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REGISTERED NUMBER: 03372375 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2018

for

A & J Inns Limited

A & J Inns Limited (Registered number: 03372375)






Contents of the Financial Statements
for the Year Ended 31 May 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & J Inns Limited

Company Information
for the Year Ended 31 May 2018







DIRECTOR: A Lumb



SECRETARY: Mrs J M 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

A & J Inns Limited (Registered number: 03372375)

Balance Sheet
31 May 2018

31.5.18 31.5.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,212,316 2,333,622
2,212,316 2,333,622

CURRENT ASSETS
Stocks 201,628 200,948
Debtors 6 223,576 220,644
Cash at bank and in hand 75,589 57,316
500,793 478,908
CREDITORS
Amounts falling due within one year 7 849,563 1,053,096
NET CURRENT LIABILITIES (348,770 ) (574,188 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,863,546

1,759,434

CREDITORS
Amounts falling due after more than one
year

8

(450,602

)

(517,043

)

PROVISIONS FOR LIABILITIES (48,444 ) (48,444 )
NET ASSETS 1,364,500 1,193,947

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,363,500 1,192,947
SHAREHOLDERS' FUNDS 1,364,500 1,193,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 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.

A & J Inns Limited (Registered number: 03372375)

Balance Sheet - continued
31 May 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 28 February 2019 and were signed by:





A Lumb - Director


A & J Inns Limited (Registered number: 03372375)

Notes to the Financial Statements
for the Year Ended 31 May 2018

1. STATUTORY INFORMATION

A & J Inns Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Revenue from the sale of goods is recognised when goods are delivered and legal title passes.

Goodwill
Goodwill is amortised over a period of 5 years.


Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

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

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and
accumulated impairment losses.
At each balance sheet date the company reviews the carrying amount of its tangible fixed assets to determine
whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the
recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.


A & J Inns Limited (Registered number: 03372375)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2018

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 94 (2017 - 81 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2017
and 31 May 2018 130,000
AMORTISATION
At 1 June 2017
and 31 May 2018 130,000
NET BOOK VALUE
At 31 May 2018 -
At 31 May 2017 -

A & J Inns Limited (Registered number: 03372375)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2018

5. TANGIBLE FIXED ASSETS
Improvements
Freehold Leasehold to
property improvements property
£    £    £   
COST
At 1 June 2017 2,304,243 155,576 800,829
At 31 May 2018 2,304,243 155,576 800,829
DEPRECIATION
At 1 June 2017 402,530 7,268 799,509
Charge for year 45,885 3,111 660
Eliminated on disposal - - -
At 31 May 2018 448,415 10,379 800,169
NET BOOK VALUE
At 31 May 2018 1,855,828 145,197 660
At 31 May 2017 1,901,713 148,308 1,320

Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2017 133,389 560,505 51,652 4,006,194
Additions - - 34,305 34,305
Disposals - - (24,317 ) (24,317 )
At 31 May 2018 133,389 560,505 61,640 4,016,182
DEPRECIATION
At 1 June 2017 64,444 384,066 14,755 1,672,572
Charge for year 26,677 49,683 10,745 136,761
Eliminated on disposal - - (5,467 ) (5,467 )
At 31 May 2018 91,121 433,749 20,033 1,803,866
NET BOOK VALUE
At 31 May 2018 42,268 126,756 41,607 2,212,316
At 31 May 2017 68,945 176,439 36,897 2,333,622

A & J Inns Limited (Registered number: 03372375)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2018

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2017 24,317
Additions 27,805
Disposals (24,317 )
At 31 May 2018 27,805
DEPRECIATION
At 1 June 2017 507
Charge for year 6,119
Eliminated on disposal (5,467 )
At 31 May 2018 1,159
NET BOOK VALUE
At 31 May 2018 26,646
At 31 May 2017 23,810

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.18 31.5.17
£    £   
Trade debtors 56,706 76,190
Amounts owed by associates 52,605 15,000
Other debtors 114,265 129,454
223,576 220,644

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.18 31.5.17
£    £   
Bank loans and overdrafts 66,204 66,427
Hire purchase contracts 5,076 5,325
Trade creditors 401,922 522,800
Amounts owed to associates - 2,394
Taxation and social security 201,390 211,550
Other creditors 174,971 244,600
849,563 1,053,096

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.18 31.5.17
£    £   
Bank loans 436,543 502,399
Hire purchase contracts 14,059 14,644
450,602 517,043

A & J Inns Limited (Registered number: 03372375)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2018

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.5.18 31.5.17
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loan due in over 5 years 148,877 218,611

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.18 31.5.17
£    £   
Bank loans 502,747 568,826
Carlsberg UK Limited loan 95,900 105,982
598,647 674,808

The company's bankers have secured their debt as follows:

1. First legal charge over the freehold property known as 13 Beastfair, Pontefract.
2. First legal charge over the freehold property known as Bar 12, 12 Shoe Fair, Pontefract.
3. First legal charge over the freehold property known as JR Amusements, Mill Lane, Skipsea.
4. First legal charge over the freehold property known as The Jug Inn, Chapel Haddlessey, Selby.
5. First legal charge over the freehold property known as Three Acres, Bingley Road, Lees Moor, Keighley.
6. First legal charge over the leasehold property known as Castleford Liberal WMC, 1 Powell St, Castleford.
7. Unlimited cross guarantee between A & J Inns Limited and L & C Leisure Limited.
8. Debenture over all assets of the Company.

Carlsberg UK Limited have secured the company's debt as follows:

1. Fixed and floating charges over the freehold licensed premises known as The Redoubt Inn, 28 Horbury Road,
Wakefield.

10. RELATED PARTY DISCLOSURES

A director loaned funds to the company on an interest free basis throughout the financial year. The balance owed
to the director at the start of the year was £68,368.The balance due at 31 May 2018 is £36,340.