REGISTERED NUMBER: 03165874 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

Burlison Inns Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

7,000

14,000

Tangible assets

5

143,130

155,518

Investments

6

2,765,674

2,816,753

Investment property

7

4,732,202

4,117,915

7,648,006

7,104,186

CURRENT ASSETS

Debtors

8

89,140

156,418

Cash at bank

3,694,482

3,331,703

3,783,622

3,488,121

CREDITORS

Amounts falling due within one year

9

886,312

853,044

NET CURRENT ASSETS

2,897,310

2,635,077

TOTAL ASSETS LESS CURRENT LIABILITIES

10,545,316

9,739,263

PROVISIONS FOR LIABILITIES

42,502

42,502

NET ASSETS

10,502,814

9,696,761

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

10

451,680

451,680

Retained earnings

10,051,132

9,245,079

SHAREHOLDERS' FUNDS

10,502,814

9,696,761

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 Profit And Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

Mr G J Burlison - Director

1.	STATUTORY INFORMATION

Burlison Inns Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03165874

Registered office:

Withy Pool

Bedford Road

Lower Stondon

Bedfordshire

SG16 6EA

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 as modified by the revaluation of certain assets.

The company is exempt from preparing consolidated financial statements on the grounds that, together with its subsidiary undertakings, it qualifies as a small-sized group under section 398 of the Companies Act 2006. These financial statements therefore present the information about the company as an individual undertaking and not about its group.

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 2016, 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.

Freehold property

-

not provided

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit And Loss Account, 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.

Investments

Fixed asset investments are included in the company's balance sheet at cost less any amounts written off for impairment in value. The income derived in the form of management charges is included in the profit and loss account.

Current asset investments are stated at cost less provision for any permanent diminution in value. Income from current asset investments is included in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

70,000

AMORTISATION

At 1 April 2024

56,000

Amortisation for year

7,000

At 31 March 2025

63,000

NET BOOK VALUE

At 31 March 2025

7,000

At 31 March 2024

14,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

116,875

82,500

181,161

12,072

392,608

Additions

-

-

14,500

-

14,500

Disposals

-

-

(43,075

)

-

(43,075

)

At 31 March 2025

116,875

82,500

152,586

12,072

364,033

DEPRECIATION

At 1 April 2024

-

82,499

142,945

11,646

237,090

Charge for year

-

-

8,677

209

8,886

Eliminated on disposal

-

-

(25,073

)

-

(25,073

)

At 31 March 2025

-

82,499

126,549

11,855

220,903

NET BOOK VALUE

At 31 March 2025

116,875

1

26,037

217

143,130

At 31 March 2024

116,875

1

38,216

426

155,518

The directors consider the fair value (cost) of the freehold properties represents their current open market value.

6.	FIXED ASSET INVESTMENTS

Interest

in other

participating

Unlisted

interests

investments

Totals

£

£

£

COST

At 1 April 2024

2,450,753

366,000

2,816,753

Additions

38,921

-

38,921

Disposals

-

(90,000

)

(90,000

)

At 31 March 2025

2,489,674

276,000

2,765,674

NET BOOK VALUE

At 31 March 2025

2,489,674

276,000

2,765,674

At 31 March 2024

2,450,753

366,000

2,816,753

The addition of £38,921 represents the company's further cost of investment in Burlison Inns (UK) LLP (incorporated in England) in which it is a corporate member.

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

4,117,915

Additions

614,287

At 31 March 2025

4,732,202

NET BOOK VALUE

At 31 March 2025

4,732,202

At 31 March 2024

4,117,915

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

485,682

Cost

4,246,520

4,732,202

If investment properties had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

3,632,233

3,632,233

Investment properties were valued on an open market basis on 31 March 2025 by the directors .

The directors consider the fair values of the investment properties is not materially different to their current open market values.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

86,340

148,501

Other debtors

2,800

7,917

89,140

156,418

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

175,301

186,143

Amounts owed to group undertakings

1,000

1,000

Taxation and social security

326,310

318,408

Other creditors

383,701

347,493

886,312

853,044

10.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

451,680