Acorah Software Products - Accounts Production 16.4.675 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 09887428 Miss Tanya Manolova Miss Anna- Maria Tsvetkova iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09887428 2024-02-29 09887428 2025-02-28 09887428 2024-03-01 2025-02-28 09887428 frs-core:CurrentFinancialInstruments 2025-02-28 09887428 frs-core:Non-currentFinancialInstruments 2025-02-28 09887428 frs-core:FurnitureFittings 2025-02-28 09887428 frs-core:FurnitureFittings 2024-03-01 2025-02-28 09887428 frs-core:FurnitureFittings 2024-02-29 09887428 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 09887428 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 09887428 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 09887428 frs-core:ShareCapital 2025-02-28 09887428 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09887428 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 09887428 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 09887428 frs-bus:SmallEntities 2024-03-01 2025-02-28 09887428 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 09887428 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 09887428 frs-bus:Director1 2024-03-01 2025-02-28 09887428 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 09887428 frs-countries:EnglandWales 2024-03-01 2025-02-28 09887428 2023-02-28 09887428 2024-02-29 09887428 2023-03-01 2024-02-29 09887428 frs-core:CurrentFinancialInstruments 2024-02-29 09887428 frs-core:Non-currentFinancialInstruments 2024-02-29 09887428 frs-core:ShareCapital 2024-02-29 09887428 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 09887428
Dorrington Inn Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Hudson LM Limited
Castle Court
Castle Street
Whittington, Oswestry
Shropshire
SY11 4DF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09887428
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 655,331 672,899
655,331 672,899
CURRENT ASSETS
Stocks 5 2,000 2,000
Debtors 6 1,225 1,322
Cash at bank and in hand 60,093 50,422
63,318 53,744
Creditors: Amounts Falling Due Within One Year 7 (275,055 ) (323,982 )
NET CURRENT ASSETS (LIABILITIES) (211,737 ) (270,238 )
TOTAL ASSETS LESS CURRENT LIABILITIES 443,594 402,661
Creditors: Amounts Falling Due After More Than One Year 8 (76,995 ) (95,341 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,572 ) -
NET ASSETS 362,027 307,320
CAPITAL AND RESERVES
Called up share capital 9 196 196
Profit and Loss Account 361,831 307,124
SHAREHOLDERS' FUNDS 362,027 307,320
Page 1
Page 2
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Tanya Manolova
Director
24 July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dorrington Inn Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09887428 . The registered office is 1 Main Road, Dorrington, Shropshire, SY5 7JD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No Depreciation is Charged
Fixtures & Fittings 20% Reducing balance basis
In the opinion of the directors, the residual value of the property is currently in excess of its carrying amount and therefore no depreciation is provided on freehold property.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 12)
13 12
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 March 2024 679,749 124,491 804,240
Additions - 1,639 1,639
As at 28 February 2025 679,749 126,130 805,879
Depreciation
As at 1 March 2024 44,999 86,342 131,341
Provided during the period 11,250 7,957 19,207
As at 28 February 2025 56,249 94,299 150,548
Net Book Value
As at 28 February 2025 623,500 31,831 655,331
As at 1 March 2024 634,750 38,149 672,899
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5. Stocks
2025 2024
£ £
Materials 2,000 2,000
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 1,225 1,322
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 16,597 27,270
Other loans 11,169 11,058
Corporation tax 13,876 19,745
Other taxes and social security 7,283 -
VAT 23,279 22,868
Other creditors - 2,000
Accruals and deferred income 280 300
Director's loan account 202,571 240,741
275,055 323,982
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 76,995 88,164
Other taxes and social security - 7,177
76,995 95,341
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 196 196
Page 5