IRIS Accounts Production v25.1.3.33 05977243 director 1.1.24 31.12.24 31.12.24 0 false true false false true false Fair value model Ordinary shares 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05977243 2023-12-31 05977243 2024-12-31 05977243 2024-01-01 2024-12-31 05977243 2022-12-31 05977243 2023-01-01 2023-12-31 05977243 2023-12-31 05977243 ns15:EnglandWales 2024-01-01 2024-12-31 05977243 ns14:PoundSterling 2024-01-01 2024-12-31 05977243 ns10:Director1 2024-01-01 2024-12-31 05977243 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05977243 ns10:SmallEntities 2024-01-01 2024-12-31 05977243 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05977243 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 05977243 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05977243 ns10:FullAccounts 2024-01-01 2024-12-31 05977243 ns10:OrdinaryShareClass1 2024-01-01 2024-12-31 05977243 ns10:CompanySecretary1 2024-01-01 2024-12-31 05977243 ns10:RegisteredOffice 2024-01-01 2024-12-31 05977243 ns5:CurrentFinancialInstruments 2024-12-31 05977243 ns5:CurrentFinancialInstruments 2023-12-31 05977243 ns5:ShareCapital 2024-12-31 05977243 ns5:ShareCapital 2023-12-31 05977243 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 05977243 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 05977243 ns5:PlantMachinery 2024-01-01 2024-12-31 05977243 ns5:PlantMachinery 2024-12-31 05977243 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 05977243 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 05977243 ns10:OrdinaryShareClass1 2024-12-31

REGISTERED NUMBER: 05977243 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Republic Inns Limited

Republic Inns Limited (Registered number: 05977243)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Republic Inns Limited

Company Information

for the Year Ended 31 December 2024

| DIRECTOR: | T A Sadler

| SECRETARY: | T A Sadler

| REGISTERED OFFICE: | Ashleigh House, Beckbridge Road

| Normanton Industrial Estate, Normanton

| United Kingdom

| WF6 1TE

| REGISTERED NUMBER: | 05977243 (England and Wales)

| ACCOUNTANTS: | S&W Partners (Leeds) Limited

| Accountants

| 3rd Floor

| 56 Wellington Street

| Leeds

| West Yorkshire

| LS1 2EE

Republic Inns Limited (Registered number: 05977243)

Balance Sheet

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 4,518 |  | - |  |

Investment property | 6 | 354,275 |  | 354,275 |  |

358,793 |  | 354,275 |  |

CURRENT ASSETS

Debtors | 7 | 210,000 |  | 1,125 |  |

Cash at bank | 138,375 |  | 364,001 |  |

348,375 |  | 365,126 |  |

CREDITORS

Amounts falling due within one year | 8 | 2,129 |  | 5,069 |  |

NET CURRENT ASSETS | 346,246 |  | 360,057 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 705,039 |  | 714,332 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 2 |  | 2 |  |

Retained earnings | 705,037 |  | 714,330 |  |

SHAREHOLDERS' FUNDS | 705,039 |  | 714,332 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 April 2025 and were signed by:

T A Sadler - Director

Republic Inns Limited (Registered number: 05977243)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Republic Inns 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Investment property which is property held to earn rentals and/or for capital appreciation is measured using the fair value model and stated at its fair value at the year end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

| 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.

| Cash and cash equivalents

| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Creditors

| Short term creditors are measured at transaction price.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2023 - NIL ) .

Republic Inns Limited (Registered number: 05977243)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| Additions | 5,237 |  |

| At 31 December 2024 | 5,237 |  |

| DEPRECIATION

| Charge for year | 719 |  |

| At 31 December 2024 | 719 |  |

| NET BOOK VALUE

| At 31 December 2024 | 4,518 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2024

| and 31 December 2024 | 354,275 |  |

| NET BOOK VALUE

| At 31 December 2024 | 354,275 |  |

| At 31 December 2023 | 354,275 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Prepayments and other debtors | 210,000 |  | 1,125 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade creditors | 814 |  | 239 |  |

| Amounts owed to group undertakings | 115 |  | 3,605 |  |

| Other creditors | 1,200 |  | 1,225 |  |

2,129 |  | 5,069 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 2 | Ordinary shares | 1 | 2 |  | 2 |  |

Republic Inns Limited (Registered number: 05977243)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

10. | RELATED PARTY DISCLOSURES

| The company owes money for the amount of £115 (2023: £3,605) to a related company. The two companies are related because of common ownership and management.

| Included in debtors is a balance of £210,000 (2023: £0) due from a director. The balance is interest free and payable on demand.