MONTAGU HOTELS LIMITED

MONTAGU HOTELS LIMITED

MONTAGU HOTELS LIMITED - Company Information

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MONTAGU HOTELS LIMITED

Company Registration Number:
05237178 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2019

Period of accounts

Start date: 01 February 2018

End date: 31 May 2019

MONTAGU HOTELS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2019

Balance sheet
Notes

MONTAGU HOTELS LIMITED

Balance sheet

As at 31 May 2019


Notes
16 months to 31 May 2019
2018


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,729,253 1,670,567
Investments: 4 4 4
Total fixed assets: 2,729,257 1,670,571
Current assets
Stocks: 1,440,039 1,393,971
Debtors: 5 113,295 164,155
Cash at bank and in hand: 2,100 7,225
Investments:   0 0
Total current assets: 1,555,434 1,565,351
Creditors: amounts falling due within one year:   (7,771,491) (6,567,698)
Net current assets (liabilities): (6,216,057) (5,002,347)
Total assets less current liabilities: (3,486,800) (3,331,776)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): (3,486,800) (3,331,776)
Capital and reserves
Called up share capital: 8 8
Other reserves: (223,755) (223,755)
Profit and loss account: (3,263,053) (3,108,029)
Shareholders funds: (3,486,800) (3,331,776)

The notes form part of these financial statements

MONTAGU HOTELS LIMITED

Balance sheet statements

For the year ending 31 May 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 February 2020
and signed on behalf of the board by:

Name: Sewa Singh Gill
Status: Director

The notes form part of these financial statements

MONTAGU HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MONTAGU HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2019

2. Employees

16 months to 31 May 2019 2018
Average number of employees during the period 24 20

MONTAGU HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2019

3. Tangible Assets

Total
Cost £
At 01 February 2018 2,749,119
Additions 1,112,968
At 31 May 2019 3,862,087
Depreciation
At 01 February 2018 1,078,552
Charge for year 54,282
At 31 May 2019 1,132,834
Net book value
At 31 May 2019 2,729,253
At 31 January 2018 1,670,567

MONTAGU HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2019

4. Fixed investments

Shares 4

MONTAGU HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2019

5. Debtors

16 months to 31 May 2019 2018
££
Debtors due after more than one year: 113,295 164,155