THE_OXFORD_HOTEL_(BATH)_L - Accounts

THE OXFORD HOTEL (BATH) LIMITED - Company Information

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Company Registration No. 03045669 (England and Wales)

THE OXFORD HOTEL (BATH) LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2014

THE OXFORD HOTEL (BATH) LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

THE OXFORD HOTEL (BATH) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

629,896

630,760

Current assets

Debtors

50,000

51,051

Cash at bank and in hand

7,633

209

57,633

51,260

Creditors: amounts falling due within one year

(236,882)

(226,768)

Net current liabilities

(179,249)

(175,508)

Total assets less current liabilities

450,647

455,252

Creditors: amounts falling due after more than one year

(159,824)

(177,252)

Provisions for liabilities

(762)

290,061

277,238

Capital and reserves

Called up share capital

1,000

Revaluation reserve

339,776

Profit and loss account

(50,715)

(63,538)

Shareholders' funds

290,061

277,238

THE OXFORD HOTEL (BATH) LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 AUGUST 2014

- 2 -

For the financial year ended 31 August 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 2 January 2015

D T P Game

Director

Company Registration No. 03045669

THE OXFORD HOTEL (BATH) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2014

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

Turnover represents amounts receivable for goods and services provided.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

No depreciation

Fixtures, fittings & equipment

15% per annum reducing balance method

1.4

Deferred taxation

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the director, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

Fixed assets

Tangible assets

Cost or valuation

At 1 September 2013 & at 31 August 2014

671,453

Depreciation

At 1 September 2013

40,693

Charge for the year

864

At 31 August 2014

41,557

Net book value

At 31 August 2014

629,896

At 31 August 2013

630,760

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £17,520 (2013 - £15,714).

The bank loan is secured by a fixed and floating charge over the assets of the company.

THE OXFORD HOTEL (BATH) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2014

- 4 -

Creditors: amounts falling due after more than one year

2014

2013

Analysis of loans repayable in more than five years

Total amounts repayable by instalments which are due in more than five years

39,344

(63,952)

The aggregate amount of creditors for which security has been given amounted to £109,424 (2013 - £126,852).

The bank loan is secured by a fixed and floating charge over the assets of the company.

Share capital

2014

2013

Allotted, called up and fully paid

1,000 Ordinary shares of £1 each

1,000

Ultimate parent company

During the year the company remained under the ulimate control of David Game College Limited, a company incorporated in England and Wales, in which D T P Game is the sole shareholder.