Cleobury Inns Limited - Accounts to registrar (filleted) - small 23.1.2
Cleobury Inns Limited - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| CLEOBURY INNS LIMITED |
| Unaudited Financial Statements for the Year Ended 30 June 2022 |
| CLEOBURY INNS LIMITED (REGISTERED NUMBER: 05935858) |
| Contents of the Financial Statements |
| for the year ended 30 June 2022 |
| Page |
| Company Information | 1 |
| Chartered Accountants' Report | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 | to | 5 |
| CLEOBURY INNS LIMITED |
| Company Information |
| for the year ended 30 June 2022 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| 5 - 6 Greenfield Crescent |
| Edgbaston |
| Birmingham |
| B15 3BE |
| Chartered Accountants' Report to the Director |
| on the Unaudited Financial Statements of |
| Cleobury Inns Limited |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cleobury Inns Limited for the year ended 30 June 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the director of Cleobury Inns Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cleobury Inns Limited and state those matters that we have agreed to state to the director of Cleobury Inns Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cleobury Inns Limited and its director for our work or for this report. |
| It is your duty to ensure that Cleobury Inns Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Cleobury Inns Limited. You consider that Cleobury Inns Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Cleobury Inns Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| 5 - 6 Greenfield Crescent |
| Edgbaston |
| Birmingham |
| B15 3BE |
| CLEOBURY INNS LIMITED (REGISTERED NUMBER: 05935858) |
| Balance Sheet |
| 30 June 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital |
| Share premium account |
| Retained earnings | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| The director acknowledges her 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| CLEOBURY INNS LIMITED (REGISTERED NUMBER: 05935858) |
| Notes to the Financial Statements |
| for the year ended 30 June 2022 |
| 1. | Statutory information |
| Cleobury Inns Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax. |
| Tangible fixed assets |
| Leasehold improvements | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Government grants |
| Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
| Grants towards capital expenditure are shown as deferred income and amortised over the estimated useful life of the assets to which the grant relates. |
| CLEOBURY INNS LIMITED (REGISTERED NUMBER: 05935858) |
| Notes to the Financial Statements - continued |
| for the year ended 30 June 2022 |
| 2. | Accounting policies - continued |
| Going concern |
| The entity continues to trade with the continued support of the directors. Therefore, the directors consider that the financial statements should be prepared on a going concern basis. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| 4. | Tangible fixed assets |
| Fixtures |
| Leasehold | and | Computer |
| improvements | fittings | equipment | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1 July 2021 |
| and 30 June 2022 |
| Depreciation |
| At 1 July 2021 |
| Charge for year |
| At 30 June 2022 |
| Net book value |
| At 30 June 2022 |
| At 30 June 2021 |
| 5. | Stocks |
| 2022 | 2021 |
| £ | £ |
| Stocks |
| 6. | Debtors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Prepayments |
| 7. | Creditors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Other loans |
| Social security and other taxes |
| Pension | 175 | 365 |
| VAT | 40,421 | 13,351 |
| Other creditors |
| Directors' current accounts | 4,117 | 4,117 |
| Accrued expenses |