REGISTERED NUMBER: 03703208 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

CORNERHOUSE HOTEL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D L R Hiscox

SECRETARY:

D L R Hiscox

REGISTERED OFFICE:

7 Montpellier Villas

Cheltenham

GL50 2XE

REGISTERED NUMBER:

03703208 (England and Wales)

ACCOUNTANTS:

John S Ward & Co Limited

Chartered Certified Accountants

26-28 Headlands

Kettering

Northamptonshire

NN15 7HP

FIXED ASSETS

Tangible assets

4

3,000,747

2,971,535

CURRENT ASSETS

Stocks

13,343

12,084

Debtors

5

655,340

586,343

Cash at bank

35,646

56,698

704,329

655,125

CREDITORS

Amounts falling due within one year

6

1,824,953

1,687,402

NET CURRENT LIABILITIES

(1,120,624

)

(1,032,277

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,880,123

1,939,258

CREDITORS

Amounts falling due after more than one year

7

(632,685

)

(803,326

)

PROVISIONS FOR LIABILITIES

(57,013

)

(50,350

)

NET ASSETS

1,190,425

1,085,582

CAPITAL AND RESERVES

Called up share capital

1,001

1,001

Revaluation reserve

9

573,900

573,900

Retained earnings

615,524

510,681

1,190,425

1,085,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2026 and were signed by:

D L R Hiscox - Director

1.	STATUTORY INFORMATION

CORNERHOUSE HOTEL LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful life.

Fixtures & Fittings Between 5 to 15 years

Freehold property is maintained to a high standard for trading purposes and the Directors consider the economic life of the property is thereby extended so as to make any provision for Depreciation immaterial

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2025 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2025

2,550,411

1,596,491

4,146,902

Additions

-

69,394

69,394

At 31 January 2026

2,550,411

1,665,885

4,216,296

DEPRECIATION

At 1 February 2025

-

1,175,367

1,175,367

Charge for year

-

40,182

40,182

At 31 January 2026

-

1,215,549

1,215,549

NET BOOK VALUE

At 31 January 2026

2,550,411

450,336

3,000,747

At 31 January 2025

2,550,411

421,124

2,971,535

The historical cost of the Freehold property is £1,976,511 ( 2025 £1,976,511)

Deferred tax is not provided on revalued property as the Directors have no intention of selling the property in the foreseeable future.

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 February 2025

and 31 January 2026

48,652

DEPRECIATION

At 1 February 2025

4,055

Charge for year

2,432

At 31 January 2026

6,487

NET BOOK VALUE

At 31 January 2026

42,165

At 31 January 2025

44,597

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

10,403

26,428

Other debtors

644,937

559,915

655,340

586,343

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

163,598

177,116

Hire purchase contracts and finance leases

7,216

32,853

Trade creditors

113,234

81,401

Taxation and social security

66,615

134,196

Other creditors

1,474,290

1,261,836

1,824,953

1,687,402

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

632,685

796,110

Hire purchase contracts and finance leases

-

7,216

632,685

803,326

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

202,279

202,207

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

796,283

973,226

Bank Loans are secured by Fixed and Floating Charge over the assets of the Company

9.

RESERVES

Revaluation

reserve

£

At 1 February 2025

and 31 January 2026

573,900

10.	CONTINGENT LIABILITIES

The Company has provided an unlimited guarantee on all monies due to Mrs VEA Hiscox from Hatton Properties Ltd. The Guarantee is secured on the Company's freehold premises

11.	RELATED PARTY DISCLOSURES

At 31st January 2026 the Company owed £1,417,787 (2025 £1,208,377) and was owed

£635,232 (2025 £557,627 ) from related party companies.

12.	ULTIMATE CONTROLLING PARTY

Mrs VEA Hiscox is the controlling shareholder of the Company