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Registered number: 08785666
TALLINGTON LAKES RESTAURANT & BAR LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2025
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TALLINGTON LAKES RESTAURANT & BAR LIMITED
CONTENTS
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Statement of financial position
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Notes to the financial statements
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TALLINGTON LAKES RESTAURANT & BAR LIMITED
REGISTERED NUMBER: 08785666
STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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TALLINGTON LAKES RESTAURANT & BAR LIMITED
REGISTERED NUMBER: 08785666
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2025
The notes on pages 3 to 6 form part of these financial statements.
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TALLINGTON LAKES RESTAURANT & BAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
Tallington Lakes Restaurant & Bar Limited is a private company limited by shares incorporated in England and Wales, United Kingdom. The address of the registered office is Barholm Rd, Tallington, Stamford PE9 4RJ.
The nature of the Company's operations and principal activities continued to be the provision of public house and bar services.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.
The following principal accounting policies have been applied:
The directors have confirmed their financial support will be provided for the foreseeable future as and when required for the business. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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TALLINGTON LAKES RESTAURANT & BAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
2.Accounting policies (continued)
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
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Amounts owed by group undertakings
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Accruals and deferred income
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Creditors: Amounts falling due after more than one year
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TALLINGTON LAKES RESTAURANT & BAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
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Analysis of the maturity of loans is given below:
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Amounts falling due within one year
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Amounts falling due 1-2 years
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Amounts falling due 2-5 years
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TALLINGTON LAKES RESTAURANT & BAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
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Related party transactions
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The company has taken advantage of the exemption available under FRS 102 section 33.1A where disclosures of transactions between group members are not required, provided that the subsidiary is wholly owned.
As at the year end, the Company was owed £63,636 (2024: £63,636) by Tallington Lakes Site Limited, a fellow subsidiary company.
As at the year end, the Company was owed £60,000 (2024: £60,000) by Tallington Lakes Land Limited, a fellow subsidiary company.
As at the year end, the Company was owed £30,000 (2024: £30,000) by Tallington Lakes Activities Limited, a fellow subsidiary company.
As at the year end, the Company was owed £2,430 (2024: £2,430) by Tallington Lakes Limited, a fellow subsidiary company.
As at the year end, the Company was owed £50,000 (2024: £50,000) by Tallington Lakes Sales Limited, a fellow subsidiary company.
As at the year end, the Company was owed £29,342 (2024: £16,872) by Lakeside Clubhouse Limited, a fellow subsidiary company.
As at the year end, the Company owed £12,084 (2024: £729) to Leisure Site Limited, a fellow subsidiary company.
As at the year end, the Company owed £11,422 (2024: £11,422) to Activity Ventures Limited, a fellow subsidiary company.
As at the year end, the Company owed £2,704 (2024: £2,706) to a director in the company.
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The company is controlled by Tallington Holdings Limited.
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