REGISTERED NUMBER: 12988151 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Unicorn Inn (Orton) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C M Goss

Mr A Goss

SECRETARY:

Mr C M Goss

REGISTERED OFFICE:

20 Main Street Orton-On-The-Hill

Atherstone

United Kingdom

Leicestershire

CV9 3NN

REGISTERED NUMBER:

12988151 (England and Wales)

ACCOUNTANTS:

CCW Limited

Chartered Accountants

295/297 Church Street

Blackpool

Lancashire

FY1 3PJ

FIXED ASSETS

Intangible assets

4

65,000

75,000

Tangible assets

5

32,631

38,986

97,631

113,986

CURRENT ASSETS

Stocks

5,500

7,500

Debtors

6

1,593

2,068

Cash at bank and in hand

74,914

113,562

82,007

123,130

CREDITORS

Amounts falling due within one year

7

148,744

185,796

NET CURRENT LIABILITIES

(66,737

)

(62,666

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30,894

51,320

PROVISIONS FOR LIABILITIES

3,816

5,921

NET ASSETS

27,078

45,399

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

26,978

45,299

27,078

45,399

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.

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 7 November 2025 and were signed on its behalf by:

Mr C M Goss - Director

Mr A Goss - Director

1.	STATUTORY INFORMATION

Unicorn Inn (Orton) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

100,000

AMORTISATION

At 1 April 2024

25,000

Amortisation for year

10,000

At 31 March 2025

35,000

NET BOOK VALUE

At 31 March 2025

65,000

At 31 March 2024

75,000

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

49,380

7,500

1,517

58,397

DEPRECIATION

At 1 April 2024

15,466

3,281

664

19,411

Charge for year

5,087

1,055

213

6,355

At 31 March 2025

20,553

4,336

877

25,766

NET BOOK VALUE

At 31 March 2025

28,827

3,164

640

32,631

At 31 March 2024

33,914

4,219

853

38,986

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Prepayments

1,593

2,068

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

20,303

24,441

Tax

6,411

21,051

Social security and other taxes

37,305

31,818

Directors' loan accounts

73,983

90,515

Accrued expenses

10,742

17,971

148,744

185,796