Registration number: 15750446

Llanthony Priory Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Llanthony Priory Ltd

Company Information

Directors

Mr J D Windsor-Medley Mrs A Windsor-Medley

Registered office

Rose Cottage Pandy Abergavenny NP7 8DL

Bankers

NatWest Bank plc 9 High Street Abergavenny Monmouthshire NP7 5SA

Accountants

W J James & Co Chartered AccountantsBishop House 10 Wheat Street Brecon Powys LD3 7DG

Llanthony Priory Ltd

(Registration number: 15750446)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	23,532	-
Current assets
Stocks		2,000	-
Debtors	5	106	100
Cash at bank and in hand		53,586	-
		55,692	100
Creditors: Amounts falling due within one year	6	(71,357)	-
Net current (liabilities)/assets		(15,665)	100
Total assets less current liabilities		7,867	100
Provisions for liabilities		(1,717)	-
Net assets		6,150	100
Capital and reserves
Called up share capital		100	100
Retained earnings		6,050	-
Shareholders' funds		6,150	100

For the financial period ending 31 December 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 period 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 and 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 20 July 2026 and signed on its behalf by:
 

Llanthony Priory Ltd

(Registration number: 15750446)
Balance Sheet as at 31 December 2025

......................................... Mr J D Windsor-Medley Director

......................................... Mrs A Windsor-Medley Director

Llanthony Priory Ltd

Notes to the Unaudited Financial Statements for the Period from 1 October 2024 to 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Rose Cottage
Pandy
Abergavenny
NP7 8DL

The principal place of business is:
Llanthony Priory Hotel
Llanthony
Abergavenny
Monmouthshire
NP7 7NN

These financial statements were authorised for issue by the Board on 20 July 2026.

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.

Revenue recognition

Turnover represents the sale of food, beverages and accommodation, stated net of Value Added Tax.

Revenue is recognised when food and beverages are served to the customer and over the period of stay in respect of accommodation.

Tax

The tax expense for the period comprises UK corporation tax and is recognised in profit or loss.

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.

Llanthony Priory Ltd

Notes to the Unaudited Financial Statements for the Period from 1 October 2024 to 31 December 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

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
Fixtures and fittings	20% on reducing balance
Office equipment	33% on reducing balance

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.

Trade debtors

Trade debtors are amounts due from customers for food, beverages and accommodation sold in the ordinary course of business.

Trade debtors are recognised at the transaction price.

Stocks

Stock is valued at cost price after making due allowance for any unsaleable items.

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.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received.

Llanthony Priory Ltd

Notes to the Unaudited Financial Statements for the Period from 1 October 2024 to 31 December 2025

Dividends

Dividend distribution to the company's shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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 period, was 7 (2024 - 0).

Llanthony Priory Ltd

Notes to the Unaudited Financial Statements for the Period from 1 October 2024 to 31 December 2025

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
Additions	29,117	2,300	31,417
At 31 December 2025	29,117	2,300	31,417
Depreciation
Charge for the period	6,998	887	7,885
At 31 December 2025	6,998	887	7,885
Carrying amount
At 31 December 2025	22,119	1,413	23,532

5

Debtors

Current	2025 £	2024 £
Prepayments	106	-
Other debtors	-	100
	106	100

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	6,479	-
Accruals and deferred income	9,391	-
Other creditors	55,487	-
	71,357	-