Malvern Inns Three Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09840129

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		43,547		47,783
Tangible Assets	5		47,712		61,234

			91,259		109,017
CURRENT ASSETS
Stocks	6	18,420		10,972
Debtors	7	66,616		85,745
Investments	8	26,122		26,122
Cash at bank and in hand		71,832		16,387

		182,990		139,226
Creditors: Amounts Falling Due Within One Year	9	(132,022 )		(175,599 )

NET CURRENT ASSETS (LIABILITIES)			50,968		(36,373 )

TOTAL ASSETS LESS CURRENT LIABILITIES			142,227		72,644

Creditors: Amounts Falling Due After More Than One Year	10		(690,516 )		(637,373 )

NET LIABILITIES			(548,289 )		(564,729 )

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			(548,389 )		(564,829 )

SHAREHOLDERS' FUNDS			(548,289)		(564,729)

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Malvern Inns Three 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 Alastair Scott

Director

24/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Malvern Inns Three Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09840129 . The registered office is The Castle Inn, 35 High Street, Spofforth, Harrogate, HG3 1BQ.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. 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:

Plant & Machinery	33 % wdv
Fixtures & Fittings	33 % wdv

2.5. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 38 (2024: 27)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	83,372

As at 31 March 2025	83,372

...CONTINUED

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Malvern Inns Three Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Amortisation
As at 1 April 2024	35,589
Provided during the period	4,236

As at 31 March 2025	39,825

Net Book Value
As at 31 March 2025	43,547

As at 1 April 2024	47,783

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	60,282	454,414	514,696
Additions	7,849	-	7,849

As at 31 March 2025	68,131	454,414	522,545

Depreciation
As at 1 April 2024	45,783	407,679	453,462
Provided during the period	5,949	15,422	21,371

As at 31 March 2025	51,732	423,101	474,833

Net Book Value
As at 31 March 2025	16,399	31,313	47,712

As at 1 April 2024	14,499	46,735	61,234

6. Stocks

	2025	2024
	£	£
Stock	18,420	10,972

7. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	-	4,190
Due after more than one year
I/C Malvern Inns Property Ltd	1,500	1,500
I/C Malvern Inns Ltd.	65,116	80,055

	66,616	81,555

	66,616	85,745

8. Current Asset Investments

	2025	2024
	£	£
Short term deposits	26,122	26,122

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Malvern Inns Three Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	36,719	75,084
Bank loans and overdrafts	-	6,568
VAT	73,746	54,753
PAYE	8,638	17,036
Pension	1,856	5,900
Accruals and deferred income	11,063	16,258

	132,022	175,599

10. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	4,451	20,642
Andrew Scott	40,000	40,000
I/C Malvern Inns Two Ltd	221,065	251,731
Catton Consultancy	145,000	125,000
Alistar Scott	115,000	90,000
D Roffe	-	50,000
Ed Watson	165,000	60,000

	690,516	637,373

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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