Company Registration No. 08721041 (England and Wales)
Country Village Inns Ltd
Unaudited accounts
for the year ended 31 March 2024
Country Village Inns Ltd
Unaudited accounts
Contents
Country Village Inns Ltd
Company Information
for the year ended 31 March 2024
Directors
Mr Mathew Cooper
Mr John Kyle McGregor
Company Number
08721041 (England and Wales)
Registered Office
The Wheatsheaf Inn
Ingleton
Lancashire
LA6 3AD
Accountants
Blend Accountants
First Floor Brunel House
9 Penrod Way
Heysham
Lancashire
LA3 2UZ
Country Village Inns Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
280,171
349,492
Cash at bank and in hand
439,275
254,501
Creditors: amounts falling due within one year
(651,687)
(454,845)
Net current assets
247,276
178,186
Total assets less current liabilities
527,447
527,678
Creditors: amounts falling due after more than one year
(11,029)
(21,709)
Net assets
516,418
505,969
Called up share capital
100
100
Profit and loss account
516,318
505,869
Shareholders' funds
516,418
505,969
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by
Mr Mathew Cooper
Director
Company Registration No. 08721041
Country Village Inns Ltd
Notes to the Accounts
for the year ended 31 March 2024
Country Village Inns Ltd is a private company, limited by shares, registered in England and Wales, registration number 08721041. The registered office is The Wheatsheaf Inn, Ingleton, Lancashire, LA6 3AD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
46,050
54,929
447,781
548,760
Disposals
-
(32,929)
-
(32,929)
At 31 March 2024
46,050
22,000
450,123
518,173
At 1 April 2023
31,109
19,906
148,253
199,268
Charge for the year
3,735
4,125
45,281
53,141
On disposals
-
(14,407)
-
(14,407)
At 31 March 2024
34,844
9,624
193,534
238,002
At 31 March 2024
11,206
12,376
256,589
280,171
At 31 March 2023
14,941
35,023
299,528
349,492
Country Village Inns Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
99,219
66,695
Amounts due from group undertakings etc.
75,171
91,171
Other debtors
98,918
65,376
Amounts falling due after more than one year
Amounts due from group undertakings etc.
120,000
102,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,957
9,957
Trade creditors
213,080
168,025
Taxes and social security
415,874
276,748
Loans from directors
3,950
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 65 (2023: 65).