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REGISTERED NUMBER: 06923577















Unaudited Financial Statements for the Year Ended 31 May 2023

for

ANCHOR INN (SUTTON BONINGTON) LTD

ANCHOR INN (SUTTON BONINGTON) LTD (Registered number: 06923577)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ANCHOR INN (SUTTON BONINGTON) LTD

Company Information
for the Year Ended 31 May 2023







DIRECTOR: J F Ward





SECRETARY:





REGISTERED OFFICE: Temple Chambers
16A Belvoir Road
Coalville
Leics
LE67 3QE





REGISTERED NUMBER: 06923577





ACCOUNTANTS: Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Road
Coalville
Leics
LE67 3QE

ANCHOR INN (SUTTON BONINGTON) LTD (Registered number: 06923577)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,603 828

CURRENT ASSETS
Stocks 6,120 3,865
Cash at bank and in hand 86,271 63,679
92,391 67,544
CREDITORS
Amounts falling due within one year 5 51,235 33,125
NET CURRENT ASSETS 41,156 34,419
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,759

35,247

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 42,659 35,147
SHAREHOLDERS' FUNDS 42,759 35,247

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.

ANCHOR INN (SUTTON BONINGTON) LTD (Registered number: 06923577)

Balance Sheet - continued
31 May 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 director and authorised for issue on 1 February 2024 and were signed by:





J F Ward - Director


ANCHOR INN (SUTTON BONINGTON) LTD (Registered number: 06923577)

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


1. STATUTORY INFORMATION

ANCHOR INN (SUTTON BONINGTON) LTD is a private company, limited by shares , registered in Not specified/Other. 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.

Plant & machinery 15% reducing balance.

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.

ANCHOR INN (SUTTON BONINGTON) LTD (Registered number: 06923577)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 5,060
Additions 950
At 31 May 2023 6,010
DEPRECIATION
At 1 June 2022 4,232
Charge for year 175
At 31 May 2023 4,407
NET BOOK VALUE
At 31 May 2023 1,603
At 31 May 2022 828

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 5,019 3,474
Other creditors 46,216 29,651
51,235 33,125