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Hello Lucy
I would be inclined to discuss this with the accountant. Chances are there will be some things that will be revenue expenditure and some capital expenditure, depending on the exact nature of it. You may have to do a bit of splitting out. I would have thought much of it can be capitalised and AIAs or CAs claimed, which I believe are more generous for hotels.
Basically, I would apply the test: is this a like for like repair? If the answer is yes, it's probably a R&M expense and can go in the P&L - if it's to go in the balance sheet, make sure there's a CA available before you do it.
As, I say, probably safest to discuss with the accountant, but hopefully this will brief you with what to discuss with him :-)
Phil
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