Silverfin false false 31/05/2025 01/06/2024 31/05/2025 Mr N V Smith 14 February 2026 The principal activity of the Company during the financial year was property rental. 00885145 2025-05-31 00885145 2024-05-31 00885145 core:CurrentFinancialInstruments 2025-05-31 00885145 core:CurrentFinancialInstruments 2024-05-31 00885145 core:ShareCapital 2025-05-31 00885145 core:ShareCapital 2024-05-31 00885145 core:RetainedEarningsAccumulatedLosses 2025-05-31 00885145 core:RetainedEarningsAccumulatedLosses 2024-05-31 00885145 core:PlantMachinery 2024-05-31 00885145 core:FurnitureFittings 2024-05-31 00885145 core:PlantMachinery 2025-05-31 00885145 core:FurnitureFittings 2025-05-31 00885145 bus:OrdinaryShareClass1 2025-05-31 00885145 bus:OrdinaryShareClass2 2025-05-31 00885145 2024-06-01 2025-05-31 00885145 bus:FilletedAccounts 2024-06-01 2025-05-31 00885145 bus:SmallEntities 2024-06-01 2025-05-31 00885145 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 00885145 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 00885145 bus:Director1 2024-06-01 2025-05-31 00885145 core:PlantMachinery 2024-06-01 2025-05-31 00885145 core:FurnitureFittings 2024-06-01 2025-05-31 00885145 2023-06-01 2024-05-31 00885145 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 00885145 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 00885145 bus:OrdinaryShareClass2 2024-06-01 2025-05-31 00885145 bus:OrdinaryShareClass2 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 00885145 (England and Wales)

# TEDDY BEAR (RESTAURANTS) LIMITED

### Unaudited Financial Statements
For the financial year ended 31 May 2025
Pages for filing with the registrar

TEDDY BEAR (RESTAURANTS) LIMITED

## Unaudited Financial Statements

For the financial year ended 31 May 2025

Contents

TEDDY BEAR (RESTAURANTS) LIMITED

## BALANCE SHEET

As at 31 May 2025
TEDDY BEAR (RESTAURANTS) LIMITED

## BALANCE SHEET (continued)

As at 31 May 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 3,648 |  | 3,439
Investment property | 5 | 583,974 |  | 565,000
|  | 587,622 |  | 568,439
Current assets |  |  |  |
Debtors | 6 | 1,537 |  | 7,547
Cash at bank and in hand |  | 3,826 |  | 4,839
|  | 5,363 |  | 12,386
Creditors: amounts falling due within one year | 7 | ( 30,804) |  | ( 5,504)
Net current (liabilities)/assets |  | (25,441) |  | 6,882
Total assets less current liabilities |  | 562,181 |  | 575,321
Provision for liabilities |  | ( 78,828) |  | ( 78,694)
Net assets |  | 483,353 |  | 496,627
Capital and reserves |  |  |  |
Called-up share capital | 8 | 2,000 |  | 2,000
Profit and loss account | 10 | 481,353 |  | 494,627
Total shareholders' funds |  | 483,353 |  | 496,627

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

Director's responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Teddy Bear (Restaurants) Limited (registered number: 00885145) were approved and authorised for issue by the Director on 14 February 2026. They were signed on its behalf by:

Mr N V Smith Director |

TEDDY BEAR (RESTAURANTS) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025
TEDDY BEAR (RESTAURANTS) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Teddy Bear (Restaurants) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is First Floor Blackbrook Gate 1, Blackbrook Business Park, Taunton, TA1 2PX, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover comprises the fair value of the consideration received or receivable in respect of the rental of investment properties. 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 is accrued on a time basis.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery | 10 % reducing balance
Fixtures and fittings | 10 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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 Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

#### 2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, management are required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects current and future periods.
The key estimates that have a significant effect on the amounts recognised in the financial statements are described below:
Investment properties are carried at fair value, which requires estimation as to the current market value of the properties. The carrying amount is £583,974 (2024 - £565,000).

#### 3. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 4. Tangible assets

| Plant and machinery |  | Fixtures and fittings |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 June 2024 | 914 |  | 14,503 |  | 15,417
Additions | 567 |  | 0 |  | 567
At 31 May 2025 | 1,481 |  | 14,503 |  | 15,984
Accumulated depreciation |  |  |  |  |
At 01 June 2024 | 683 |  | 11,295 |  | 11,978
Charge for the financial year | 37 |  | 321 |  | 358
At 31 May 2025 | 720 |  | 11,616 |  | 12,336
Net book value |  |  |  |  |
At 31 May 2025 | 761 |  | 2,887 |  | 3,648
At 31 May 2024 | 231 |  | 3,208 |  | 3,439

#### 5. Investment property

| Investment property
| £
Valuation |
As at 01 June 2024 | 565,000
Additions | 18,974
As at 31 May 2025 | 583,974

Valuation

The investment properties owned by the company were revalued by the director, Mr N V Smith, on 31 May 2025 on an open market basis. There has been no valuation of investment property by an independent valuer.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

| 2025 |  | 2024
| £ |  | £
Historic cost | 150,593 |  | 131,619

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 18 |  | 874
Other debtors | 1,519 |  | 6,673
| 1,537 |  | 7,547

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Taxation and social security | 1,298 |  | 219
Other creditors | 29,506 |  | 5,285
| 30,804 |  | 5,504

#### 8. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
2 Ordinary shares shares of £ 1.00 each (2024: 1,694 shares of £ 1.00 each) | 2 |  | 1,694
1,998 Ordinary A shares shares of £ 1.00 each (2024: 306 shares of £ 1.00 each) | 1,998 |  | 306
| 2,000 |  | 2,000

During the year, 1692 Ordinary shares were reclassified to Ordinary A Shares.

#### 9. Related party transactions

Transactions with the entity's director

| 2025 |  | 2024
| £ |  | £
Opening balance | 5,237 |  | 2,301
Advances | 17,077 |  | 17,436
Repayments | (22,314) |  | (14,500)
Closing balance owed to the company | 0 |  | (5,237)

Interest is charged on balances over £10,000 at HMRC's official rate of interest and the loan is repayable on demand.

#### 10. Profit and loss account

| 2025 |  | 2024
| £ |  | £
Non-distributable reserves | 354,735 |  | 354,735
Distributable reserves | 126,618 |  | 139,892
| 481,353 |  | 494,627

The non-distributable reserves relate to the revaluation surplus on the investment properties.