Westcombe Park Hotel Limited(The)

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

Report to the directors on the preparation of the unaudited statutory accounts of Westcombe Park Hotel Limited(The) for the year ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Westcombe Park Hotel Limited(The) which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Westcombe Park Hotel Limited(The) , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Westcombe Park Hotel Limited(The) and state those matters that we have agreed to state to the directors of Westcombe Park Hotel Limited(The) , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Westcombe Park Hotel Limited(The) and its directors as a body for our work or for this report.

It is your duty to ensure that Westcombe Park Hotel Limited(The) has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Westcombe Park Hotel Limited(The) . You consider that Westcombe Park Hotel Limited(The) is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Westcombe Park Hotel Limited(The) . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

C K R

6 November 2025

C K R

Chartered Certified Accountants

CKR House

70 East Hill

Dartford

Kent

DA1 1RZ

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Westcombe Park Hotel Limited(The)

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 00448221

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1		1
Tangible Assets	5		8,499,648		8,552,940

			8,499,649		8,552,941
CURRENT ASSETS
Stocks	6	11,532		17,053
Debtors	7	296,129		437,236
Investments	8	139,617		139,504
Cash at bank and in hand		1,500,098		1,717,446

		1,947,376		2,311,239
Creditors: Amounts Falling Due Within One Year	9	(986,103 )		(1,061,317 )

NET CURRENT ASSETS (LIABILITIES)			961,273		1,249,922

TOTAL ASSETS LESS CURRENT LIABILITIES			9,460,922		9,802,863

Creditors: Amounts Falling Due After More Than One Year	10		(142,887 )		(292,887 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	11		(38,302 )		(50,718 )

NET ASSETS			9,279,733		9,459,258

CAPITAL AND RESERVES
Called up share capital	12		2,000		2,000
Revaluation reserve	15		5,380,219		5,380,219
Other reserves			409,303		409,303
Fair value reserve	15		60,704		60,704
Profit and Loss Account			3,427,507		3,607,032

SHAREHOLDERS' FUNDS			9,279,733		9,459,258

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Westcombe Park Hotel Limited(The)

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Josephine O'Donnell

Director

6 November 2025

The notes on pages 4 to 8 form part of these financial statements.

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Westcombe Park Hotel Limited(The)

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Westcombe Park Hotel Limited(The) is a private company, limited by shares, incorporated in England & Wales, registered number 00448221 . The registered office is 8-18 Montpelier Row, London, SE3 0RW.

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. Turnover

Turnover represents net invoices sales of goods & services net of discounts and value added taxes.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

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:

Freehold	No depreciation
Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

The company has taken advantage of the provisions of FRS 15 to freeze the value of freehold property. No depreciation has been provided on freehold property as the directors consider depreciation to be immaterial because of the very long useful economic life of the Hotel building.

2.5. Investment Properties

All investment properties are carried at the most revent valuation. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost values are arrived at by professional valuers during monthly stocktaking.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Westcombe Park Hotel Limited(The)

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	200,000

As at 31 March 2025	200,000

Amortisation
As at 1 April 2024	199,999

As at 31 March 2025	199,999

Net Book Value
As at 31 March 2025	1

As at 1 April 2024	1

5. Tangible Assets

	Land & Property
	Freehold	Investment Properties	Plant & Machinery	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2024	5,305,365	3,012,596	862,260	1,616,402
Additions	-	-	2,056	4,638

As at 31 March 2025	5,305,365	3,012,596	864,316	1,621,040

...CONTINUED

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Westcombe Park Hotel Limited(The)

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	-	-	808,469	1,479,983
Provided during the period	-	-	14,809	34,135

As at 31 March 2025	-	-	823,278	1,514,118

Net Book Value
As at 31 March 2025	5,305,365	3,012,596	41,038	106,922

As at 1 April 2024	5,305,365	3,012,596	53,791	136,419


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2024	133,589	10,930,212
Additions	150	6,844

As at 31 March 2025	133,739	10,937,056

Depreciation
As at 1 April 2024	88,820	2,377,272
Provided during the period	11,192	60,136

As at 31 March 2025	100,012	2,437,408

Net Book Value
As at 31 March 2025	33,727	8,499,648

As at 1 April 2024	44,769	8,552,940

6. Stocks

	2025	2024 as restated
	£	£
Materials	11,532	17,053

7. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	11,201	40,356
Prepayments and accrued income	147,501	125,249
Other debtors	117,709	251,752
VAT	19,718	2,379
Directors' loan accounts	-	17,500

	296,129	437,236

8. Current Asset Investments

	2025	2024 as restated
	£	£
Listed investments	139,617	139,504

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Westcombe Park Hotel Limited(The)

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	391,968	332,284
Corporation tax	114,126	184,607
Other taxes and social security	9,718	64,721
Other creditors	293,239	299,583
Rent deposit held	13,220	13,220
Barclays Credit Card	1,099	4,223
Other creditors - Pension	5,769	6,414
Accruals and deferred income	156,964	156,265

	986,103	1,061,317

10. Creditors: Amounts Falling Due After More Than One Year

	2025	2024 as restated
	£	£
Other creditors	142,887	292,887

11. Deferred Taxation

The provision for deferred taxation is made up of accelerated capital allowances.

	2025	2024 as restated
	£	£
Other timing differences	38,302	50,718

12. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	2,000	2,000

13. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Ms Josephine O'Donnell	17,500	-	17,500	-	-

The above loan is unsecured, interest free and repayable on demand.

14. Dividends

	2025	2024 as restated
	£	£
On equity shares:
Final dividend paid	500,000	500,000

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Westcombe Park Hotel Limited(The)

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

15. Reserves

	Revaluation Reserve	Fair Value Reserve
	£	£
As at 1 April 2024	5,380,219	60,704

As at 31 March 2025	5,380,219	60,704

16. Related Party Transactions

Amount of creditors due more than one year of £142,877 related to amount due to Furbold

Securities Ltd., a company registered in Jersey which has shareholdings in Westcombe Park

Hotel Ltd holding 701 shares.

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