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REGISTERED NUMBER: 07931336 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE TRITON INN SLEDMERE LIMITED

THE TRITON INN SLEDMERE LIMITED (REGISTERED NUMBER: 07931336)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE TRITON INN SLEDMERE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: A J Brehaut





REGISTERED OFFICE: Medina House
2 Station Road
Bridlington
East Yorkshire
YO16 4 L





REGISTERED NUMBER: 07931336 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

THE TRITON INN SLEDMERE LIMITED (REGISTERED NUMBER: 07931336)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 8,480 9,540
Tangible assets 5 31,661 36,022
40,141 45,562

CURRENT ASSETS
Stocks 24,665 28,193
Debtors 6 5,259 1,897
Cash at bank and in hand 13,587 18,948
43,511 49,038
CREDITORS
Amounts falling due within one year 7 64,552 61,838
NET CURRENT LIABILITIES (21,041 ) (12,800 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,100

32,762

CREDITORS
Amounts falling due after more than one
year

8

(13,148

)

(23,387

)

PROVISIONS FOR LIABILITIES (5,810 ) (9,196 )
NET ASSETS 142 179

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 42 79
SHAREHOLDERS' FUNDS 142 179

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

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

THE TRITON INN SLEDMERE LIMITED (REGISTERED NUMBER: 07931336)

BALANCE SHEET - continued
31 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 November 2024 and were signed by:





A J Brehaut - Director


THE TRITON INN SLEDMERE LIMITED (REGISTERED NUMBER: 07931336)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

The Triton Inn Sledmere 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.

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.

Turnover represents the sale of food and drink along with the provision of accommodation. Turnover is recognised on a receipts basis.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

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 - 15% on reducing balance
Computer equipment - 25% 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 Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates an auto-enrolment pension scheme. Contributions payable to the company's pension scheme are charged to statement of income and retained earnings in the period to which they relate.

THE TRITON INN SLEDMERE LIMITED (REGISTERED NUMBER: 07931336)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 21,200
AMORTISATION
At 1 April 2023 11,660
Charge for year 1,060
At 31 March 2024 12,720
NET BOOK VALUE
At 31 March 2024 8,480
At 31 March 2023 9,540

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 98,963
Additions 1,315
At 31 March 2024 100,278
DEPRECIATION
At 1 April 2023 62,941
Charge for year 5,676
At 31 March 2024 68,617
NET BOOK VALUE
At 31 March 2024 31,661
At 31 March 2023 36,022

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 5,259 1,897

THE TRITON INN SLEDMERE LIMITED (REGISTERED NUMBER: 07931336)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,128 9,818
Trade creditors 22,086 21,196
Taxation and social security 28,598 26,500
Other creditors 3,740 4,324
64,552 61,838

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 13,148 23,387

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100