Rosemount Hotel Limited - Limited company - abbreviated

REGISTERED NUMBER: 06418222 (England and Wales)

ROSEMOUNT HOTEL LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M J White

D J White

SECRETARY:

M D White

REGISTERED OFFICE:

61-63 Staines Road

Hounslow

Middlesex

TW3 3JQ

REGISTERED NUMBER:

06418222 (England and Wales)

FIXED ASSETS

Tangible assets

2

4,220

2,899

Investments

3

988,635

992,855

991,534

CURRENT ASSETS

Stocks

1,250

Debtors

85,278

27,215

Prepayments and accrued income

14,659

11,732

Cash at bank and in hand

190,440

126,552

291,627

166,749

CREDITORS

Amounts falling due within one year

(156,825

)

(163,469

)

NET CURRENT ASSETS

134,802

3,280

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,127,657

994,814

PROVISIONS FOR LIABILITIES

(844

)

(580

)

NET ASSETS

1,126,813

994,234

CAPITAL AND RESERVES

Called up share capital

4

1,000

Share premium

987,645

Profit and loss account

138,168

5,589

SHAREHOLDERS' FUNDS

1,126,813

994,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23 September 2015 and were signed on
its behalf by:

M J White - Director

1.	ACCOUNTING POLICIES

Basis of preparation

The financial statements are prepared in accordance with applicable United Kingdom Accounting

Standards (United Kingdom Generally Accepted Accounting Practice) which have been applied

consistently (except as otherwise stated).

The accounts are prepared on a going concern basis. The use of the going concern basis of

accounting is appropriate because there are no material uncertainties related to events or conditions

that may cast significant doubt about the ability of the company to continue as a going concern.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Preparation of consolidated financial statements

The financial statements contain information about Rosemount Hotel Limited as an individual company

and do not contain consolidated financial information as the parent of a group. The company has taken

the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial

statements.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents net invoiced sales of accommodation, food and drink, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

8,789

Additions

2,261

At 31 December 2014

11,050

DEPRECIATION

At 1 January 2014

5,890

Charge for year

940

At 31 December 2014

6,830

NET BOOK VALUE

At 31 December 2014

4,220

At 31 December 2013

2,899

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

and 31 December 2014

988,635

NET BOOK VALUE

At 31 December 2014

988,635

At 31 December 2013

988,635

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

Bray Developments Limited

Nature of business: Property holding company

%

Class of shares:

holding

Ordinary

100.00

31.5.14

31.5.13

£

Aggregate capital and reserves

1,028,826

1,027,822

Profit/(loss) for the year

1,004

(22,045

)

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1,000

Ordinary

£1

1,000

Rosemount Hotel Limited - Limited company - abbreviated - 11.6

Rosemount Hotel Limited - Limited company - abbreviated - 11.6