IRIS Accounts Production v25.4.0.155 01267062 Board of Directors 29.2.24 28.2.25 28.2.25 26.11.2025 0 0 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh012670622024-02-28012670622025-02-28012670622024-02-292025-02-28012670622023-02-28012670622023-03-012024-02-28012670622024-02-2801267062ns15:EnglandWales2024-02-292025-02-2801267062ns14:PoundSterling2024-02-292025-02-2801267062ns10:Director12024-02-292025-02-2801267062ns10:PrivateLimitedCompanyLtd2024-02-292025-02-2801267062ns10:SmallEntities2024-02-292025-02-2801267062ns10:Audited2024-02-292025-02-2801267062ns10:SmallCompaniesRegimeForDirectorsReport2024-02-292025-02-2801267062ns10:SmallCompaniesRegimeForAccounts2024-02-292025-02-2801267062ns10:FullAccounts2024-02-292025-02-2801267062ns10:OrdinaryShareClass12024-02-292025-02-2801267062ns10:Director22024-02-292025-02-2801267062ns10:Director32024-02-292025-02-2801267062ns10:RegisteredOffice2024-02-292025-02-2801267062ns5:CurrentFinancialInstruments2025-02-2801267062ns5:CurrentFinancialInstruments2024-02-2801267062ns5:ShareCapital2025-02-2801267062ns5:ShareCapital2024-02-2801267062ns5:FurtherSpecificReserve3ComponentTotalEquity2025-02-2801267062ns5:FurtherSpecificReserve3ComponentTotalEquity2024-02-2801267062ns5:RetainedEarningsAccumulatedLosses2025-02-2801267062ns5:RetainedEarningsAccumulatedLosses2024-02-280126706212024-02-292025-02-2801267062ns5:LongLeaseholdAssetsns5:LandBuildings2024-02-292025-02-2801267062ns5:PlantMachinery2024-02-292025-02-2801267062ns5:FurnitureFittings2024-02-292025-02-2801267062ns5:LongLeaseholdAssetsns5:LandBuildings2024-02-2801267062ns5:PlantMachinery2024-02-2801267062ns5:FurnitureFittings2024-02-2801267062ns5:LongLeaseholdAssetsns5:LandBuildings2025-02-2801267062ns5:PlantMachinery2025-02-2801267062ns5:FurnitureFittings2025-02-2801267062ns5:LongLeaseholdAssetsns5:LandBuildings2024-02-2801267062ns5:PlantMachinery2024-02-2801267062ns5:FurnitureFittings2024-02-2801267062ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2801267062ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2801267062ns10:OrdinaryShareClass12025-02-2801267062ns5:RetainedEarningsAccumulatedLosses2024-02-2801267062ns5:FurtherSpecificReserve3ComponentTotalEquity2024-02-2801267062ns5:RetainedEarningsAccumulatedLosses2024-02-292025-02-28
REGISTERED NUMBER: 01267062 (England and Wales)















Audited Financial Statements for the Year Ended 28th February 2025

for

K. C. Hotel Limited
K. C. Hotel Limited (Registered number: 01267062)

Contents of the Financial Statements
for the Year Ended 28th February 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


K. C. Hotel Limited

Company Information
for the Year Ended 28th February 2025







DIRECTORS: F Degiorgio
S Degiorgio
S Degiorgio





REGISTERED OFFICE: King Charles Hotel
Brompton Road
Gillingham
Kent
ME7 5QT





REGISTERED NUMBER: 01267062 (England and Wales)





AUDITORS: Beak Kemmenoe
Chartered Accountants
& Statutory Auditors
1-3 Manor Road
Chatham
Kent
ME4 6AE
Page 1
K. C. Hotel Limited (Registered number: 01267062)

Balance Sheet
28th February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,285,289 5,480,524

CURRENT ASSETS
Stocks 14,500 16,000
Debtors 5 16,572,091 16,553,601
Cash at bank 58,692 55,842
16,645,283 16,625,443
CREDITORS
Amounts falling due within one year 6 13,664,779 13,850,864
NET CURRENT ASSETS 2,980,504 2,774,579
TOTAL ASSETS LESS CURRENT
LIABILITIES
8,265,793
8,255,103

PROVISIONS FOR LIABILITIES 12,782 12,221
NET ASSETS 8,253,011 8,242,882

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Fair value reserve 8 3,022,732 3,022,732
Retained earnings 8 5,229,279 5,219,150
SHAREHOLDERS' FUNDS 8,253,011 8,242,882

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 Board of Directors and authorised for issue on 26th November 2025 and were signed on its behalf by:





S Degiorgio - Director


The notes form part of these financial statements

Page 2
K. C. Hotel Limited (Registered number: 01267062)

Notes to the Financial Statements
for the Year Ended 28th February 2025


1. STATUTORY INFORMATION

K. C. 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.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

In preparing the financial statements the directors have made the following judgements:

Determining the useful lives and depreciation policies for the company's various classes of tangible fixed assets. The directors base these estimates on technological advancement, future investments, economic utilisation and physical condition of the assets to ensure that the depreciation policy used is sufficient so that the carrying value does not exceed its net realisable value.

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 its estimated useful life.
Long leasehold - 2% on cost
Plant and machinery - 10% straight line
Fixtures and fittings - 10% straight line

The historical cost of leasehold property at valuation at the balance sheet date is £1,227,268 (2024 - £1,227,268). During 2017 there was a revaluation of the property by the directors. In the opinion of the directors this represents a fair value of the property at the year end in the current market.

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


Page 3 continued...
K. C. Hotel Limited (Registered number: 01267062)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2025


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings Totals
£    £    £    £   
COST
At 29th February 2024 5,541,554 27,044 980,948 6,549,546
Additions 20,367 - 20,162 40,529
Disposals - (27,044 ) (31,100 ) (58,144 )
At 28th February 2025 5,561,921 - 970,010 6,531,931
DEPRECIATION
At 29th February 2024 125,541 27,044 916,437 1,069,022
Charge for year 216,192 - 11,608 227,800
Eliminated on disposal - (27,044 ) (23,136 ) (50,180 )
At 28th February 2025 341,733 - 904,909 1,246,642
NET BOOK VALUE
At 28th February 2025 5,220,188 - 65,101 5,285,289
At 28th February 2024 5,416,013 - 64,511 5,480,524

Page 4 continued...
K. C. Hotel Limited (Registered number: 01267062)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 12,469 24,852
Other debtors and prepayments 16,559,622 16,528,749
16,572,091 16,553,601

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 5,775 68,318
Tax 74,880 136,642
Social security and other taxes 34,483 87,993
Other creditors 13,549,641 13,557,911
13,664,779 13,850,864

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1,000 Ordinary £1 1,000 1,000

8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 29th February 2024 5,219,150 3,022,732 8,241,882
Profit for the year 10,129 10,129
At 28th February 2025 5,229,279 3,022,732 8,252,011

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Natalie Harrison FCA FCCA CTA TEP (Senior Statutory Auditor)
for and on behalf of Beak Kemmenoe

10. ULTIMATE CONTROLLING PARTY

The company is under the control of Degiorgio Holdings Limited, registered office King Charles Hotel, Brompton Road, Gillingham, Kent, ME7 5QT, which is the parent company and holder of 100% of the share capital.

Page 5