Company Registration No. 8401291 (England and Wales)
The Red Lion & Gardens Ltd
Unaudited accounts
for the year ended 31 January 2025
The Red Lion & Gardens Ltd
Unaudited accounts
Contents
The Red Lion & Gardens Ltd
Company Information
for the year ended 31 January 2025
Company Number
8401291 (England and Wales)
Registered Office
The Red Lion
Winters Cross
Ross On Wye
HR9 6LH
Accountants
Wellington Consulting Ltd
Rural Enterprise Centre
Vincent Carey Road
Office 34
Hereford
Herefordshire
HR2 6FE
The Red Lion & Gardens Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
9,593
3,306
Cash at bank and in hand
23,683
65,277
Creditors: amounts falling due within one year
(16,171)
(22,310)
Net current assets
17,499
52,597
Total assets less current liabilities
27,092
55,903
Creditors: amounts falling due after more than one year
(37,897)
(53,332)
Provisions for liabilities
Net (liabilities)/assets
(11,639)
1,737
Called up share capital
100
100
Profit and loss account
(11,739)
1,637
Shareholders' funds
(11,639)
1,737
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 October 2025 and were signed on its behalf by
Dave Rapson
Director
Company Registration No. 8401291
The Red Lion & Gardens Ltd
Notes to the Accounts
for the year ended 31 January 2025
The Red Lion & Gardens Ltd is a private company, limited by shares, registered in England and Wales, registration number 8401291. The registered office is The Red Lion, Winters Cross, Ross On Wye, HR9 6LH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The Red Lion & Gardens Ltd
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
5,379
-
1,397
6,776
Additions
4,930
3,712
-
8,642
At 31 January 2025
10,309
3,712
1,397
15,418
At 1 February 2024
2,912
-
558
3,470
Charge for the year
1,334
742
279
2,355
At 31 January 2025
4,246
742
837
5,825
At 31 January 2025
6,063
2,970
560
9,593
At 31 January 2024
2,467
-
839
3,306
Amounts falling due within one year
Accrued income and prepayments
487
-
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
4,648
6,320
Taxes and social security
(950)
4,857
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
37,897
53,332
The amounts relate to the balance on the director's current account. There is no immediate expectation of payment.
8
Average number of employees
During the year the average number of employees was 20 (2024: 19).