Registration number: 13907212

The Angel Inn Loddon Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

The Angel Inn Loddon Ltd

Company Information

Directors

Mrs J E Butt Mr F P L Butt

Registered office

31 Church Plain Loddon Norfolk NR14 6EX

Accountants

Headspace Accountancy Ltd Chartered AccountantsDeep Well House 2 Yarmouth Road Hales Norfolk NR14 6SP

The Angel Inn Loddon Ltd

(Registration number: 13907212)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	1,000	1
Tangible assets	5	458,662	422,972
		459,662	422,973
Current assets
Stocks	6	12,145	11,522
Debtors	7	2,950	4,312
Cash at bank and in hand		35,013	58,329
		50,108	74,163
Creditors: Amounts falling due within one year	8	(46,925)	(73,068)
Net current assets		3,183	1,095
Total assets less current liabilities		462,845	424,068
Creditors: Amounts falling due after more than one year	8	(375,000)	(350,000)
Provisions for liabilities		(10,904)	(6,848)
Net assets		76,941	67,220
Capital and reserves
Called up share capital	9	2	2
Retained earnings		76,939	67,218
Shareholders' funds		76,941	67,220

For the financial year ending 30 June 2026 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 year 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 19 August 2026 and signed on its behalf by:
 

The Angel Inn Loddon Ltd

(Registration number: 13907212)
Balance Sheet as at 30 June 2026

......................................... Mr F P L Butt Director

The Angel Inn Loddon Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

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:
31 Church Plain
Loddon
Norfolk
NR14 6EX

These financial statements were authorised for issue by the Board on 19 August 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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 in the countries where the company operates and generates taxable income.

The Angel Inn Loddon Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

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
Property	Not depreciated as maintained to a high level
Equipment	25% on a reducing balance basis
Furniture and dressing	25% on a reducing balance basis
Motor vehicles	25% on a reducing balance basis

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Over useful life, estimated to be three years

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.

The Angel Inn Loddon Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

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 if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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.

The Angel Inn Loddon Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2025 - 8).

The Angel Inn Loddon Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 July 2025	1,000	1,000
At 30 June 2026	1,000	1,000
Amortisation
Carrying amount
At 30 June 2026	1,000	1,000
At 30 June 2025	1	1

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 July 2025	403,688	35,800	-	439,488
Additions	4,714	15,572	33,491	53,777
At 30 June 2026	408,402	51,372	33,491	493,265
Depreciation
At 1 July 2025	-	17,516	-	17,516
Charge for the year	-	8,714	8,373	17,087
At 30 June 2026	-	26,230	8,373	34,603
Carrying amount
At 30 June 2026	408,402	25,142	25,118	458,662
At 30 June 2025	403,688	19,284	-	422,972

Included within the net book value of land and buildings above is £408,402 (2025 - £403,688) in respect of freehold land and buildings.
 

6

Stocks

	2026 £	2025 £
Other inventories	12,145	11,522

The Angel Inn Loddon Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

7

Debtors

Current	2026 £	2025 £
Prepayments	1,212	2,901
Other debtors	1,738	1,411
	2,950	4,312

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	1,245	2,478
Taxation and social security	1,950	5,617
Accruals and deferred income	1,329	1,875
Other creditors	42,401	63,098
	46,925	73,068

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	10	375,000	350,000

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

10	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Other borrowings	375,000	350,000