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REGISTERED NUMBER: 11813672 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

J H Inns Ltd

J H Inns Ltd (Registered number: 11813672)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J H Inns Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: J L Harmer





SECRETARY:





REGISTERED OFFICE: Milligans
Wilton Road
Bexhill-On-Sea
United Kingdom
TN40 1HF





REGISTERED NUMBER: 11813672 (England and Wales)





ACCOUNTANTS: Stone's Accountancy Sussex Limited
398 Coast Road
Pevensey Bay
Pevensey
East Sussex
BN24 6NY

J H Inns Ltd (Registered number: 11813672)

Balance Sheet
31 January 2024

31/1/24 31/1/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,614 16,517

CURRENT ASSETS
Stocks 4,091 4,759
Cash at bank and in hand 1,851 20,127
5,942 24,886
CREDITORS
Amounts falling due within one year 5 19,360 15,073
NET CURRENT (LIABILITIES)/ASSETS (13,418 ) 9,813
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,196

26,330

CREDITORS
Amounts falling due after more than
one year

6

(14,551

)

(19,583

)

PROVISIONS FOR LIABILITIES (1,869 ) (1,557 )
NET (LIABILITIES)/ASSETS (14,224 ) 5,190

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (14,226 ) 5,188
SHAREHOLDERS' FUNDS (14,224 ) 5,190

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

J H Inns Ltd (Registered number: 11813672)

Balance Sheet - continued
31 January 2024


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 9 September 2024 and were signed by:





J L Harmer - Director


J H Inns Ltd (Registered number: 11813672)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

J H Inns 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.

Public House and Restaurant.

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.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% 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.

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.

J H Inns Ltd (Registered number: 11813672)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

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 7 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 23,380
Additions 3,000
At 31 January 2024 26,380
DEPRECIATION
At 1 February 2023 6,863
Charge for year 3,903
At 31 January 2024 10,766
NET BOOK VALUE
At 31 January 2024 15,614
At 31 January 2023 16,517

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Trade creditors 2,149 1,993
Tax 5,386 5,386
Social security and other taxes (50 ) 699
VAT 4,461 3,604
Directors' loan accounts 5,522 1,312
Accrued expenses 1,892 2,079
19,360 15,073

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31/1/24 31/1/23
£    £   
Bank loans - 2-5 years 14,551 19,583

J H Inns Ltd (Registered number: 11813672)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet, the directors loan account shown on the balance sheet was owed to the sole director of the company. The Loan is repayable on demand and therefore has had no interest charged.