Yorkshire Period Hotels Limited - Accounts to registrar (filleted) - small 18.2

Yorkshire Period Hotels Limited - Accounts to registrar (filleted) - small 18.2

YORKSHIRE PERIOD HOTELS LIMITED - Company Information

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REGISTERED NUMBER: 04079861 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

YORKSHIRE PERIOD HOTELS LIMITED
YORKSHIRE PERIOD HOTELS LIMITED (REGISTERED NUMBER: 04079861)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


YORKSHIRE PERIOD HOTELS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2019







DIRECTOR: C M Hogarth





REGISTERED OFFICE: Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ





REGISTERED NUMBER: 04079861 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ
Page 1
YORKSHIRE PERIOD HOTELS LIMITED (REGISTERED NUMBER: 04079861)

BALANCE SHEET
31 MARCH 2019

31.3.19 31.3.18
Notes £    £    £    £   
FIXED ASSETS
Investments 3 4,255,139 4,126,644

CURRENT ASSETS
Debtors 4 - 20,368
Cash at bank 425 87
425 20,455
CREDITORS
Amounts falling due within one year 5 4,032,175 4,052,205
NET CURRENT LIABILITIES (4,031,750 ) (4,031,750 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
223,389
94,894

CAPITAL AND RESERVES
Called up share capital 100 100
Investment revaluation reserve (83,506 ) (212,001 )
Retained earnings 306,795 306,795
SHAREHOLDERS' FUNDS 223,389 94,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director on 3 June 2019 and were signed by:





C M Hogarth - Director


The notes form part of these financial statements

Page 2
YORKSHIRE PERIOD HOTELS LIMITED (REGISTERED NUMBER: 04079861)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019

1. STATUTORY INFORMATION

Yorkshire Period Hotels 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Yorkshire Period Hotels Limited as an individual company
and do not contain consolidated financial information as the parent of a group. The company is exempt under
Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries and associates
Fixed asset investments in group undertakings are stated at valuation with any surplus or deficit being transferred
to the revaluation reserve. Other fixed asset investments are stated at cost less provision for any permanent
diminution in value.

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.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss. Derivative
financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or
loss.

Page 3 continued...
YORKSHIRE PERIOD HOTELS LIMITED (REGISTERED NUMBER: 04079861)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2019

3. FIXED ASSET INVESTMENTS
Shares in Interest
group in
undertakings associate Totals
£    £    £   
COST OR VALUATION
At 1 April 2018 3,373,076 753,568 4,126,644
Revaluations 128,495 - 128,495
At 31 March 2019 3,501,571 753,568 4,255,139
NET BOOK VALUE
At 31 March 2019 3,501,571 753,568 4,255,139
At 31 March 2018 3,373,076 753,568 4,126,644

Cost or valuation at 31 March 2019 is represented by:

Shares in Interest
group in
undertakings associate Totals
£    £    £   
Valuation in 2017 (80,231 ) - (80,231 )
Valuation in 2018 370,912 (502,682 ) (131,770 )
Valuation in 2019 128,495 - 128,495
Cost 3,082,395 1,256,250 4,338,645
3,501,571 753,568 4,255,139

If shares in group undertakings had not been revalued they would have been included at the following historical
cost:

31.3.19 31.3.18
£    £   
Cost 3,082,395 3,082,395

Shares in group undertakings were valued on a net asset basis on 31 March 2018 by the directors .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Other debtors - 20,368

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Amounts owed to group undertakings 262,840 287,066
Taxation and social security - 35,657
Other creditors 3,769,335 3,729,482
4,032,175 4,052,205

Page 4 continued...
YORKSHIRE PERIOD HOTELS LIMITED (REGISTERED NUMBER: 04079861)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2019

6. GUARANTEES AND OTHER FINANCIAL COMMITMENTS

The company's bankers hold a cross guarantee between the company and related parties.

It is the opinion of the director that this guarantee will not crystallise and therefore not has been provided for in
these financial statements.

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party
transactions with wholly owned subsidiaries within the group.

Page 5