REGISTERED NUMBER: 13320195 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Carroll Country Pubs Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R A Carroll

Mr T G Carroll

REGISTERED OFFICE:

Lewis House

Great Chesterford Court

Great Chesterford

Essex

CB10 1PF

REGISTERED NUMBER:

13320195 (England and Wales)

FIXED ASSETS

Tangible assets

5

2,173,009

1,497,393

CURRENT ASSETS

Stocks

9,979

10,282

Debtors

6

416,373

100,224

Cash at bank and in hand

12,369

14,295

438,721

124,801

CREDITORS

Amounts falling due within one year

7

124,723

80,626

NET CURRENT ASSETS

313,998

44,175

TOTAL ASSETS LESS CURRENT LIABILITIES

2,487,007

1,541,568

CREDITORS

Amounts falling due after more than one year

8

(2,737,567

)

(1,687,912

)

PROVISIONS FOR LIABILITIES

-

(14,528

)

NET LIABILITIES

(250,560

)

(160,872

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(250,562

)

(160,874

)

(250,560

)

(160,872

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2026 and were signed on its behalf by:

Mrs R A Carroll - Director

Mr T G Carroll - Director

1.	STATUTORY INFORMATION

Carroll Country Pubs 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 20% 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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Taxation

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The Company incurred a loss for the year and as at the year end has, as disclosed on the balance sheet, net liabilities. The financial statements are prepared on the going concern basis on the assumption that the Company will continue to receive sufficient financial support from its shareholders to provide sufficient funds to enable it to meet its liabilities as they fall due.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 9 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

1,436,939

135,113

1,572,052

Additions

630,657

82,718

713,375

Disposals

-

(5,367

)

(5,367

)

At 30 April 2025

2,067,596

212,464

2,280,060

DEPRECIATION

At 1 May 2024

-

74,659

74,659

Charge for year

-

35,137

35,137

Eliminated on disposal

-

(2,745

)

(2,745

)

At 30 April 2025

-

107,051

107,051

NET BOOK VALUE

At 30 April 2025

2,067,596

105,413

2,173,009

At 30 April 2024

1,436,939

60,454

1,497,393

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,752

-

Amounts owed by group undertakings

407,610

98,307

Other debtors

7,011

1,917

416,373

100,224

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

77,185

21,380

Taxation and social security

22,764

24,284

Other creditors

24,774

34,962

124,723

80,626

Other creditors consists of accruals of £24,010 (2023 - £26,386), and other creditors of £764 (2023 - £8,576).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

386,636

391,264

Other creditors

2,350,931

1,296,648

2,737,567

1,687,912

Other creditors consists solely of the directors' loan account balance.

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

386,636

391,264

On 29 June 2021, NatWest Bank PLC secured a legal charge over one of the properties held by the company.