Three Lions Dining Group LTD 13050635 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is of running a public house Digita Accounts Production Advanced 6.30.9574.0 true true 13050635 2022-12-01 2023-11-30 13050635 2023-11-30 13050635 bus:OrdinaryShareClass1 2023-11-30 13050635 core:CurrentFinancialInstruments 2023-11-30 13050635 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 13050635 core:FurnitureFittingsToolsEquipment 2023-11-30 13050635 bus:SmallEntities 2022-12-01 2023-11-30 13050635 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 13050635 bus:FilletedAccounts 2022-12-01 2023-11-30 13050635 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13050635 bus:RegisteredOffice 2022-12-01 2023-11-30 13050635 bus:Director1 2022-12-01 2023-11-30 13050635 bus:Director2 2022-12-01 2023-11-30 13050635 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 13050635 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13050635 core:FurnitureFittings 2022-12-01 2023-11-30 13050635 core:FurnitureFittingsToolsEquipment 2022-12-01 2023-11-30 13050635 countries:EnglandWales 2022-12-01 2023-11-30 13050635 2022-11-30 13050635 core:FurnitureFittingsToolsEquipment 2022-11-30 13050635 2021-11-30 2022-11-30 13050635 2022-11-30 13050635 bus:OrdinaryShareClass1 2022-11-30 13050635 core:CurrentFinancialInstruments 2022-11-30 13050635 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 13050635 core:FurnitureFittingsToolsEquipment 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13050635

Three Lions Dining Group LTD

trading as Fox Inn Hermitage

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2023

 

Three Lions Dining Group LTD

trading as Fox Inn Hermitage

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Three Lions Dining Group LTD

trading as Fox Inn Hermitage

Company Information

Directors

J Allen

A Dsouza

Registered office

Herbert Lewis Williams & Associates
Leigh Court Business Centre
Abbots Leigh
Bristol
BS8 3RA

Accountants

Herbert Lewis Williams & Associates Limited
Chartered Certified Accountants
Leigh Court Business Centre
Abbots Leigh
Bristol
BS8 3RA

 

Three Lions Dining Group LTD

trading as Fox Inn Hermitage

(Registration number: 13050635)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

10,899

5,459

Current assets

 

Stocks

5

8,047

7,384

Debtors

6

26,215

15,056

Cash at bank and in hand

 

6,350

8,593

 

40,612

31,033

Creditors: Amounts falling due within one year

7

(75,059)

(50,121)

Net current liabilities

 

(34,447)

(19,088)

Total assets less current liabilities

 

(23,548)

(13,629)

Provisions for liabilities

(2,071)

-

Net liabilities

 

(25,619)

(13,629)

Capital and reserves

 

Called up share capital

8

150

150

Retained earnings

(25,769)

(13,779)

Shareholders' deficit

 

(25,619)

(13,629)

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 October 2024 and signed on its behalf by:
 

 

Three Lions Dining Group LTD

trading as Fox Inn Hermitage

(Registration number: 13050635)
Balance Sheet as at 30 November 2023

.........................................
J Allen
Director

 

Three Lions Dining Group LTD

trading as Fox Inn Hermitage

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Herbert Lewis Williams & Associates
Leigh Court Business Centre
Abbots Leigh
Bristol
BS8 3RA

These financial statements were authorised for issue by the Board on 1 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Three Lions Dining Group LTD

trading as Fox Inn Hermitage

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & Fittings

Straight line - 15%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Three Lions Dining Group LTD

trading as Fox Inn Hermitage

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 17 (2022 - 18).

 

Three Lions Dining Group LTD

trading as Fox Inn Hermitage

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 December 2022

5,982

5,982

Additions

6,500

6,500

At 30 November 2023

12,482

12,482

Depreciation

At 1 December 2022

523

523

Charge for the year

1,060

1,060

At 30 November 2023

1,583

1,583

Carrying amount

At 30 November 2023

10,899

10,899

At 30 November 2022

5,459

5,459

5

Stocks

2023
£

2022
£

Other inventories

8,047

7,384

6

Debtors

Current

2023
£

2022
£

Prepayments

2,252

3,769

Other debtors

23,963

11,287

 

26,215

15,056

 

Three Lions Dining Group LTD

trading as Fox Inn Hermitage

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

7

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

9

14,097

330

Trade creditors

 

31,206

21,137

Taxation and social security

 

23,834

20,758

Accruals and deferred income

 

4,983

2,219

Other creditors

 

939

5,677

 

75,059

50,121

8

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary share of £1 each

150

150

150

150

       

9

Loans and borrowings

Current loans and borrowings

2023
£

2022
£

Bank borrowings

-

330

Other borrowings

14,097

-

14,097

330