REGISTERED NUMBER: 11931929 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

FOR

DEW DROP INN EASTBOURNE LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

5

24,316

30,395

Tangible assets

6

16,513

20,280

40,829

50,675

CURRENT ASSETS

Stocks

7

3,664

8,356

Debtors

8

832,200

197,578

Cash at bank and in hand

1,024

238,669

836,888

444,603

CREDITORS

Amounts falling due within one year

9

273,632

248,724

NET CURRENT ASSETS

563,256

195,879

TOTAL ASSETS LESS CURRENT LIABILITIES

604,085

246,554

CREDITORS

Amounts falling due after more than one year

10

(330,266

)

-

PROVISIONS FOR LIABILITIES

13

(3,754

)

(4,136

)

NET ASSETS

270,065

242,418

CAPITAL AND RESERVES

Called up share capital

14

100

100

Retained earnings

269,965

242,318

SHAREHOLDERS' FUNDS

270,065

242,418

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 her 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 director and authorised for issue on 15 December 2025 and were signed by:

Miss S Simes - Director

1.	STATUTORY INFORMATION

Dew Drop Inn Eastbourne 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:

11931929

Registered office:

53 Gildredge Road

Eastbourne

East Sussex

BN21 4SF

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The company has prepared these accounts on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable of food and drinks served to customers. This is net of any discounts and VAT.

Goodwill

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

Goodwill - 10% straight line

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.

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Equipment

-

25% on reducing balance

All fixed assets are initially recorded at cost.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

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.

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.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

60,790

AMORTISATION

At 1 April 2024

30,395

Charge for year

6,079

At 31 March 2025

36,474

NET BOOK VALUE

At 31 March 2025

24,316

At 31 March 2024

30,395

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Equipment

Totals

£

£

£

£

COST

At 1 April 2024

7,576

22,546

11,167

41,289

Additions

2,155

-

-

2,155

At 31 March 2025

9,731

22,546

11,167

43,444

DEPRECIATION

At 1 April 2024

2,813

12,481

5,715

21,009

Charge for year

1,177

3,382

1,363

5,922

At 31 March 2025

3,990

15,863

7,078

26,931

NET BOOK VALUE

At 31 March 2025

5,741

6,683

4,089

16,513

At 31 March 2024

4,763

10,065

5,452

20,280

7.

STOCKS

2025

2024

£

£

Stocks

3,664

8,356

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

6,087

30,173

Amounts owed by group undertakings

825,150

-

Other debtors

-

166,549

Prepayments and accrued income

963

856

832,200

197,578

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 11)

43,479

-

Other loans (see note 11)

55,097

-

Trade creditors

25,856

44,269

Amounts owed to group undertakings

7,443

-

Corporation tax

33,032

49,678

VAT

20,307

24,497

Other creditors

9,848

-

Director's current account

65,150

116,411

Accruals and deferred income

13,420

13,869

273,632

248,724

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 11)

129,824

-

Other loans (see note 11)

200,442

-

330,266

-

11.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

1,374

-

Bank loans

42,105

-

Other loans

55,097

-

98,576

-

Amounts falling due between one and two years:

Bank loans - 1-2 years

42,105

-

Other loans - 1-2 years

69,105

-

111,210

-

Amounts falling due between two and five years:

Bank loans - 2-5 years

87,719

-

Other loans - 2-5 years

131,337

-

219,056

-

12.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

41,000

41,000

Between one and five years

164,000

164,000

In more than five years

167,727

208,727

372,727

413,727

13.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

3,754

4,136

Deferred

tax

£

Balance at 1 April 2024

4,136

Provided during year

(382

)

Balance at 31 March 2025

3,754

14.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100