Loddon Hotels Limited - Filleted accounts

Registered number

05115389

Loddon Hotels Limited

Unaudited Filleted Accounts

30 April 2026

Loddon Hotels Limited
Registered number:		05115389
Balance Sheet
as at 30 April 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		500			500
Tangible assets	4		33,686			1,442,035
			34,186			1,442,535

Current assets
Stocks		8,487			12,485
Debtors	5	1,408,824			20,545
Cash at bank and in hand		350,351			418,348
		1,767,662			451,378

Creditors: amounts falling due within one year	6	(512,620)			(461,856)

Net current assets/(liabilities)			1,255,042			(10,478)

Total assets less current liabilities			1,289,228			1,432,057

Creditors: amounts falling due after more than one year	7		-			(200,000)

Provisions for liabilities			(3,600)			(1,933)


Net assets			1,285,628			1,230,124

Capital and reserves
Called up share capital			100			100
Revaluation reserve	8		-			100,630
Profit and loss account			1,285,528			1,129,394

Shareholders' funds			1,285,628			1,230,124

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

K T Pybus
Director
Approved by the board on 8 September 2026

Loddon Hotels Limited
Notes to the Accounts
for the year ended 30 April 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents the amounts derived from the provision of goods and services in the UK which fall within the company's ordinary activities stated after trade discounts and net of value added tax.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Freehold buildings			over 100 years
	Plant and equipment			over 10 years
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					23		25


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 May 2025							267,113
	Additions							-
	Disposals							-
	At 30 April 2026							267,113

	Amortisation
	At 1 May 2025							266,613
	Provided during the year							-
	On disposals							-
	At 30 April 2026							266,613

	Net book value
	At 30 April 2026							500
	At 30 April 2025							500

	Goodwill has been written off in equal annual instalments over its estimated economic life of 10 years.

4	Tangible fixed assets
		Land and buildings		Plant and equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 May 2025	1,468,853		174,420		900		1,644,173
	Disposals	(1,400,000)		-		-		(1,400,000)
	At 30 April 2026	68,853		174,420		900		244,173

	Depreciation
	At 1 May 2025	34,425		166,986		727		202,138
	Charge for the year	4,590		3,716		43		8,349
	On disposals	-		-		-		-
	At 30 April 2026	39,015		170,702		770		210,487

	Net book value
	At 30 April 2026	29,838		3,718		130		33,686
	At 30 April 2025	1,434,428		7,434		173		1,442,035

	Freehold land and buildings:					2026		2025
£							£
	Historical cost					68,853		1,405,195
	Cumulative depreciation based on historical cost					39,015		34,425
						29,838		1,370,770


5	Debtors					2026		2025
£							£

	Trade debtors					235		129
	Other debtors					1,408,589		20,416
						1,408,824		20,545


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					232,252		298,004
	Taxation and social security costs					69,845		77,494
	Other creditors					210,523		86,358
						512,620		461,856


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Other creditors					-		200,000
						-		200,000


8	Revaluation reserve					2026		2025
£							£

	At 1 May 2025					100,630		-
	Transfer on disposal of land and buildings					(100,630)		100,630

	At 30 April 2026					-		100,630


9	Related party transactions					2026		2025
£							£
	J M Pybus and K T Pybus
	Directors and shareholders
	Interest payable					28,095		32,417

10	Controlling party

	The ultimate controlling party of the company is J M Pybus and K T Pybus jointly.

11	Other information

	Loddon Hotels Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Mill House Hotel
	Old Basingstoke Road
	Swallowfield
	Berkshire
	RG7 1PY