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REGISTERED NUMBER: 05577069 (England and Wales)

























Financial Statements

for the Year Ended 30 September 2024

for

The Gladstone Arms (Chippenham) Limited

The Gladstone Arms (Chippenham) Limited (Registered number: 05577069)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Gladstone Arms (Chippenham) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: L Davis





SECRETARY: P Whiteside





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 05577069 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

The Gladstone Arms (Chippenham) Limited (Registered number: 05577069)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,615 22,424

CURRENT ASSETS
Stocks 1,500 1,500
Debtors 5 14,251 24,761
Cash at bank and in hand 46,328 25,040
62,079 51,301
CREDITORS
Amounts falling due within one year 6 64,998 54,720
NET CURRENT LIABILITIES (2,919 ) (3,419 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,696

19,005

CREDITORS
Amounts falling due after more than one
year

7

(6,800

)

(14,094

)

PROVISIONS FOR LIABILITIES (4,904 ) (3,727 )
NET ASSETS 4,992 1,184

CAPITAL AND RESERVES
Called up share capital 128 128
Retained earnings 4,864 1,056
SHAREHOLDERS' FUNDS 4,992 1,184

The Gladstone Arms (Chippenham) Limited (Registered number: 05577069)

Balance Sheet - continued
30 September 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 January 2025 and were signed by:





L Davis - Director


The Gladstone Arms (Chippenham) Limited (Registered number: 05577069)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

The Gladstone Arms (Chippenham) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 5% on cost
Plant and machinery etc - 25% on cost, 15% on reducing balance and Not provided

Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage manufacture or completion.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 12 ) .

The Gladstone Arms (Chippenham) Limited (Registered number: 05577069)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 9,125 59,981 69,106
DEPRECIATION
At 1 October 2023 8,137 38,545 46,682
Charge for year 456 2,353 2,809
At 30 September 2024 8,593 40,898 49,491
NET BOOK VALUE
At 30 September 2024 532 19,083 19,615
At 30 September 2023 988 21,436 22,424

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 14,251 24,761

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 8,301 10,450
Other creditors 56,697 44,270
64,998 54,720

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Other creditors 6,800 14,094