Caseware UK (AP4) 2025.0.111 2025.0.111 2026-02-28 2026-02-28 true 2025-03-01 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false No description of principal activity 7 7 true false 01672560 2025-03-01 2026-02-28 01672560 2024-03-01 2025-02-28 01672560 2026-02-28 01672560 2025-02-28 01672560 c:Director1 2025-03-01 2026-02-28 01672560 c:Director2 2025-03-01 2026-02-28 01672560 d:Buildings 2025-03-01 2026-02-28 01672560 d:Buildings 2026-02-28 01672560 d:Buildings 2025-02-28 01672560 d:Buildings d:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 01672560 d:Buildings d:LongLeaseholdAssets 2025-03-01 2026-02-28 01672560 d:PlantMachinery 2025-03-01 2026-02-28 01672560 d:PlantMachinery 2026-02-28 01672560 d:PlantMachinery 2025-02-28 01672560 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 01672560 d:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 01672560 d:CurrentFinancialInstruments 2026-02-28 01672560 d:CurrentFinancialInstruments 2025-02-28 01672560 d:Non-currentFinancialInstruments 2026-02-28 01672560 d:Non-currentFinancialInstruments 2025-02-28 01672560 d:CurrentFinancialInstruments d:WithinOneYear 2026-02-28 01672560 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 01672560 d:Non-currentFinancialInstruments d:AfterOneYear 2026-02-28 01672560 d:Non-currentFinancialInstruments d:AfterOneYear 2025-02-28 01672560 d:ShareCapital 2026-02-28 01672560 d:ShareCapital 2025-02-28 01672560 d:SharePremium 2026-02-28 01672560 d:SharePremium 2025-02-28 01672560 d:OtherMiscellaneousReserve 2026-02-28 01672560 d:OtherMiscellaneousReserve 2025-02-28 01672560 d:RetainedEarningsAccumulatedLosses 2026-02-28 01672560 d:RetainedEarningsAccumulatedLosses 2025-02-28 01672560 d:AcceleratedTaxDepreciationDeferredTax 2026-02-28 01672560 d:AcceleratedTaxDepreciationDeferredTax 2025-02-28 01672560 d:RetirementBenefitObligationsDeferredTax 2026-02-28 01672560 d:RetirementBenefitObligationsDeferredTax 2025-02-28 01672560 c:OrdinaryShareClass1 2025-03-01 2026-02-28 01672560 c:OrdinaryShareClass1 2026-02-28 01672560 c:OrdinaryShareClass1 2025-02-28 01672560 c:FRS102 2025-03-01 2026-02-28 01672560 c:IndependentExaminationCharity 2025-03-01 2026-02-28 01672560 c:FullAccounts 2025-03-01 2026-02-28 01672560 c:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 01672560 2 2025-03-01 2026-02-28 01672560 e:PoundSterling 2025-03-01 2026-02-28 iso4217:GBP xbrli:shares xbrli:pure

Company registration number: 01672560
| FINANCIAL STATEMENTS
| FOR THE YEAR ENDED 28 FEBRUARY 2026
| RED LION LIMITED (THE)
RED LION LIMITED (THE) REGISTERED NUMBER:01672560 |  |
STATEMENT OF FINANCIAL POSITION AS AT 28 FEBRUARY 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 337,918 |  | 328,433
|  |  | 337,918 |  | 328,433
Current assets |  |  |  |  |
Stocks |  | 8,909 |  | 8,169 |
Debtors: amounts falling due within one year | 6 | 5,364 |  | 5,105 |
Cash at bank and in hand |  | 125,068 |  | 138,344 |
|  | 139,341 |  | 151,618 |
Creditors: amounts falling due within one year | 7 | (87,480) |  | (96,442) |
Net current assets |  |  | 51,861 |  | 55,176
Total assets less current liabilities |  |  | 389,779 |  | 383,609
Creditors: amounts falling due after more than one year | 8 |  | (28,981) |  | (44,537)
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 | (3,269) |  | (1,736) |
|  |  | (3,269) |  | (1,736)
Net assets |  |  | 357,529 |  | 337,336
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 92,392 |  | 92,392
Share premium account |  |  | 2,959 |  | 2,959
Other reserves |  |  | 2,188 |  | 2,188
Profit and loss account |  |  | 259,990 |  | 239,797
|  |  | 357,529 |  | 337,336
Page 1
RED LION LIMITED (THE) REGISTERED NUMBER:01672560 |  |
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 28 FEBRUARY 2026 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 income statement 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:
................................................ P J Barter | ................................................ D I Clark
Director | Director
Date: 11 August 2026 | Date:11 August 2026
The notes on pages 3 to 7 form part of these financial statements. Page 2
RED LION LIMITED (THE) |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026
1. | Statutory information
Red Lion Limited(The) is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The presentation currency of the financial statements is the Pound Sterling (£).
2. | Statement of compliance
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 comparative financial information for the year ended 28 February 2025 was subject to a statutory audit by Menzies LLP, who expressed an unmodified audit opinion on those financial statements. 3.Accounting policies
| 3.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:
| 3.2 | Significant judgements and estimates
No significant judgements or estimates have had to be made by the directors in preparing these financial statements.
| 3.3 | Revenue recognition
Revenue from the sale of beverages is recognised at the point of sale when the goods are provided to the customer.
| 3.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 3.5 | Current and deferred taxation
Tax 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 tax 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 is recognised in respect of all material 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. Page 3
RED LION LIMITED (THE) |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026 3.Accounting policies (continued)
| 3.5 | Current and deferred taxation (continued)
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.
| 3.6 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. The estimated useful lives range as follows:
|  |  |  | Freehold property | - | Not depreciated
|  |  |  | Freehold improvements | - | 15 years on cost
|  |  |  | Plant and machinery | - | 5 years on cost
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Section 17 of FRS 102, ‘Property, Plant and Equipment’, requires the depreciable amount of an asset to be allocated on a systematic basis over its useful life. However, in the opinion of the directors, the residual value at the end of the estimated life of the freehold land and buildings represented by The Red Lion Public House is not likely to be materially lower than cost. It is the company's policy to maintain the property in such a condition that its value is not diminished by the passage of time and maintenance expenditure is charged to profit before tax in the year in which it is incurred. Therefore any depreciation is not material and no provision is made.
| 3.7 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
4. | Employees
| The average monthly number of employees, including directors, during the year was 7 (2025 - 7).
Page 4
RED LION LIMITED (THE) |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026
5. | Tangible fixed assets
|  | Freehold property | Plant and machinery | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 March 2025 | 319,082 | 44,318 | 363,400
| Additions | - | 13,132 | 13,132
| At 28 February 2026 | 319,082 | 57,450 | 376,532
| Depreciation |  |  |
| At 1 March 2025 | - | 34,967 | 34,967
| Charge for the year on owned assets | - | 3,647 | 3,647
| At 28 February 2026 | - | 38,614 | 38,614
| Net book value |  |  |
| At 28 February 2026 | 319,082 | 18,836 | 337,918
| At 28 February 2025 | 319,082 | 9,351 | 328,433
Page 5
RED LION LIMITED (THE) |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Prepayments and accrued income | 5,364 | 5,105
|  | 5,364 | 5,105
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 5,556 | 5,556
| Trade creditors | 12,870 | 16,808
| Bills of exchange | 10,000 | 10,000
| Corporation tax | 3,631 | 5,479
| Other taxation and social security | 8,029 | 7,340
| Other creditors | 6,096 | 2,514
| Accruals and deferred income | 41,298 | 48,745
|  | 87,480 | 96,442
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 18,981 | 24,537
| Other creditors | 10,000 | 20,000
|  | 28,981 | 44,537
Page 6
RED LION LIMITED (THE) |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026
9. | Deferred taxation
|  | 2026
|  | £
| At beginning of year | (1,736)
| Charged to profit or loss | (1,533)
| At end of year | (3,269)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Accelerated capital allowances | (3,579) | (1,777)
| Short term timing differences | 310 | 41
|  | (3,269) | (1,736)
10. | Share capital
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Shares classified as equity
|  | Allotted, called up and fully paid |  |
|  | 92,392 (2025 - 92,392) Called up share capital shares of £1 each | 92,392 | 92,392
11. | Reserves
|  | Retained Earnings | Share Premium | Other Reserves | Totals
|  | £ | £ | £ | £
| At 1st March 2025 | 239,797 | 2,959 | 2,188 | 244,944
| Profit for the year | 20,193 | - | - | 20,193
| Share Capital movement | - | - | - | -
| At 28th February 2026 | 259,990 | 2,959 | 2,188 | 265,137
Page 7