Imperial Hotel(Gt.Yarmouth)Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00681667 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2026

for

Imperial Hotel(Gt.Yarmouth)Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

5

4,636

2,904

Tangible assets

6

1,479,066

1,486,756

1,483,702

1,489,660

Current assets

Stocks

35,305

35,759

Debtors

7

90,099

73,795

Cash at bank and in hand

249,501

181,784

374,905

291,338

Creditors

Amounts falling due within one year

8

(477,761

)

(379,643

)

Net current liabilities

(102,856

)

(88,305

)

Total assets less current liabilities

1,380,846

1,401,355

Provisions for liabilities

(218,241

)

(219,572

)

Net assets

1,162,605

1,181,783

Capital and reserves

Called up share capital

9

23,528

Share premium

10

89,323

Retained earnings

10

1,049,754

1,068,932

Shareholders' funds

1,162,605

1,181,783

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2026 and were signed on its behalf by:

Mr G C Smith - Director

Mr G W Wynes - Director

1.	Statutory information

Imperial Hotel(Gt.Yarmouth)Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00681667

Registered office:

13/15 North Drive

Great Yarmouth

Norfolk

NR30 1EQ

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items. Net realisable value is calculated at the lower of cost or selling price less cost to complete.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Tangible fixed assets

Tangible fixed assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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

Plant and machinery - 10% on reducing balance

Motor vehicles - 20% on reducing balance

Fixtures and fittings -10% on cost

Freehold land and property is not depreciated.

Intangible assets

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

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that assets as follows:-

Website - 10% reducing balance

Employee ownership trust

The company established the Imperial Hotel (Gt. Yarmouth) OAT Trustee Company Limited to enable shares in the company to be held by the trustees for the benefit of the company's employees. Distributions made to the company are treated as gifts to the trust so that the trust can meet its obligations.

4.	Employees and directors

The average number of employees during the year was 53 (2025 - 53 ) .

5.	Intangible fixed assets

Website

£

Cost

At 1 May 2025

6,750

Additions

2,225

At 30 April 2026

8,975

Amortisation

At 1 May 2025

3,846

Amortisation for year

493

At 30 April 2026

4,339

Net book value

At 30 April 2026

4,636

At 30 April 2025

2,904

6.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

Cost

At 1 May 2025

1,146,943

355,653

1,183,185

31,012

2,716,793

Additions

-

25,167

2,254

-

27,421

Disposals

-

(7,224

)

(7,224

)

At 30 April 2026

1,146,943

380,820

1,185,439

23,788

2,736,990

Depreciation

At 1 May 2025

-

202,060

1,001,672

26,305

1,230,037

Charge for year

-

15,957

18,172

931

35,060

Eliminated on disposal

-

(7,173

)

(7,173

)

At 30 April 2026

-

218,017

1,019,844

20,063

1,257,924

Net book value

At 30 April 2026

1,146,943

162,803

165,595

3,725

1,479,066

At 30 April 2025

1,146,943

153,593

181,513

4,707

1,486,756

7.

Debtors: amounts falling due within one year

2026

2025

£

Trade debtors

19,816

15,038

Other debtors

70,283

58,757

90,099

73,795

8.

Creditors: amounts falling due within one year

2026

2025

£

Trade creditors

86,644

100,605

Taxation and social security

122,739

122,656

Other creditors

268,378

156,382

477,761

379,643

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

11,528

Ordinary A Shares

£1

22,893

12,000

Ordinary B Shares

£1

635

23,528

10.

Reserves

Retained

Share

earnings

premium

Totals

£

At 1 May 2025

1,068,932

89,323

1,158,255

Profit for the year

147,649

Dividends

(11,000

)

(11,000

)

Non income distribution

(155,827

)

-

(155,827

)

At 30 April 2026

1,049,754

89,323

1,139,077

Profit and loss account - This reserve records distributable retained earnings and accumulated losses.

11.	Related party disclosure

During the year ended 30 April 2026, the company made transfers to the Employees Ownership Trust totalling £155,827 (2025 : £189,000).

During the year costs were incurred on behalf of a related party totalling £35,317 (2025 : £nil).

At the year end the company was owed £35,317 (2025 £nil) from a related party, a company which is under the control of one of the directors.

12.

Security

The company has provided security to the former owners of Imperial Hotel (Gt. Yarmouth) Limited Mr and Mrs Mobbs by way of a fixed and floating charge over the assets on behalf of the Employee Ownership Trust.