Rosedale Abbey Hotel Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10409067 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

ROSEDALE ABBEY HOTEL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N G Haxby

P G Haxby

P A Scholey

REGISTERED OFFICE:

UN9 Armstrong House

First Avenue

Finningley

Doncaster

South Yorkshire

DN9 3GA

REGISTERED NUMBER:

10409067 (England and Wales)

ACCOUNTANTS:

A Wigglesworth And Company Ltd

Armstrong House

First Avenue

Finningley

Doncaster

South Yorkshire

DN9 3GA

FIXED ASSETS

Tangible assets

4

29,886

27,444

Investments

5

100

100

Investment property

6

511,827

511,827

541,813

539,371

CURRENT ASSETS

Debtors

7

2,070

-

Cash at bank and in hand

85,689

99,898

87,759

99,898

CREDITORS

Amounts falling due within one year

8

559,150

583,905

NET CURRENT LIABILITIES

(471,391

)

(484,007

)

TOTAL ASSETS LESS CURRENT LIABILITIES

70,422

55,364

PROVISIONS FOR LIABILITIES

5,680

5,215

NET ASSETS

64,742

50,149

CAPITAL AND RESERVES

Called up share capital

999

999

Retained earnings

63,743

49,150

64,742

50,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2022 and were signed on its behalf by:

P G Haxby - Director

1.	STATUTORY INFORMATION

Rosedale Abbey Hotel 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is stated at fair value in accordance with Section 16 and depreciation has not been provided for.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2021

55,000

Additions

6,996

At 31 December 2021

61,996

DEPRECIATION

At 1 January 2021

27,556

Charge for year

4,554

At 31 December 2021

32,110

NET BOOK VALUE

At 31 December 2021

29,886

At 31 December 2020

27,444

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2021

and 31 December 2021

100

NET BOOK VALUE

At 31 December 2021

100

At 31 December 2020

100

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2021

and 31 December 2021

511,827

NET BOOK VALUE

At 31 December 2021

511,827

At 31 December 2020

511,827

On 24 January 2019, a fixed charge with National Westminster Bank plc was placed on the property owned by Rosedale Abbey Hotel Limited.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts owed by group undertakings

1,923

-

VAT

147

-

2,070

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

883

1

Amounts owed to group undertakings

554,600

578,072

Tax

2,467

4,633

Accrued expenses

1,200

1,199

559,150

583,905