Registration number: 14743728

Dean Hospitality Limited

trading as The Village Inn

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Dean Hospitality Limited

trading as The Village Inn

Company Information

Directors

Mr Robert Gene Dean Mrs Natalie Jane Dean

Registered office

C/o Ash Grove Accounting Limited 4 Kenn Road Clevedon Somerset BS21 6EL

Accountants

Ash Grove Accounting Limited Accountants4 Kenn Road Clevedon Somerset BS21 6EL

Dean Hospitality Limited

trading as The Village Inn

(Registration number: 14743728)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,283	2,195
Current assets
Stocks	5	3,464	10,324
Debtors	6	81,819	17,726
Cash at bank and in hand		4,790	11,629
		90,073	39,679
Creditors: Amounts falling due within one year	7	(175,722)	(74,280)
Net current liabilities		(85,649)	(34,601)
Net liabilities		(83,366)	(32,406)
Capital and reserves
Called up share capital	8	120	120
Retained earnings		(83,486)	(32,526)
Shareholders' deficit		(83,366)	(32,406)

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 January 2026 and signed on its behalf by:
 

......................................... Mrs Natalie Jane Dean Director

Dean Hospitality Limited

trading as The Village Inn

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/o Ash Grove Accounting Limited
4 Kenn Road
Clevedon
Somerset
BS21 6EL
England

The principal place of business is:
The Village Inn
Youngaton Road
Westward Ho
Devon
EX39 1HU

These financial statements were authorised for issue by the Board on 12 January 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Dean Hospitality Limited

trading as The Village Inn

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% straight line per annum
Office equipment	20% straight line per annum

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Dean Hospitality Limited

trading as The Village Inn

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 18 (2024 - 9).

Dean Hospitality Limited

trading as The Village Inn

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 April 2024	2,259	159	2,418
Additions	540	-	540
At 31 March 2025	2,799	159	2,958
Depreciation
At 1 April 2024	202	21	223
Charge for the year	420	32	452
At 31 March 2025	622	53	675
Carrying amount
At 31 March 2025	2,177	106	2,283
At 31 March 2024	2,057	138	2,195

5

Stocks

	2025 £	2024 £
Other inventories	3,464	10,324

6

Debtors

Current	2025 £	2024 £
Prepayments	7,570	4,657
Other debtors	74,249	13,069
	81,819	17,726

7

Creditors

Creditors: amounts falling due within one year

Dean Hospitality Limited

trading as The Village Inn

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	16,141	16,553
Trade creditors		53,550	15,751
Taxation and social security		89,196	19,551
Accruals and deferred income		3,737	10,285
Other creditors		13,098	12,140
		175,722	74,280

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	120	120	120	120

9	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	16,141	16,553

10	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Advances to director £	At 31 March 2025 £
Advances during the year	5,626	45,740	51,366

Dean Hospitality Limited

trading as The Village Inn

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

2024	At 1 April 2023 £	Advances to director £	At 31 March 2024 £
Advances during the year	-	5,626	5,626

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	2,000	-