Russell Lodge Hotel Limited in Brighton, BN1 6AF

Description

Data updated on: 01-11-2023

1988 is the date that marks the start of Russell Lodge Hotel Limited, a company which is situated at 4th Floor Park Gate, 161-163 Preston Road, Brighton. This means it's been thirty six years Russell Lodge Hotel has been in the UK, as it was registered on 1988/03/31. The company's registration number is 02238303 and the zip code is BN1 6AF. The firm's Standard Industrial Classification Code is 68201 and their NACE code stands for Renting and operating of Housing Association real estate. The business latest filed accounts documents cover the period up to 31st December 2021 and the most recent annual confirmation statement was released on 1st September 2023.

1 transaction have been registered in 2015 with a sum total of £18,746. In 2014 there was a similar number of transactions (exactly 4) that added up to £83,636. The Council conducted 2 transactions in 2013, this added up to £79,310. All the transactions taken into account were valued at 500 pounds or more. In total, the company conducted 46 transactions and issued invoices for £327,600. Cooperation with the Brighton & Hove City council covered the following areas: S Svcs - Mental Health.

The directors currently chosen by this specific business are as follow: Margaret R. , Conor R. appointed in 2023, Kyla R. appointed in 2013 in September and 2 others listed below. To help the directors in their tasks, the business has been utilizing the skills of Margaret R. as a secretary since 2003.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	2 204 252	2 264 597	2 351 289	2 441 445

Balance Sheet
Cash Bank On Hand				60 881	52 258	52 495	40 197	31 957	53 982	68 065	79 060
Current Assets	72 507	78 760	78 005	72 664	72 592	68 595	62 831	37 674	56 403	70 471	80 267
Debtors	3 339	5 665		11 783	20 334	16 100	22 634	5 717	2 421	2 406	1 207
Net Assets Liabilities					3 775 299	3 876 093	3 963 096	3 989 268	4 050 932	4 494 286	4 529 174
Other Debtors					133		4 980	67	400	383	127
Property Plant Equipment				6 599	3 362	2 858	2 620	2 227	1 893	1 609	1 368
Cash Bank In Hand	69 168	73 095	78 005	60 881
Intangible Fixed Assets	1	1	1	1
Tangible Fixed Assets	3 009 668	3 008 218	3 006 985	3 006 599
Trade Debtors	3 339	5 665		11 783

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	72 064	132 409	219 101	309 257
Shareholder Funds	2 204 252	2 264 597	2 351 289	2 441 445

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment				59 125	37 639	38 143	38 694	39 087	39 421	39 705	39 946
Administrative Expenses	71 947	84 039	67 005	79 600	98 934	97 365	99 720
Average Number Employees During Period							4	4	4	2	2
Bank Borrowings				430 707	374 189	314 652	253 881
Bank Borrowings Overdrafts		488 411	433 275	374 211	314 651	253 881	194 343	157 128	84 964	47 324	4 578
Corporation Tax Payable				22 547	20 418	20 621	21 573	5 148	19 561	12 911	8 375
Creditors				263 608	314 651	253 881	194 343	157 128	84 964	47 324	4 578
Current Tax For Period				22 547	20 418	20 621	21 573
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				9 053	76 090	-15 585	-57
Dividends Paid					5 000
Fixed Assets	3 009 669	3 008 219	3 006 986	3 006 600	4 803 363	4 802 858	4 802 620	4 802 227	4 801 893	5 281 609	5 281 368
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss				70 000	450 000
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model										480 000
Increase From Depreciation Charge For Year Property Plant Equipment					593	504	551	393	334	284	241
Intangible Assets				1	1
Intangible Assets Gross Cost				1	1
Interest Payable Similar Charges Finance Costs				7 376	8 978	5 958	4 726
Investment Property				4 350 000	4 800 000	4 800 000	4 800 000	4 800 000	4 800 000	5 280 000	5 280 000
Investment Property Fair Value Model							4 800 000	4 800 000	4 800 000	5 280 000
Net Current Assets Liabilities	261 751	255 211	-222 422	-190 944	-173 540	-148 596	-120 950	-131 635	-141 622	-124 793	-132 196
Number Shares Issued Fully Paid					1 000	1 000
Operating Profit Loss	119 212	112 121	133 925	120 079	108 123	111 788	113 245
Other Creditors				172 425	143 914	98 484	46 469	85 928	95 813	141 510	183 644
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					22 079
Other Disposals Intangible Assets						1
Other Disposals Property Plant Equipment					24 843
Other Taxation Social Security Payable				1 409	416	333	301	967	832	626	1 959
Par Value Share		1	1	1	1	1
Profit Loss				151 103	452 637	100 794	87 003
Profit Loss On Ordinary Activities Before Tax	106 710	100 661	123 565	182 703	549 145	105 830	108 519
Property Plant Equipment Gross Cost				65 724	41 001	41 001	41 314	41 314	41 314	41 314
Provisions For Liabilities Balance Sheet Subtotal					539 873	524 288	524 231	524 196	524 375	615 206	615 420
Tax Tax Credit On Profit Or Loss On Ordinary Activities				31 600	96 508	5 036	21 516
Total Additions Including From Business Combinations Property Plant Equipment					120		313
Total Assets Less Current Liabilities	2 747 918	2 753 008	2 784 564	2 815 656	4 629 823	4 654 262	4 681 670	4 670 592	4 660 271	5 156 816	5 149 172
Total Borrowings					314 651	253 881	194 343
Trade Creditors Trade Payables				10 731	21 846	36 982	55 900	6 695	8 422	6 272	3 004
Trade Debtors Trade Receivables				11 783	20 201	16 100	17 654	5 650	2 021	2 023	1 080
Turnover Revenue				199 679	207 057	209 153	212 965
Director Remuneration Benefits Excluding Payments To Third Parties	10 400	24 167	22 850	15 300
Bank Overdrafts	53 496	54 696	54 696	56 496
Creditors Due After One Year	543 666	488 411	433 275	374 211
Creditors Due Within One Year	334 258	333 971	300 427	263 608
Depreciation Tangible Fixed Assets Expense	1 688	1 450	1 233	1 164
Intangible Fixed Assets Cost Or Valuation		1	1	1
Interest Payable Similar Charges	12 502	11 460	10 360
Net Assets Liability Excluding Pension Asset Liability	2 204 252	2 264 597	2 351 289	2 441 445
Number Shares Allotted		1 000	1 000	1 000
Other Creditors Due Within One Year	257 696	250 863	215 388	172 425
Other Taxation Social Security Within One Year	21 546	20 316	24 873	23 956
Profit Loss For Period	85 164	80 345	98 692
Revaluation Reserve	1 803 188	1 803 188	1 803 188	1 803 188
Share Capital Allotted Called Up Paid	1 000	1 000	1 000	1 000
Share Premium Account	328 000	328 000	328 000	328 000
Tangible Fixed Assets Additions				778
Tangible Fixed Assets Cost Or Valuation		3 064 946	3 064 946	3 065 724
Tangible Fixed Assets Depreciation	55 278	56 728	57 961	59 125
Tangible Fixed Assets Depreciation Charged In Period		1 450	1 233	1 164
Tax On Profit Or Loss On Ordinary Activities	21 546	20 316	24 873
Total U K Foreign Current Tax After Adjustments Relief	21 546	20 316	24 873
Trade Creditors Within One Year	1 520	8 096	5 470	10 731
Turnover Gross Operating Revenue	191 159	196 160	200 930
U K Current Corporation Tax On Income For Period	21 546	20 316	24 873
Unrelieved Tax Losses Carried Forward	217 423	217 423	217 423