Southcrest Hotel (Redditch) Limited - Accounts to registrar (filleted) - small 18.2
Southcrest Hotel (Redditch) Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2019 |
| FOR |
| SOUTHCREST HOTEL (REDDITCH) LIMITED |
| SOUTHCREST HOTEL (REDDITCH) LIMITED (REGISTERED NUMBER: 06957307) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 July 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| SOUTHCREST HOTEL (REDDITCH) LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 July 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Morgan Reach House |
| 136 Hagley Road |
| Birmingham |
| West Midlands |
| B16 9NX |
| SOUTHCREST HOTEL (REDDITCH) LIMITED (REGISTERED NUMBER: 06957307) |
| BALANCE SHEET |
| 31 July 2019 |
| 31.7.19 | 31.7.18 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks | 4 |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year | 7 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| SOUTHCREST HOTEL (REDDITCH) LIMITED (REGISTERED NUMBER: 06957307) |
| BALANCE SHEET - continued |
| 31 July 2019 |
| 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 |
| SOUTHCREST HOTEL (REDDITCH) LIMITED (REGISTERED NUMBER: 06957307) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 July 2019 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Long leasehold | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are |
| charged to profit or loss in the period to which they relate. |
| 2. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| SOUTHCREST HOTEL (REDDITCH) LIMITED (REGISTERED NUMBER: 06957307) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 July 2019 |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Long | and | Computer |
| leasehold | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 August 2018 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 July 2019 |
| DEPRECIATION |
| At 1 August 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 July 2019 |
| NET BOOK VALUE |
| At 31 July 2019 |
| At 31 July 2018 |
| 4. | STOCKS |
| 31.7.19 | 31.7.18 |
| £ | £ |
| Stocks |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.19 | 31.7.18 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.19 | 31.7.18 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| SOUTHCREST HOTEL (REDDITCH) LIMITED (REGISTERED NUMBER: 06957307) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 July 2019 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.7.19 | 31.7.18 |
| £ | £ |
| Hire purchase contracts |
| Amounts owed to group undertakings |
| Other creditors |
| 8. | RELATED PARTY DISCLOSURES |
| Southcrest Manor LLP |
| A partnership in which directors and shareholders are members |
| Amount due to related party at the balance sheet date is £41,300 (2018: £9,900) |
| Image House Limited |
| A company in which S Chopra is a director and shareholder |
| Amount due to related party at the balance sheet date is £110,252 (2018:£37,252) |
| Directors of the company |
| Included in other creditors is balance of £71,242 (2018:£23,058) to S Chopra who is director of the company. |