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REGISTERED NUMBER: 06438293 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

THE NEW INN AT AMROTH LIMITED

THE NEW INN AT AMROTH LIMITED (REGISTERED NUMBER: 06438293)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE NEW INN AT AMROTH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: J P Luger





SECRETARY: Miss K L Davies





REGISTERED OFFICE: Court House
Court Road
Bridgend
CF31 1BE





REGISTERED NUMBER: 06438293 (England and Wales)





ACCOUNTANTS: Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1BE

THE NEW INN AT AMROTH LIMITED (REGISTERED NUMBER: 06438293)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 11,740
Tangible assets 5 69,726 82,031
69,726 93,771

CURRENT ASSETS
Stocks - 3,000
Debtors 6 68,711 76,347
Cash at bank and in hand 122,881 230,198
191,592 309,545
CREDITORS
Amounts falling due within one year 7 58,687 50,504
NET CURRENT ASSETS 132,905 259,041
TOTAL ASSETS LESS CURRENT
LIABILITIES

202,631

352,812

CREDITORS
Amounts falling due after more than one
year

8

-

(54,166

)

PROVISIONS FOR LIABILITIES - (10,420 )
NET ASSETS 202,631 288,226

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 202,531 288,126
SHAREHOLDERS' FUNDS 202,631 288,226

THE NEW INN AT AMROTH LIMITED (REGISTERED NUMBER: 06438293)

BALANCE SHEET - continued
31 DECEMBER 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 11 July 2024 and were signed by:





J P Luger - Director


THE NEW INN AT AMROTH LIMITED (REGISTERED NUMBER: 06438293)

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


1. STATUTORY INFORMATION

The New Inn at Amroth 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

These accounts have been prepared on the break up basis as the company is no longer a going concern due to the company intending to enter voluntary liquidation within six months of the year end.

Turnover
Turnover is measured at the fair value of the consideration received or receivable excluding value added tax.

Turnover is recognised at the point of sale.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on 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.


THE NEW INN AT AMROTH LIMITED (REGISTERED NUMBER: 06438293)

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


2. ACCOUNTING POLICIES - continued
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 4 (2022 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 46,950
AMORTISATION
At 1 January 2023 35,210
Charge for year 11,740
At 31 December 2023 46,950
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 11,740

THE NEW INN AT AMROTH LIMITED (REGISTERED NUMBER: 06438293)

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


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 230,955
DEPRECIATION
At 1 January 2023 148,924
Charge for year 12,305
At 31 December 2023 161,229
NET BOOK VALUE
At 31 December 2023 69,726
At 31 December 2022 82,031

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 68,711 76,347

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 54,167 16,667
Trade creditors - 3,412
Taxation and social security 920 24,623
Other creditors 3,600 5,802
58,687 50,504

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 54,166

THE NEW INN AT AMROTH LIMITED (REGISTERED NUMBER: 06438293)

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


9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
J P Luger
Balance outstanding at start of year 74,123 -
Amounts advanced 64,730 74,123
Amounts repaid (74,123 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 64,730 74,123

Loans due to the company are repayable on demand.

10. RELATED PARTY DISCLOSURES

During the year the business rented premises from the director at a cost of £nil (2022: £5,000).