11393931falsepublic house and bar2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 11393931
Pheasant Inn Keswick Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Pheasant Inn Keswick Ltd

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet2
Notes To The Accounts3
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Pheasant Inn Keswick Ltd

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Intangible assets339,63048,955
Tangible assets422,70626,300
62,33675,255
CURRENT ASSETS
Stock9,6196,195
Debtors616,36514,231
Cash at bank and in hand124,933151,155
150,917171,581
CREDITORS: Amounts falling due within one year777,48787,978
NET CURRENT ASSETS73,43083,603
TOTAL ASSETS LESS CURRENT LIABILITIES135,766158,858
CREDITORS: Amounts falling due after more than one year812,37020,812
PROVISIONS FOR LIABILITIES AND CHARGES92,7083,224
NET ASSETS120,688134,822
CAPITAL AND RESERVES
Called up share capital10100100
Profit and loss account120,588134,722
SHAREHOLDERS' FUNDS120,688134,822
For the year ending 31/03/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 30/08/2024 and signed on their behalf by
.............................
Mrs M L Hammond
Director

Pheasant Inn Keswick Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Long Leasehold Propertiesreducing balance 15%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Pheasant Inn Keswick Ltd

2. EMPLOYEES
20242023
No.No.
Average number of employees2521
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/202393,24993,249
At 31/03/202493,24993,249
Depreciation
At 01/04/202344,29444,294
For the year9,3259,325
At 31/03/202453,61953,619
Net Book Amounts
At 31/03/202439,63039,630
At 31/03/202348,95548,955
4. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 01/04/202317,55532,85050,405
Additions-851851
At 31/03/202417,55533,70151,256
Depreciation
At 01/04/20238,22515,88324,108
For the year8793,5634,442
At 31/03/20249,10419,44628,550
Net Book Amounts
At 31/03/20248,45114,25522,706
At 31/03/20239,33016,96726,297

Pheasant Inn Keswick Ltd

5. STOCK 20242023
££
Stock comprises:
Stock9,6196,195
9,6196,195
6. DEBTORS 20242023
££
Amounts falling due within one year:
Other debtors16,36514,231
16,36514,231
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Bank loans and overdrafts10,04811,559
Trade creditors27,64032,634
Taxation and social security27,02620,344
Other creditors12,77323,441
77,48787,978
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans and overdrafts12,37020,812
12,37020,812

Pheasant Inn Keswick Ltd

9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation2,7083,224
2,7083,224
10. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Class 1 shares of £1 each100100
100100