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REGISTERED NUMBER: 07520092 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

THE DUNCOMBE ARMS LIMITED

THE DUNCOMBE ARMS LIMITED (REGISTERED NUMBER: 07520092)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE DUNCOMBE ARMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: The Hon J E Greenall
Mrs L Greenall
J S Oddy





SECRETARY:





REGISTERED OFFICE: Wootton Hall
Wootton
Ellastone
Ashbourne
Derbyshire
DE6 2GW





REGISTERED NUMBER: 07520092 (England and Wales)





ACCOUNTANTS: Bradley Accounting Plus Ltd
41 St John Street
Ashbourne
Derbyshire
DE6 1GP

THE DUNCOMBE ARMS LIMITED (REGISTERED NUMBER: 07520092)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,725 21,731

CURRENT ASSETS
Stocks 20,933 26,020
Debtors 5 76,406 49,010
Cash at bank and in hand 526,886 663,280
624,225 738,310
CREDITORS
Amounts falling due within one year 6 175,655 245,490
NET CURRENT ASSETS 448,570 492,820
TOTAL ASSETS LESS CURRENT
LIABILITIES

470,295

514,551

PROVISIONS FOR LIABILITIES 4,127 4,128
NET ASSETS 466,168 510,423

CAPITAL AND RESERVES
Called up share capital 102 101
Retained earnings 466,066 510,322
466,168 510,423

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

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

The directors acknowledge their 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 DUNCOMBE ARMS LIMITED (REGISTERED NUMBER: 07520092)

BALANCE SHEET - continued
31 MARCH 2023


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 Board of Directors and authorised for issue on 11 September 2023 and were signed on its behalf by:





The Hon J E Greenall - Director


THE DUNCOMBE ARMS LIMITED (REGISTERED NUMBER: 07520092)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

The Duncombe Arms 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2022 - 29 ) .

THE DUNCOMBE ARMS LIMITED (REGISTERED NUMBER: 07520092)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 98,970
Additions 13,229
At 31 March 2023 112,199
DEPRECIATION
At 1 April 2022 77,239
Charge for year 13,235
At 31 March 2023 90,474
NET BOOK VALUE
At 31 March 2023 21,725
At 31 March 2022 21,731

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 3,683
Other debtors 16,539 16,990
Directors' current accounts 25,001 -
Tax 5,360 257
Prepayments 29,506 28,080
76,406 49,010

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 72,056 66,812
Tax 101 88,297
Social security and other taxes 13,944 12,185
VAT 65,685 38,887
Other creditors 1,573 -
Directors' current accounts - 3,442
Deferred income - 15,844
Accrued expenses 22,296 20,023
175,655 245,490

THE DUNCOMBE ARMS LIMITED (REGISTERED NUMBER: 07520092)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
The Hon J E Greenall
Balance outstanding at start of year - -
Amounts advanced 1 -
Amounts repaid (1 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Mrs L Greenall
Balance outstanding at start of year - -
Amounts advanced 25,000 -
Amounts repaid (25,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -