1 February 2025 v2026.39.1 limited_company_frs_102_section_1a_v1_1_4 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP105647352025-02-012026-01-31105647352026-01-31105647352025-01-3110564735core:WithinOneYear2026-01-3110564735core:WithinOneYear2025-01-3110564735core:AfterOneYear2025-01-3110564735core:ShareCapital2026-01-3110564735core:ShareCapital2025-01-3110564735core:RetainedEarningsAccumulatedLosses2026-01-3110564735core:RetainedEarningsAccumulatedLosses2025-01-3110564735bus:Director12025-02-012026-01-3110564735bus:RegisteredOffice2025-02-012026-01-31105647352024-02-012025-01-311056473512025-02-012026-01-3110564735countries:EnglandWales2025-02-012026-01-3110564735bus:AuditExempt-NoAccountantsReport2025-02-012026-01-3110564735bus:PrivateLimitedCompanyLtd2025-02-012026-01-3110564735bus:SmallEntities2025-02-012026-01-3110564735bus:FullAccounts2025-02-012026-01-31
Company registration number:
10564735
St. George Hotel Enterprises Limited
Unaudited Filleted Financial Statements for the year ended
31 January 2026
St. George Hotel Enterprises Limited
Statement of Financial Position
31 January 2026
20262025
Note££
Current assets    
Debtors 5
29,245
 
47,236
 
Cash at bank and in hand
1,883
 
2,894
 
31,128
 
50,130
 
Creditors: amounts falling due within one year 6
(183,395
 )
(136,372
 )
Net current liabilities
(152,267
 )
(86,242
 )
Total assets less current liabilities (152,267 ) (86,242 )
Creditors: amounts falling due after more than one year 7 -  
(10,893
 )
Net liabilities
(152,267
 )
(97,135
 )
Capital and reserves    
Called up share capital
5,000
 
5,000
 
Profit and loss account
(157,267
 )
(102,135
 )
Shareholders deficit
(152,267
 )
(97,135
 )
For the year ending
31 January 2026
, 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.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
5 June 2026
, and are signed on behalf of the board by:
G Hadjiminas
Director
Company registration number:
10564735
St. George Hotel Enterprises Limited
Notes to the Financial Statements
Year ended
31 January 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
36 Southwick Street
,
London
,
W2 1JQ
, United Kingdom.
The principal activity of the company is that of property management.

2 Statement of compliance

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

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the presentation and functional currency of the company.
The following accounting policies have been applied consistently throughout the year.

Going concern

As at the year end the company suffered losses of £55,132 (2025 - £55,352) and a net balance sheet deficit of £152,267 (2025 - £97,135). The director confirms that he will continue to support the company financially and considers that the company is a going concern and therefore have prepared the financial statements on this basis.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimates is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.
There were no judgements and estimates that had significant effect on the amounts recognised in the financial statements.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, 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 and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.
When the outcome of a transaction involving the rendering of services can be reliably estimated, 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.

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 and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
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.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or 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.

Defined contribution pension plan

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 Average number of employees

The average number of persons employed by the company during the year was
4
(2025:
4
).

5 Debtors

20262025
££
Trade debtors
3,133
 
4,127
 
Other debtors
26,112
 
43,109
 
29,245
 
47,236
 

6 Creditors: amounts falling due within one year

20262025
££
Bank loans and overdrafts
10,637
 
10,118
 
Trade creditors
2,431
 
3,219
 
Taxation and social security
1,306
 
2,055
 
Other creditors
169,021
 
120,980
 
183,395
 
136,372
 

7 Creditors: amounts falling due after more than one year

20262025
££
Bank loans and overdrafts -  
10,893
 
The company took out a loan in 2020 of £50,000 with Metro Bank. This is a 6 year capital repayment loan with interest charged at 2.5% per annum. The balance of the loan as at the year end was £10,637 (2025 - £21,011) and the facility is supported by the Bounce Back Loan Scheme.

9 Controlling party

The ultimate controlling party is the director, G Hadjiminas.