Registration number: 04720982

Group Accommodation Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 12

Group Accommodation Limited

Company Information

Directors

Mrs N J Maughan Mr J S Maughan Mr E J B Maughan

Company secretary

Mrs N J Maughan

Registered office

1 The Bulwark Brecon Powys LD3 7LB

Accountants

W J James & Co Bishop House 10 Wheat Street Brecon Powys LD3 7DG

Group Accommodation Limited

(Registration number: 04720982)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	25,738	28,986
Current assets
Debtors	6	1,256,304	1,005,559
Cash at bank and in hand		191,546	327,406
		1,447,850	1,332,965
Creditors: Amounts falling due within one year	7	(702,307)	(631,713)
Net current assets		745,543	701,252
Total assets less current liabilities		771,281	730,238
Provisions for liabilities		(6,435)	-
Net assets		764,846	730,238
Capital and reserves
Called up share capital		101	101
Retained earnings		764,745	730,137
Shareholders' funds		764,846	730,238

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 3 September 2026 and signed on its behalf by:
 

......................................... Mrs N J Maughan Company secretary and director

Group Accommodation Limited

(Registration number: 04720982)
Balance Sheet as at 31 March 2026

......................................... Mr J S Maughan Director

......................................... Mr E J B Maughan Director

Group Accommodation 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 within the United Kingdom..

The company was formerly known as Sanderson Maughan Limited.

The address of its registered office is:
1 The Bulwark
Brecon
Powys
LD3 7LB

These financial statements were authorised for issue by the Board on 3 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.

The currency in which the financial statements are presented is Sterling and they are rounded to the nearest pound.

Revenue recognition

Turnover represents advertising revenue charged to customers, excluding value added tax.

Advertising revenue is recognised when a customer pays for their advertisement and is apportioned to the accounting period to which it relates. Any revenue received in advance at the end of the financial year is carried forward to the period to which it relates.

Tax

The tax expense for the period comprises current 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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Group Accommodation 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.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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
Fixtures and fittings	20% of reducing balance
Office equipment	10% reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website development	20% 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.

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.

Group Accommodation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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.

Group Accommodation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2025 - 8).

Group Accommodation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 April 2025	21,005	21,005
At 31 March 2026	21,005	21,005
Amortisation
At 1 April 2025	21,005	21,005
At 31 March 2026	21,005	21,005
Carrying amount
At 31 March 2026	-	-
At 31 March 2025	-	-

5	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 April 2025	34,659	52,869	87,528
Additions	251	107	358
At 31 March 2026	34,910	52,976	87,886
Depreciation
At 1 April 2025	27,282	31,260	58,542
Charge for the year	1,517	2,089	3,606
At 31 March 2026	28,799	33,349	62,148
Carrying amount
At 31 March 2026	6,111	19,627	25,738
At 31 March 2025	7,377	21,609	28,986

Group Accommodation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6

Debtors

Current	2026 £	2025 £
Trade debtors	138,807	101,509
Prepayments	4,257	957
Other debtors	1,113,240	903,093
	1,256,304	1,005,559

Group Accommodation 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 £
Due within one year
Trade creditors	16,722	2,485
Taxation and social security	164,035	168,765
Accruals and deferred income	513,242	450,926
Other creditors	8,308	9,537
	702,307	631,713

8	Related party transactions

Transactions with directors

2026	At 1 April 2025 £	Advances to director £	Other payments made to company by director £	At 31 March 2026 £
Mr & Mrs J S Maughan	(120,284)	(8,574)	4,014	(124,844)

2025	At 1 April 2024 £	Advances to director £	Other payments made to company by director £	At 31 March 2025 £
Mr & Mrs J S Maughan	(117,941)	(5,723)	3,380	(120,284)

Directors' remuneration

The directors' remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	117,597	113,748
Contributions paid to money purchase schemes	138,000	126,321
	255,597	240,069

Group Accommodation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Dividends paid to directors

		2026 £		2025 £
Mr J S Maughan
Interim dividends		-		2,750
Mrs N J Maughan
Interim dividends		-		2,250

Summary of transactions with parent

Maughan Projects Ltd Maughan Projects Ltd acquired 101 shares from Mr JM and Mrs NM Maughan on 22 April 2024, which is 100% of this company's shareholding. A total of £150,364 dividends was issued to Maughan Projects Ltd between 1 April 2025 and 31 March 2026.


There is no formal agreement or terms in place involving inter company loans.

Loans to related parties

2026	Maughan Projects Ltd £	Maughan Rentals Ltd £	Total £
At start of period	763,449	3,927	767,376
At end of period	763,449	3,927	767,376

2025	Maughan Projects Ltd £	Maughan Rentals Ltd £	Total £
Advanced	767,136	5,550	772,686
Repaid	(3,687)	(1,623)	(5,310)
At end of period	763,449	3,927	767,376

Group Accommodation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Loans from related parties

2026	Maughan Trading Ltd £	Maughan Enterprises Ltd £	Total £
At start of period	37,459	20	37,479
Advanced	2,306	-	2,306
Repaid	(1,109)	-	(1,109)
At end of period	38,656	20	38,676

2025	Maughan Trading Ltd £	Maughan Enterprises Ltd £	Total £
Advanced	1,166,739	20	1,166,759
Repaid	(1,129,280)	-	(1,129,280)
At end of period	37,459	20	37,479