Company Registration No. SC402290 (Scotland)
O'Hare Pubs Limited
Unaudited accounts
for the year ended 31 December 2022
O'Hare Pubs Limited
Unaudited accounts
Contents
O'Hare Pubs Limited
Company Information
for the year ended 31 December 2022
Directors
Michael O'Hare
Laura O'Hare
Company Number
SC402290 (Scotland)
Registered Office
15 BIRKMYRE ROAD
GLASGOW
G51 3JH
Accountants
RTP Strategic Ltd
13 Royal Crescent
GLASGOW
G3 7SL
O'Hare Pubs Limited
Statement of financial position
as at 31 December 2022
Tangible assets
942,489
1,017,899
Cash at bank and in hand
262,618
229,411
Creditors: amounts falling due within one year
(348,032)
(248,855)
Net current assets
130,453
217,407
Total assets less current liabilities
1,072,942
1,235,306
Creditors: amounts falling due after more than one year
(176,667)
(351,405)
Net assets
896,275
883,901
Called up share capital
850,002
850,002
Profit and loss account
46,273
33,899
Shareholders' funds
896,275
883,901
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by
Michael O'Hare
Director
Company Registration No. SC402290
O'Hare Pubs Limited
Notes to the Accounts
for the year ended 31 December 2022
O'Hare Pubs Limited is a private company, limited by shares, registered in Scotland, registration number SC402290. The registered office is 15 BIRKMYRE ROAD, GLASGOW, G51 3JH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight line
Motor vehicles
over 4 years
Fixtures & fittings
15% Straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2022
524,394
636,122
286,827
1,447,343
Additions
-
1,499
22,416
23,915
At 31 December 2022
524,394
637,621
309,243
1,471,258
At 1 January 2022
108,375
266,806
54,263
429,444
Charge for the year
10,488
18,183
70,654
99,325
At 31 December 2022
118,863
284,989
124,917
528,769
At 31 December 2022
405,531
352,632
184,326
942,489
At 31 December 2021
416,019
369,316
232,564
1,017,899
O'Hare Pubs Limited
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Deferred tax asset
20,795
14,455
Accrued income and prepayments
-
563
Amounts falling due after more than one year
Other debtors
180,569
180,569
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
85,507
117,045
Obligations under finance leases and hire purchase contracts
151,404
62,914
Trade creditors
46,521
35,831
Taxes and social security
27,006
29,582
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
176,667
200,000
Obligations under finance leases and hire purchase contracts
-
151,405
8
Average number of employees
During the year the average number of employees was 17 (2021: 17).