WYCHWOOD INNS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
7 JULY 2025
Company Registration Number: 06489323

WYCHWOOD INNS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 JULY 2025
CONTENTS | PAGES
Company information | 1
Balance sheet | 2 to 3
Notes to the financial statements |  |  |  |  |  | 4 to 11

WYCHWOOD INNS LTD
COMPANY INFORMATION
FOR THE PERIOD ENDED 7 JULY 2025
DIRECTORS
Mrs T E Hunt
Mr P J Hunt
SECRETARY
Mrs T E Hunt
REGISTERED OFFICE
4 Witan Way
Witney
Oxon
OX28 6FF
COMPANY REGISTRATION NUMBER
06489323 England and Wales

WYCHWOOD INNS LTD
BALANCE SHEET
AS AT 7 JULY 2025
|  |  | Notes |  | 2025 |  |  |  | 2024
|  |  |  |  | £ |  |  |  | £
FIXED ASSETS
Tangible assets | 5 |  |  |  | - |  |  |  | 977,426
CURRENT ASSETS
Stock | - |  |  |  | 9,695
Debtors | 6 |  | 477 |  |  |  | 10,238
Cash at bank and in hand | 642,516 |  |  |  | 80,111
|  |  |  |  | 642,993 |  |  |  | 100,044
CREDITORS: Amounts falling due within one year | 7 |  | 366,468 |  |  |  | 112,760
NET CURRENT ASSETS / (LIABILITIES) | 276,525 |  |  |  | (12,716)
TOTAL ASSETS LESS CURRENT LIABILITIES | 276,525 |  |  |  | 964,710
CREDITORS: Amounts falling due after more than one year | 8 |  |  |  | - |  |  |  | 550,601
Provisions for liabilities and charges | - |  |  |  | 56,660
NET ASSETS | 276,525 |  |  |  | 357,449
CAPITAL AND RESERVES
Called up share capital | 100 |  |  |  | 100
Distributable profit and loss account | 276,425 |  |  |  | 141,741
Revaluation reserve | - |  |  |  | 215,608
SHAREHOLDERS' FUNDS | 276,525 |  |  |  | 357,449

WYCHWOOD INNS LTD
BALANCE SHEET
AS AT 7 JULY 2025
These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.
For the financial period ended 7 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.
Signed on behalf of the board of directors
Mrs T E Hunt
Director
Date approved by the board: 19 January 2026

WYCHWOOD INNS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 JULY 2025
1 | GENERAL INFORMATION
| Wychwood Inns Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office and principal place of business are:
| Registered office |  |  |  | Principal place of business
| 4 Witan Way | Wychwood Inn
| Witney | High Street
| Oxon | Shipton under Wychwood
| OX28 6FF | Oxon
|  |  |  |  | OX7 6BA
| The company ceased to trade on 7 July 2025
| The financial statements are presented in Sterling, which is the functional currency of the company.
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
| Basis of preparation of financial statements
| These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.
| Going concern
| The accounts have been drawn up on a basis other than going concern as the company ceased to trade on 7 July 2025. As the going concern basis is not appropriate, adjustments have been made to reduce the value of assets to their recoverable amounts, to provide for additional liabilities that might arise as a result of the cessation and to reclassify fixed assets as current assets.
| Revenue recognition

| Turnover is measured at the fair value of consideration received or receivable and represents the value of goods sold and the provision of accommodation during the year, stated net of trade discounts and value added tax.
| The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.

WYCHWOOD INNS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 JULY 2025
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Tangible fixed assets

| Fixed assets, other than those stated below, are carried at cost less accumulated depreciation and accumulated impairment losses.
| Freehold property is carried at it's revalued amount, being fair value at the date of valuation less subsequent depreciation and impairment losses. Revaluations are performed with sufficient regularity to ensure that the carrying amounts do not differ materially from those that would be determined using fair values at the end of each reporting period. Any accumulated depreciation at the date of revaluation is eliminated against the gross carrying amount of the asset and the net amount is restated to the revalued amount of the asset.
| Any revaluation increase and/or decrease in the carrying amount of freehold property is recognised in the statement of changes in equity and included in a revaluation reserve in equity, except to the extent that it reverses a revaluation decrease of the same asset previously recognised in the profit and loss account, in which case the increase is credited to the profit and loss account to the extent of the decrease previously expended.
| Decreases that offset previous increases of the same asset are charged in the statement of changes in equity and debited against the revaluation reserve in equity; decreases exceeding the balance in the revaluation reserve relating to an asset are recognised in profit or loss. Each period the difference between depreciation based on the revalued carrying amount of the asset recognised in the profit and loss account and depreciation based on the asset's original cost is transferred from revaluation reserve to retained earnings.

| Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.
| Freehold property | Not depreciated
| Plant and machinery | Reducing balance basis at 20% per annum
| Furniture and fittings | Reducing balance basis at 20% per annum
| Motor vehicles | Reducing balance basis at 25% per annum
| Depreciation has not been provided in respect of land and buildings. The company adopts a policy of fully maintaining these and as such the residual value is so high, and the expected useful life is so long, that the depreciation charge would be immaterial, both in terms of the depreciation charged for the period and the cumulative charge to the balance sheet.
| On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

WYCHWOOD INNS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 JULY 2025
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Financial Instruments
| A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
| 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, loans to related parties and investments in non-puttable ordinary shares.
| Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss.
| Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.
| Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

| Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.

| Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

WYCHWOOD INNS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 JULY 2025
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Impairment of non-financial assets

| At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.
| Stocks are assessed for impairment at each reporting date. The carrying amount of each item of stock, or group of similar items, is compared with its selling price less cost to complete and sell. If an item of stock, or group of similar items, is impaired its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in the profit and loss account.
| If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.

| Stock

| Stock has been valued at the lower of cost and estimated selling price less cost to complete and sell, after making due allowance for obsolete and slow-moving items. Cost comprises the cost of goods purchased valued on a standard cost basis.
| The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

| Debtors

| Short term debtors are measured at transaction price, less any impairment.
| Loans receivable are measured initially at fair value, net of transaction costs, and subsequently at amortised cost, less any impairment.

WYCHWOOD INNS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 JULY 2025
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Creditors
| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.
| Leases
| Leases are classified as finance leases when they transfer substantially all the risks and rewards of ownership of the leased assets to the company. Other leases that do not transfer substantially all the risks and rewards of ownership of the leased assets to the company are classified as operating leases.
| Payments applicable to operating leases are charged against profit on a straight line basis over the lease term.
| Taxation
| Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.
| Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

| Current and deferred tax assets and liabilities are not discounted.
| Borrowing costs
| All borrowing costs are recognised in the profit and loss account in the period in which they are incurred.
| Pensions
| The company operates a defined contribution pension scheme. The amount charged to the profit and loss account in respect of pension costs and other post-retirement benefits is the amount payable in the year. Differences between contributions payable and contributions actually paid in the period are shown as either accruals or prepayments in the balance sheet.

WYCHWOOD INNS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 JULY 2025
3 | CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

| No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

4 | EMPLOYEES
| The average number of persons employed by the company (including directors) during the period was:
|  |  |  |  |  |  |  |  | 2025 |  | 2024
| Average number of employees | 23 |  | 26
5 | TANGIBLE ASSETS
|  |  | Freehold property |  | Plant and machinery |  | Furniture and fittings |  | Motor vehicles |  | Total
|  |  | £ |  | £ |  | £ |  | £ |  | £
| Cost
| At 1 April 2024 | 900,000 |  | 80,292 |  | 104,974 |  | 39,445 |  | 1,124,711
| Additions | 14,456 |  | - |  | 400 |  | - |  | 14,856
| Reallocation | 10,000 |  | - |  | (10,000) |  | - |  | -
| Disposals | (924,456) |  | (80,292) |  | (95,374) |  | (39,445) |  | (1,139,567)
| At 7 July 2025 | - |  | - |  | - |  | - |  | -
| Accumulated depreciation and impairments
| At 1 April 2024 | - |  | 64,519 |  | 74,360 |  | 8,406 |  | 147,285
| Disposals | - |  | (64,519) |  | (74,360) |  | (8,406) |  | (147,285)
| At 7 July 2025 | - |  | - |  | - |  | - |  | -
| Net book value
| At 1 April 2024 | 900,000 |  | 15,773 |  | 30,614 |  | 31,039 |  | 977,426
| At 7 July 2025 | - |  | - |  | - |  | - |  | -
| The company has agreed a charge over the company's assets, as security for the loans.

WYCHWOOD INNS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 JULY 2025
6 | DEBTORS
|  |  |  |  |  |  |  |  | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Prepayments and accrued income | 477 |  | 3,548
| Other debtors | - |  | 6,690
|  |  |  |  |  |  |  |  | 477 |  | 10,238
7 | CREDITORS: Amounts falling due within one year
|  |  |  |  |  |  |  |  | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Bank loans and overdrafts | - |  | 31,202
| Trade creditors | 27,050 |  | 50,772
| Taxation and social security | 86,982 |  | 21,458
| Hire purchase contracts and finance leases | - |  | 6,276
| Accruals and deferred income | 12,527 |  | 1,995
| Other creditors | 239,909 |  | 1,057
|  |  |  |  |  |  |  |  | 366,468 |  | 112,760
8 | CREDITORS: Amounts falling due after more than one year
|  |  |  |  |  |  |  |  | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Bank loans and overdrafts | - |  | 325,752
| Hire purchase contracts and finance leases | - |  | 25,978
| Other creditors | - |  | 198,871
|  |  |  |  |  |  |  |  | - |  | 550,601
| Included in the amounts falling due after more than one year are the following amounts which are due in more
| than five years:
|  |  |  |  |  |  |  |  | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Bank loans and overdrafts | - |  | 212,015

WYCHWOOD INNS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 7 JULY 2025
9 | RELATED PARTY TRANSACTIONS
| During the period, the following transactions with related parties took place:
| Mrs T E Hunt
| Director | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Advances to company |  |  |  | 221,301 |  | 198,871
| Mr P J Hunt
| Director | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Advances to company |  |  |  | 12,216 |  | 252

Wychwood Inns Ltd 06489323 false 2024-04-08 2025-07-07 2025-07-07 VT Final Accounts (tagged by user) July 2024 true No description of principal activity 06489323 2023-04-01 2024-03-31 06489323 2024-03-31 06489323 core:WithinOneYear 2024-03-31 06489323 core:AfterOneYear 2024-03-31 06489323 core:ShareCapital 2024-03-31 06489323 core:RetainedEarningsAccumulatedLosses 2024-03-31 06489323 core:CurrentFinancialInstruments 2024-03-31 06489323 core:Non-currentFinancialInstruments 2024-03-31 06489323 core:MoreThanFiveYears 2024-03-31 06489323 core:KeyManagementIndividualGroup1 2024-03-31 06489323 core:KeyManagementIndividualGroup2 2024-03-31 06489323 2024-04-08 2025-07-07 06489323 bus:PrivateLimitedCompanyLtd 2024-04-08 2025-07-07 06489323 bus:AuditExempt-NoAccountantsReport 2024-04-08 2025-07-07 06489323 bus:Director1 2024-04-08 2025-07-07 06489323 bus:Director2 2024-04-08 2025-07-07 06489323 bus:CompanySecretary1 2024-04-08 2025-07-07 06489323 bus:RegisteredOffice 2024-04-08 2025-07-07 06489323 1 2024-04-08 2025-07-07 06489323 core:LandBuildings 2024-04-08 2025-07-07 06489323 core:PlantMachinery 2024-04-08 2025-07-07 06489323 core:FurnitureFittings 2024-04-08 2025-07-07 06489323 core:MotorVehicles 2024-04-08 2025-07-07 06489323 core:Land 2024-04-08 2025-07-07 06489323 core:KeyManagementIndividualGroup1 2024-04-08 2025-07-07 06489323 core:KeyManagementIndividualGroup2 2024-04-08 2025-07-07 06489323 bus:FRS102 2024-04-08 2025-07-07 06489323 bus:FilletedAccounts 2024-04-08 2025-07-07 06489323 2025-07-07 06489323 core:WithinOneYear 2025-07-07 06489323 core:AfterOneYear 2025-07-07 06489323 core:ShareCapital 2025-07-07 06489323 core:RetainedEarningsAccumulatedLosses 2025-07-07 06489323 core:LandBuildings 2025-07-07 06489323 core:PlantMachinery 2025-07-07 06489323 core:FurnitureFittings 2025-07-07 06489323 core:MotorVehicles 2025-07-07 06489323 core:CurrentFinancialInstruments 2025-07-07 06489323 core:Non-currentFinancialInstruments 2025-07-07 06489323 core:MoreThanFiveYears 2025-07-07 06489323 core:KeyManagementIndividualGroup1 2025-07-07 06489323 core:KeyManagementIndividualGroup2 2025-07-07 06489323 2024-04-07 06489323 core:LandBuildings 2024-04-07 06489323 core:PlantMachinery 2024-04-07 06489323 core:FurnitureFittings 2024-04-07 06489323 core:MotorVehicles 2024-04-07 iso4217:GBP xbrli:pure