Whittocks End Accountancy Ltd
The Pavilion Rooms (Ledbury) Limited
Unaudited Filleted Accounts
30 June 2023
Registered number
09020608
The Pavilion Rooms (Ledbury) Limited
Registered number: 09020608
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Current assets
Stocks 5,830 4,906
Debtors 3 32,636 29,785
Cash at bank and in hand 58,163 20,436
96,629 55,127
Creditors: amounts falling due within one year 4 (96,423) (54,909)
Net current assets 206 218
Net assets 206 218
Capital and reserves
Called up share capital 120 120
Profit and loss account 86 98
Shareholders' funds 206 218
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D J Bennett
Director
Approved by the board on 7 November 2023
The Pavilion Rooms (Ledbury) Limited
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operation existence for the forseeable future. The company therefore continues to adopt the going concern basis in preparing the financial statements. The parent company will also provide financial support should it be required.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Governments grants
Government grants are recognised on an accruals basis and are measured at the fair value of the asset received or receivable. Grants are classified as relating to either revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Therefore actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
Key sources of estimation uncertainty
No key sources of estimation uncertainty have been identified by the directors in preparing these financial statements other than those detailed in these accounting policies.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits , and other short term highly liquid investments that are readily convertible to a known amount of cash and are subject to insignificant risk of a change in value.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company (excluding directors)
22 29
3 Debtors 2023 2022
£ £
Trade debtors 11,534 6,917
Amounts owed by group undertakings and undertakings in which the company has a participating interest 18,735 21,844
Other debtors 2,367 1,024
32,636 29,785
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,542 6,286
Corporation tax 13 13
Other taxes and social security costs 11,239 9,160
Other creditors 83,629 39,450
96,423 54,909
5 Related party transactions
During the year the company undertook transactions with its holding company in the normal course of business. The value of sales was £15,860 (2022 £9,389) and purchases totalled £24,000 (2022 £18,000).
In addition, the company made donations amounting to £74,000 (2022 £31,400) to Ledbury Rugby Club, of which £71,800 was still outstanding at the year end.
6 Controlling party
The company was under the control of Ledbury Rugby Football Club Limited, who own 100% of the issued share capital of the company. Its registered office is:
New Club House
Ross Road
Ledbury
Herefordshire
HR8 2LP
7 Other information
The Pavilion Rooms (Ledbury) Limited is a private company limited by shares and incorporated in England. Its registered office is:
New Club House
Ross Road
Ledbury
Herefordshire
HR8 2LP
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