REGISTERED NUMBER: 07330137 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Jolly Fine Pubs Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R C Morgan

REGISTERED OFFICE:

2 Leman Street

London

E1W 9US

REGISTERED NUMBER:

07330137 (England and Wales)

ACCOUNTANTS:

Gilroy & Brookes Accountants Limited

Suite 15

The Enterprise Centre

Coxbridge Business Park

Farnham

Surrey

GU10 5EH

Fixed assets

Tangible assets

4

242,837

250,116

Current assets

Stocks

16,388

15,198

Debtors

5

266,104

121,989

Cash at bank and in hand

124,182

240,549

406,674

377,736

Creditors

Amounts falling due within one year

6

(116,835

)

(185,458

)

Net current assets

289,839

192,278

Total assets less current liabilities

532,676

442,394

Creditors

Amounts falling due after more than one year

7

(23,758

)

(58,754

)

Net assets

508,918

383,640

Capital and reserves

Called up share capital

9

100

100

Retained earnings

508,818

383,540

Shareholders' funds

508,918

383,640

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

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

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

R C Morgan - Director

1.	STATUTORY INFORMATION

Jolly Fine Pubs 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.

RELATED PARTY EXEMPTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 - over life of lease

Plant and machinery etc - 25% on reducing balance, 10% on reducing balance and over life of lease

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.

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 year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Short

to

and

Computer

leasehold

property

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

134,250

258,201

294,525

93,988

780,964

Additions

-

-

20,952

3,270

24,222

At 31 December 2024

134,250

258,201

315,477

97,258

805,186

DEPRECIATION

At 1 January 2024

75,616

109,874

262,052

83,306

530,848

Charge for year

5,370

10,328

12,656

3,147

31,501

At 31 December 2024

80,986

120,202

274,708

86,453

562,349

NET BOOK VALUE

At 31 December 2024

53,264

137,999

40,769

10,805

242,837

At 31 December 2023

58,634

148,327

32,473

10,682

250,116

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

220,296

76,444

Prepayment

7,209

6,945

Rent deposit

38,599

38,599

Deferred tax asset

-

1

266,104

121,989

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other loans (see note 8)

34,999

35,004

Trade creditors

65,857

130,260

Corporation tax

6,848

(4

)

Other creditors

5,224

10,519

Accrued expenses

3,907

9,679

116,835

185,458

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

CBIL loan (see note 8)

23,758

58,754

8.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Other loans

34,999

35,004

Amounts falling due between one and two years:

Bank loans - 1-2 years

23,758

58,754

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

10.	OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £520,000 (2023 - £697,742) in respect of rental obligations.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party was The Jolly Fine Pub Group Limited through out the year ended 31.12.2024.

The Jolly Fine Pub Group Limited ceased to have control on 31.07.2025 post year end but prior to date of

report and Twickenham Green Taverns Limited became the ultimate controlling party w.e.f. 31.07.2025.

Registered office & principle place of business address:

2 Leman Street,

London,

United Kingdom,

E1W 9US