Company No: 11987855 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Investment property	3	2,405,790		2,405,790
		2,405,790		2,405,790
Current assets
Debtors	4	50,714		50,492
Investments	5	98		98
Cash at bank and in hand		11,303		4,367
		62,115		54,957
Creditors: amounts falling due within one year	6	( 772,643)		( 667,140)
Net current liabilities		(710,528)		(612,183)
Total assets less current liabilities		1,695,262		1,793,607
Creditors: amounts falling due after more than one year	7	( 248,415)		( 359,143)
Net assets		1,446,847		1,434,464
Capital and reserves
Called-up share capital	8	200		200
Share premium account		1,439,900		1,439,900
Profit and loss account		6,747		( 5,636 )
Total shareholders' funds		1,446,847		1,434,464

For the financial year ending 30 June 2025 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Olde World Inns (Dunster 2012) Holdings Ltd (registered number: 11987855) were approved and authorised for issue by the Board of Directors on 24 October 2025. They were signed on its behalf by:

Mr N J M Way Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Olde World Inns (Dunster 2012) Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a over its expected useful life.

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Investment property

	Investment property
	£
Valuation
As at 01 July 2024	2,405,790
As at 30 June 2025	2,405,790

4. Debtors

	2025		2024
	£		£
Trade debtors	9,000		9,000
Other debtors	41,714		41,492
	50,714		50,492

5. Current asset investments

	2025		2024
	£		£
Shares held in Subsidiary	98		98

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	32,400		34,800
Taxation and social security	3,083		1,487
Other creditors	737,160		630,853
	772,643		667,140

Security has been given on the company's borrowings by a charge over the property owned by the company.

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	248,415		359,143

Security has been given on the company's borrowings by a charge over the property owned by the company.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
200 Ordinary shares of £ 1.00 each	200		200