IRIS Accounts Production v24.2.0.383 09105139 director 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091051392023-06-30091051392024-06-30091051392023-07-012024-06-30091051392017-06-30091051392017-07-012023-06-30091051392023-06-3009105139ns15:EnglandWales2023-07-012024-06-3009105139ns14:PoundSterling2023-07-012024-06-3009105139ns10:Director12023-07-012024-06-3009105139ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3009105139ns10:SmallEntities2023-07-012024-06-3009105139ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3009105139ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3009105139ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3009105139ns10:FullAccounts2023-07-012024-06-3009105139ns10:RegisteredOffice2023-07-012024-06-3009105139ns5:CurrentFinancialInstruments2024-06-3009105139ns5:CurrentFinancialInstruments2023-06-3009105139ns5:ShareCapital2024-06-3009105139ns5:ShareCapital2023-06-3009105139ns5:RetainedEarningsAccumulatedLosses2024-06-3009105139ns5:RetainedEarningsAccumulatedLosses2023-06-3009105139ns5:LandBuildings2023-06-3009105139ns5:PlantMachinery2023-06-3009105139ns5:LandBuildings2023-07-012024-06-3009105139ns5:PlantMachinery2023-07-012024-06-3009105139ns5:LandBuildings2024-06-3009105139ns5:PlantMachinery2024-06-3009105139ns5:LandBuildings2023-06-3009105139ns5:PlantMachinery2023-06-3009105139ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3009105139ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30
REGISTERED NUMBER: 09105139 (England and Wales)










The Railway Inn (Skipton) Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2024






The Railway Inn (Skipton) Ltd (Registered number: 09105139)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Railway Inn (Skipton) Ltd

Company Information
for the year ended 30 June 2024







DIRECTOR: Ms C Boothman





REGISTERED OFFICE: Suite 3, Aireside House
Aireside Business Centre
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ





REGISTERED NUMBER: 09105139 (England and Wales)





ACCOUNTANTS: Walkers Accountants Limited
Aireside House
Aireside Business Centre
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ

The Railway Inn (Skipton) Ltd (Registered number: 09105139)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 272,822 280,782

CURRENT ASSETS
Stocks 3,126 2,397
Debtors 5 918 -
Cash at bank and in hand 110,351 122,967
114,395 125,364
CREDITORS
Amounts falling due within one year 6 (138,978 ) (190,031 )
NET CURRENT LIABILITIES (24,583 ) (64,667 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

248,239

216,115

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 248,238 216,114
SHAREHOLDERS' FUNDS 248,239 216,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 12 August 2024 and were signed by:





Ms C Boothman - Director


The Railway Inn (Skipton) Ltd (Registered number: 09105139)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

The Railway Inn (Skipton) Ltd 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.

Revenue recognition
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.

All tangible fixed assets are at cost less accumulated depreciation. Cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Assets held under finance lease are depreciated in the same manner as owned assets.

Renewals, repairs and maintenance are charged to profit and loss during the period in which they are incurred.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using a mixture of methods. The depreciation bases are as detailed above.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are credited or charged to the income statement.

Impairment of fixed assets
At each balance sheet date, the Company reviews the carrying amounts of its property, plant and equipment to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indications exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less that its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Where an impairment loss subsequently reserves, the carrying amount of the asset is increased to the revised estimate of its recoverable amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in the prior years. A reversal of an impairment loss is recognised as income immediately.

The Railway Inn (Skipton) Ltd (Registered number: 09105139)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stocks are measured at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value is the price at which stocks can be sold in the normal course of business after allowing for costs of realisation. Provision is made where necessary for obsolete, slow moving, and defective stocks.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. Impairment loss is recognised immediately in the profit and loss.

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.

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 15 (2023 - 12 ) .

The Railway Inn (Skipton) Ltd (Registered number: 09105139)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 174,895 200,336 375,231
Additions - 1,540 1,540
At 30 June 2024 174,895 201,876 376,771
DEPRECIATION
At 1 July 2023 20,987 73,462 94,449
Charge for year 3,498 6,002 9,500
At 30 June 2024 24,485 79,464 103,949
NET BOOK VALUE
At 30 June 2024 150,410 122,412 272,822
At 30 June 2023 153,908 126,874 280,782

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 918 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 18,443 11,114
Taxation and social security 42,957 14,914
Other creditors 77,578 164,003
138,978 190,031