REGISTERED NUMBER: 03372375 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

A & J Inns Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Lumb

SECRETARY:

Mrs J Lumb

REGISTERED OFFICE:

New Hold Industrial Estate

Aberford Road

Garforth

Leeds

West Yorkshire

LS25 2HL

REGISTERED NUMBER:

03372375 (England and Wales)

ACCOUNTANTS:

Frank W Dobby & Co Limited

Chartered Certified Accountants

55 Fountain Street

Morley

Leeds

West Yorkshire

LS27 0AA

BANKERS:

The Royal Bank of Scotland

27 Market Place

Huddersfield

West Yorkshire

HD1 2AD

SOLICITORS:

Chadwick Lawrence Solicitors

29/31 Commercial Street

Morley

Leeds

West Yorkshire

LS27 8HX

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

2,053,089

2,111,181

2,053,089

2,111,181

CURRENT ASSETS

Stocks

203,475

118,188

Debtors

236,910

173,215

Cash at bank and in hand

144,990

135,276

585,375

426,679

CREDITORS

Amounts falling due within one year

4

884,911

866,214

NET CURRENT LIABILITIES

(299,536

)

(439,535

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,753,553

1,671,646

CREDITORS

Amounts falling due after more than one year

4

(549,449

)

(598,260

)

PROVISIONS FOR LIABILITIES

(35,369

)

(36,040

)

NET ASSETS

1,168,735

1,037,346

CAPITAL AND RESERVES

Called up share capital

5

1,000

1,000

Profit and loss account

1,167,735

1,036,346

SHAREHOLDERS' FUNDS

1,168,735

1,037,346

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 31 March 2017 and were signed by:

A Lumb - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill is amortised over a period of 5 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Leasehold improvements

-

2% on cost

Improvements to property

-

20% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks of consumable trading stock in the licenced public premises and storage warehouse are valued at the

lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

130,000

AMORTISATION

At 1 June 2015

and 31 May 2016

130,000

NET BOOK VALUE

At 31 May 2016

-

At 31 May 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

3,552,804

Additions

89,420

Disposals

(24,434

)

At 31 May 2016

3,617,790

DEPRECIATION

At 1 June 2015

1,441,623

Charge for year

129,187

Eliminated on disposal

(6,109

)

At 31 May 2016

1,564,701

NET BOOK VALUE

At 31 May 2016

2,053,089

At 31 May 2015

2,111,181

4.

CREDITORS

Creditors include an amount of £ 590,577 (31.5.15 - £ 650,000 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.5.16

31.5.15

£

£

Repayable by instalments

283,105

325,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

1,000

Ordinary

£1

1,000

1,000