REGISTERED NUMBER: 08770348 (England and Wales)

Inn Toxicating Limited

Trading as

The Tides Inn

Financial Statements

for the Year Ended 30 November 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs J M Antonana

REGISTERED OFFICE:

Unit 2a

Railway Triangle Industrial Estate

Dorchester

Dorset

DT1 2PJ

REGISTERED NUMBER:

08770348 (England and Wales)

ACCOUNTANTS:

Read Woodruff

Chartered Accountants

Unit 2a

Railway Triangle Industrial Estate

Dorchester

Dorset

DT1 2PJ

BANKERS:

HSBC Bank plc

18 St Mary Street

Weymouth

Dorset

DT4 8PH

FIXED ASSETS

Tangible assets

4

230,703

231,203

CURRENT ASSETS

Stocks

3,187

3,684

Debtors

5

436

-

Cash at bank and in hand

8,920

3,512

12,543

7,196

CREDITORS

Amounts falling due within one year

6

195,468

180,244

NET CURRENT LIABILITIES

(182,925

)

(173,048

)

TOTAL ASSETS LESS CURRENT LIABILITIES

47,778

58,155

CREDITORS

Amounts falling due after more than one year

7

(14,827

)

(18,966

)

PROVISIONS FOR LIABILITIES

(539

)

(634

)

NET ASSETS

32,412

38,555

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

32,410

38,553

SHAREHOLDERS' FUNDS

32,412

38,555

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 her 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 27 August 2026 and were signed by:

Mrs J M Antonana - Director

1.	STATUTORY INFORMATION

Inn Toxicating Limited 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents bar and food sales and charges for provision of accommodation during the accounting period, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures, fittings, equipment

-

15% on reducing balance

The directors consider that freehold properties are maintained in such a state of repair that their residual value is at least equal to their net book value. As a result, the corresponding depreciation charge for the year is nil. The directors perform annual impairment reviews to ensure that the recoverable amount is not lower than the carrying value.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Freehold

fittings,

property

equipment

Totals

£

£

£

COST

At 1 December 2024

and 30 November 2025

227,867

8,848

236,715

DEPRECIATION

At 1 December 2024

-

5,512

5,512

Charge for year

-

500

500

At 30 November 2025

-

6,012

6,012

NET BOOK VALUE

At 30 November 2025

227,867

2,836

230,703

At 30 November 2024

227,867

3,336

231,203

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

436

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

90,380

90,380

Taxation and social security

19,373

15,689

Other creditors

85,715

74,175

195,468

180,244

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

14,827

18,966

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

2,414

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

86,242

86,242

The mortgage is secured by a fixed charge over the company's freehold property together with fixed and floating charges over all other company assets, present and future.