Great Bear Pubs Limited

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

Registered number: 08593074

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		57,137		67,342

			57,137		67,342
CURRENT ASSETS
Stocks	5	6,750		8,000
Debtors	6	10,650		25,053
Cash at bank and in hand		14,791		21,044

		32,191		54,097
Creditors: Amounts Falling Due Within One Year	7	(63,400 )		(91,938 )

NET CURRENT ASSETS (LIABILITIES)			(31,209 )		(37,841 )

TOTAL ASSETS LESS CURRENT LIABILITIES			25,928		29,501

NET ASSETS			25,928		29,501

CAPITAL AND RESERVES
Called up share capital	8		101		101
Profit and Loss Account			25,827		29,400

SHAREHOLDERS' FUNDS			25,928		29,501

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Great Bear Pubs Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Adam Phillips

Director

13/01/2026

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

1. General Information

Great Bear Pubs Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08593074 . The registered office is The Regent, Chapel Street, Penzance, Cornwall, TR18 4AE.

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. 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:

Freehold	0%
Leasehold	Over the length of the lease
Plant & Machinery	25% WDV
Motor Vehicles	25% WDV
Fixtures & Fittings	25% WDV
Computer Equipment	25% WDV

2.4. 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.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Great Bear Pubs Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 15 (2024: 15)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 August 2024	129,792	5,377	78,841	2,046	216,056
Additions	-	370	1,228	615	2,213

As at 31 July 2025	129,792	5,747	80,069	2,661	218,269

Depreciation
As at 1 August 2024	80,989	1,654	64,765	1,306	148,714
Provided during the period	7,508	862	3,787	261	12,418

As at 31 July 2025	88,497	2,516	68,552	1,567	161,132

Net Book Value
As at 31 July 2025	41,295	3,231	11,517	1,094	57,137

As at 1 August 2024	48,803	3,723	14,076	740	67,342

5. Stocks

	2025	2024
	£	£
Materials	6,750	8,000

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Great Bear Pubs Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	1,638	86
Rent Deposit Account	9,012	9,012
VAT	-	13,592
Director's loan account	-	2,363

	10,650	25,053

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	17,353	22,508
Other loans	27,541	60,646
Corporation tax	1,521	-
Other taxes and social security	410	2,782
VAT	10,417	-
Pension liability	309	252
Accruals and deferred income	5,750	5,750
Director's loan account	99	-

	63,400	91,938

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	101	101

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