REGISTERED NUMBER: 07083523 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Dougal Inns Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D Nicholson

Mrs J A Nicholson

J Holden

REGISTERED OFFICE:

1st Floor, Cromwell House

14 Fulwood Place

London

WC1V 6HZ

REGISTERED NUMBER:

07083523 (England and Wales)

ACCOUNTANTS:

Gorrie Whitson

1st Floor , Cromwell House

14 Fulwood Place

London

WC1V 6HZ

FIXED ASSETS

Tangible assets

4

3,605,854

3,587,093

CURRENT ASSETS

Stocks

60,754

69,754

Debtors

5

118,948

211,480

Cash at bank and in hand

1,171,304

1,167,209

1,351,006

1,448,443

CREDITORS

Amounts falling due within one year

6

755,463

794,654

NET CURRENT ASSETS

595,543

653,789

TOTAL ASSETS LESS CURRENT LIABILITIES

4,201,397

4,240,882

CREDITORS

Amounts falling due after more than one year

7

(439,674

)

(542,280

)

PROVISIONS FOR LIABILITIES

(2,460

)

(2,460

)

NET ASSETS

3,759,263

3,696,142

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,759,261

3,696,140

SHAREHOLDERS' FUNDS

3,759,263

3,696,142

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 10 December 2025 and were signed on its behalf by:

S D Nicholson - Director

1.	STATUTORY INFORMATION

Dougal Inns 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.

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

-

20% on reducing balance

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 112 (2024 - 113 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

3,484,824

262,065

35,946

-

3,782,835

Additions

-

61,264

-

1,890

63,154

At 31 March 2025

3,484,824

323,329

35,946

1,890

3,845,989

DEPRECIATION

At 1 April 2024

-

177,654

18,088

-

195,742

Charge for year

-

40,443

3,572

378

44,393

At 31 March 2025

-

218,097

21,660

378

240,135

NET BOOK VALUE

At 31 March 2025

3,484,824

105,232

14,286

1,512

3,605,854

At 31 March 2024

3,484,824

84,411

17,858

-

3,587,093

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

70,454

Other debtors

19,585

-

Directors' current accounts

99,363

141,026

118,948

211,480

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

130,125

122,835

Trade creditors

209,644

218,160

Tax

125,799

148,885

Social security and other taxes

52,529

50,933

VAT

196,472

215,522

Other creditors

5,058

6,361

Accruals and deferred income

35,836

31,958

755,463

794,654

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

439,674

460,514

Bank loans more 5 yr by instal

-

81,766

439,674

542,280

31.3.25

31.3.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

81,766

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Secured bank loans

558,551

643,440

The bank loans are secured on the freehold land and buildings.

9.	RELATED PARTY DISCLOSURES

The company is controlled by its directors Mr. SD and Mrs. JA Nicholson who are also shareholders. The amount due to the company by its directors on loan account at the 31 March 2025 was £99,363 (2024 £141,026).