SEFTON HOSPITALITY OPERATIONS LTD

SEFTON HOSPITALITY OPERATIONS LTD - Company Information

2022-04-012023-03-312023-03-31false13451207SEFTON HOSPITALITY OPERATIONS LTD2023-12-1955100iso4217:GBPxbrli:pure134512072022-04-01134512072023-03-31134512072022-04-012023-03-31134512072021-06-11134512072022-03-31134512072021-06-112022-03-3113451207bus:SmallEntities2022-04-012023-03-3113451207bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3113451207bus:FullAccounts2022-04-012023-03-3113451207bus:PrivateLimitedCompanyLtd2022-04-012023-03-3113451207core:WithinOneYear2023-03-3113451207core:AfterOneYear2023-03-3113451207core:WithinOneYear2022-03-3113451207core:AfterOneYear2022-03-3113451207core:ShareCapital2023-03-3113451207core:SharePremium2023-03-3113451207core:RevaluationReserve2023-03-3113451207core:OtherReservesSubtotal2023-03-3113451207core:RetainedEarningsAccumulatedLosses2023-03-3113451207core:ShareCapital2022-03-3113451207core:SharePremium2022-03-3113451207core:RevaluationReserve2022-03-3113451207core:OtherReservesSubtotal2022-03-3113451207core:RetainedEarningsAccumulatedLosses2022-03-3113451207core:LandBuildings2023-03-3113451207core:PlantMachinery2023-03-3113451207core:Vehicles2023-03-3113451207core:FurnitureFittings2023-03-3113451207core:OfficeEquipment2023-03-3113451207core:NetGoodwill2023-03-3113451207core:IntangibleAssetsOtherThanGoodwill2023-03-3113451207core:ListedExchangeTraded2023-03-3113451207core:UnlistedNon-exchangeTraded2023-03-3113451207core:LandBuildings2022-03-3113451207core:PlantMachinery2022-03-3113451207core:Vehicles2022-03-3113451207core:FurnitureFittings2022-03-3113451207core:OfficeEquipment2022-03-3113451207core:NetGoodwill2022-03-3113451207core:IntangibleAssetsOtherThanGoodwill2022-03-3113451207core:ListedExchangeTraded2022-03-3113451207core:UnlistedNon-exchangeTraded2022-03-3113451207core:LandBuildings2022-04-012023-03-3113451207core:PlantMachinery2022-04-012023-03-3113451207core:Vehicles2022-04-012023-03-3113451207core:FurnitureFittings2022-04-012023-03-3113451207core:OfficeEquipment2022-04-012023-03-3113451207core:NetGoodwill2022-04-012023-03-3113451207core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3113451207core:ListedExchangeTraded2022-04-012023-03-3113451207core:UnlistedNon-exchangeTraded2022-04-012023-03-3113451207core:MoreThanFiveYears2022-04-012023-03-3113451207core:Non-currentFinancialInstruments2023-03-3113451207core:Non-currentFinancialInstruments2022-03-3113451207dpl:CostSales2022-04-012023-03-3113451207dpl:DistributionCosts2022-04-012023-03-3113451207core:LandBuildings2022-04-012023-03-3113451207core:PlantMachinery2022-04-012023-03-3113451207core:Vehicles2022-04-012023-03-3113451207core:FurnitureFittings2022-04-012023-03-3113451207core:OfficeEquipment2022-04-012023-03-3113451207dpl:AdministrativeExpenses2022-04-012023-03-3113451207core:NetGoodwill2022-04-012023-03-3113451207core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3113451207dpl:GroupUndertakings2022-04-012023-03-3113451207dpl:ParticipatingInterests2022-04-012023-03-3113451207dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3113451207core:ListedExchangeTraded2022-04-012023-03-3113451207dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3113451207core:UnlistedNon-exchangeTraded2022-04-012023-03-3113451207dpl:CostSales2021-06-112022-03-3113451207dpl:DistributionCosts2021-06-112022-03-3113451207core:LandBuildings2021-06-112022-03-3113451207core:PlantMachinery2021-06-112022-03-3113451207core:Vehicles2021-06-112022-03-3113451207core:FurnitureFittings2021-06-112022-03-3113451207core:OfficeEquipment2021-06-112022-03-3113451207dpl:AdministrativeExpenses2021-06-112022-03-3113451207core:NetGoodwill2021-06-112022-03-3113451207core:IntangibleAssetsOtherThanGoodwill2021-06-112022-03-3113451207dpl:GroupUndertakings2021-06-112022-03-3113451207dpl:ParticipatingInterests2021-06-112022-03-3113451207dpl:GroupUndertakingscore:ListedExchangeTraded2021-06-112022-03-3113451207core:ListedExchangeTraded2021-06-112022-03-3113451207dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-06-112022-03-3113451207core:UnlistedNon-exchangeTraded2021-06-112022-03-3113451207core:NetGoodwill2023-03-3113451207core:IntangibleAssetsOtherThanGoodwill2023-03-3113451207core:LandBuildings2023-03-3113451207core:PlantMachinery2023-03-3113451207core:Vehicles2023-03-3113451207core:FurnitureFittings2023-03-3113451207core:OfficeEquipment2023-03-3113451207core:AfterOneYear2023-03-3113451207core:WithinOneYear2023-03-3113451207core:ListedExchangeTraded2023-03-3113451207core:UnlistedNon-exchangeTraded2023-03-3113451207core:ShareCapital2023-03-3113451207core:SharePremium2023-03-3113451207core:RevaluationReserve2023-03-3113451207core:OtherReservesSubtotal2023-03-3113451207core:RetainedEarningsAccumulatedLosses2023-03-3113451207core:NetGoodwill2022-03-3113451207core:IntangibleAssetsOtherThanGoodwill2022-03-3113451207core:LandBuildings2022-03-3113451207core:PlantMachinery2022-03-3113451207core:Vehicles2022-03-3113451207core:FurnitureFittings2022-03-3113451207core:OfficeEquipment2022-03-3113451207core:AfterOneYear2022-03-3113451207core:WithinOneYear2022-03-3113451207core:ListedExchangeTraded2022-03-3113451207core:UnlistedNon-exchangeTraded2022-03-3113451207core:ShareCapital2022-03-3113451207core:SharePremium2022-03-3113451207core:RevaluationReserve2022-03-3113451207core:OtherReservesSubtotal2022-03-3113451207core:RetainedEarningsAccumulatedLosses2022-03-3113451207core:NetGoodwill2021-06-1113451207core:IntangibleAssetsOtherThanGoodwill2021-06-1113451207core:LandBuildings2021-06-1113451207core:PlantMachinery2021-06-1113451207core:Vehicles2021-06-1113451207core:FurnitureFittings2021-06-1113451207core:OfficeEquipment2021-06-1113451207core:AfterOneYear2021-06-1113451207core:WithinOneYear2021-06-1113451207core:ListedExchangeTraded2021-06-1113451207core:UnlistedNon-exchangeTraded2021-06-1113451207core:ShareCapital2021-06-1113451207core:SharePremium2021-06-1113451207core:RevaluationReserve2021-06-1113451207core:OtherReservesSubtotal2021-06-1113451207core:RetainedEarningsAccumulatedLosses2021-06-1113451207core:AfterOneYear2022-04-012023-03-3113451207core:WithinOneYear2022-04-012023-03-3113451207core:Non-currentFinancialInstrumentscore:CostValuation2022-04-012023-03-3113451207core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-012023-03-3113451207core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-012023-03-3113451207core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-012023-03-3113451207core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-012023-03-3113451207core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-012023-03-3113451207core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3113451207core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3113451207core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3113451207core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3113451207core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3113451207core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3113451207core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3113451207core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3113451207core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3113451207core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3113451207core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3113451207core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3113451207core:Non-currentFinancialInstrumentscore:CostValuation2022-03-3113451207core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-3113451207core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-3113451207core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-3113451207core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-3113451207core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-3113451207core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-3113451207core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-3113451207core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-3113451207bus:Director12022-04-012023-03-3113451207bus:Director22022-04-012023-03-3113451207core:FurnitureFittingsToolsEquipment2022-03-3113451207core:FurnitureFittingsToolsEquipment2022-04-012023-03-3113451207core:FurnitureFittingsToolsEquipment2023-03-31

Registered Number
13451207
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

SEFTON HOSPITALITY OPERATIONS LTD

Company Information
for the year from 1 April 2022 to 31 March 2023


Directors	HOWARD, Christine Catherine
	REILLY, Paul Anthony


Registered Address	Magdalen House 30 Trinity Road
	Bootle
	Liverpool
	L20 3NJ


Registered Number	13451207 (England and Wales)

SEFTON HOSPITALITY OPERATIONS LTD

Balance Sheet as at
31 March 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	5		193,951		290
			193,951		290
Current assets
Stocks	6	18,007		-
Debtors	7	49,528		28,148
Cash at bank and on hand		439,668		4,428
		507,203		32,576
Creditors amounts falling due within one year	8	(428,475)		(51,537)
Net current assets (liabilities)			78,728		(18,961)
Total assets less current liabilities			272,679		(18,671)
Creditors amounts falling due after one year	9		(1,086,259)		(65,837)
Net assets			(813,580)		(84,508)
Capital and reserves
Profit and loss account			(813,580)		(84,508)
Shareholders' funds			(813,580)		(84,508)

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 19 December 2023, and are signed on its behalf by:

HOWARD, Christine Catherine
Director
Registered Company No. 13451207

SEFTON HOSPITALITY OPERATIONS LTD

Notes to the Financial Statements
for the year ended 31 March 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Stocks policy
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

4.	Employee information


		2023		2022
	Average number of employees during the year	51		3

5.	Property, plant and equipment

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 22	-	290	-	-	290
Additions	52,769	127,079	2,100	19,585	201,533
At 31 March 23	52,769	127,369	2,100	19,585	201,823
Depreciation and impairment
Charge for year	2,980	3,822	245	825	7,872
At 31 March 23	2,980	3,822	245	825	7,872
Net book value
At 31 March 23	49,789	123,547	1,855	18,760	193,951
At 31 March 22	-	290	-	-	290

6.	Stocks

	2023	2022
	£	£
Finished goods	18,007	-
Total	18,007	-

7.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	304	152
Other debtors	16,550	12,162
Prepayments and accrued income	32,674	15,834
Total	49,528	28,148


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

8.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	259,277	25,801
Bank borrowings and overdrafts	1,150	-
Taxation and social security	21,869	3,868
Other creditors	27,633	21,868
Accrued liabilities and deferred income	118,546	-
Total	428,475	51,537


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9.	Creditors after one year

	2023	2022
	£	£
Other creditors	1,086,259	65,837
Total	1,086,259	65,837


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method