Penkridge Pubs Limited 08084485 false 2024-09-01 2025-08-31 2025-08-31 The principal activity of the company is Public House / Restaurant Digita Accounts Production Advanced 6.30.9574.0 true true 08084485 2024-09-01 2025-08-31 08084485 2025-08-31 08084485 bus:Director1 1 2025-08-31 08084485 bus:Director2 1 2025-08-31 08084485 bus:Director3 1 2025-08-31 08084485 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-08-31 08084485 bus:OrdinaryShareClass2 bus:CumulativeShares 2025-08-31 08084485 bus:OrdinaryShareClass3 bus:CumulativeShares 2025-08-31 08084485 bus:OrdinaryShareClass4 bus:CumulativeShares 2025-08-31 08084485 core:CurrentFinancialInstruments 2025-08-31 08084485 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 08084485 core:Non-currentFinancialInstruments 2025-08-31 08084485 core:Non-currentFinancialInstruments core:AfterOneYear 2025-08-31 08084485 core:FurnitureFittingsToolsEquipment 2025-08-31 08084485 core:LandBuildings 2025-08-31 08084485 core:OtherPropertyPlantEquipment 2025-08-31 08084485 core:OtherRelatedParties 2025-08-31 08084485 bus:SmallEntities 2024-09-01 2025-08-31 08084485 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 08084485 bus:FilletedAccounts 2024-09-01 2025-08-31 08084485 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 08084485 bus:RegisteredOffice 2024-09-01 2025-08-31 08084485 bus:Director1 2024-09-01 2025-08-31 08084485 bus:Director1 1 2024-09-01 2025-08-31 08084485 bus:Director2 2024-09-01 2025-08-31 08084485 bus:Director2 1 2024-09-01 2025-08-31 08084485 bus:Director3 2024-09-01 2025-08-31 08084485 bus:Director3 1 2024-09-01 2025-08-31 08084485 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-09-01 2025-08-31 08084485 bus:OrdinaryShareClass2 bus:CumulativeShares 2024-09-01 2025-08-31 08084485 bus:OrdinaryShareClass3 bus:CumulativeShares 2024-09-01 2025-08-31 08084485 bus:OrdinaryShareClass4 bus:CumulativeShares 2024-09-01 2025-08-31 08084485 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 08084485 core:Goodwill 2024-09-01 2025-08-31 08084485 core:ComputerEquipment 2024-09-01 2025-08-31 08084485 core:FurnitureFittingsToolsEquipment 2024-09-01 2025-08-31 08084485 core:LandBuildings 2024-09-01 2025-08-31 08084485 core:LeaseholdImprovements 2024-09-01 2025-08-31 08084485 core:OtherPropertyPlantEquipment 2024-09-01 2025-08-31 08084485 core:PlantMachinery 2024-09-01 2025-08-31 08084485 countries:UnitedKingdom 2024-09-01 2025-08-31 08084485 2024-08-31 08084485 bus:Director1 1 2024-08-31 08084485 bus:Director2 1 2024-08-31 08084485 bus:Director3 1 2024-08-31 08084485 core:FurnitureFittingsToolsEquipment 2024-08-31 08084485 core:LandBuildings 2024-08-31 08084485 core:OtherPropertyPlantEquipment 2024-08-31 08084485 core:OtherRelatedParties 2024-08-31 08084485 2023-09-01 2024-08-31 08084485 2024-08-31 08084485 bus:Director1 1 2024-08-31 08084485 bus:Director2 1 2024-08-31 08084485 bus:Director3 1 2024-08-31 08084485 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-08-31 08084485 bus:OrdinaryShareClass2 bus:CumulativeShares 2024-08-31 08084485 bus:OrdinaryShareClass3 bus:CumulativeShares 2024-08-31 08084485 bus:OrdinaryShareClass4 bus:CumulativeShares 2024-08-31 08084485 core:CurrentFinancialInstruments 2024-08-31 08084485 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 08084485 core:Non-currentFinancialInstruments 2024-08-31 08084485 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 08084485 core:FurnitureFittingsToolsEquipment 2024-08-31 08084485 core:LandBuildings 2024-08-31 08084485 core:OtherPropertyPlantEquipment 2024-08-31 08084485 core:OtherRelatedParties 2024-08-31 08084485 bus:Director1 1 2023-09-01 2024-08-31 08084485 bus:Director2 1 2023-09-01 2024-08-31 08084485 bus:Director3 1 2023-09-01 2024-08-31 08084485 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-09-01 2024-08-31 08084485 bus:OrdinaryShareClass3 bus:CumulativeShares 2023-09-01 2024-08-31 08084485 core:OtherRelatedParties 2023-09-01 2024-08-31 08084485 2023-08-31 08084485 bus:Director1 1 2023-08-31 08084485 bus:Director2 1 2023-08-31 08084485 bus:Director3 1 2023-08-31 08084485 core:OtherRelatedParties 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08084485

Penkridge Pubs Limited
REPORT OF THE DIRECTORS and Unaudited Financial Statements
for the Year Ended 31 August 2025

Penkridge Pubs Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 13

Penkridge Pubs Limited

Company Information

Directors | Mr Ian Robinson Mr Baron Wayne Robert Davenport Mr Harbinder Singh Uppal

Registered office | Littleton Arms St. Michaels Square Penkridge Stafford Staffordshire ST19 5AL

Accountants | Wynne & Co Chartered Accountants Forestry House Brewery Road Carmarthen Carmarthenshire SA31 1TF

Penkridge Pubs Limited

(Registration number: 08084485)
Balance Sheet as at 31 August 2025

| Note | 31 August 2025 £ | 31 August 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 21,378 | 25,791
Current assets |  |  |
Stocks | 5 | 20,250 | 20,828
Debtors | 6 | 105,110 | 71,563
Cash at bank and in hand |  | 37,898 | 20,659
|  | 163,258 | 113,050
Creditors: Amounts falling due within one year | 7 | (384,619) | (222,261)
Net current liabilities |  | (221,361) | (109,211)
Total assets less current liabilities |  | (199,983) | (83,420)
Creditors: Amounts falling due after more than one year | 7 | - | (6,665)
Net liabilities |  | (199,983) | (90,085)
Capital and reserves |  |  |
Called up share capital | 8 | 103 | 103
Retained earnings |  | (200,086) | (90,188)
Shareholders' deficit |  | (199,983) | (90,085)

Penkridge Pubs Limited

(Registration number: 08084485)
Balance Sheet as at 31 August 2025

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 December 2025 and signed on its behalf by:

......................................... Mr Ian Robinson Director

Penkridge Pubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Littleton Arms St. Michaels Square
Penkridge
Stafford
Staffordshire
ST19 5AL

These financial statements were authorised for issue by the Board on 15 December 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors expect to return to profitability position next year and due to their ongoing support they consider the company to be a going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
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 specific criteria have been met for each of the company's activities.

Penkridge Pubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% on cost
Fixtures and fittings | 20% on cost
Computer equipment | 33% on cost
Long leasehold | 10% on cost

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 50% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Penkridge Pubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Penkridge Pubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 28 (2024 - 33).

Penkridge Pubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
At 1 September 2024 | 8,159 | 72,955 | 182,390 | 263,504
Additions | - | 2,341 | 4,490 | 6,831
At 31 August 2025 | 8,159 | 75,296 | 186,880 | 270,335
Depreciation
At 1 September 2024 | 7,548 | 57,212 | 172,953 | 237,713
Charge for the year | 611 | 6,086 | 4,547 | 11,244
At 31 August 2025 | 8,159 | 63,298 | 177,500 | 248,957
Carrying amount
At 31 August 2025 | - | 11,998 | 9,380 | 21,378
At 31 August 2024 | 611 | 15,743 | 9,437 | 25,791

Included within the net book value of land and buildings above is £Nil (2024 - £611) in respect of long leasehold land and buildings.

5 | Stocks

| 31 August 2025 £ | 31 August 2024 £
Other inventories | 20,250 | 20,828

Penkridge Pubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

6 | Debtors

Current | 31 August 2025 £ | 31 August 2024 £
Prepayments | 24,305 | 13,431
Corporation tax | 15,422 | 15,422
Other debtors | 15,101 | 16,082
Intercompany Loan | 48,936 | 25,282
Baron Davenport | 415 | 416
Harbinder Uppal | 383 | 382
Kulvinder Uppal | 416 | 416
Rajinder Singh | 63 | 64
Ian Robinson | 69 | 68
| 105,110 | 71,563

Penkridge Pubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 31 August 2025 £ | 31 August 2024 £
Due within one year |  |  |
Bank loans and overdrafts | 9 | 7,559 | 10,555
Trade creditors |  | 81,148 | 68,319
Taxation and social security |  | 264,180 | 115,971
Accruals and deferred income |  | 30,135 | 25,943
Other creditors |  | 1,597 | 1,473
|  | 384,619 | 222,261

Creditors: amounts falling due after more than one year

| Note | 31 August 2025 £ | 31 August 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | - | 6,665

8 | Share capital

Allotted, called up and fully paid shares

| 31 August 2025 | 31 August 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100
Ordinary B of £1 each | 1 | 1 | 1 | 1
Ordinary C of £1 each | 1 | 1 | 1 | 1
Ordinary D of £1 each | 1 | 1 | 1 | 1
| 103 | 103 | 103 | 103

Penkridge Pubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

9 | Loans and borrowings

Non-current loans and borrowings

| 31 August 2025 £ | 31 August 2024 £
Bank borrowings | - | 6,665

Current loans and borrowings

| 31 August 2025 £ | 31 August 2024 £
Bank borrowings | 7,559 | 10,555

10 | Dividends

Interim dividends paid

|  | 31 August 2025 £ |  | 31 August 2024 £
Interim dividend of £Nil per each Ordinary |  | - |  | -
Interim dividend of £Nil per each Ordinary C |  | - |  | -
|  | - |  | -

Penkridge Pubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

11 | Related party transactions

Transactions with directors

2025 | At 1 September 2024 £ | At 31 August 2025 £
Mr Ian Robinson
Directors Loan Account | 69 | 69
Mr Baron Wayne Robert Davenport
Directors Loan Account | 416 | 416
Mr Harbinder Singh Uppal
Directors Loan Account | 382 | 382

2024 | At 1 September 2023 £ | Advances to director £ | Repayments by director £ | At 31 August 2024 £
Mr Ian Robinson
Directors Loan Account | 3,211 | 69 | (3,211) | 69
Mr Baron Wayne Robert Davenport
Directors Loan Account | 19,269 | 416 | (19,269) | 416
Mr Harbinder Singh Uppal
Directors Loan Account | 19,269 | 382 | (19,269) | 382

Loans to related parties

2025 | Other related parties £ | Total £
At start of period | 479 | 479
At end of period | 479 | 479

Penkridge Pubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

2024 | Other related parties £ | Total £
At start of period | 22,480 | 22,480
Advanced | 479 | 479
Repaid | (22,480) | (22,480)
At end of period | 479 | 479