Williams Arms (Devon) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01254572 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

WILLIAMS ARMS (DEVON) LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

675,910

651,575

Investments

5

191,803

867,713

843,378

CURRENT ASSETS

Stocks

24,693

27,222

Debtors

6

46,913

30,995

Cash at bank and in hand

752,991

688,227

824,597

746,444

CREDITORS

Amounts falling due within one year

7

241,941

244,107

NET CURRENT ASSETS

582,656

502,337

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,450,369

1,345,715

CAPITAL AND RESERVES

Called up share capital

8

30,000

Revaluation reserve

9

346,951

Retained earnings

9

1,073,418

968,764

SHAREHOLDERS' FUNDS

1,450,369

1,345,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2026 and were signed on its behalf by:

Mr J B Squire - Director

1.	STATUTORY INFORMATION

Williams Arms (Devon) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01254572

Registered office:

Grenville House

9 Boutport Street

Barnstaple

Devon

EX31 1TZ

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 as modified by the revaluation of certain assets.

TURNOVER

Turnover represents net sales of goods and services, excluding value added tax.

TANGIBLE FIXED ASSETS

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

Fixtures and equipment

-

25% on reducing balance

STOCKS

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

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2025 - 32 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

equipment

Totals

£

COST OR VALUATION

At 1 February 2025

600,000

487,288

1,087,288

Additions

-

32,271

At 31 January 2026

600,000

519,559

1,119,559

DEPRECIATION

At 1 February 2025

-

435,713

Charge for year

-

7,936

At 31 January 2026

-

443,649

NET BOOK VALUE

At 31 January 2026

600,000

75,910

675,910

At 31 January 2025

600,000

51,575

651,575

Depreciation has not been provided on freehold property as the Directors maintain the Public House in such a condition that any depreciation would be immaterial.

Freehold land and buildings were revalued in 2000 by the directors at a conservative open market value of £600,000.

5.	FIXED ASSET INVESTMENTS

Other

investment

£

COST

At 1 February 2025

and 31 January 2026

191,803

NET BOOK VALUE

At 31 January 2026

191,803

At 31 January 2025

191,803

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

34,710

26,160

Prepayments and accrued income

12,203

4,835

46,913

30,995

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

55,849

63,260

Corporation tax

77,937

82,493

Social security and other taxes

12,265

8,209

VAT

75,345

69,232

Other creditors

20,545

20,913

241,941

244,107

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

30,000

Ordinary A, B, C, D and E

£1

30,000

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 February 2025

968,764

346,951

1,315,715

Profit for the year

258,366

Dividends

(153,712

)

(153,712

)

At 31 January 2026

1,073,418

346,951

1,420,369