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Registered number: 04940878
The Three Cups Inn Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
RED 76 Tax
ICAEW - Chartered Accountants
20-22 Venture West
Greenham Business Park
Newbury
Berkshire
RG19 6HX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04940878
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 356,279 422,642
356,279 422,642
CURRENT ASSETS
Stocks 6 11,547 9,596
Debtors 7 307,588 291,055
Cash at bank and in hand 104,285 24,766
423,420 325,417
Creditors: Amounts Falling Due Within One Year 8 (271,615 ) (352,460 )
NET CURRENT ASSETS (LIABILITIES) 151,805 (27,043 )
TOTAL ASSETS LESS CURRENT LIABILITIES 508,084 395,599
Creditors: Amounts Falling Due After More Than One Year 9 (233,527 ) (200,164 )
NET ASSETS 274,557 195,435
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 274,457 195,335
SHAREHOLDERS' FUNDS 274,557 195,435
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Lucia Tickle
Director
17/06/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Three Cups Inn Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04940878 . The registered office is The Three Cups Inn Limited, High Street, Stockbridge, SO20 6HB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 4% Reducing Balance
Leasehold 15% Reducing balance
Plant & Machinery 15% Reducing balance
Fixtures & Fittings 15% Reducing balance
Computer Equipment 15% Reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2024: 15)
15 15
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 25,000
As at 31 December 2025 25,000
Amortisation
As at 1 January 2025 25,000
As at 31 December 2025 25,000
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 -
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5. Tangible Assets
Land & Property
Freehold Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 - 615,165 126,901 1,160 743,226
Additions - - 2,805 216 3,021
As at 31 December 2025 - 615,165 129,706 1,376 746,247
Depreciation
As at 1 January 2025 - 231,717 88,351 516 320,584
Provided during the period 62,027 - 7,228 129 69,384
As at 31 December 2025 62,027 231,717 95,579 645 389,968
Net Book Value
As at 31 December 2025 (62,027 ) 383,448 34,127 731 356,279
As at 1 January 2025 - 383,448 38,550 644 422,642
6. Stocks
2025 2024
£ £
Stock 11,547 9,596
7. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 2,893 4,203
Other debtors 103,749 62,297
Corporation tax recoverable assets - 35,659
Directors' loan accounts 200,946 188,896
307,588 291,055
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 24,914 26,266
Bank loans and overdrafts 90,631 195,710
Corporation tax 39,751 35,659
Other taxes and social security 6,383 3,080
VAT 52,868 67,945
Other creditors 55,568 20,894
Accruals and deferred income 1,500 2,906
271,615 352,460
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Page 6
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 233,527 200,164
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 6