Philander Inns Limited

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

Registered number: 00938117

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		354		416
Investment Properties	5		1,025,000		1,025,000

			1,025,354		1,025,416
CURRENT ASSETS
Debtors	6	271,371		266,914
Cash at bank and in hand		105,993		24,280

		377,364		291,194
Creditors: Amounts Falling Due Within One Year	7	(38,156 )		(7,537 )

NET CURRENT ASSETS (LIABILITIES)			339,208		283,657

TOTAL ASSETS LESS CURRENT LIABILITIES			1,364,562		1,309,073

PROVISIONS FOR LIABILITIES
Deferred Taxation			(170,000 )		(164,197 )

NET ASSETS			1,194,562		1,144,876

CAPITAL AND RESERVES
Called up share capital	9		2,000		2,000
Capital redemption reserve			1,999		1,999
Profit and Loss Account			1,190,563		1,140,877

SHAREHOLDERS' FUNDS			1,194,562		1,144,876

Page 1

Page 2

Philander Inns Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 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 J M Bartley

Director

27/10/2026

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

1. General Information

Philander Inns Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00938117 . The registered office is 34 Shaplands, Stoke Bishop, Bristol, BS9 1AY.

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

2.2. Turnover

Turnover is comprises rental income and is measured at the fair vakue of consideration receivable.

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

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Short term debtors are measured at transaction price less any impairment.

Short term creditors are measured at transaction price.

Cash is represented by deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Other financial liabilities, including borrowings are initially measured at fair value and subsequently measured at amortised cost using the effective interest rate method, with interest expense recognised on an effective yield basis.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

Current and deferred taxation assets and libilities are not discounted.

Current tax

Current tax is recognised at the aamount of tax payable using the tax rate as and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised on timing differences that have originaed but not reveded at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessmemts in periods different from those in which they are recognidsed in the financial statememnts. Deferred tax is measured using tax rates and laws that have been enacted or substantially enacted by the year end and that are expected to apply to the trevewrsal 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.

Page 3

Page 4

Philander Inns Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 November 2024	21,090

As at 31 October 2025	21,090

Depreciation
As at 1 November 2024	20,674
Provided during the period	62

As at 31 October 2025	20,736

Net Book Value
As at 31 October 2025	354

As at 1 November 2024	416

5. Investment Property

	2025
	£
Fair Value
As at 1 November 2024 and 31 October 2025	1,025,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	-	67,534

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	1,871	1,914
Other debtors	265,000	265,000
Directors loan	4,500	-

	271,371	266,914

The directors loan was repaid on 29 July 2026.

Page 4

Page 5

Philander Inns Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	4,314	6
Corporation tax	14,258	-
Other creditors	7,500	-
Accruals and deferred income	12,084	7,531

	38,156	7,537

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 November 2024	164,197	164,197
Deferred taxation	5,803	5,803

Balance at 31 October 2025	170,000	170,000

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2,000	2,000

Page 5