10179734 false public house. 2016-05-13 2017-07-31 http://www.companieshouse.gov.uk/ 2016-05-12 http://www.companieshouse.gov.uk/ cd:Director1 2016-05-13 2017-07-31 http://www.companieshouse.gov.uk/ pt:FurnitureFittings 2017-07-31 http://www.companieshouse.gov.uk/ cd:OrdinaryShareClass1 2016-05-13 2017-07-31 http://www.companieshouse.gov.uk/ cd:RegisteredOffice 2016-05-13 2017-07-31 http://www.companieshouse.gov.uk/ cd:AuditExemptWithAccountantsReport 2016-05-13 2017-07-31 http://www.companieshouse.gov.uk/ pt:NetGoodwill 2016-05-13 2017-07-31 http://www.companieshouse.gov.uk/ 2016-05-13 2017-07-31 http://www.companieshouse.gov.uk/ cd:FRS102 2016-05-13 2017-07-31 http://www.companieshouse.gov.uk/ 2017-07-31 http://www.companieshouse.gov.uk/ cd:FullAccounts 2016-05-13 2017-07-31 http://www.companieshouse.gov.uk/ cd:PrivateLimitedCompanyLtd 2016-05-13 2017-07-31 http://www.companieshouse.gov.uk/ pt:LandBuildings 2017-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 10179734

The Telegraph Inn Limited

ACCOUNTS
FOR THE 445 DAY PERIOD ENDED 31/07/2017

Prepared By:
WHC
Chartered Accountants
138 Quay Road
Bridlington
East Yorkshire
YO16 4JB

The Telegraph Inn Limited

ACCOUNTS
FOR THE 445 DAY PERIOD ENDED 31/07/2017
DIRECTORS
Mr John Power
REGISTERED OFFICE
138 Quay Road
Bridlington
East Yorkshire
YO16 4JB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10179734
ACCOUNTANTS
WHC
Chartered Accountants
138 Quay Road
Bridlington
East Yorkshire
YO16 4JB

The Telegraph Inn Limited

ACCOUNTS
FOR THE 445 DAY PERIOD ENDED 31/07/2017
CONTENTS
Page
Directors' Report -
Accountants' Report -
Statement Of Comprehensive Income -
Balance Sheet 3
Notes To The Accounts 4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account -
Profit And Loss Account Summaries -

The Telegraph Inn Limited

BALANCE SHEET AT 31/07/2017
2017
Notes £
FIXED ASSETS
Intangible assets 2 26,750
Tangible assets 3 451,772
478,522
CURRENT ASSETS
Stock 9,000
Cash at bank and in hand 51,095
60,095
CREDITORS: Amounts falling due within one year 5 46,027
NET CURRENT ASSETS 14,068
TOTAL ASSETS LESS CURRENT LIABILITIES 492,590
CREDITORS: Amounts falling due after more than one year 6 479,221
NET ASSETS 13,369
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and loss account 13,368
SHAREHOLDERS' FUNDS 13,369
For the year ending 31/07/2017 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 07/02/2018 and signed on their behalf by
.............................
Mr John Power
Director

The Telegraph Inn Limited

NOTES TO THE ACCOUNTS
FOR THE 445 DAY PERIOD ENDED 31/07/2017
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildings straight line 0.02%
Fixtures and Fittings reducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

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2. INTANGIBLE FIXED ASSETS
Purchased
Goodwill Total
£ £
Cost
Additions 30,000 30,000
At 31/07/2017 30,000 30,000
Depreciation
For the 445 day period 3,250 3,250
At 31/07/2017 3,250 3,250
Net Book Amounts
At 31/07/2017 26,750 26,750
3. TANGIBLE FIXED ASSETS
Land And Fixtures
Buildings and Fittings Total
£ £ £
Cost
Additions 450,000 15,800 465,800
At 31/07/2017 450,000 15,800 465,800
Depreciation
For the 445 day period 9,750 4,278 14,028
At 31/07/2017 9,750 4,278 14,028
Net Book Amounts
At 31/07/2017 440,250 11,522 451,772
4. STOCK 2017
£
Stock comprises:
Stock 9,000
9,000

The Telegraph Inn Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017
£
UK corporation tax 5,850
VAT 9,451
PAYE control 439
Directors current account 9,999
Bank Loan 19,231
Other creditors 122
Accruals 935
46,027
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017
£
Bank loans >1yr 216,040
Directors Loan > 1yr 263,181
479,221
The bank loan is secured by HSBC Bank by way of a charge over the company's assets.
7. EMPLOYEES
2017
No. No.
Average number of employees 8
8. SHARE CAPITAL 2017
£
Allotted, issued and fully paid:
1 Ordinary shares of £ 1 each 1
1