Company No: 08042145 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

R M Harrison

REGISTERED OFFICE	The Tors Inn
	Belstone
	Okehampton
	EX20 1QZ
	United Kingdom

COMPANY NUMBER

08042145 (England and Wales)

ACCOUNTANT	Gravita Western Limited
	Keble House
	Southernhay Gardens
	Exeter
	EX1 1NT
	United Kingdom

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	7,768		9,537
		7,768		9,537
Current assets
Stocks		5,400		5,400
Debtors	4	119,340		33,856
Cash at bank and in hand		0		50,062
		124,740		89,318
Creditors: amounts falling due within one year	5	( 92,988)		( 55,599)
Net current assets		31,752		33,719
Total assets less current liabilities		39,520		43,256
Creditors: amounts falling due after more than one year	6	( 23,308)		( 31,490)
Provision for liabilities		( 1,942)		( 2,381)
Net assets		14,270		9,385
Capital and reserves
Called-up share capital		1,000		1,000
Profit and loss account		13,270		8,385
Total shareholder's funds		14,270		9,385

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Modern Diners Limited (registered number: 08042145) were approved and authorised for issue by the Director on 02 November 2026. They were signed on its behalf by:

R M Harrison Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Modern Diners Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.The company's registered office is located at The Tors Inn, Belstone, Okehampton, EX20 1QZ, United Kingdom.. Its principal place of business is The Grapevine Brewhouse, 2 Victoria Road, Exmouth, Devon EX8 1DL.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

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.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	9		10

3. Tangible assets

	Vehicles		Fixtures and fittings		Total
	£		£		£
Cost
At 01 April 2025	12,300		19,102		31,402
Additions	0		5,265		5,265
Disposals	( 12,300)		0		( 12,300)
At 31 March 2026	0		24,367		24,367
Accumulated depreciation
At 01 April 2025	7,327		14,538		21,865
Charge for the financial year	0		2,061		2,061
Disposals	( 7,327)		0		( 7,327)
At 31 March 2026	0		16,599		16,599
Net book value
At 31 March 2026	0		7,768		7,768
At 31 March 2025	4,973		4,564		9,537

4. Debtors

	2026		2025
	£		£
Trade debtors	7,104		7,856
Amounts owed by related parties	54,097		18,434
Other debtors	58,139		7,566
	119,340		33,856

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans and overdrafts	21,767		17,249
Trade creditors	16,301		10,233
Taxation and social security	51,328		24,878
Other creditors	3,592		3,239
	92,988		55,599

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	23,308		31,490

There are no amounts included above in respect of which any security has been given by the small entity.

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

R M Harrison

	2026		2025
	£		£
Balance outstanding at start of year	0		59,036
Amounts advanced	70,279		41,500
Amounts repaid	(43,010)		(100,536)
Amounts written off	0		0
Amounts waived	0		0
	27,269		0

The loan has had interest charged at the official rate and is repayable on demand. Interest charged for the current year is £1,726.19.

8. RELATED PARTY DISCLOSURES

R M Harrison (Director)

A personal guarantee has been provided by the director to HSBC Bank p.l.c. in support of the bank borrowings.

Related company loans (under common ownership)

Included in debtors within one year: loan with a related party of £11,137.11 (2025 £18,434) and loan with another related party of £42,960 (2025 £Nil) . The loans are interest free and repayable on demand.