REGISTERED NUMBER: 15117094 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

5TH SEPTEMBER 2023 TO 30TH SEPTEMBER 2024

FOR

THE WHEATSHEAF INN EALING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Forde

REGISTERED OFFICE:

Riverside House

River Lane

Saltney

Flintshire

CH4 8RQ

REGISTERED NUMBER:

15117094 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

Natwest

Maritime

Chatham

ME4 4RT

FIXED ASSETS

Tangible assets

4

23,269

CURRENT ASSETS

Stocks

5

1,500

Debtors

6

18,114

Investments

7

45,000

Cash at bank

11,625

76,239

CREDITORS

Amounts falling due within one year

8

52,286

NET CURRENT ASSETS

23,953

TOTAL ASSETS LESS CURRENT LIABILITIES

47,222

CREDITORS

Amounts falling due after more than one year

9

(42,262

)

PROVISIONS FOR LIABILITIES

11

(3,916

)

NET ASSETS

1,044

CAPITAL AND RESERVES

Called up share capital

12

100

Retained earnings

13

944

SHAREHOLDERS' FUNDS

1,044

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30th September 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 5th September 2025 and were signed by:

R Forde - Director

1.	STATUTORY INFORMATION

The Wheatsheaf Inn Ealing 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

15% on cost

Computer equipment

-

25% on cost

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 period 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.

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 period 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.

Hire purchase and leasing commitments

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

Additions

600

26,601

278

27,479

At 30th September 2024

600

26,601

278

27,479

DEPRECIATION

Charge for period

150

3,990

70

4,210

At 30th September 2024

150

3,990

70

4,210

NET BOOK VALUE

At 30th September 2024

450

22,611

208

23,269

5.

STOCKS

£

Stocks

1,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

18,114

7.	CURRENT ASSET INVESTMENTS

£

Unlisted investments

45,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts (see note 10)

7,143

Trade creditors

7,569

Tax

1,869

Social security and other taxes

585

VAT

9,550

Directors' loan accounts

25,570

52,286

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans (see note 10)

42,262

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

13,691

10.

LOANS

An analysis of the maturity of loans is given below:

£

Amounts falling due within one year or on demand:

Bank loans

7,143

Amounts falling due between two and five years:

Bank loans - 2-5 years

28,571

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

13,691

11.	PROVISIONS FOR LIABILITIES

£

Deferred tax

Accelerated capital allowances

3,916

Deferred

tax

£

Movement in the year due to:

changes in tax allowances

3,916

Balance at 30th September 2024

3,916

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

13.

RESERVES

Retained

earnings

£

Profit for the period

25,944

Dividends

(25,000

)

At 30th September 2024

944

14.	CAPITAL COMMITMENTS

£

Contracted but not provided for in the

financial statements

-

15.	ULTIMATE CONTROLLING PARTY

The controlling party is R Forde.

16.	COMPARATIVES

As this is the first period of trading, there are no comparatives for the previous period.