IRIS Accounts Production
v22.1.4.3
01254572
Board of Directors
1.2.21
31.1.22
31.1.22
false
true
false
false
true
false
Ordinary A, B, C, D and E
1.00000
Ordinary A, B, C, D and E
1.00000
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REGISTERED NUMBER: 01254572 (England and Wales) |
| UNAUDITED FINANCIAL STATEMENTS | |
| FOR THE YEAR ENDED 31 JANUARY 2022 | |
| WILLIAMS ARMS (DEVON) LIMITED | |
Notes to the Financial Statements |
3 |
|
Tangible assets |
4 |
667,794 |
|
677,578 |
|
|
Investments |
5 |
191,803 |
|
191,803 |
|
|
Cash at bank and in hand |
251,772 |
|
18,542 |
|
|
Amounts falling due within one year |
7 |
163,974 |
|
56,019 |
|
|
NET CURRENT ASSETS |
160,928 |
|
31,486 |
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
1,020,525 |
|
900,867 |
|
|
Amounts falling due after more than one year |
8 |
118,182 |
|
190,369 |
|
|
NET ASSETS |
902,343 |
|
710,498 |
|
|
Called up share capital |
9 |
30,000 |
|
30,000 |
|
|
Revaluation reserve |
10 |
346,951 |
|
346,951 |
|
|
Retained earnings |
525,392 |
|
333,547 |
|
|
SHAREHOLDERS' FUNDS |
902,343 |
|
710,498 |
|
|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006. |
The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2022 and were signed on its behalf by: |
|
Williams Arms (Devon) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below: |
|
Registered number: |
01254572 |
|
Registered office: |
Grenville House |
|
Basis of preparing the financial statements |
|
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets. |
|
Turnover represents net sales of goods and services, excluding value added tax. |
|
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
|
Fixtures and equipment |
- |
25% on reducing balance |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
|
Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
|
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 25 (2021 - 23 ) . |
|
property |
|
equipment |
|
Totals |
|
At 1 February 2021 |
600,000 |
|
475,469 |
|
1,075,469 |
|
|
|
At 31 January 2022 |
600,000 |
|
478,164 |
|
1,078,164 |
|
|
|
At 1 February 2021 |
- |
|
397,891 |
|
397,891 |
|
|
|
Charge for year |
- |
|
12,479 |
|
12,479 |
|
|
|
At 31 January 2022 |
- |
|
410,370 |
|
410,370 |
|
|
|
At 31 January 2022 |
600,000 |
|
67,794 |
|
667,794 |
|
|
|
At 31 January 2021 |
600,000 |
|
77,578 |
|
677,578 |
|
|
| Depreciation has not been provided on freehold property as the Directors maintain the Public House in such a condition that any depreciation would be immaterial. |
| Freehold land and buildings were revalued in 2000 by the directors at a conservative open market value of £600,000. |
5. |
FIXED ASSET INVESTMENTS |
|
and 31 January 2022 |
191,803 |
|
|
|
At 31 January 2022 |
191,803 |
|
|
|
At 31 January 2021 |
191,803 |
|
|
6. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
Other debtors |
57,690 |
|
56,970 |
|
|
7. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
Trade creditors |
36,317 |
|
4,112 |
|
|
|
Taxation and social security |
80,559 |
|
39,638 |
|
|
|
Other creditors |
10,734 |
|
12,269 |
|
|
8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
|
|
Bank loans |
118,182 |
|
190,369 |
|
|
9. |
CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
|
Number: |
Class: |
Nominal |
2022 |
2021 |
|
|
30,000 |
Ordinary A, B, C, D and E |
£1 |
30,000 |
|
30,000 |
|
|
|
and 31 January 2022 |
346,951 |
|
|