Leeds Taverns Ltd 10071656 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is the operation of public houses. Digita Accounts Production Advanced 6.30.9574.0 true true 10071656 2022-04-01 2023-03-31 10071656 2023-03-31 10071656 core:RetainedEarningsAccumulatedLosses 2023-03-31 10071656 core:ShareCapital 2023-03-31 10071656 core:CurrentFinancialInstruments 2023-03-31 10071656 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 10071656 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 10071656 core:FurnitureFittingsToolsEquipment 2023-03-31 10071656 core:MotorVehicles 2023-03-31 10071656 bus:SmallEntities 2022-04-01 2023-03-31 10071656 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 10071656 bus:FullAccounts 2022-04-01 2023-03-31 10071656 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 10071656 bus:RegisteredOffice 2022-04-01 2023-03-31 10071656 bus:Director1 2022-04-01 2023-03-31 10071656 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10071656 core:FurnitureFittings 2022-04-01 2023-03-31 10071656 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 10071656 core:MotorVehicles 2022-04-01 2023-03-31 10071656 countries:EnglandWales 2022-04-01 2023-03-31 10071656 2022-03-31 10071656 core:FurnitureFittingsToolsEquipment 2022-03-31 10071656 core:MotorVehicles 2022-03-31 10071656 2021-04-01 2022-03-31 10071656 2022-03-31 10071656 core:RetainedEarningsAccumulatedLosses 2022-03-31 10071656 core:ShareCapital 2022-03-31 10071656 core:CurrentFinancialInstruments 2022-03-31 10071656 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 10071656 core:Non-currentFinancialInstruments core:AfterOneYear 2022-03-31 10071656 core:FurnitureFittingsToolsEquipment 2022-03-31 10071656 core:MotorVehicles 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 10071656

Leeds Taverns Ltd

Annual Report and Unaudited Financial Statements

For The Year Ended 31 March 2023

 

Leeds Taverns Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Leeds Taverns Ltd

(Registration number: 10071656)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

           

Fixed assets

   

 

Tangible assets

4

 

147,192

 

5,388

Current assets

   

 

Stocks

6,024

 

3,344

 

Debtors

5

19,198

 

70,072

 

Cash at bank and in hand

 

43,802

 

29,110

 

 

69,024

 

102,526

 

Creditors: Amounts falling due within one year

6

(244,651)

 

(100,367)

 

Net current (liabilities)/assets

   

(175,627)

 

2,159

Total assets less current liabilities

   

(28,435)

 

7,547

Creditors: Amounts falling due after more than one year

6

 

(21,667)

 

(31,667)

Net liabilities

   

(50,102)

 

(24,120)

Capital and reserves

   

 

Called up share capital

101

 

101

 

Profit and loss account

(50,203)

 

(24,221)

 

Total equity

   

(50,102)

 

(24,120)

 

Leeds Taverns Ltd

(Registration number: 10071656)
Balance Sheet as at 31 March 2023

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 25 October 2023
 

.........................................
Mrs H.L. Firth
Director

 

Leeds Taverns Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 11, Fusion Court
Aberford Road
Garforth
Leeds
LS25 2GH

These financial statements were authorised for issue by the director on 25 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the company.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

 

Leeds Taverns Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

20% on cost

Motor vehicles

25% reducing balance

Stocks

Stocks are stated at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Leeds Taverns Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2023

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 32 (2022 - 17).

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2022

6,862

-

6,862

Additions

15,396

216,480

231,876

Disposals

-

(84,990)

(84,990)

At 31 March 2023

22,258

131,490

153,748

Depreciation

At 1 April 2022

1,474

-

1,474

Charge for the year

4,450

632

5,082

At 31 March 2023

5,924

632

6,556

Carrying amount

At 31 March 2023

16,334

130,858

147,192

At 31 March 2022

5,388

-

5,388

5

Debtors

Debtors: amounts falling due within one year

2023
£

2022
£

Other debtors

19,198

70,072

 

19,198

70,072

The company is related to Bluepig Holdings Limited by virtue of the common shareholding of Mrs H.L. Firth and Mr R. Firth.

Other debtors include a loan to Bluepig Holdings Limited in the amount of £nil (2022 £70,072). The loan is interest free, unsecured, and repayable on demand.

 

Leeds Taverns Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2023

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Loans and borrowings

10,000

10,000

Trade creditors

60,553

56,368

Taxation and social security

23,301

21,757

Other creditors

150,797

12,242

244,651

100,367

Due after one year

Loans and borrowings

21,667

31,667