Registration number: 09315654

The New Inn Westfield Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

The New Inn Westfield Limited

Company Information

Director

P M Edwards

Registered office

39 High Street Battle East Sussex England TN33 0EE

Accountants

Manningtons Victoria House The Moor Hawkhurst Kent TN18 4NR

The New Inn Westfield Limited

(Registration number: 09315654)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	18,022	13,034
Current assets
Stocks	6	10,551	9,961
Debtors	7	2,694	1,565
Cash at bank and in hand		15,395	12,592
		28,640	24,118
Creditors: Amounts falling due within one year	8	(277,500)	(194,635)
Net current liabilities		(248,860)	(170,517)
Total assets less current liabilities		(230,838)	(157,483)
Creditors: Amounts falling due after more than one year	8	(4,081)	(5,555)
Net liabilities		(234,919)	(163,038)
Capital and reserves
Called up share capital		4	4
Retained earnings		(234,923)	(163,042)
Shareholders' deficit		(234,919)	(163,038)

For the financial 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.

Director's 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 director acknowledges his 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.

The New Inn Westfield Limited

(Registration number: 09315654)
Balance Sheet as at 31 December 2025

Approved and authorised by the director on 9 September 2026
 

......................................... P M Edwards Director

The New Inn Westfield Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 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:
39 High Street
Battle
East Sussex
TN33 0EE
England

The principal place of business is:
Main Road
Westfield
Hastings
East Sussex
TN35 4QE

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.

The presentation currency of the financial statements is the Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of food and drink 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.

The New Inn Westfield Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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.

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
Fixtures, fittings and equipment	20% reducing balance basis
Motor vehicles	25% reducing balance basis

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.

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.

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.

The New Inn Westfield Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

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 the director) during the year, was 16 (2024 - 19).

4	Loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	5,162	3,345

The New Inn Westfield Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5	Tangible assets

	Fixtures, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	61,848	1,833	63,681
Additions	686	10,495	11,181
Disposals	-	(1,833)	(1,833)
At 31 December 2025	62,534	10,495	73,029
Depreciation
At 1 January 2025	49,845	802	50,647
Charge for the year	2,538	2,624	5,162
Eliminated on disposal	-	(802)	(802)
At 31 December 2025	52,383	2,624	55,007
Carrying amount
At 31 December 2025	10,151	7,871	18,022
At 31 December 2024	12,003	1,031	13,034

6

Stocks

	2025 £	2024 £
Stock	10,551	9,961

7

Debtors

	2025 £	2024 £
Trade debtors	1,201	651
Prepayments	1,493	914
	2,694	1,565

The New Inn Westfield Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		26,817	25,135
Trade creditors		21,611	22,802
Taxation and social security		178,018	96,752
Accruals and deferred income		5,486	6,018
Other creditors		21,978	21,070
Directors loan accounts		23,590	22,858
		277,500	194,635

The company relies upon the continued support of its directors.

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		4,081	5,555

9	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	35,880	37,128
Later than one year and not later than five years	6,188	43,316
	42,068	80,444

The amount of non-cancellable operating lease payments recognised as an expense during the year was £33,384 (2024 - £37,128).