REGISTERED NUMBER: 06181467 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

STIRRUPS HOTEL LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C G Reed

Mrs W Reed

Mrs K L McKelvie

Mr J P McKelvie

SECRETARY:

Mrs K L McKelvie

REGISTERED OFFICE:

Maidens Green

Bracknell

Berkshire

RG42 6LD

REGISTERED NUMBER:

06181467 (England and Wales)

FIXED ASSETS

Tangible assets

4

693,825

699,212

CURRENT ASSETS

Stocks

17,889

18,512

Debtors

332,585

610,771

Cash at bank and in hand

12,034

20,100

362,508

649,383

CREDITORS

Amounts falling due within one year

422,074

711,445

NET CURRENT LIABILITIES

(59,566

)

(62,062

)

TOTAL ASSETS LESS CURRENT LIABILITIES

634,259

637,150

CREDITORS

Amounts falling due after more than one year

(5,000

)

(15,000

)

PROVISIONS FOR LIABILITIES

(165,167

)

(165,006

)

NET ASSETS

464,092

457,144

CAPITAL AND RESERVES

Called up share capital

1,100

1,100

Retained earnings

462,992

456,044

SHAREHOLDERS' FUNDS

464,092

457,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2025 and were signed on its behalf by:

Mr J P McKelvie - Director

1.	STATUTORY INFORMATION

Stirrups Hotel 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost and 10% 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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Government grants

Government grants are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2024 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

1,491,683

Additions

67,241

At 31 March 2025

1,558,924

DEPRECIATION

At 1 April 2024

792,471

Charge for year

72,628

At 31 March 2025

865,099

NET BOOK VALUE

At 31 March 2025

693,825

At 31 March 2024

699,212

5.	CONTINGENT LIABILITIES

The group's bank facilities are secured by a legal charge, with unlimited cross guarantees between Stirrups Holdings Limited and Stirrups Hotel Limited.

6.	OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £142,641 at the balance sheet date.