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REGISTERED NUMBER: 04700231 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

LA FLEUR DE LYS LIMITED

LA FLEUR DE LYS LIMITED (REGISTERED NUMBER: 04700231)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LA FLEUR DE LYS LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2023







DIRECTORS: D J R Griffin-Shepherd
Mrs D M Griffin-Shepherd
M Preston
M I A Hughes





SECRETARY: Mrs D M Griffin-Shepherd





REGISTERED OFFICE: 32 The Square
Gillingham
Dorset
SP8 4AR





REGISTERED NUMBER: 04700231 (England and Wales)





ACCOUNTANTS: Andrews and Palmer
Chartered Accountants
32 The Square
Gillingham
Dorset
SP8 4AR

LA FLEUR DE LYS LIMITED (REGISTERED NUMBER: 04700231)

BALANCE SHEET
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,860 19,283
Tangible assets 5 754,253 742,822
767,113 762,105

CURRENT ASSETS
Stocks 3,250 3,250
Debtors 6 2,042 1,741
Cash at bank and in hand 22,112 62,595
27,404 67,586
CREDITORS
Amounts falling due within one year 7 58,409 64,046
NET CURRENT (LIABILITIES)/ASSETS (31,005 ) 3,540
TOTAL ASSETS LESS CURRENT
LIABILITIES

736,108

765,645

CREDITORS
Amounts falling due after more than one
year

8

(496,126

)

(546,852

)

PROVISIONS FOR LIABILITIES (6,950 ) (8,352 )
NET ASSETS 233,032 210,441

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 232,932 210,341
SHAREHOLDERS' FUNDS 233,032 210,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LA FLEUR DE LYS LIMITED (REGISTERED NUMBER: 04700231)

BALANCE SHEET - continued
30 November 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 Board of Directors and authorised for issue on 26 August 2024 and were signed on its behalf by:





D J R Griffin-Shepherd - Director


LA FLEUR DE LYS LIMITED (REGISTERED NUMBER: 04700231)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

La Fleur de Lys 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.

Turnover
Turnover represents net invoiced sales of rooms and restaurant takings, excluding value added tax. Turnover is recognised in the period in which the goods are dispatched or the service is performed.

Goodwill
Goodwill is the amount paid in accordance with the acquisition of a business in 2003. Although the Directors believe there has been no diminution in the goodwill, goodwill is to be amortised over the remaining 10 year period in accordance with FRS 102 1A.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:-

Land : not depreciated

Buildings: depreciated over 200 or 50 years to its estimated residual value.

Fixtures and Fittings: 10% straight line basis.

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.


LA FLEUR DE LYS LIMITED (REGISTERED NUMBER: 04700231)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 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.

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 14 (2022 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 96,500 170 96,670
AMORTISATION
At 1 December 2022 77,285 102 77,387
Charge for year 6,406 17 6,423
At 30 November 2023 83,691 119 83,810
NET BOOK VALUE
At 30 November 2023 12,809 51 12,860
At 30 November 2022 19,215 68 19,283

LA FLEUR DE LYS LIMITED (REGISTERED NUMBER: 04700231)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 December 2022 799,902 191,544 991,446
Additions 7,911 6,843 14,754
At 30 November 2023 807,813 198,387 1,006,200
DEPRECIATION
At 1 December 2022 64,247 184,377 248,624
Charge for year 4,918 (1,595 ) 3,323
At 30 November 2023 69,165 182,782 251,947
NET BOOK VALUE
At 30 November 2023 738,648 15,605 754,253
At 30 November 2022 735,655 7,167 742,822

Included in cost of land and buildings is freehold land of £ 225,000 (2022 - £ 225,000 ) which is not depreciated.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 2,042 1,741

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 5,159 6,200
Trade creditors 17,179 17,413
Taxation and social security 23,904 30,215
Other creditors 12,167 10,218
58,409 64,046

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 32,511 43,800
Other creditors 463,615 503,052
496,126 546,852

LA FLEUR DE LYS LIMITED (REGISTERED NUMBER: 04700231)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.11.23 30.11.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loan repayable in five
years or more 9,997 10,658
9,997 10,658

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Directors loan 365,956 405,393

As at 30.11.23 also included in secured liabilities was £37,761 (2022: £50,000) which Lloyds TSB bank has a fixed charge over the building, goodwill, plant and machinery and a floating charge over unattached
plant, chattels and goods in connection with the business, as part of the mortgage charge.

Lloyds TSB bank also holds a further fixed and floating charge over the undertaking and all
property, assets present and future, including goodwill, book debts, uncalled capital buildings, fixtures
and plant and machinery.

The directors, D Shepherd, M Griffin and M Preston also hold a fixed and floating charge over the
underdertaking and all property, assets present and future, including goodwill, book debts, uncalled
capital buildings, fixtures and plant and machinery with regards to the combined directors loans
outstanding of £365,956 (2022: £405,393).









10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

LA FLEUR DE LYS LIMITED (REGISTERED NUMBER: 04700231)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed the directors and associated funds the following loans due and payable in more than one year:

D J R Shepherd, Mrs D M Griffin and M Preston combined directors loans £365,956 (2022: £405,393).

The £365,956 (2022: £405,393) loans from the directors are interest free.

Also, included in creditors due within more than one year, is accrued interest payable on the loan from the W Hughes Ltd Executive Pension Scheme, which is subject to various covenants and distributable reserve conditions. The amounts accrued were as follows:

W Hughes Ltd Executive Pension Scheme £97,659 (2022: £97,659). No further interest has been accrued as the capital from the loan from the W Hughes Executive Pension Scheme was repaid last year.
D J R Shepherd, Mrs D M Griffin and M Preston, combined £Nil (2022: £Nil).

12. RELATED PARTY DISCLOSURES

The director, M Hughes, is one of five trustees for W Hughes Ltd Executive Pension Scheme.

13. CONTINGENT ASSET

On the 16th May 2024 the company received an insurance payout of £20,661.00 net of fees relating to an insurance claim made for Covid Business Interruption between the 23rd March 2020 and the 4th July 2020. The claim was made before the 30th November 2023. Confirmation of the amount receivable was provided on the 3rd May 2024.