Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31true19The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-11-01falsePub / restaurant18truefalse 07845706 2023-11-01 2024-10-31 07845706 2022-11-01 2023-10-31 07845706 2024-10-31 07845706 2023-10-31 07845706 c:Director1 2023-11-01 2024-10-31 07845706 d:Buildings 2023-11-01 2024-10-31 07845706 d:Buildings 2024-10-31 07845706 d:Buildings 2023-10-31 07845706 d:Buildings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 07845706 d:Buildings d:LongLeaseholdAssets 2023-11-01 2024-10-31 07845706 d:PlantMachinery 2023-11-01 2024-10-31 07845706 d:PlantMachinery 2024-10-31 07845706 d:PlantMachinery 2023-10-31 07845706 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 07845706 d:FurnitureFittings 2023-11-01 2024-10-31 07845706 d:FurnitureFittings 2024-10-31 07845706 d:FurnitureFittings 2023-10-31 07845706 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 07845706 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 07845706 d:CurrentFinancialInstruments 2024-10-31 07845706 d:CurrentFinancialInstruments 2023-10-31 07845706 d:Non-currentFinancialInstruments 2024-10-31 07845706 d:Non-currentFinancialInstruments 2023-10-31 07845706 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 07845706 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 07845706 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 07845706 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 07845706 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-10-31 07845706 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 07845706 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-10-31 07845706 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-10-31 07845706 d:ShareCapital 2024-10-31 07845706 d:ShareCapital 2023-10-31 07845706 d:RevaluationReserve 2024-10-31 07845706 d:RevaluationReserve 2023-10-31 07845706 d:RetainedEarningsAccumulatedLosses 2024-10-31 07845706 d:RetainedEarningsAccumulatedLosses 2023-10-31 07845706 c:FRS102 2023-11-01 2024-10-31 07845706 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07845706 c:FullAccounts 2023-11-01 2024-10-31 07845706 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07845706 2 2023-11-01 2024-10-31 07845706 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 07845706










BEDINGFELD ARMS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
BEDINGFELD ARMS LIMITED
REGISTERED NUMBER:07845706

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
834,926
848,388

Current assets
  

Stocks
  
9,226
9,946

Debtors: amounts falling due within one year
 5 
8,596
5,850

Cash at bank and in hand
  
180,385
232,509

  
198,207
248,305

Creditors: amounts falling due within one year
 6 
(111,829)
(126,656)

Net current assets
  
 
 
86,378
 
 
121,649

Total assets less current liabilities
  
921,304
970,037

Creditors: amounts falling due after more than one year
 7 
(516,011)
(551,061)

Provisions for liabilities
  

Deferred tax
  
(2,851)
(5,800)

  
 
 
(2,851)
 
 
(5,800)

Net assets
  
402,442
413,176


Capital and reserves
  

Called up share capital 
  
7
7

Revaluation reserve
  
332,000
332,000

Profit and loss account
  
70,435
81,169

  
402,442
413,176


Page 1

 
BEDINGFELD ARMS LIMITED
REGISTERED NUMBER:07845706
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr S F Parker
Director

Date: 16 July 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
BEDINGFELD ARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Bedingfeld Arms Limited is a private company limited by shares and incorporated in England and Wales, registration number 07845706. The registered office is Church Farm, Hythe Road, Foulden, Thetford, Norfolk, IP26 5AH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The following principal accounting policies have been applied:

Page 3

 
BEDINGFELD ARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
BEDINGFELD ARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows:.

Depreciation is provided on the following basis:

Freehold property
-
no depreciation
Improvements to property
-
10 % straight line
Fixtures & fittings
-
33.3% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
BEDINGFELD ARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 19 (2023 - 18).

Page 6

 
BEDINGFELD ARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Freehold property
Improvements to property
Fixtures & fittings
Total

£
£
£
£



Cost


At 1 November 2023
584,500
426,422
138,906
1,149,828


Additions
-
19
2,495
2,514



At 31 October 2024

584,500
426,441
141,401
1,152,342



Depreciation


At 1 November 2023
-
173,101
128,339
301,440


Charge for the year on owned assets
-
12,430
3,546
15,976



At 31 October 2024

-
185,531
131,885
317,416



Net book value



At 31 October 2024
584,500
240,910
9,516
834,926



At 31 October 2023
584,500
253,321
10,567
848,388


5.


Debtors

2024
2023
£
£

Trade debtors
2,284
41

Other debtors
576
-

Prepayments and accrued income
5,736
5,809

8,596
5,850


Page 7

 
BEDINGFELD ARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
18,072
19,355

Other loans
15,394
15,394

Payments received on account
1,784
2,634

Trade creditors
32,308
30,643

Corporation tax
-
12,593

Other taxation and social security
35,017
32,614

Accruals and deferred income
9,254
13,423

111,829
126,656


Bank overdrafts and loans are secured by fixed and floating charges over Company assets. Other loans provided to the Company are unsecured.


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
5,834
24,084

Other loans
510,177
526,977

516,011
551,061


Bank loans are secured by fixed and floating charges over Company assets. Other loans provided to the Company are unsecured.

Page 8

 
BEDINGFELD ARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
18,072
19,355

Other loans
15,394
15,394


33,466
34,749


Amounts falling due 2-5 years

Bank loans
5,834
24,084

Other loans
67,200
67,200


73,034
91,284

Amounts falling due after more than 5 years

Other loans
442,977
459,777

442,977
459,777

549,477
585,810


Bank loans are secured by fixed and floating charges over Company assets.


9.


Related party transactions

Other loans of £525,571 (2023:£542,371) are unsecured and owed to a related party company controlled by S F Parker. The loans are repayable and are not interest bearing.

 
Page 9