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Registration number: 15220143

Bucknall & Norbury Ltd
trading as The Wilbraham Arms
Unaudited Filleted Abridged Financial Statements
for the Period from 18 October 2023 to 31 October 2024

Bucknall & Norbury Ltd
trading as The Wilbraham Arms

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 9

Bucknall & Norbury Ltd
trading as The Wilbraham Arms

(Registration number: 15220143)
Abridged Balance Sheet as at 31 October 2024

| Note | 2024 £
Fixed assets |  |
Tangible assets | 3 | 2,816
Current assets |  |
Stocks | 4 | 11,000
Debtors |  | 5,125
Cash at bank and in hand |  | 71,366
|  | 87,491
Prepayments and accrued income |  | 4,210
Creditors: Amounts falling due within one year |  | (44,671)
Net current assets |  | 47,030
Total assets less current liabilities |  | 49,846
Provisions for liabilities |  | (313)
Accruals and deferred income |  | 2,560
Net assets |  | 52,093
Capital and reserves |  |
Called up share capital | 5 | 2
Retained earnings |  | 52,091
Shareholders' funds |  | 52,093

For the financial period ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Bucknall & Norbury Ltd
trading as The Wilbraham Arms

(Registration number: 15220143)
Abridged Balance Sheet as at 31 October 2024

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 October 2025 and signed on its behalf by:

......................................... Mr James Andrew Bucknall Director

Bucknall & Norbury Ltd
trading as The Wilbraham Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 18 October 2023 to 31 October 2024

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Bucknall & Norbury Ltd
trading as The Wilbraham Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 18 October 2023 to 31 October 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% Reducing balance method
Motor vehicles | 25% Reducing balance method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Bucknall & Norbury Ltd
trading as The Wilbraham Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 18 October 2023 to 31 October 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 8.

Bucknall & Norbury Ltd
trading as The Wilbraham Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 18 October 2023 to 31 October 2024

3 | Tangible assets

| Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
Additions | 1,400 | 2,354 | 3,754
At 31 October 2024 | 1,400 | 2,354 | 3,754
Depreciation
Charge for the period | 350 | 588 | 938
At 31 October 2024 | 350 | 588 | 938
Carrying amount
At 31 October 2024 | 1,050 | 1,766 | 2,816

4 | Stocks

| 2024 £
Other inventories | 11,000

5 | Share capital

Allotted, called up and fully paid shares

| 2024
| No. | £
Ordinary shares of £1 each | 2 | 2

6 | Related party transactions

Bucknall & Norbury Ltd
trading as The Wilbraham Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 18 October 2023 to 31 October 2024

Transactions with directors

2024 | At 18 October 2023 £ | Advances to director £ | Other payments made to company by director £ | At 31 October 2024 £
Ms Catherine Norbury
Directors loan | - | 6,973 | (9,936) | (2,963)
Mr James Andrew Bucknall
Directors loan | - | 1 | (6,322) | (6,321)

Bucknall & Norbury Ltd
trading as The Wilbraham Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 18 October 2023 to 31 October 2024

Directors' remuneration

The directors' remuneration for the period was as follows:

| 2024 £
Remuneration | 11,603

In respect of the highest paid director:

| 2024 £
Remuneration | 11,603

7 | Transition to FRS 102

Balance Sheet at

| As originally reported £ | Reclassification £ | Remeasurement £ | As restated £
Capital and reserves |  |  |  |
Total equity | - | - | - | -

Bucknall & Norbury Ltd
trading as The Wilbraham Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 18 October 2023 to 31 October 2024

Balance Sheet at

| As originally reported £ | Reclassification £ | Remeasurement £ | As restated £
Capital and reserves |  |  |  |
Total equity | - | - | - | -