31 May 2022 false No description of principal activity Taxfiler 2023.10 05813221business:PrivateLimitedCompanyLtd2022-05-312023-05-30 058132212022-05-30 058132212022-05-312023-05-30 05813221business:AuditExempt-NoAccountantsReport2022-05-312023-05-30 05813221business:FilletedAccounts2022-05-312023-05-30 058132212023-05-30 05813221business:Director12022-05-312023-05-30 05813221business:RegisteredOffice2022-05-312023-05-30 058132212022-05-30 05813221core:WithinOneYear2023-05-30 05813221core:WithinOneYear2022-05-30 05813221core:AfterOneYear2023-05-30 05813221core:AfterOneYear2022-05-30 05813221core:ShareCapitalcore:PreviouslyStatedAmount2023-05-30 05813221core:ShareCapitalcore:PreviouslyStatedAmount2022-05-30 05813221core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-30 05813221core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-30 05813221core:PreviouslyStatedAmount2023-05-30 05813221core:PreviouslyStatedAmount2022-05-30 05813221business:SmallEntities2022-05-312023-05-30 05813221countries:EnglandWales2022-05-312023-05-30 05813221core:PlantMachinery2022-05-312023-05-30 05813221core:Goodwill2022-05-30 05813221core:IntangibleAssetsOtherThanGoodwill2022-05-30 05813221core:Goodwill2022-05-312023-05-30 05813221core:IntangibleAssetsOtherThanGoodwill2022-05-312023-05-30 05813221core:Goodwill2023-05-30 05813221core:IntangibleAssetsOtherThanGoodwill2023-05-30 05813221core:PlantMachinery2022-05-30 05813221core:PlantMachinery2023-05-30 058132212021-05-312022-05-30 iso4217:GBP xbrli:pure
Company Registration No. 05813221 (England and Wales)
Cheswick Inns Limited Unaudited accounts for the year ended 30 May 2023
Cheswick Inns Limited Unaudited accounts Contents
Page
- 2 -
Cheswick Inns Limited Company Information for the year ended 30 May 2023
Director
Keith F Steven
Company Number
05813221 (England and Wales)
Registered Office
Unit 7&8 The Chandlery Quayside Berwick Upon Tweed TD15 1HE
- 3 -
Cheswick Inns Limited Statement of financial position as at 30 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,400 
4,814 
Tangible assets
13,798 
18,881 
19,198 
23,695 
Current assets
Inventories
10,491 
8,654 
Debtors
8,952 
8,713 
Cash at bank and in hand
20,220 
1,731 
39,663 
19,098 
Creditors: amounts falling due within one year
(189,049)
(166,703)
Net current liabilities
(149,386)
(147,605)
Total assets less current liabilities
(130,188)
(123,910)
Creditors: amounts falling due after more than one year
(25,171)
(29,068)
Net liabilities
(155,359)
(152,978)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(155,459)
(153,078)
Shareholders' funds
(155,359)
(152,978)
For the year ending 30 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 February 2024 and were signed on its behalf by
Keith F Steven Director Company Registration No. 05813221
- 4 -
Cheswick Inns Limited Notes to the Accounts for the year ended 30 May 2023
1
Statutory information
Cheswick Inns Limited is a private company, limited by shares, registered in England and Wales, registration number 05813221. The registered office is Unit 7&8 The Chandlery, Quayside, Berwick Upon Tweed, TD15 1HE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention and on a going concern basis as the directors are confident that the company will be able to meet it's liabilities as they fall due.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 31 May 2022
13,182 
1,476 
14,658 
Additions
- 
2,333 
2,333 
At 30 May 2023
13,182 
3,809 
16,991 
Amortisation
At 31 May 2022
9,819 
25 
9,844 
Charge for the year
1,120 
627 
1,747 
At 30 May 2023
10,939 
652 
11,591 
Net book value
At 30 May 2023
2,243 
3,157 
5,400 
At 30 May 2022
3,363 
1,451 
4,814 
- 5 -
Cheswick Inns Limited Notes to the Accounts for the year ended 30 May 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 31 May 2022
74,633 
Additions
(197)
Disposals
(105)
At 30 May 2023
74,331 
Depreciation
At 31 May 2022
55,752 
Charge for the year
4,886 
On disposals
(105)
At 30 May 2023
60,533 
Net book value
At 30 May 2023
13,798 
At 30 May 2022
18,881 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,732 
3,087 
Accrued income and prepayments
3,906 
5,063 
Other debtors
2,314 
563 
8,952 
8,713 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
43,503 
15,244 
VAT
28,110 
32,124 
Trade creditors
49,546 
46,911 
Amounts owed to group undertakings and other participating interests
35,321 
30,040 
Taxes and social security
6,293 
5,714 
Other creditors
20,192 
17,683 
Accruals
2,326 
2,629 
Deferred income
3,758 
16,358 
189,049 
166,703 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
25,171 
29,068 
9
Average number of employees
During the year the average number of employees was 20 (2022: 21).
- 6 -