Registration number: 10652999

APN Hotel Group Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

APN Hotel Group Limited

(Registration number: 10652999)
Balance Sheet as at 31 March 2026

	Note	2026 £		2025 £
Fixed assets
Tangible assets	4		80,351		143,634
Current assets
Stocks	5	-		5,994
Debtors	6	216,869		297,721
Cash at bank and in hand		114,655		57,414
		331,524		361,129
Creditors: Amounts falling due within one year	7	(394,151)		(466,537)
Net current liabilities			(62,627)		(105,408)
Total assets less current liabilities			17,724		38,226
Provisions for liabilities			(18,397)		(34,110)
Net (liabilities)/assets			(673)		4,116
Capital and reserves
Called up share capital		100		100
Profit and loss account		(773)		4,016
Total equity			(673)		4,116

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.

Directors' 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 directors acknowledge 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 October 2026 and signed on its behalf by:
 

......................................... Mr M. Rothwell Director

......................................... Mr T.G. Kernachan Director

APN Hotel Group Limited

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:
34 Wellington Street
Leeds
LS1 2DE

These financial statements were authorised for issue by the Board on 5 October 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in Sterling (£).

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 and it is probable that future economic benefits will flow to the company.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

APN Hotel Group Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

Tangible assets

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

Depreciation

Depreciation is charged so as to write off the cost of assets as follows:

Asset class	Depreciation method and rate
Fixtures and equipment	25% Reducing balance

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.

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.

Share capital

Ordinary shares are classified as equity.

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 directors) during the year, was 26 (2025 - 34).

APN Hotel Group Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2025	372,025	372,025
Additions	10,497	10,497
Disposals	(81,296)	(81,296)
At 31 March 2026	301,226	301,226
Depreciation
At 1 April 2025	228,391	228,391
Charge for the year	28,450	28,450
Eliminated on disposal	(35,966)	(35,966)
At 31 March 2026	220,875	220,875
Carrying amount
At 31 March 2026	80,351	80,351
At 31 March 2025	143,634	143,634

5

Stocks

	2026 £	2025 £
Other inventories	-	5,994

6

Debtors

Debtors: amounts falling due within one year		2026 £	2025 £
Trade debtors		1,664	9,571
Amounts owed by group undertakings		141,301	120,000
Prepayments		11,438	17,925
Other debtors		62,466	150,225
		216,869	297,721

The company is related to All Property Management Ltd and Leeds Pride Community Group Ltd by virtue of the common shareholding of Mr M. Rothwell and Mr T.G. Kernachan.

Other debtors include a loan to All Property Management Ltd in the amount of £62,433 (2025 £150,000). The loan is interest free, unsecured and repayable on demand.

Other debtors include a loan to Leeds Pride Community Group Ltd in the amount of £33 (2025 £nil). The loan is interest free, unsecured and repayable demand.

APN Hotel Group Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Trade creditors	146,224	167,487
Amounts owed to group undertakings	164,763	117,498
Taxation and social security	24,771	40,025
Other creditors	58,393	141,527
	394,151	466,537

 

8	Parent and ultimate parent undertaking

The company's immediate parent is APN Holdings Ltd, incorporated in England and Wales.