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REGISTERED NUMBER: 04643993 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Four County Inns (Properties) Limited

Four County Inns (Properties) Limited (Registered number: 04643993)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Four County Inns (Properties) Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: E Toomer





SECRETARY: Miss M McGrath





REGISTERED OFFICE: The Barn
24 Kings Hill
Beech
Alton
Hampshire
GU34 4AL





REGISTERED NUMBER: 04643993 (England and Wales)





ACCOUNTANTS: B20 Wessex Limited
Unit 3E
Avonside Enterprise Park
New Broughton Road
Melksham
Wiltshire
SN12 8BT

Four County Inns (Properties) Limited (Registered number: 04643993)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 732,976 732,976

CURRENT ASSETS
Debtors 5 205,200 206,317
Cash at bank 256,465 308,169
461,665 514,486
CREDITORS
Amounts falling due within one year 6 521,833 554,223
NET CURRENT LIABILITIES (60,168 ) (39,737 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

672,808

693,239

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 662,808 683,239
SHAREHOLDERS' FUNDS 672,808 693,239

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 3 October 2023 and were signed by:





E Toomer - Director


Four County Inns (Properties) Limited (Registered number: 04643993)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Four County Inns (Properties) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rents received, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on cost

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.

Freehold property
The director has not applied accounting standards to the property owned by the company. The properties are purchased in a dilapidated condition, renovated and then let out. The director is not depreciating the properties.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Four County Inns (Properties) Limited (Registered number: 04643993)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2022
and 31 May 2023 732,976 150 733,126
DEPRECIATION
At 1 June 2022
and 31 May 2023 - 150 150
NET BOOK VALUE
At 31 May 2023 732,976 - 732,976
At 31 May 2022 732,976 - 732,976

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors 205,200 206,317

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 1 -
Amounts owed to group undertakings 449,015 449,015
Taxation and social security 2,609 5,762
Other creditors 70,208 99,446
521,833 554,223

7. RELATED PARTY DISCLOSURES

Monies totalling £nil (2022: £157) were transferred to/ from Four County Inns Limited, its associate company.
As at 31 May 2023 the company owed £449,015 (2022: £449,015) by its associate company.

8. ULTIMATE CONTROLLING PARTY

The controlling party is E Toomer.

The company is controlled by it's director, Mr E Toomer, who is the sole shareholder.