REGISTERED NUMBER: 10034932 (England and Wales)

Financial Statements

for the Year Ended 31 March 2026

for

P&G Inns Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P M Maloney

Mrs G Maloney

REGISTERED OFFICE:

The Bell at Lacock

Bowden Hill

Lacock

Chippenham

Wiltshire

SN15 2PJ

REGISTERED NUMBER:

10034932 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Intangible assets

4

-

10,000

Tangible assets

5

657,135

88,799

657,135

98,799

CURRENT ASSETS

Stocks

15,326

13,757

Debtors

6

71,781

39,745

Cash at bank and in hand

1,727

14,791

88,834

68,293

CREDITORS

Amounts falling due within one year

7

201,233

142,278

NET CURRENT LIABILITIES

(112,399

)

(73,985

)

TOTAL ASSETS LESS CURRENT LIABILITIES

544,736

24,814

CREDITORS

Amounts falling due after more than one year

8

(538,596

)

(3,668

)

PROVISIONS FOR LIABILITIES

(15,135

)

(20,773

)

NET (LIABILITIES)/ASSETS

(8,995

)

373

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(9,195

)

173

SHAREHOLDERS' FUNDS

(8,995

)

373

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2026 and were signed on its behalf by:

P M Maloney - Director

1.	STATUTORY INFORMATION

P&G Inns Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost, 20% on reducing balance and 4% on cost

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage of manufacture or completion.

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.

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 25 (2025 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

100,000

AMORTISATION

At 1 April 2025

90,000

Charge for year

10,000

At 31 March 2026

100,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

10,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

-

159,215

159,215

Additions

611,446

1,929

613,375

At 31 March 2026

611,446

161,144

772,590

DEPRECIATION

At 1 April 2025

-

70,416

70,416

Charge for year

33,970

11,069

45,039

At 31 March 2026

33,970

81,485

115,455

NET BOOK VALUE

At 31 March 2026

577,476

79,659

657,135

At 31 March 2025

-

88,799

88,799

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

71,781

39,745

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

12,375

-

Trade creditors

27,268

23,094

Other creditors

161,590

119,184

201,233

142,278

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Other creditors

538,596

3,668