J & A Inns Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC436211 (Scotland)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

J & A Inns Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

332,081

329,687

CURRENT ASSETS

Stocks

14,992

18,005

Cash at bank and in hand

20,100

71,090

35,092

89,095

CREDITORS

Amounts falling due within one year

5

(191,619

)

(228,172

)

NET CURRENT LIABILITIES

(156,527

)

(139,077

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

175,554

190,610

CREDITORS

Amounts falling due after more than one
year

6

(131,094

)

(133,799

)

PROVISIONS FOR LIABILITIES

(3,120

)

(2,827

)

NET ASSETS

41,340

53,984

CAPITAL AND RESERVES

Called up share capital

40,000

Retained earnings

1,340

13,984

SHAREHOLDERS' FUNDS

41,340

53,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2026 and were signed by:

Mr G McIntosh - Director

1.	STATUTORY INFORMATION

J & A Inns Ltd is a private company, limited by shares, domiciled in Scotland, registration number SC436211. The registered office is Unit 5 Gateway Business Park, Beancross Road, Grangemouth, Stirlingshire, FK3 8WX.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods in respect of publican activites, excluding value added tax. Sales are recognised at the point at which the goods are delivered.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 20% on reducing balance, 20% on cost and 10% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

No depreciation is provided on freehold property as the property is maintained in a good state and is increasing in value.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is represented by purchase price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2024 - 33 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 December 2024

318,380

96,790

415,170

Additions

-

5,500

At 30 November 2025

318,380

102,290

420,670

DEPRECIATION

At 1 December 2024

-

85,483

Charge for year

-

3,106

At 30 November 2025

-

88,589

NET BOOK VALUE

At 30 November 2025

318,380

13,701

332,081

At 30 November 2024

318,380

11,307

329,687

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all

tangible fixed assets are depreciated to nil value.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

4,520

At 30 November 2025

4,520

DEPRECIATION

Charge for year

614

At 30 November 2025

614

NET BOOK VALUE

At 30 November 2025

3,906

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Bank loans and overdrafts

21,572

29,621

Hire purchase contracts

2,712

-

Trade creditors

45,181

54,226

Amounts owed to group undertakings

18,845

28,249

Taxation and social security

80,803

74,959

Other creditors

22,506

41,117

191,619

228,172

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.11.25

30.11.24

£

Bank loans

98,193

97,522

Hire purchase contracts

678

-

Other creditors

32,223

36,277

131,094

133,799

7.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

Bank overdraft

91

-

Bank loans

119,674

127,143

119,765

127,143

There is a floating charge and standard security in favour of Bank of Scotland Plc over the assets of the company in respect of the bank loan and overdraft facility.

There is a floating charge and standard security in favour of Tennent Caledonian Breweries UK Limited over the assets of the company in respect of the loan to the company.

8.	RELATED PARTY DISCLOSURES

At the year-end, amounts due to related parties were £18,845 (2024: £28,249 )