REGISTERED NUMBER: 11136131 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Gurney Public House Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

S Gurney

REGISTERED OFFICE:

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

REGISTERED NUMBER:

11136131 (England and Wales)

ACCOUNTANTS:

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

FIXED ASSETS

Tangible assets

4

21,876

24,672

CURRENT ASSETS

Stocks

5

3,754

3,536

Debtors

6

84,691

61,115

Cash at bank and in hand

48,067

99,325

136,512

163,976

CREDITORS

Amounts falling due within one year

7

28,467

46,234

NET CURRENT ASSETS

108,045

117,742

TOTAL ASSETS LESS CURRENT LIABILITIES

129,921

142,414

PROVISIONS FOR LIABILITIES

5,043

6,271

NET ASSETS

124,878

136,143

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

124,778

136,043

SHAREHOLDERS' FUNDS

124,878

136,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 September 2025 and were signed by:

S Gurney - Director

1.	STATUTORY INFORMATION

Gurney Public House 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.

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.

There were no material departures from that standard.

Turnover

Turnover is measured at 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 revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measure reliably.

Tangible fixed assets

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows:

Freehold property - 15% reducing balance

Plant & machinery - 20% straight line

Fixtures & fittings - 25% reducing balance

Motor vehicles - 33% straight line

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 Income Statement, 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 statement of financial position date.

Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

6,716

3,535

10,532

17,150

37,933

Additions

-

-

2,842

-

2,842

Disposals

-

-

(1,100

)

-

(1,100

)

At 31 March 2025

6,716

3,535

12,274

17,150

39,675

DEPRECIATION

At 1 April 2024

4,219

1,545

5,210

2,287

13,261

Charge for year

375

707

1,399

2,972

5,453

Eliminated on disposal

-

-

(915

)

-

(915

)

At 31 March 2025

4,594

2,252

5,694

5,259

17,799

NET BOOK VALUE

At 31 March 2025

2,122

1,283

6,580

11,891

21,876

At 31 March 2024

2,497

1,990

5,322

14,863

24,672

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

3,754

3,536

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by associates

80,915

57,416

Other debtors

3,000

3,000

Prepayments

776

699

84,691

61,115

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

4,302

3,858

Tax

8,361

13,123

Social security and other taxes

511

667

VAT

8,253

18,260

Other creditors

96

2,379

Directors' current accounts

3,310

3,725

Accrued expenses

3,634

4,222

28,467

46,234

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

31,490

32,600

Between one and five years

67,748

74,038

99,238

106,638

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1.00

100

100

10.	RELATED PARTY DISCLOSURES

The amount outstanding at the year-end due to Mr S Gurney was £3,310 (2024 - £3,725).

The amount outstanding at the year-end due from Grace Inns Limited, an associated company, was £31,914 (2024 - 16,251).

The amount oustanding at the year-end due from SEG Inns Limited, an associated company was £49,001 (2024 - 41,165).

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Gurney Public House Limited for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Gurney Public House Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gurney Public House Limited and state those matters that we have agreed to state to the director of Gurney Public House Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gurney Public House Limited and its director for our work or for this report.

It is your duty to ensure that Gurney Public House Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Gurney Public House Limited. You consider that Gurney Public House Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Gurney Public House Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

4 September 2025