Silverfin false false 31/12/2023 01/01/2023 31/12/2023 Martin Bridge Andrew George Whitney 01/12/2014 27 August 2024 The principal activity during the year was that of a pub. 09335650 2023-12-31 09335650 bus:Director2 2023-12-31 09335650 2022-12-31 09335650 core:CurrentFinancialInstruments 2023-12-31 09335650 core:CurrentFinancialInstruments 2022-12-31 09335650 core:Non-currentFinancialInstruments 2023-12-31 09335650 core:Non-currentFinancialInstruments 2022-12-31 09335650 core:ShareCapital 2023-12-31 09335650 core:ShareCapital 2022-12-31 09335650 core:RetainedEarningsAccumulatedLosses 2023-12-31 09335650 core:RetainedEarningsAccumulatedLosses 2022-12-31 09335650 core:Goodwill 2022-12-31 09335650 core:Goodwill 2023-12-31 09335650 core:OtherPropertyPlantEquipment 2022-12-31 09335650 core:OtherPropertyPlantEquipment 2023-12-31 09335650 bus:OrdinaryShareClass1 2023-12-31 09335650 2023-01-01 2023-12-31 09335650 bus:FilletedAccounts 2023-01-01 2023-12-31 09335650 bus:SmallEntities 2023-01-01 2023-12-31 09335650 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 09335650 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09335650 bus:Director1 2023-01-01 2023-12-31 09335650 bus:Director2 2023-01-01 2023-12-31 09335650 core:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 09335650 2022-01-01 2022-12-31 09335650 core:Goodwill 1 2023-01-01 2023-12-31 09335650 1 2023-01-01 2023-12-31 09335650 core:Non-currentFinancialInstruments 2023-01-01 2023-12-31 09335650 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 09335650 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09335650 (England and Wales)

THE STONE TROUGH INN LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2023
Pages for filing with the registrar

THE STONE TROUGH INN LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2023

Contents

THE STONE TROUGH INN LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2023
THE STONE TROUGH INN LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2023
DIRECTORS Martin Bridge
Andrew George Whitney
REGISTERED OFFICE The Stone Trough
Kirkham Abbey
York
YO60 7JS
United Kingdom
COMPANY NUMBER 09335650 (England and Wales)
ACCOUNTANT Morrell Middleton Auditors Ltd
Chartered Certified Accountants
Wellington House
Aviator Court
York
YO30 4UZ
THE STONE TROUGH INN LIMITED

BALANCE SHEET

As at 31 December 2023
THE STONE TROUGH INN LIMITED

BALANCE SHEET (continued)

As at 31 December 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 4 33,853 59,238
33,853 59,238
Current assets
Stocks 5 4,500 4,700
Debtors 6 96,472 57,771
Cash at bank and in hand 7 70,451 45,586
171,423 108,057
Creditors: amounts falling due within one year 8 ( 299,299) ( 235,305)
Net current liabilities (127,876) (127,248)
Total assets less current liabilities (94,023) (68,010)
Creditors: amounts falling due after more than one year 9 ( 16,667) ( 26,667)
Net liabilities ( 110,690) ( 94,677)
Capital and reserves
Called-up share capital 10 1,000 1,000
Profit and loss account ( 111,690 ) ( 95,677 )
Total shareholders' deficit ( 110,690) ( 94,677)

For the financial year ending 31 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of The Stone Trough Inn Limited (registered number: 09335650) were approved and authorised for issue by the Board of Directors on 27 August 2024. They were signed on its behalf by:

Martin Bridge
Director
THE STONE TROUGH INN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
THE STONE TROUGH INN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Stone Trough Inn Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Stone Trough, Kirkham Abbey, York, YO60 7JS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill not amortised
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 20 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 22 28

3. Intangible assets

Goodwill Total
£ £
Cost
At 01 January 2023 100,000 100,000
At 31 December 2023 100,000 100,000
Accumulated amortisation
At 01 January 2023 100,000 100,000
0 0
At 31 December 2023 100,000 100,000
Net book value
At 31 December 2023 0 0
At 31 December 2022 0 0

4. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 January 2023 112,254 112,254
Additions 8,469 8,469
Disposals ( 44,621) ( 44,621)
At 31 December 2023 76,102 76,102
Accumulated depreciation
At 01 January 2023 53,016 53,016
Charge for the financial year 15,029 15,029
Disposals ( 25,796) ( 25,796)
At 31 December 2023 42,249 42,249
Net book value
At 31 December 2023 33,853 33,853
At 31 December 2022 59,238 59,238

5. Stocks

2023 2022
£ £
Stocks 4,500 4,700

6. Debtors

2023 2022
£ £
Trade debtors 1,433 1,251
Amounts owed by associates 90,879 52,383
Other debtors 4,160 4,137
96,472 57,771

7. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 70,451 45,586

8. Creditors: amounts falling due within one year

2023 2022
£ £
Bank loans 10,000 10,000
Trade creditors 24,761 21,812
Amounts owed to associates 97,433 49,064
Taxation and social security 52,767 47,717
Other creditors 114,338 106,712
299,299 235,305

9. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 16,667 26,667

There are no amounts included above in respect of which any security has been given by the small entity.

10. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each 1,000 1,000