Company Registration No. 10795979 (England and Wales)
NINE GATWICK HOTEL LIMITED
Unaudited accounts
for the period from 1 June 2018 to 30 June 2019
NINE GATWICK HOTEL LIMITED
Unaudited accounts
Contents
NINE GATWICK HOTEL LIMITED
Company Information
for the period from 1 June 2018 to 30 June 2019
Company Number
10795979 (England and Wales)
Registered Office
65-67 CLARENDON ROAD
WATFORD
WD17 1DS
UNITED KINGDOM
NINE GATWICK HOTEL LIMITED
Statement of financial position
as at 30 June 2019
Tangible assets
5,718,660
5,718,660
Inventories
415,951
93,283
Cash at bank and in hand
(185)
51,095
Creditors: amounts falling due within one year
(4,060,589)
(3,793,568)
Net current liabilities
(3,644,819)
(3,652,790)
Total assets less current liabilities
2,073,841
2,065,870
Creditors: amounts falling due after more than one year
(2,417,098)
(2,192,900)
Net liabilities
(343,257)
(127,030)
Called up share capital
4
4
Profit and loss account
(343,261)
(127,034)
Shareholders' funds
(343,257)
(127,030)
For the period ending 30 June 2019 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 31 March 2020.
VIVEK CHADHA
Director
Company Registration No. 10795979
NINE GATWICK HOTEL LIMITED
Notes to the Accounts
for the period from 1 June 2018 to 30 June 2019
NINE GATWICK HOTEL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10795979. The registered office is 65-67 CLARENDON ROAD, WATFORD, WD17 1DS, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Work in progress
415,951
93,283
NINE GATWICK HOTEL LIMITED
Notes to the Accounts
for the period from 1 June 2018 to 30 June 2019
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
3,807,560
3,704,485
Trade creditors
65,215
32,655
Taxes and social security
514
(3,572)
Other creditors
187,300
60,000
8
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
2,417,098
2,192,900
9
Average number of employees
During the period the average number of employees was 0 (2018: 0).
