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REGISTERED NUMBER: 04841527

| J W BASSETT PUBS AND BARS LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST AUGUST 2025 |

J W BASSETT PUBS AND BARS LIMITED (REGISTERED NUMBER: 04841527) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| J W BASSETT PUBS AND BARS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST AUGUST 2025

| DIRECTORS: | Mrs N A Bassett

| Mr J W Bassett

| SECRETARY: | Mrs N A Bassett

| REGISTERED OFFICE: | 1st Floor Tudor House

| 16 Cathedral Road

| Cardiff

| CF11 9LJ

| REGISTERED NUMBER: | 04841527

| ACCOUNTANTS: | Carston ETL

| Tudor House

| 16 Cathedral Road

| Cardiff

| CF11 9LJ

J W BASSETT PUBS AND BARS LIMITED (REGISTERED NUMBER: 04841527) |

BALANCE SHEET

31ST AUGUST 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,255,257 |  | 2,033,465 |  |

CURRENT ASSETS

Stocks | 126,406 |  | 123,264 |  |

Debtors | 5 | 41,560 |  | 41,560 |  |

Cash at bank and in hand | 2,668,322 |  | 2,012,801 |  |

2,836,288 |  | 2,177,625 |  |

CREDITORS

Amounts falling due within one year | 6 | 652,003 |  | 501,094 |  |

NET CURRENT ASSETS | 2,184,285 |  | 1,676,531 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,439,542 |  | 3,709,996 |  |

PROVISIONS FOR LIABILITIES | 605,057 |  | 159,074 |  |

NET ASSETS | 4,834,485 |  | 3,550,922 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Revaluation reserve | 8 | 2,226,930 |  | 1,356,031 |  |

Retained earnings | 2,607,553 |  | 2,194,889 |  |

SHAREHOLDERS' FUNDS | 4,834,485 |  | 3,550,922 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

J W BASSETT PUBS AND BARS LIMITED (REGISTERED NUMBER: 04841527) |

BALANCE SHEET - continued

31ST AUGUST 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12th May 2026 and were signed on its behalf by:

Mr J W Bassett - Director

J W BASSETT PUBS AND BARS LIMITED (REGISTERED NUMBER: 04841527) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

1. | STATUTORY INFORMATION

| J W Bassett Pubs And Bars Limited is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

| Turnover

| Turnovever comprises retail sales at managed public houses and licenced premises exclusive of value added tax.

| 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% straight line on cost

| Long leasehold | - | 10% straight line on cost

| Fixtures and fittings | - | 15% straight line 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 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.

| 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.

| 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.

| Government grants

| Government grants are recognised over the period for which the grant is intended to compensate. Grants that are receivable as compensation for expenses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.

J W BASSETT PUBS AND BARS LIMITED (REGISTERED NUMBER: 04841527) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 74 (2024 - 70 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | Long |  | and |

| property |  | leasehold |  | fittings |  | Totals

£ | £ | £ | £ |

| COST OR VALUATION

| At 1st September 2024 | 2,181,233 |  | 5,016 |  | 503,287 |  | 2,689,536 |  |

| Additions | - |  | - |  | 20,749 |  | 20,749 |  |

| Revaluations | 978,767 |  | - |  | - |  | 978,767 |  |

| At 31st August 2025 | 3,160,000 |  | 5,016 |  | 524,036 |  | 3,689,052 |  |

| DEPRECIATION

| At 1st September 2024 | 338,116 |  | 5,015 |  | 312,940 |  | 656,071 |  |

| Charge for year | 63,200 |  | - |  | 52,640 |  | 115,840 |  |

| Revaluation adjustments | (338,116 | ) | - |  | - |  | (338,116 | ) |

| At 31st August 2025 | 63,200 |  | 5,015 |  | 365,580 |  | 433,795 |  |

| NET BOOK VALUE

| At 31st August 2025 | 3,096,800 |  | 1 |  | 158,456 |  | 3,255,257 |  |

| At 31st August 2024 | 1,843,117 |  | 1 |  | 190,347 |  | 2,033,465 |  |

| Cost or valuation at 31st August 2025 is represented by:

| Fixtures |

| Freehold |  | Long |  | and |

| property |  | leasehold |  | fittings |  | Totals

£ | £ | £ | £ |

| Valuation in 2025 | 978,767 |  | - |  | - |  | 978,767 |  |

| Valuation in 2019 | 1,441,460 |  | - |  | - |  | 1,441,460 |  |

| Cost | 739,773 |  | 5,016 |  | 524,036 |  | 1,268,825 |  |

3,160,000 |  | 5,016 |  | 524,036 |  | 3,689,052 |  |

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

2025 | 2024 |

£ | £ |

| Other debtors | 41,560 |  | 41,560 |  |

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

2025 | 2024 |

£ | £ |

| Taxation and social security | 452,323 |  | 346,429 |  |

| Other creditors | 199,680 |  | 154,665 |  |

652,003 |  | 501,094 |  |

J W BASSETT PUBS AND BARS LIMITED (REGISTERED NUMBER: 04841527) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST AUGUST 2025

7. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 201,000 |  | 201,000 |  |

| Between one and five years | 804,000 |  | 804,000 |  |

| In more than five years | 1,795,000 |  | 1,996,000 |  |

2,800,000 |  | 3,001,000 |  |

8. | RESERVES

| Revaluation

| reserve

£ |

| At 1st September 2024 | 1,356,031 |  |

| Revaluation in the year | 870,899 |  |

| At 31st August 2025 | 2,226,930 |  |