REGISTERED NUMBER: 09989268 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

THE RED LION HOTEL (SPALDING) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A S Arundell

P Wilkinson

SECRETARY:

REGISTERED OFFICE:

23 High Street

Boston

Lincolnshire

PE21 8SH

REGISTERED NUMBER:

09989268 (England and Wales)

ACCOUNTANTS:

MJ Accountancy Services (Boston) Limited

3 Park View

Frithville

Boston

Lincolnshire

PE22 7HA

FIXED ASSETS

Tangible assets

4

126,478

168,637

CURRENT ASSETS

Debtors

5

626,723

645,634

Cash at bank

8,192

18,240

634,915

663,874

CREDITORS

Amounts falling due within one year

6

176,742

186,206

NET CURRENT ASSETS

458,173

477,668

TOTAL ASSETS LESS CURRENT LIABILITIES

584,651

646,305

CREDITORS

Amounts falling due after more than one year

7

168,687

192,630

NET ASSETS

415,964

453,675

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

415,864

453,575

415,964

453,675

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

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 27th November 2025 and were signed on its behalf by:

A S Arundell - Director

P Wilkinson - Director

1.	STATUTORY INFORMATION

The Red Lion Hotel (Spalding) 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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

224,850

DEPRECIATION

At 1st April 2024

56,213

Charge for year

42,159

At 31st March 2025

98,372

NET BOOK VALUE

At 31st March 2025

126,478

At 31st March 2024

168,637

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

626,723

645,634

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,556

5,556

Hire purchase contracts

17,074

17,074

Trade creditors

1,950

1,949

Taxation and social security

-

29,714

Other creditors

152,162

131,913

176,742

186,206

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

24,887

30,263

Hire purchase contracts

143,800

162,367

168,687

192,630

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,664

8,040