Company registration number 01181776 (England and Wales)
SMOKE HOUSE INNS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
SMOKE HOUSE INNS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
SMOKE HOUSE INNS LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
259,788
259,788
Investment property
5
945,000
945,000
Investments
4
61,500
61,500
1,266,288
1,266,288
Current assets
Debtors
6
106,895
106,895
Investments
7
87,123
87,123
Cash at bank and in hand
34,257
34,257
228,275
228,275
Creditors: amounts falling due within one year
8
(407,286)
(407,286)
Net current liabilities
(179,011)
(179,011)
Net assets
1,087,277
1,087,277
Capital and reserves
Called up share capital
100
100
Revaluation reserve
9
(768,468)
(768,468)
Profit and loss reserves
1,855,645
1,855,645
Total equity
1,087,277
1,087,277

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 10 February 2025
Mr NB Warin
Director
Company registration number 01181776 (England and Wales)
SMOKE HOUSE INNS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

Smoke House Inns Limited is a private company limited by shares incorporated in England and Wales. The registered office is Moss Edge Farm, New Road, Beck Row, Bury St Edmunds, Suffolk, England, IP28 8DP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
- 25% reducing balance
Computers
- 25% straight line
Motor vehicles
- 25% reducing balance
1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

SMOKE HOUSE INNS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 3 -
1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 January 2024 and 31 December 2024
100,000
485,514
585,514
Depreciation and impairment
At 1 January 2024 and 31 December 2024
-
0
325,726
325,726
Carrying amount
At 31 December 2024
100,000
159,788
259,788
At 31 December 2023
100,000
159,788
259,788
4
Fixed asset investments
2024
2023
£
£
Other investments other than loans
61,500
61,500
5
Investment property
2024
£
Fair value
At 1 January 2024 and 31 December 2024
945,000
SMOKE HOUSE INNS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
6
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
6,652
6,652
Other debtors
100,243
100,243
106,895
106,895
7
Current asset investments
2024
2023
£
£
Other investments
87,123
87,123
8
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
398,735
398,735
Corporation tax
6,652
6,652
Other creditors
1,899
1,899
407,286
407,286
9
Revaluation reserve
2024
2023
£
£
At the beginning and end of the year
(768,468)
(768,468)
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