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Registration number: 14296024

Hope & Anchor Tenby Limited

trading as Hope & Anchor

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Hope & Anchor Tenby Limited

trading as Hope & Anchor

Company Information

Directors

Mr M Evans Mr J Rossiter

Registered office

The Office China Cottage Cob Lane Tenby Pembrokeshire SA70 7AR

Hope & Anchor Tenby Limited

trading as Hope & Anchor

(Registration number: 14296024)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	124,328	134,722
Current assets
Stocks	5	3,500	3,500
Debtors	6	49,013	10,435
Cash at bank and in hand		153,928	66,694
		206,441	80,629
Creditors: Amounts falling due within one year	7	(301,410)	(232,851)
Net current liabilities		(94,969)	(152,222)
Total assets less current liabilities		29,359	(17,500)
Provisions for liabilities		(27,644)	(22,817)
Net assets/(liabilities)		1,715	(40,317)
Capital and reserves
Called up share capital	8	100	100
Retained earnings		1,615	(40,417)
Shareholders' funds/(deficit)		1,715	(40,317)

For the financial year ending 30 November 2025 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 26 August 2026 and signed on its behalf by:
 

......................................... Mr M Evans Director

Hope & Anchor Tenby Limited

trading as Hope & Anchor

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

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:
The Office
China Cottage
Cob Lane
Tenby
Pembrokeshire
SA70 7AR

These financial statements were authorised for issue by the Board on 26 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.

Going concern

The financial statements have been prepared on a going concern basis.

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 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.

Hope & Anchor Tenby Limited

trading as Hope & Anchor

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

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.

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
Plant and machinery	15% Reducing balance

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.

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.

Hope & Anchor Tenby Limited

trading as Hope & Anchor

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

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.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 26 (2024 - 23).

Hope & Anchor Tenby Limited

trading as Hope & Anchor

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 December 2024	191,892	191,892
Additions	10,541	10,541
At 30 November 2025	202,433	202,433
Depreciation
At 1 December 2024	57,169	57,169
Charge for the year	20,936	20,936
At 30 November 2025	78,105	78,105
Carrying amount
At 30 November 2025	124,328	124,328
At 30 November 2024	134,722	134,722

5

Stocks

	2025 £	2024 £
Other inventories	3,500	3,500

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		237	-
Amounts owed by related parties	9	29,903	-
Prepayments		6,647	6,334
Other debtors		12,226	4,101
		49,013	10,435

Hope & Anchor Tenby Limited

trading as Hope & Anchor

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		39,943	56,803
Taxation and social security		102,509	90,671
Amounts owed to group undertakings and undertakings in which the company has a participating interest		26,440	1,440
Other related parties		-	35,097
Directors' loan accounts		100,546	31,921
Outstanding defined contribution pension costs		984	1,013
Other creditors		30,988	15,906
		301,410	232,851

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A shares of £1 each	50	50	50	50
Ordinary B Shares of £1 each	45	45	50	50
Ordinary C Shares of £1 (2024 - £0) each	5	5	-	-
	100	100	100	100

Hope & Anchor Tenby Limited

trading as Hope & Anchor

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

9	Related party transactions

During the year the Company received financial assistance to Cobourg Development Limited, a company controlled by the director. The balance due to the company at the balance sheet date was £125,000 (2024 £65,000). This loan is interest free and repayable on demand and has been included under note 8.

During the year the Company gave financial assistance to Tenby Bookshop Limited, a company controlled by the director. The balance due from the company at the balance sheet date was £29,903 (2024 £29,903). This loan is interest free and repayable on demand and has been included under note 7.

During the year the Company received financial assistance from Harbour Brewery Limited, a company controlled by the director. The balance due to the company at the balance sheet date was £0 (2024 £0). This loan is interest free and repayable on demand and has been included under note 8.

During the year the Company received financial assistance from Harbwr Tenby Limited, a company controlled by the director. The balance due to the company at the balance sheet date was £1,440 (2024 £1,440). This loan is interest free and repayable on demand and has been included under note 8.

During the year the Company gave financial assistance to Penally Court Farm Limited , a company controlled by the director. The balance due from the company at the balance sheet date was £100,000 (2024 £0). This loan is interest free and repayable on demand and has been included under note 7.

Transactions with directors As at the balance sheet date, Mr M Evans was owed £16,849 (2024 £23,518) from the company. The loan is interest free and repayable on demand. As at the balance sheet date, Mr J Rossiter was owed £83,698 (2024 £8,403) from the company. The loan is interest free and repayable on demand.