Open House New Forest Ltd 15604382 false 2024-03-30 2025-03-31 2025-03-31 The principal activity of the company is Public houses and bars Digita Accounts Production Advanced 6.30.9574.0 true 15604382 2024-03-30 2025-03-31 15604382 2025-03-31 15604382 core:CurrentFinancialInstruments 2025-03-31 15604382 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 15604382 core:FurnitureFittingsToolsEquipment 2025-03-31 15604382 core:LandBuildings 2025-03-31 15604382 bus:SmallEntities 2024-03-30 2025-03-31 15604382 bus:AuditExemptWithAccountantsReport 2024-03-30 2025-03-31 15604382 bus:AbridgedAccounts 2024-03-30 2025-03-31 15604382 bus:SmallCompaniesRegimeForAccounts 2024-03-30 2025-03-31 15604382 bus:RegisteredOffice 2024-03-30 2025-03-31 15604382 bus:Director1 2024-03-30 2025-03-31 15604382 bus:Director2 2024-03-30 2025-03-31 15604382 bus:PrivateLimitedCompanyLtd 2024-03-30 2025-03-31 15604382 bus:Agent1 2024-03-30 2025-03-31 15604382 core:FurnitureFittings 2024-03-30 2025-03-31 15604382 core:FurnitureFittingsToolsEquipment 2024-03-30 2025-03-31 15604382 core:LandBuildings 2024-03-30 2025-03-31 15604382 core:LeaseholdImprovements 2024-03-30 2025-03-31 15604382 countries:EnglandWales 2024-03-30 2025-03-31 iso4217:GBP xbrli:pure

Registration number: 15604382

Open House New Forest Ltd
trading as The Foresters Arms
Annual Report and Unaudited Abridged Financial Statements
for the Period from 30 March 2024 to 31 March 2025

Open House New Forest Ltd
trading as The Foresters Arms

Contents

Company Information | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 7

Open House New Forest Ltd
trading as The Foresters Arms

Company Information

Directors | J A D Daniels I Daniels

Registered office | 10 Cheyne Walk Northampton England NN1 5PT

Accountants | Inn Control Hospitality Accountants Limited 10 Cheyne Walk Northampton Northamptonshire NN1 5PT

Open House New Forest Ltd
trading as The Foresters Arms

(Registration number: 15604382)
Abridged Balance Sheet as at 31 March 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 4 | 14,387
Current assets |  |
Stocks | 5 | 6,939
Debtors |  | 37,730
Cash at bank and in hand |  | 8,551
|  | 53,220
Prepayments and accrued income |  | 2,975
Creditors: Amounts falling due within one year |  | (60,494)
Net current liabilities |  | (4,299)
Total assets less current liabilities |  | 10,088
Accruals and deferred income |  | (985)
Net assets |  | 9,103
Capital and reserves |  |
Called up share capital |  | 100
Retained earnings |  | 9,003
Shareholders' funds |  | 9,103

For the financial period ending 31 March 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 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.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option to not file the profit and loss account has been taken.

Open House New Forest Ltd
trading as The Foresters Arms

(Registration number: 15604382)
Abridged Balance Sheet as at 31 March 2025

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

Approved and authorised by the Board on 2 December 2025 and signed on its behalf by:

......................................... J A D Daniels Director

Open House New Forest Ltd
trading as The Foresters Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 30 March 2024 to 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Cheyne Walk
Northampton
England
NN1 5PT

These financial statements were authorised for issue by the Board on 2 December 2025.

2 | 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.

Judgements

In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' best judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be appropriate.
Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

Open House New Forest Ltd
trading as The Foresters Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 30 March 2024 to 31 March 2025

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.

Tax

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.

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
Furniture & Fixtures | 15% Straight line
Short leasehold | 15% Straight line

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.

Open House New Forest Ltd
trading as The Foresters Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 30 March 2024 to 31 March 2025

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.

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Open House New Forest Ltd
trading as The Foresters Arms

Notes to the Unaudited Abridged Financial Statements for the Period from 30 March 2024 to 31 March 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 13.

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
Additions | 4,817 | 11,791 | 16,608
At 31 March 2025 | 4,817 | 11,791 | 16,608
Depreciation
Charge for the period | 604 | 1,617 | 2,221
At 31 March 2025 | 604 | 1,617 | 2,221
Carrying amount
At 31 March 2025 | 4,213 | 10,174 | 14,387

Included within the net book value of land and buildings above is £4,213 in respect of short leasehold land and buildings.

5 | Stocks

| 2025 £
Other inventories | 6,939