REGISTERED NUMBER: 02869710 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

THE STAG AND HUNTSMAN INN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A D Dick

Dr G Urbach

REGISTERED OFFICE:

The Estate Office

10 Greenlands Farm

Dairy Lane, Hambleden

Henley-On-Thames

Oxfordshire

RG9 3AS

REGISTERED NUMBER:

02869710 (England and Wales)

ACCOUNTANTS:

Martin and Company

Two Brewers House

50 North Street

Thame

Oxfordshire

OX9 3BH

FIXED ASSETS

Tangible assets

4

435,878

518,700

CURRENT ASSETS

Stocks

10,907

10,959

Debtors

5

121,266

46,125

Cash in hand

100

100

132,273

57,184

CREDITORS

Amounts falling due within one year

6

4,247,783

4,350,751

NET CURRENT LIABILITIES

(4,115,510

)

(4,293,567

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,679,632

)

(3,774,867

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(3,679,634

)

(3,774,869

)

(3,679,632

)

(3,774,867

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

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

The financial statements were approved by the Board of Directors and authorised for issue on 21st July 2025 and were signed on its behalf by:

A D Dick - Director

1.	STATUTORY INFORMATION

The Stag and Huntsman Inn 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.

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 financial statements have been prepared on the going concern basis, notwithstanding net liabilities of £3,679,632 (2023: £3,774,867) which the directors believe to be appropriate for the following reasons. The company is dependent for its working capital on funds provided by the parent company. The parent company has indicated that for at least 12 months from the date of approval of these financial statements it will continue to make available such funds as are needed by the company. Although these loans are repayable on demand, it does not intend to seek repayment of the amounts currently made available. The directors consider that this should enable the company to continue in operational existence for the foreseeable future by meeting its liabilities as they fall due for payment. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so.

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.

Land and buildings

-

15% on reducing balance

Plant and machinery etc

-

25% on 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 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

Leasehold

to

property

property

property

£

£

£

COST

At 1st January 2024

and 31st December 2024

2,921,879

45,046

39,706

DEPRECIATION

At 1st January 2024

2,493,119

37,508

7,472

Charge for year

64,314

1,130

4,835

At 31st December 2024

2,557,433

38,638

12,307

NET BOOK VALUE

At 31st December 2024

364,446

6,408

27,399

At 31st December 2023

428,760

7,538

32,234

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1st January 2024

and 31st December 2024

116,451

136,020

700

3,259,802

DEPRECIATION

At 1st January 2024

77,125

125,430

448

2,741,102

Charge for year

9,832

2,648

63

82,822

At 31st December 2024

86,957

128,078

511

2,823,924

NET BOOK VALUE

At 31st December 2024

29,494

7,942

189

435,878

At 31st December 2023

39,326

10,590

252

518,700

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

12,345

19,945

Other debtors

108,921

26,180

121,266

46,125

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

11,585

47,553

Amounts owed to group undertakings

4,219,765

4,263,129

Taxation and social security

2,193

22,946

Other creditors

14,240

17,123

4,247,783

4,350,751

7.	RELATED PARTY DISCLOSURES

The company is funded by a loan from the parent company, of £3,716,245 (2023: £3,716,245). The loan is currently unsecured, interest free and with no fixed repayment term and is disclosed within the 'amount owed to group undertakings' shown in note 6.

At the year end the company owed a subsidiary of the parent company £503,520 (2023: £546,884). The amount owed is currently unsecured, interest free and with no fixed repayment term and is disclosed within the 'amount owed to group undertakings' shown in note 6.

During the previous year a related party began acting as an agent for the company. At the year end the company was owed £31,908 (2023: £17,807) by this agent and this is disclosed within the 'other debtors' shown in note 5.

During the year the company paid £9,000 (2023: £12,000) to a limited liability partnership in which one of the directors is also partner. The transactions were carried out on commercial terms.