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REGISTERED NUMBER: 09658610 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

ELBOW ROOM ALEHOUSE LTD

ELBOW ROOM ALEHOUSE LTD (REGISTERED NUMBER: 09658610)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELBOW ROOM ALEHOUSE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mr T Arnold
Mrs W Arnold
H E Arnold
G D Arnold





SECRETARY: T Arnold





REGISTERED OFFICE: 26 Station Road
Hinckley
Leicestershire
LE10 1AW





REGISTERED NUMBER: 09658610 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

ELBOW ROOM ALEHOUSE LTD (REGISTERED NUMBER: 09658610)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,372 38,049

CURRENT ASSETS
Stocks 21,774 30,219
Debtors 5 5,801 1,755
Cash at bank and in hand 34,173 25,393
61,748 57,367
CREDITORS
Amounts falling due within one year 6 69,266 57,578
NET CURRENT LIABILITIES (7,518 ) (211 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,854

37,838

CREDITORS
Amounts falling due after more than one
year

7

(27,035

)

(32,986

)

PROVISIONS FOR LIABILITIES (7,300 ) (4,400 )
NET ASSETS 519 452

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 319 252
SHAREHOLDERS' FUNDS 519 452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 Profit and loss account has not been delivered.

ELBOW ROOM ALEHOUSE LTD (REGISTERED NUMBER: 09658610)

BALANCE SHEET - continued
30 NOVEMBER 2024



The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by:





Mr T Arnold - Director


ELBOW ROOM ALEHOUSE LTD (REGISTERED NUMBER: 09658610)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Elbow Room Alehouse 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover
Turnover represents revenue from bar sales, excluding value added tax and is recognised at the point of sale.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - straight line over 12 years
Plant and machinery - 25% reducing balance, 20% reducing balance and 10% on cost
Fixtures and fittings - 25% reducing balance and 20% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

ELBOW ROOM ALEHOUSE LTD (REGISTERED NUMBER: 09658610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

3. EMPLOYEES

The average number of employees during the year was 11 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 December 2023 31,115 21,514 22,986 75,615
Additions - 10,552 1,859 12,411
Disposals - (3,009 ) (1,180 ) (4,189 )
At 30 November 2024 31,115 29,057 23,665 83,837
DEPRECIATION
At 1 December 2023 12,837 8,674 16,055 37,566
Charge for year 2,593 2,809 2,013 7,415
Eliminated on disposal - (2,454 ) (1,062 ) (3,516 )
At 30 November 2024 15,430 9,029 17,006 41,465
NET BOOK VALUE
At 30 November 2024 15,685 20,028 6,659 42,372
At 30 November 2023 18,278 12,840 6,931 38,049

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 5,801 1,755

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,951 5,951
Trade creditors 15,092 21,722
Taxation and social security 36,990 24,740
Other creditors 11,233 5,165
69,266 57,578

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 27,035 32,986

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 3,230 9,181

ELBOW ROOM ALEHOUSE LTD (REGISTERED NUMBER: 09658610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

8. GUARANTEES AND OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £123,750

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

There is a balance due from the directors at the end of the financial year of £3,145.Interest has not been charged on the amounts outstanding.There are no set repayment terms.