IRIS Accounts Production v24.3.0.553 08242473 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082424732023-01-31082424732024-01-31082424732023-02-012024-01-31082424732022-01-31082424732022-02-012023-01-31082424732023-01-3108242473ns15:EnglandWales2023-02-012024-01-3108242473ns14:PoundSterling2023-02-012024-01-3108242473ns10:Director12023-02-012024-01-3108242473ns10:Director22023-02-012024-01-3108242473ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108242473ns10:SmallEntities2023-02-012024-01-3108242473ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108242473ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108242473ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108242473ns10:FullAccounts2023-02-012024-01-3108242473ns10:RegisteredOffice2023-02-012024-01-3108242473ns5:CurrentFinancialInstruments2024-01-3108242473ns5:CurrentFinancialInstruments2023-01-3108242473ns5:Non-currentFinancialInstruments2024-01-3108242473ns5:Non-currentFinancialInstruments2023-01-3108242473ns5:ShareCapital2024-01-3108242473ns5:ShareCapital2023-01-3108242473ns5:RetainedEarningsAccumulatedLosses2024-01-3108242473ns5:RetainedEarningsAccumulatedLosses2023-01-3108242473ns5:LandBuildings2023-02-012024-01-3108242473ns5:LandBuildings2023-01-3108242473ns5:PlantMachinery2023-01-3108242473ns5:PlantMachinery2023-02-012024-01-3108242473ns5:LandBuildings2024-01-3108242473ns5:PlantMachinery2024-01-3108242473ns5:LandBuildings2023-01-3108242473ns5:PlantMachinery2023-01-3108242473ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3108242473ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3108242473ns5:Secured2024-01-3108242473ns5:Secured2023-01-3108242473ns5:DeferredTaxation2023-01-3108242473ns5:DeferredTaxation2023-02-012024-01-3108242473ns5:DeferredTaxation2024-01-31
REGISTERED NUMBER: 08242473 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

FIRESIDE INNS & TAVERNS LTD

FIRESIDE INNS & TAVERNS LTD (REGISTERED NUMBER: 08242473)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIRESIDE INNS & TAVERNS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: C Morris
J D Waddington





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 08242473 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

FIRESIDE INNS & TAVERNS LTD (REGISTERED NUMBER: 08242473)

BALANCE SHEET
31 JANUARY 2024

31/1/24 31/1/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 492,263 457,877

CURRENT ASSETS
Debtors 5 1,509 14,424
Cash at bank and in hand 13,041 6,799
14,550 21,223
CREDITORS
Amounts falling due within one year 6 278,829 257,445
NET CURRENT LIABILITIES (264,279 ) (236,222 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,984

221,655

CREDITORS
Amounts falling due after more than one
year

7

(193,767

)

(194,147

)

PROVISIONS FOR LIABILITIES 9 (365 ) (4,128 )
NET ASSETS 33,852 23,380

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 33,752 23,280
33,852 23,380

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FIRESIDE INNS & TAVERNS LTD (REGISTERED NUMBER: 08242473)

BALANCE SHEET - continued
31 JANUARY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 January 2025 and were signed on its behalf by:




C Morris - Director



J D Waddington - Director


FIRESIDE INNS & TAVERNS LTD (REGISTERED NUMBER: 08242473)

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

1. STATUTORY INFORMATION

Fireside Inns & Taverns Ltd 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 - not provided

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.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

FIRESIDE INNS & TAVERNS LTD (REGISTERED NUMBER: 08242473)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 410,743 58,263 469,006
Additions 27,380 26,606 53,986
At 31 January 2024 438,123 84,869 522,992
DEPRECIATION
At 1 February 2023 - 11,129 11,129
Charge for year - 19,600 19,600
At 31 January 2024 - 30,729 30,729
NET BOOK VALUE
At 31 January 2024 438,123 54,140 492,263
At 31 January 2023 410,743 47,134 457,877

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Other debtors - 4,333
Prepayments 1,509 10,091
1,509 14,424

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Bank loans and overdrafts 4,041 5,322
Trade creditors 16,398 7,858
Taxation and social security 2,133 1,207
Other creditors 256,257 243,058
278,829 257,445

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/24 31/1/23
£    £   
Bank loans 193,767 194,147

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 159,000 164,160

FIRESIDE INNS & TAVERNS LTD (REGISTERED NUMBER: 08242473)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

31/1/24 31/1/23
£    £   
Bank loans 197,808 199,469

Bank loans and overdrafts are secured by fixed and floating charges over all the assets and undertaking of the company.

9. PROVISIONS FOR LIABILITIES
31/1/24 31/1/23
£    £   
Deferred tax 365 4,128

Deferred
tax
£   
Balance at 1 February 2023 4,128
Credit to Income Statement during year (3,763 )
Balance at 31 January 2024 365