Traditional English Inns Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Traditional English Inns Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11015430 . The registered office is The Plough Inn, Stalisfield, Kent, ME13 0HY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover represents the fair value of consideration received or receivable for goods and services provided in the ordinary course of business, excluding value added tax.

Revenue is recognised as follows:

Food and Beverage Sales – Revenue is recognised at the point of sale when food and drink are provided to customers, as this is the point at which the significant risks and rewards of ownership are transferred.

Room Income – Revenue from the provision of accommodation is recognised when the related service is provided, that is, when guests stay at the property.

Deposits and Advance Bookings – Customer deposits received in advance of accommodation, functions, or event bookings are treated as deferred income until the related goods or services are provided.

Function and Event Income – Revenue from functions, parties, or events is recognised when the event takes place.

Gift Vouchers – Income from gift vouchers is recognised when the voucher is redeemed for goods or services. Unredeemed vouchers are carried as deferred income until used or expired.

Service Charges and Tips – Service charges added to customer bills are included in turnover where the Company has the primary obligation to provide the service. Tips and gratuities paid directly to staff by customers are excluded from turnover.

The fair value of consideration takes into account trade discounts, promotional discounts, and any rebates offered to customers.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets is the website and copyright of online resources. It is amortised to profit and loss account over its estimated economic life of five years.

2.5. 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	15% Reducing balance
Fixtures & Fittings	15% Reducing balance
Computer Equipment	25% Reducing balance

Assets considered to lose their value fully in the first year of acquisition are fully depreciated at purchase.

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Traditional English Inns Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.6. Leasing and Hire Purchase Contracts

Hire purchase contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under hire purchase contracts are depreciated over their useful lives.

Finance leases

Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Operating leases

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value.

2.8. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

2.9. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2025: 19)

4. Intangible Assets

	Other
	£
Cost
As at 1 March 2025	5,600

As at 28 February 2026	5,600

Amortisation
As at 1 March 2025	2,608
Provided during the period	1,120

As at 28 February 2026	3,728

Net Book Value
As at 28 February 2026	1,872

As at 1 March 2025	2,992

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Traditional English Inns Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 March 2025	28,240	35,548	1,151	64,939
Disposals	(4,164 )	-	500	(3,664 )

As at 28 February 2026	24,076	35,548	1,651	61,275

Depreciation
As at 1 March 2025	12,964	18,991	763	32,718
Provided during the period	(1,740 )	4,126	205	2,591

As at 28 February 2026	11,224	23,117	968	35,309

Net Book Value
As at 28 February 2026	12,852	12,431	683	25,966

As at 1 March 2025	15,276	16,557	388	32,221

6. Stocks

	2026	2025
	£	£
Stock	11,604	13,233

7. Debtors

	2026	2025
	£	£
Due within one year
Amounts owed by group undertakings	74,445	57,320
Other debtors	8,196	10,936

	82,641	68,256

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	14,007	15,969
Bank loans and overdrafts	-	10,440
Other creditors	20,366	9,145
Taxation and social security	9,630	13,125

	44,003	48,679

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	17,215	9,250

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Traditional English Inns Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

10. Deferred Taxation

The provision for deferred taxation is made up of accelerated capital allowances.

	2026	2025
	£	£
Other timing differences	5,194	6,444

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	4	4

12. Pension Commitments

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

At the balance sheet date unpaid contributions of 2026 - £110(2025 - £1,316) were due to the fund. They are included in Other Creditors.

13. Related Party Transactions

During the year, the company rented property from Traditional English Pubs Limited, a fellow subsidiary undertaking. Rent of £50,000 (2025: £50,000) was charged on normal commercial terms.

At the reporting date, the company was owed £74,445 (2025: £57,320) by a fellow subsidiary undertaking. The balance, which is included within debtors due within one year, is unsecured, interest-free and repayable on demand.

14. Ultimate Controlling Party

The company's ultimate controlling party and parent company is Traditional English Hotels Ltd by virtue of ownership of 100% of the issued share capital in the company.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,872		2,992
Tangible Assets	5		25,966		32,221

			27,838		35,213
CURRENT ASSETS
Stocks	6	11,604		13,233
Debtors	7	82,641		68,256
Cash at bank and in hand		31,618		39,375

		125,863		120,864
Creditors: Amounts Falling Due Within One Year	8	(44,003 )		(48,679 )

NET CURRENT ASSETS (LIABILITIES)			81,860		72,185

TOTAL ASSETS LESS CURRENT LIABILITIES			109,698		107,398

Creditors: Amounts Falling Due After More Than One Year	9		(17,215 )		(9,250 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	10		(5,194 )		(6,444 )

NET ASSETS			87,289		91,704

CAPITAL AND RESERVES
Called up share capital	11		4		4
Profit and Loss Account			87,285		91,700

SHAREHOLDERS' FUNDS			87,289		91,704