Company No: 05977243 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Tom Anthony Sadler

REGISTERED OFFICE	Ashleigh House Beckbridge Road
	Normanton Industrial Estate
	Normanton
	WF6 1TE
	United Kingdom

COMPANY NUMBER

05977243 (England and Wales)

ACCOUNTANT	S&W Partners (Leeds) Limited
	3rd Floor, 56 Wellington Street
	Leeds
	LS1 2EE

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	3,666		4,518
Investment property	4	354,275		354,275
		357,941		358,793
Current assets
Debtors	5	0		210,000
Cash at bank and in hand		337,875		138,375
		337,875		348,375
Creditors: amounts falling due within one year	6	( 1,887)		( 2,129)
Net current assets		335,988		346,246
Total assets less current liabilities		693,929		705,039
Net assets		693,929		705,039
Capital and reserves
Called-up share capital		2		2
Profit and loss account		693,927		705,037
Total shareholder's funds		693,929		705,039

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

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Republic Inns Limited (registered number: 05977243) were approved and authorised for issue by the Director on 06 February 2026. They were signed on its behalf by:

Tom Anthony Sadler Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Republic Inns Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ashleigh House Beckbridge Road, Normanton Industrial Estate, Normanton, WF6 1TE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Republic Inns Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2025	5,237		5,237
At 31 December 2025	5,237		5,237
Accumulated depreciation
At 01 January 2025	719		719
Charge for the financial year	852		852
At 31 December 2025	1,571		1,571
Net book value
At 31 December 2025	3,666		3,666
At 31 December 2024	4,518		4,518

4. Investment property

	Investment property
	£
Valuation
As at 01 January 2025	354,275
As at 31 December 2025	354,275

Investment property was valued on an open market basis on 31 December 2025 by the director. The valuation was arrived at by reference to market evidence of transactions prices for similar properties in its location.

5. Debtors

	2025		2024
	£		£
Other debtors	0		210,000

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	552		814
Amounts owed to Group undertakings	115		115
Other creditors	1,220		1,200
	1,887		2,129