REGISTERED NUMBER: 08970448 (England and Wales)

T W I PUBS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Harding

REGISTERED OFFICE:

15 High Street

Brackley

Northamptonshire

NN13 7DH

REGISTERED NUMBER:

08970448 (England and Wales)

ACCOUNTANTS:

Blencowes

15 High Street

Brackley

Northamptonshire

NN13 7DH

FIXED ASSETS

Tangible assets

4

132,332

136,435

Investments

5

-

20,000

132,332

156,435

CURRENT ASSETS

Stocks

21,357

19,066

Debtors

6

10,958

17,611

Cash at bank and in hand

179,653

222,955

211,968

259,632

CREDITORS

Amounts falling due within one year

7

163,150

188,042

NET CURRENT ASSETS

48,818

71,590

TOTAL ASSETS LESS CURRENT LIABILITIES

181,150

228,025

CREDITORS

Amounts falling due after more than one year

8

(1,668

)

(13,447

)

PROVISIONS FOR LIABILITIES

(30,819

)

(31,631

)

NET ASSETS

148,663

182,947

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

148,563

182,847

SHAREHOLDERS' FUNDS

148,663

182,947

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 director acknowledges his 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 director and authorised for issue on 13 November 2025 and were signed by:

Mr D Harding - Director

1.	STATUTORY INFORMATION

T W I Pubs 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover from the sale of wet and dry stock is recognised when the significant rewards of ownership are transferred and the transaction is expected to generate a future cash flow. This is usually at the point of sale.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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 taxation

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 34 (2024 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

14,714

60,182

155,294

Additions

-

9,154

2,704

Disposals

-

-

-

At 31 March 2025

14,714

69,336

157,998

DEPRECIATION

At 1 April 2024

11,817

41,405

97,242

Charge for year

435

3,534

5,849

Eliminated on disposal

-

-

-

At 31 March 2025

12,252

44,939

103,091

NET BOOK VALUE

At 31 March 2025

2,462

24,397

54,907

At 31 March 2024

2,897

18,777

58,052

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

55,561

18,631

304,382

Additions

-

3,016

14,874

Disposals

-

(999

)

(999

)

At 31 March 2025

55,561

20,648

318,257

DEPRECIATION

At 1 April 2024

8,682

8,801

167,947

Charge for year

7,032

1,664

18,514

Eliminated on disposal

-

(536

)

(536

)

At 31 March 2025

15,714

9,929

185,925

NET BOOK VALUE

At 31 March 2025

39,847

10,719

132,332

At 31 March 2024

46,879

9,830

136,435

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

20,000

Disposals

(20,000

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

20,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

2,088

Other debtors

10,067

15,215

Prepayments

891

308

10,958

17,611

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

33,687

20,728

Tax

16,832

22,306

Social security and other taxes

7,548

10,989

VAT

35,566

68,640

Other creditors

34,608

31,531

Directors' current accounts

10,521

11,410

Accrued expenses

14,388

12,438

163,150

188,042

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

1,668

13,447

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100