The Telford Inn Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06437973

The Telford Inn Limited

Filleted Unaudited Financial Statements

28 February 2026

The Telford Inn Limited

Statement of Financial Position

28 February 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	6		12,469	4,805

Current assets

Stocks		5,850	6,400
Debtors	7	9,733	857
Cash at bank and in hand		31,744	15,268
		--------	--------
		47,327	22,525

Creditors: amounts falling due within one year	8	23,782		21,951
		--------		--------
Net current assets			23,545	574
			--------	-------
Total assets less current liabilities			36,014	5,379

Creditors: amounts falling due after more than one year	9		–	833

Provisions

Taxation including deferred tax	2,369	913
	--------	-------
Net assets	33,645	3,633
	--------	-------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	32,645	2,633
	--------	-------
Shareholders funds	33,645	3,633
	--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

The Telford Inn Limited

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 1 July 2026 , and are signed on behalf of the board by:

Mr R P Chittenden
Director

Company registration number: 06437973

The Telford Inn Limited

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Telford Inn, Station Road, Trevor, Llangollen, Denbighshire, LL20 7TT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable from bar, restaurant and other sales and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	Straightline over eight years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 13 (2025: 12 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 March 2025 and 28 February 2026	83,438
	--------
Amortisation
At 1 March 2025 and 28 February 2026	83,438
	--------
Carrying amount
At 28 February 2026	–
	--------
At 28 February 2025	–
	--------

6. Tangible assets

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 1 March 2025	35,288	10,971	46,259
Additions	13,091	–	13,091
Disposals	( 2,259)	–	( 2,259)
	--------	--------	--------
At 28 February 2026	46,120	10,971	57,091
	--------	--------	--------
Depreciation
At 1 March 2025	30,593	10,861	41,454
Charge for the year	4,128	28	4,156
Disposals	( 988)	–	( 988)
	--------	--------	--------
At 28 February 2026	33,733	10,889	44,622
	--------	--------	--------
Carrying amount
At 28 February 2026	12,387	82	12,469
	--------	--------	--------
At 28 February 2025	4,695	110	4,805
	--------	--------	--------

7. Debtors

	2026	2025
	£	£
Other debtors	9,733	857
	-------	----

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	833	2,000
Social security and other taxes	18,852	10,679
Pension Creditor	244	524
Other creditors	3,853	8,748
	--------	--------
	23,782	21,951
	--------	--------

9. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	–	833
	----	----

10. Directors' advances, credits and guarantees

In the year the directors maintained a loan account with the company, the opening balance of which was £5,204 cr (2025 £46,204 cr), with net movement of £13,949 dr, resulting in a closing balance of £8,745 dr, (2025 £5,204 cr). The loan is interest free and repayable on demand.

11. Related party transactions

The directors own the building the company trades from, rent charged in the period was £40,000. The amount due at the year-end was NIL (2025 - NIL).