IRIS Accounts Production v25.4.0.155 05778494 Board of Directors 1.6.24 31.5.25 31.5.25 false true false false false true false 56323 121002 56512 65494 10397 815 10208 56323 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05778494 2024-05-31 05778494 2025-05-31 05778494 2024-06-01 2025-05-31 05778494 2023-05-31 05778494 2023-06-01 2024-05-31 05778494 2024-05-31 05778494 ns15:EnglandWales 2024-06-01 2025-05-31 05778494 ns14:PoundSterling 2024-06-01 2025-05-31 05778494 ns10:Director1 2024-06-01 2025-05-31 05778494 ns10:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 05778494 ns10:SmallEntities 2024-06-01 2025-05-31 05778494 ns10:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 05778494 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-01 2025-05-31 05778494 ns10:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 05778494 ns10:FullAccounts 2024-06-01 2025-05-31 05778494 1 2024-06-01 2025-05-31 05778494 43 ns10:Director3 2024-05-31 05778494 43 ns10:Director3 2023-05-31 05778494 43 ns10:Director3 2024-06-01 2025-05-31 05778494 43 ns10:Director3 2023-06-01 2024-05-31 05778494 43 ns10:Director3 2025-05-31 05778494 43 ns10:Director3 2024-05-31 05778494 ns10:Director2 2024-06-01 2025-05-31 05778494 ns10:Director3 2024-06-01 2025-05-31 05778494 ns10:CompanySecretary1 2024-06-01 2025-05-31 05778494 ns10:RegisteredOffice 2024-06-01 2025-05-31 05778494 ns5:CurrentFinancialInstruments 2025-05-31 05778494 ns5:CurrentFinancialInstruments 2024-05-31 05778494 ns5:Non-currentFinancialInstruments 2025-05-31 05778494 ns5:Non-currentFinancialInstruments 2024-05-31 05778494 ns5:ShareCapital 2025-05-31 05778494 ns5:ShareCapital 2024-05-31 05778494 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 05778494 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 05778494 ns5:NetGoodwill 2024-06-01 2025-05-31 05778494 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-01 2025-05-31 05778494 ns5:LandBuildings ns5:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 05778494 ns5:FurnitureFittings 2024-06-01 2025-05-31 05778494 ns5:ComputerEquipment 2024-06-01 2025-05-31 05778494 ns5:NetGoodwill 2024-05-31 05778494 ns5:NetGoodwill 2025-05-31 05778494 ns5:NetGoodwill 2024-05-31 05778494 ns5:LandBuildings 2024-05-31 05778494 ns5:FurnitureFittings 2024-05-31 05778494 ns5:ComputerEquipment 2024-05-31 05778494 ns5:LandBuildings 2024-06-01 2025-05-31 05778494 ns5:LandBuildings 2025-05-31 05778494 ns5:FurnitureFittings 2025-05-31 05778494 ns5:ComputerEquipment 2025-05-31 05778494 ns5:LandBuildings 2024-05-31 05778494 ns5:FurnitureFittings 2024-05-31 05778494 ns5:ComputerEquipment 2024-05-31 05778494 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-05-31 05778494 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-05-31 05778494 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-05-31 05778494 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-05-31 05778494 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2025-05-31 05778494 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-05-31 05778494 ns5:Secured 2025-05-31 05778494 ns5:Secured 2024-05-31 05778494 1 ns10:Director1 2024-05-31 05778494 1 ns10:Director1 2023-05-31 05778494 1 ns10:Director1 2024-06-01 2025-05-31 05778494 1 ns10:Director1 2023-06-01 2024-05-31 05778494 1 ns10:Director1 2025-05-31 05778494 1 ns10:Director1 2024-05-31 05778494 ns10:Director2 2 2024-05-31 05778494 ns10:Director2 2 2023-05-31 05778494 ns10:Director2 2 2024-06-01 2025-05-31 05778494 ns10:Director2 2 2023-06-01 2024-05-31 05778494 ns10:Director2 2 2025-05-31 05778494 ns10:Director2 2 2024-05-31

REGISTERED NUMBER: 05778494 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MAY 2025 |

| FOR |

| WHITE ROSE TAVERNS (S W) LTD |

WHITE ROSE TAVERNS (S W) LTD (REGISTERED NUMBER: 05778494)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

WHITE ROSE TAVERNS (S W) LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2025

| DIRECTORS: | Mr R M Molloy

| Mr R J Molloy

| Mrs M Molloy

| SECRETARY: | Mrs M Molloy

| REGISTERED OFFICE: | Vantage Point House

| Silverhills Road

| Decoy Industrial Estate

| Newton Abbot

| Devon

| TQ12 5ND

| REGISTERED NUMBER: | 05778494 (England and Wales)

| ACCOUNTANTS: | Marsland Nash Associates

| Chartered Tax Advisers, Accountants

| and Business Consultants

| Vantage Point House

| Silverhills Road

| Decoy Industrial Estate

| Newton Abbot

| Devon

| TQ12 5ND

| BANKERS: | Natwest

| 59 High Street

| Exeter

| Devon

| EX3 3DL

WHITE ROSE TAVERNS (S W) LTD (REGISTERED NUMBER: 05778494)

BALANCE SHEET

31 MAY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 50,145 |  | 58,645 |  |

Tangible assets | 5 | 392,668 |  | 400,331 |  |

442,813 |  | 458,976 |  |

CURRENT ASSETS

Stocks | 6 | 15,986 |  | 18,155 |  |

Debtors | 7 | 9,027 |  | 4,314 |  |

Cash at bank and in hand | 62,006 |  | 140,145 |  |

87,019 |  | 162,614 |  |

CREDITORS

Amounts falling due within one year | 8 | 80,142 |  | 133,413 |  |

NET CURRENT ASSETS | 6,877 |  | 29,201 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 449,690 |  | 488,177 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (66,926 | ) | (83,269 | ) |

PROVISIONS FOR LIABILITIES | (2,929 | ) | (4,572 | ) |

NET ASSETS | 379,835 |  | 400,336 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 378,835 |  | 399,336 |  |

SHAREHOLDERS' FUNDS | 379,835 |  | 400,336 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

WHITE ROSE TAVERNS (S W) LTD (REGISTERED NUMBER: 05778494)

BALANCE SHEET - continued

31 MAY 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 February 2026 and were signed on its behalf by:

Mrs M Molloy - Director

WHITE ROSE TAVERNS (S W) LTD (REGISTERED NUMBER: 05778494)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| White Rose Taverns (S W) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Turnover

| Turnover represents net amounts received excluding VAT.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

| 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.

| Freehold property | - | 2% on cost

| Fixtures and fittings | - | 15% on reducing balance

| Computer equipment | - | 25% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

WHITE ROSE TAVERNS (S W) LTD (REGISTERED NUMBER: 05778494)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Goodwill

| The goodwill which was acquired in 2006 by the company from Mrs M Molloy and Mr R J Molloy who transferred it from a trading partnership, has been depreciated in the past at 0% up to 30 April 2014. The rate of amortisation has been amended to 5% per annum on cost from 1 May 2014 and the period of write off of the goodwill is 20 years. Therefore for the purposes of the accounts from 1 May 2014 the goodwill cost will be fully written off by 2027.

| It is considered this has not been a change in accounting policy (which would require a prior year adjustment) but a change in normal recurring adjustments or corrections of accounting estimates made in the prior periods.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 21 (2024 - 15 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 170,000 |  |

| AMORTISATION

| At 1 June 2024 | 111,355 |  |

| Amortisation for year | 8,500 |  |

| At 31 May 2025 | 119,855 |  |

| NET BOOK VALUE

| At 31 May 2025 | 50,145 |  |

| At 31 May 2024 | 58,645 |  |

WHITE ROSE TAVERNS (S W) LTD (REGISTERED NUMBER: 05778494)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | and |  | Computer |

| property |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 June 2024 | 419,025 |  | 59,455 |  | 7,580 |  | 486,060 |  |

| Additions | - |  | 691 |  | - |  | 691 |  |

| At 31 May 2025 | 419,025 |  | 60,146 |  | 7,580 |  | 486,751 |  |

| DEPRECIATION

| At 1 June 2024 | 41,900 |  | 37,342 |  | 6,487 |  | 85,729 |  |

| Charge for year | 4,190 |  | 3,420 |  | 744 |  | 8,354 |  |

| At 31 May 2025 | 46,090 |  | 40,762 |  | 7,231 |  | 94,083 |  |

| NET BOOK VALUE

| At 31 May 2025 | 372,935 |  | 19,384 |  | 349 |  | 392,668 |  |

| At 31 May 2024 | 377,125 |  | 22,113 |  | 1,093 |  | 400,331 |  |

| Included in cost of land and buildings is freehold land of £ 209,513 (2024 - £ 209,513 ) which is not depreciated.

| The freehold properties in the past up to 31 May 2014 were not depreciated (0%). For the accounting year ended 31 May 2015 and years following the rate to be applied is 2% on cost (the land is not depreciated). This has not been considered to be a change in accounting policy but a correction of accounting estimates and as such it is not considered necessary to make any prior year adjustment.

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 15,986 |  | 18,155 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | - |  | 1,200 |  |

| Prepayments | 9,027 |  | 3,114 |  |

9,027 |  | 4,314 |  |

WHITE ROSE TAVERNS (S W) LTD (REGISTERED NUMBER: 05778494)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 15,950 |  | 15,630 |  |

| Other loans | 875 |  | 2,375 |  |

| Trade creditors | 37,954 |  | 29,847 |  |

| Tax | 189 |  | 12,170 |  |

| Social security and other taxes | 626 |  | 533 |  |

| VAT | 13,961 |  | 14,485 |  |

| Other creditors | 346 |  | 1,480 |  |

| Directors' current accounts | 10,241 |  | 56,893 |  |

80,142 |  | 133,413 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 2-5 years | 24,000 |  | 34,250 |  |

| Bank loans more 5 yr by instal | 42,926 |  | 49,019 |  |

66,926 |  | 83,269 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 42,926 |  | 49,019 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 82,876 |  | 98,899 |  |

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

2025 | 2024 |

£ | £ |

| Mrs M Molloy and Mr R J Molloy

| Balance outstanding at start of year | (56,323 | ) | (121,002 | ) |

| Amounts advanced | 56,512 |  | 65,494 |  |

| Amounts repaid | (10,397 | ) | (815 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (10,208 | ) | (56,323 | ) |

WHITE ROSE TAVERNS (S W) LTD (REGISTERED NUMBER: 05778494)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

| Mr R M Molloy

| Balance outstanding at start of year | (570 | ) | (883 | ) |

| Amounts advanced | 31,464 |  | 25,293 |  |

| Amounts repaid | (30,927 | ) | (24,980 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (33 | ) | (570 | ) |

| The loans are interest free and repayable on demand.

12. | RELATED PARTY DISCLOSURES

| During the year, total dividends of £17,919 (2024 - £22,000) were paid to the directors .