The Cross Keys Llanfynydd Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14643511

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,899		14,374

			10,899		14,374
CURRENT ASSETS
Stocks	5	2,804		-
Debtors	6	11,588		6,197
Cash at bank and in hand		17,558		19,127

		31,950		25,324
Creditors: Amounts Falling Due Within One Year	7	(340,887 )		(302,061 )

NET CURRENT ASSETS (LIABILITIES)			(308,937 )		(276,737 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(298,038 )		(262,363 )

NET LIABILITIES			(298,038 )		(262,363 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(298,138 )		(262,463 )

SHAREHOLDERS' FUNDS			(298,038)		(262,363)

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The Cross Keys Llanfynydd Ltd

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 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 Gwenan Roberts

Director

04/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Cross Keys Llanfynydd Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14643511 . The registered office is Rhyd Offa, Llanfynydd, Nr Wrexham, LL11 5HH.

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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

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. 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:

Plant & Machinery	25% Reducing Balance
Computer Equipment	33% Straight Line

2.4. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 36 (2025: 36)

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The Cross Keys Llanfynydd Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 March 2025	23,092	3,494	26,586
Additions	1,300	-	1,300

As at 28 February 2026	24,392	3,494	27,886

Depreciation
As at 1 March 2025	9,906	2,306	12,212
Provided during the period	3,622	1,153	4,775

As at 28 February 2026	13,528	3,459	16,987

Net Book Value
As at 28 February 2026	10,864	35	10,899

As at 1 March 2025	13,186	1,188	14,374

5. Stocks

	2026	2025
	£	£
Stock	2,804	-

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,200	-
Other debtors	10,388	5,595

	11,588	5,595
Due after more than one year
Trade debtors	-	602

	11,588	6,197

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	19,084	16,498
Amounts owed to participating interests	303,608	274,158
Other creditors	6,108	1,926
Taxation and social security	12,087	9,479

	340,887	302,061

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The Cross Keys Llanfynydd Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

The Cross Keys Llanfynydd Limited is a Company under common control as The Spicy Pint Pub Company Limited. During the year, The Spicy Pint Pub Company Limited provided loans to the The Cross Keys Llanfynydd Limited totalling £20,000 (2025 : £55,000), all of which was outstanding at the year end.

The Spicy Pint Pub Company Ltd also charged rent during the period totalling £12,000 (2025 : £26,100), all of which remained unpaid at the end of the financial period.

The Cross Keys Llanfynydd Limited charged the Spicy Pint Pub Company Ltd £5,000 (2025 : £nil) in respect of a management charge.

At the year end, the total amount payable to The Spicy Pint Pub Company Ltd was £303,608 (2025: £274,158).

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