EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED - Company Information

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EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

Company Registration Number:
02748843 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2020

Period of accounts

Start date: 01 August 2019

End date: 31 July 2020

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2020

Balance sheet
Notes

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

Balance sheet

As at 31 July 2020


Notes
2020
13 months to 31 July 2019


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks: 19,636 29,557
Debtors: 3 330,393 606,036
Cash at bank and in hand: 2,213,785 1,750,288
Investments:   0 0
Total current assets: 2,563,814 2,385,881
Creditors: amounts falling due within one year: 4 (2,422,918) (2,009,026)
Net current assets (liabilities): 140,896 376,855
Total assets less current liabilities: 140,896 376,855
Creditors: amounts falling due after more than one year:   (350,000) (350,000)
Total net assets (liabilities): (209,104) 26,855
Capital and reserves
Called up share capital: 4 4
Profit and loss account: (209,108) 26,851
Shareholders funds: (209,104) 26,855

The notes form part of these financial statements

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

Balance sheet statements

For the year ending 31 July 2020 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 10 March 2021
and signed on behalf of the board by:

Name: Ms E Conway
Status: Director

The notes form part of these financial statements

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

1. Accounting policies

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

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

2. Employees

2020 13 months to 31 July 2019
Average number of employees during the period 132 103

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

3. Debtors

2020 13 months to 31 July 2019
££
Debtors due after more than one year: 77,736 549,046

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

4. Creditors: amounts falling due within one year note

Trade creditors £61708Owing to parent company £930789Advanced deposits £219988Other creditors £13407Accruals £1023831

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

5. Financial commitments

Lease within one year £219000Lease between one and five years £3553000Lease after five years £2000000

EDGBASTON PARK HOTEL AND CONFERENCE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

6. Post balance sheet events

Post year end, a rent reduction was agreed with the University of Birmingham for two years. Rent repayments are to be deferred until August 2022 and will attract interest at the same rate as the working capital agreement, 3.25%.