Bunessan Inn Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14702413

Bunessan Inn Limited

Filleted Unaudited Financial Statements

31 March 2025

Bunessan Inn Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Bunessan Inn Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		164,218		132,819

Current assets

Stocks		7,577	5,855
Debtors	6	269	11,410
Cash at bank and in hand		15,614	4,074
		--------	--------
		23,460	21,339

Creditors: amounts falling due within one year	7	287,176		273,607
		---------		---------
Net current liabilities			263,716		252,268
			---------		---------
Total assets less current liabilities			( 99,498)		( 119,449)
			--------		---------
Net liabilities			( 99,498)		( 119,449)
			--------		---------

Bunessan Inn Limited

Balance Sheet (continued)

31 March 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 99,598)	( 119,549)
	--------	---------
Shareholders deficit	( 99,498)	( 119,449)
	--------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

Mrs A M Moore

Director

Company registration number: 14702413

Bunessan Inn Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Going concern

The directors acknowledge the retained losses during the year, and believe that with their continued support the company to be a going concern.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	10% straight line
Plant and machinery	-	30% reducing balance
Fixtures and fittings	-	25% reducing balance

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2024: 8 ).

5. Tangible assets

	Short leasehold property	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 April 2024	128,304	2,560	20,736	151,600
Additions	41,312	12,690	3,441	57,443
	---------	--------	--------	---------
At 31 March 2025	169,616	15,250	24,177	209,043
	---------	--------	--------	---------
Depreciation
At 1 April 2024	12,830	767	5,184	18,781
Charge for the year	16,961	4,345	4,738	26,044
	---------	--------	--------	---------
At 31 March 2025	29,791	5,112	9,922	44,825
	---------	--------	--------	---------
Carrying amount
At 31 March 2025	139,825	10,138	14,255	164,218
	---------	--------	--------	---------
At 31 March 2024	115,474	1,793	15,552	132,819
	---------	--------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	269	2,863
Other debtors	–	8,547
	----	--------
	269	11,410
	----	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	6,879	42,650
Social security and other taxes	6,508	561
Other creditors	273,789	230,396
	---------	---------
	287,176	273,607
	---------	---------

8. Directors' advances, credits and guarantees

During the year, the directors had interest-free, repayable on demand loans with the company. At the start of the year they were owed £221,616 and at the end of the year they were owed £259,254.