1.
General Information
The Hotel Boutique Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
07921571
. The registered office is Global House, 303 Ballards Lane, London, N12 8NP.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Going Concern Disclosure
At the balance sheet date, the company's liabilities exceeded its assets. The directors confirm that it is their intension to ensure that financial support continues to be provided to the company for the twelve months from the date of signing these financial statements.
On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments may have to be made to reduce the value of assets to their realiseable amount and to provide for any liabilities which may arise.
2.3.
Turnover
Turnover represents sales of services net of discounts and value added taxes. Turnover is recognised when the services are provided to the customer.
2.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Fixtures & Fittings |
|
2.5.
Financial Instruments
The company only enters into basic financial instruments transactions that results in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2.6.
Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
The Hotel Boutique Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
2.7.
Cash and cash equivalent
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
2.8.
Creditors
Short term creditors are measured at transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
4.
Tangible Assets
| Fixtures & Fittings | |
|---|---|
| £ | |
| Cost | |
| As at 1 February 2025 |
|
| As at 31 January 2026 |
|
| Depreciation | |
| As at 1 February 2025 |
|
| Provided during the period |
|
| As at 31 January 2026 |
|
| Net Book Value | |
| As at 31 January 2026 |
|
| As at 1 February 2025 |
|
5.
Debtors
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Amounts owed by participating interests | 67,567 | 79,760 | |
| Other debtors | 7,318 | - | |
|
|
|
||
The Hotel Boutique Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
6.
Creditors: Amounts Falling Due Within One Year
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
|
|
|
| Bank loans and overdrafts |
|
|
|
| Other taxes and social security |
|
- | |
| VAT | - |
|
|
| Accruals and deferred income |
|
|
|
| Directors' loan accounts |
|
|
|
|
|
|
||
7.
Creditors: Amounts Falling Due After More Than One Year
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans |
|
|
|
| Amounts owed to other participating interests |
|
|
|
|
|
|
||
Loans
An analysis of the maturity of loans is given below
|
31/1/26
|
31/1/25
|
||
|
£
|
£
|
||
|
Amounts falling due within one year or on demand (Bank overdraft and credit card)
|
3,041
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
15,219
|
|
|
Amount falling due between one and two years (Bounce Back Loan)
|
5,264
|
15,709
|
|
An unsecured loan of £50,000 was taken out under the Bounce Back Loan Scheme. This is a government backed loan and interest is paid by the government for the first year, with 2.5% charged annually thereafter. Capital repayments started in August 2021 and the loan will be repaid in equal instalments across 6 years with the final payment in June 2027.
8.
Deferred Taxation
The provision for deferred tax is made up as follows:
| 2026 | 2025 | ||
|---|---|---|---|
| £ | £ | ||
| Accelerated capital allowances |
|
|
|
The Hotel Boutique Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
9.
Provisions for Liabilities
| Deferred Tax | Total | |
|---|---|---|
| £ | £ | |
| As at 1 February 2025 |
|
311 |
| Balance at 31 January 2026 |
|
311 |
11.
Related Party Transactions
At the year end the company owed £241,657 (2025-£168,191) to the directors
During the year the company paid rent of £Nil (2025-£48,985) to Juan Limited, who owns the freehold and is under common control of the directors.
Included in the debtors is an amount of £64,567 (2025-£76,760) owed by Juan Limited, a company which is under the common control of the directors. Also included in the debtors is £3,000 (2025-£3,000) owed by Brook Green Limited.
Within the creditors due after more than one year is an amount of £21,104 (2025-£21,104) owed to The Hotel Group Limited, and an amount of £4,500 (£4,500) owed to M&J Limited