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Registered number: 13379062
Hamlet Inns Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Brackenfern Advisory Limited
First Floor
5 High Street
Westbury-on-Trym
Bristol
BS9 3BY
Hamlet Inns Limited
Contents
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Hamlet Inns Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 13379062
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 10,937 9,488
Debtors 5 1,692 1,484
Cash at bank and in hand 203,266 158,684
215,895 169,656
Creditors: Amounts Falling Due Within One Year 6 (128,540 ) (116,372 )
NET CURRENT ASSETS (LIABILITIES) 87,355 53,284
TOTAL ASSETS LESS CURRENT LIABILITIES 87,355 53,284
NET ASSETS 87,355 53,284
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 87,353 53,282
SHAREHOLDERS' FUNDS 87,355 53,284
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Nicola Gilbert
Director
9 December 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Hamlet Inns Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Hamlet Inns Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13379062 . The registered office is Blaise Inn, 260 Henbury Road, Henbury, Bristol, BS10 7QR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss. All other investments are subsequently measured ar cost less impairment. Debtors and creditors that fall due within one year are recorded in the financial statements at transaction price and then subsequently measured at amortised cost. If the effects of the time value of money are immaterial, they are measured at cost (less impairment for trade debtors). Debtors are reviewed for impairment at each reporting date and any impairments are recorded within profit and loss and shown within administrative expenses when there is objective evidence that a debtor is impaired. Objective evidence that a debtor is impaired arises when the customer is unable to settle amounts owing to the company or the customer becomes bankrupt. Debtors do not carry interest and are stated at their nominal value. Trade creditors are not interest-bearing and are stated at their nominal value. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit and loss immediately. All equity instruments, regardless of significance , and other financial assets that are individually significant, are assesed individually for impairment. Other financial assets are either assessed individually or grouped on the similar basis of credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.
Page 2
Page 3
Hamlet Inns Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2024: 13)
17 13
4. Stocks
2025 2024
£ £
Stock 10,937 9,488
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 1,692 1,484
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 12,213 11,587
Amounts owed to group undertakings 23,757 16,307
Other creditors 59,751 53,685
Taxation and social security 32,819 34,793
128,540 116,372
Page 3
Page 4
Hamlet Inns Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
8. Pension Commitments
The company operates a defined contribution pension scheme for Hamlet Inns Limited. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £733 (PY £781) were due to the fund. They are included in Other Creditors.
Page 4