The Bush Inn (Crosstown) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15532003

The Bush Inn (Crosstown) Limited

Filleted Unaudited Financial Statements

For the year ended

28 February 2026

The Bush Inn (Crosstown) Limited

Statement of Financial Position

28 February 2026

	2026	2025
Note	£	£

Fixed assets

Intangible assets	6	709	1,209
Tangible assets	7	84,604	53,885
		--------	--------
		85,313	55,094

Current assets

Stocks		42,135	14,711
Debtors	8	8,926	3,739
Cash at bank and in hand		82,769	92,235
		---------	---------
		133,830	110,685

Creditors: amounts falling due within one year	9	119,946	76,798
		---------	---------
Net current assets		13,884	33,887
		--------	--------
Total assets less current liabilities		99,197	88,981

Creditors: amounts falling due after more than one year	10	32,000	48,000

Provisions

Deferred taxation	9,066	3,749
	--------	--------
Net assets	58,131	37,232
	--------	--------

Capital and reserves

Called up share capital	2	2
Profit and loss account	58,129	37,230
	--------	--------
Shareholders funds	58,131	37,232
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

The Bush Inn (Crosstown) Limited

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 22 October 2026 , and are signed on behalf of the board by:

T C Ingle	M M Tape
Director	Director

Company registration number: 15532003

The Bush Inn (Crosstown) Limited

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 The Kennels, Abbotsley Road, Croxton, St Neots, PE19 6SZ. The company's trading address is Crosstown, Morwenstow, Bude, Cornwall, EX23 9SR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting period

These financial statements are for the year ended 28 February 2026. The comparative period is from 29 February 2024 to 28 February 2025.

4. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, stated net of rebates, discounts and of value added tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Sales and rental income are recognised when the amount of revenue can be determined and it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current period. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Website	-	33% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property	-	over the remaining useful life of the lease term
Fixtures, fittings and equipment	-	20%/33.33% straight line
Office equipment	-	33% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Government grants

Government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate.

Defined contribution pension plans

The company makes contributions to the personal pension schemes of the directors and certain employees. The annual contributions payable are recognised as an expense in the period in which the related services are provided.

5. Employee numbers

The average number of persons employed by the company during the year amounted to 45 (2025: 34 ).

6. Intangible assets

	Website
	£
Cost
At 1 March 2025 and 28 February 2026	1,500
	-------
Amortisation
At 1 March 2025	291
Charge for the year	500
	-------
At 28 February 2026	791
	-------
Carrying amount
At 28 February 2026	709
	-------
At 28 February 2025	1,209
	-------

7. Tangible assets

	Leasehold property	Fixtures, fittings and equipment	Office equipment	Total
	£	£	£	£
Cost
At 1 March 2025	44,450	19,975	3,702	68,127
Additions	–	54,679	1,208	55,887
	--------	--------	-------	---------
At 28 February 2026	44,450	74,654	4,910	124,014
	--------	--------	-------	---------
Depreciation
At 1 March 2025	9,090	4,726	426	14,242
Charge for the year	9,690	14,111	1,367	25,168
	--------	--------	-------	---------
At 28 February 2026	18,780	18,837	1,793	39,410
	--------	--------	-------	---------
Carrying amount
At 28 February 2026	25,670	55,817	3,117	84,604
	--------	--------	-------	---------
At 28 February 2025	35,360	15,249	3,276	53,885
	--------	--------	-------	---------

8. Debtors

	2026	2025
	£	£
Trade debtors	811	375
Other debtors	8,115	3,364
	-------	-------
	8,926	3,739
	-------	-------

9. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	256	–
Trade creditors	20,265	16,266
Social security and other taxes	35,670	20,758
Other creditors	63,755	39,774
	---------	--------
	119,946	76,798
	---------	--------

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

	2026	2025
	£	£
Other creditors	32,000	48,000
	--------	--------

11. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2026	2025
	£	£
Included in provisions	9,066	3,749
	-------	-------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2026	2025
	£	£
Accelerated capital allowances	9,066	3,749
	-------	-------

12. Government grants

The amounts recognised in the financial statements for government grants are as follows:

	2026	2025
	£	£

Recognised in other operating income:

Government grants recognised directly in income	500	–
	----	----

13. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2026	2025
	£	£
Not later than 1 year	68,112	60,000
Later than 1 year and not later than 5 years	112,844	160,000
	---------	---------
	180,956	220,000
	---------	---------