11393931falsepublic house and bar2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 11393931
Pheasant Inn Keswick Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Pheasant Inn Keswick Ltd
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet2
Notes To The Accounts3
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Pheasant Inn Keswick Ltd
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Intangible assets330,30539,630
Tangible assets428,91822,706
59,22362,336
CURRENT ASSETS
Stock9,6429,619
Debtors616,52716,365
Cash at bank and in hand87,934124,933
114,103150,917
CREDITORS: Amounts falling due within one year793,50877,487
NET CURRENT ASSETS20,59573,430
TOTAL ASSETS LESS CURRENT LIABILITIES79,818135,766
CREDITORS: Amounts falling due after more than one year8-12,370
PROVISIONS FOR LIABILITIES AND CHARGES94,0222,708
NET ASSETS75,796120,688
CAPITAL AND RESERVES
Called up share capital10100100
Profit and loss account75,696120,588
SHAREHOLDERS' FUNDS75,796120,688
For the year ending 31/03/2025 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25/11/2025 and signed on their behalf by
.............................
Mrs M L Hammond
Director
Pheasant Inn Keswick Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Long Leasehold Propertiesreducing balance 15%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
Pheasant Inn Keswick Ltd
2. EMPLOYEES
20252024
No.No.
Average number of employees3025
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/202493,24993,249
At 31/03/202593,24993,249
Depreciation
At 01/04/202453,61953,619
For the year9,3259,325
At 31/03/202562,94462,944
Net Book Amounts
At 31/03/202530,30530,305
At 31/03/202439,63039,630
4. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 01/04/202417,55533,70151,256
Additions-11,96911,969
At 31/03/202517,55545,67063,225
Depreciation
At 01/04/20249,10419,44628,550
For the year7035,0545,757
At 31/03/20259,80724,50034,307
Net Book Amounts
At 31/03/20257,74821,17028,918
At 31/03/20248,45114,25522,706
Pheasant Inn Keswick Ltd
5. STOCK 20252024
££
Stock comprises:
Stock9,6429,619
9,6429,619
6. DEBTORS 20252024
££
Amounts falling due within one year:
Other debtors16,52716,365
16,52716,365
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Bank loans and overdrafts12,21810,048
Trade creditors34,84727,640
Taxation and social security30,51427,026
Other creditors15,92912,773
93,50877,487
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans and overdrafts-12,370
-12,370
Pheasant Inn Keswick Ltd
9. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation4,0222,708
4,0222,708
10. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Class 1 shares of £1 each100100
100100