months and have the financial resources to do so.
2.3.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover represents management charges receivable from the company's subsidiaries. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Fixtures & Fittings |
|
Historic Windsor Hotels Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.5.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6.
Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
2.7.
Preparation of consolidated financial statements
The financial statements contain information about Historic Windsor Hotels Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
Historic Windsor Hotels Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4.
Tangible Assets
| Fixtures & Fittings | |
|---|---|
| £ | |
| Cost | |
| As at 1 January 2025 |
|
| Additions |
|
| As at 31 December 2025 |
|
| Depreciation | |
| As at 1 January 2025 |
|
| Provided during the period |
|
| As at 31 December 2025 |
|
| Net Book Value | |
| As at 31 December 2025 |
|
| As at 1 January 2025 |
|
5.
Investments
| Subsidiaries | |
|---|---|
| £ | |
| Cost or Valuation | |
| As at 1 January 2025 |
|
| As at 31 December 2025 |
|
| Provision | |
| As at 1 January 2025 |
|
| As at 31 December 2025 |
|
| Net Book Value | |
| As at 31 December 2025 |
|
| As at 1 January 2025 |
|
Historic Windsor Hotels Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
6.
Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Prepayments and accrued income |
|
|
|
| Social security and other taxes |
|
|
|
| Amounts owed by subsidiaries |
|
|
|
|
|
|
||
7.
Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
|
|
|
| Accruals and deferred income |
|
|
|
| Amounts owed to subsidiaries |
|
|
|
|
|
|
||
8.
Creditors: Amounts Falling Due After More Than One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Directors' loan account |
|
|
|
10.
Related Party Transactions
The company is the parent company of Royal Adelaide Hotel (Windsor) Limited and The Christopher Hotel Eton Limited. During the year under review the company made management charges to Royal Adelaide Hotel (Windsor) Limited of £34,800 (2024: £71,980) and The Christopher Hotel Eton Limited of £23,200 (2024: £46,020).
At the balance sheet date, the amounts outstanding were as follows:
|
2025
|
2024
|
|||
|
Due from
|
Due to
|
Due from
|
Due to
|
|
|
£
|
£
|
£
|
£
|
|
...CONTINUED
Historic Windsor Hotels Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
|
Royal Adelaide Hotel (Windsor) Limited
|
-
|
1,227,304
|
-
|
1,207,691
|
|
The Christopher Hotel Eton Limited
|
192,262
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
-
|
171,499
|
-
|
|
192,262
![image](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
1,227,304
|
171,499
|
1,207,691
|
The loans are interest free and repayable on demand.
At the balance sheet date the amount owed by the company to the directors was £4,955,090
(2024: £4,949,556
). This loan is interest free.
11.
Ultimate Controlling Party
The company is controlled by the directors.