ANGLESEY INNS LIMITED - Filleted accounts

Registered number

01767606

ANGLESEY INNS LIMITED

Filleted Accounts

31 March 2026

ANGLESEY INNS LIMITED
Registered number:		01767606
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		-			422,130

Current assets
Stocks		-			11,371
Debtors	4	-			5,748
Cash at bank and in hand		255,628			17,570
		255,628			34,689

Creditors: amounts falling due within one year	5	(2,400)			(196,951)

Net current assets/(liabilities)			253,228			(162,262)

Net assets			253,228			259,868

Capital and reserves
Called up share capital			43,780			43,780
Share premium			212,220			212,220
Profit and loss account			(2,772)			3,868

Shareholders' funds			253,228			259,868

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The 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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A P A Snape
Director
Approved by the board on 20 April 2026

ANGLESEY INNS LIMITED
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	2% on straight line basis
	Leasehold land and buildings	over the lease term
	Plant and machinery	15% on reducing balances
	Fixtures, fittings, tools and equipment	15% on reducing balances

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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 future taxable profits. Deferred tax is measured using the 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			30		35


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2025	398,049		516,404		914,453
	Additions	-		5,210		5,210
	Disposals	(398,049)		(521,614)		(919,663)
	At 31 March 2026	-		-		-

	Depreciation
	At 1 April 2025	125,580		366,743		492,323
	On disposals	(125,580)		(366,743)		(492,323)
	At 31 March 2026	-		-		-

	Net book value
	At 31 March 2026	-		-		-
	At 31 March 2025	272,469		149,661		422,130


4	Debtors			2026		2025
£					£

	Trade debtors			-		5,748


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			-		2,332
	Trade creditors			2,400		74,323
	Other taxes and social security costs			-		56,407
	Other creditors			-		63,889
				2,400		196,951


6	Other Information

	Anglesey Inns Limited is a private company limited by shares and incorporated in England. Its
	registered office is :
	Awelfryn Benllech
	Tyn-Y-Gongl
	Anglesey
	LL74 8SY