Judy Taverns Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06863852

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,441		3,255
Investment Properties	5		550,000		550,000

			552,441		553,255
CURRENT ASSETS
Cash at bank and in hand		6,191		26,084

		6,191		26,084
Creditors: Amounts Falling Due Within One Year	6	(16,855 )		(16,362 )

NET CURRENT ASSETS (LIABILITIES)			(10,664 )		9,722

TOTAL ASSETS LESS CURRENT LIABILITIES			541,777		562,977

PROVISIONS FOR LIABILITIES
Deferred Taxation			(7,054 )		(7,208 )

NET ASSETS			534,723		555,769

CAPITAL AND RESERVES
Called up share capital	7		1,002		1,002
Revaluation reserve	8		151,536		151,536
Profit and Loss Account			382,185		403,231

SHAREHOLDERS' FUNDS			534,723		555,769

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Judy Taverns Limited

Balance Sheet (continued)

As At 31 March 2025

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 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 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

Mr Andrew Treanor

Director

18 December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Judy Taverns Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06863852 . The registered office is 16 Queen Street, Ilkeston, Derbyshire, DE7 5GT.

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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

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Judy Taverns Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2024	27,661

As at 31 March 2025	27,661

Depreciation
As at 1 April 2024	24,406
Provided during the period	814

As at 31 March 2025	25,220

Net Book Value
As at 31 March 2025	2,441

As at 1 April 2024	3,255

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	550,000

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	899	-
Corporation tax	9,292	9,602
Other taxes and social security	2,609	2,705
Other creditors	4,055	4,055

	16,855	16,362

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,002	1,002

8. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	151,536

As at 31 March 2025	151,536

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