THE KINGS ARMS (ST OSYTH) LTD


Directors	OLLEY, Andrew William
	OLLEY, Racheal Anne


Registered Address	2 Colchester Road
	St. Osyth
	Clacton-On-Sea
	CO16 8HA


Registered Number	15000306 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		21,515		20,539
			21,515		20,539
Current assets
Stocks	4	4,200		3,500
Debtors	5	2,290		6,995
Cash at bank and on hand		11,015		9,607
		17,505		20,102
Creditors amounts falling due within one year	6	(25,888)		(37,926)
Net current assets (liabilities)			(8,383)		(17,824)
Total assets less current liabilities			13,132		2,715
Creditors amounts falling due after one year	7		(7,250)		(13,750)
Net assets			5,882		(11,035)
Capital and reserves
Called up share capital			100		100
Profit and loss account			5,782		(11,135)
Shareholders' funds			5,882		(11,035)

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 28 November 2025, and are signed on its behalf by:

OLLEY, Racheal Anne
Director
Registered Company No. 15000306

THE KINGS ARMS (ST OSYTH) LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Land and buildings	25
	Plant and machinery	25
	Office Equipment	25

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	11		6

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 August 24	20,400	-	185	20,585
Additions	-	1,348	-	1,348
At 31 July 25	20,400	1,348	185	21,933
Depreciation and impairment
At 01 August 24	-	-	46	46
Charge for year	-	337	35	372
At 31 July 25	-	337	81	418
Net book value
At 31 July 25	20,400	1,011	104	21,515
At 31 July 24	20,400	-	139	20,539

4.	Stocks

	2025	2024
	£	£
Finished goods	4,200	3,500
Total	4,200	3,500

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	100
Other debtors	2,290	6,787
Prepayments and accrued income	-	108
Total	2,290	6,995

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	10,729	10,132
Taxation and social security	10,409	21,516
Other creditors	4,750	4,250
Accrued liabilities and deferred income	-	2,028
Total	25,888	37,926

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	7,250	13,750
Total	7,250	13,750

8.	Operating lease commitments
	At 31 July 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £345,600.

9.	Directors advances, credits and guarantees
	Included within other creditors are amounts due to the directors of £500 (2024 - £6,788 debtor). Interest has been charged at 2.5% on amounts overdrawn by the director.