Two By Two Inns Limited Filleted Accounts Cover
Two By Two Inns Limited
Company No. 06686576
Information for Filing with The Registrar
31 October 2022
Two By Two Inns Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 October 2022.
Principal activities
The principal activity of the company during the year under review was a public house and restaurant.
Directors
The Directors who served at any time during the year were as follows:
H.B.L. Coghlan
A.C. Whitmore
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
A.C. Whitmore
Company Secretary
27 November 2023
Two By Two Inns Limited Balance Sheet Registrar
at
31 October 2022
Company No.
06686576
Notes
2022
2021
£
£
Fixed assets
Tangible assets
5
14,65616,291
14,65616,291
Current assets
Stocks
6
17,20011,400
Debtors
7
55,54544,451
Cash at bank and in hand
34,397148,061
107,142203,912
Creditors: Amount falling due within one year
8
(129,188)
(230,077)
Net current liabilities
(22,046)
(26,165)
Total assets less current liabilities
(7,390)
(9,874)
Creditors: Amounts falling due after more than one year
9
(108,489)
(43,535)
Net liabilities
(115,879)
(53,409)
Capital and reserves
Called up share capital
22
Profit and loss account
11
(115,881)
(53,411)
Total equity
(115,879)
(53,409)
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 October 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 27 November 2023
And signed on its behalf by:
A.C. Whitmore
Director
27 November 2023
Two By Two Inns Limited Notes to the Accounts Registrar
for the year ended 31 October 2022
1
General information
Its registered number is: 06686576
Its registered office is:
The Noah's Ark
The Green
Lurgashall
GU28 9ET
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT.
Tangible fixed assets and depreciation
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.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
20% Reducing balance
Stocks
Stocks are stated at the lower of cost and net realisable value. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
3
Items of income or expenses of exceptional size or incidence
2022
2021
£
£
Income from Covid grants
-114,364
4
Employees
2022
2021
Number
Number
The average monthly number of employees (including directors) during the year was:
2014
5
Tangible fixed assets
Plant and machinery
Total
£
£
Cost or revaluation
At 1 November 2021
170,242170,242
Additions
2,0292,029
At 31 October 2022
172,271172,271
Depreciation
At 1 November 2021
153,951153,951
Charge for the year
3,6643,664
At 31 October 2022
157,615157,615
Net book values
At 31 October 2022
14,65614,656
At 31 October 2021
16,291
16,291
6
Stocks
2022
2021
£
£
Raw materials and consumables
17,20011,400
17,20011,400
7
Debtors
2022
2021
£
£
Corporation tax recoverable
3,661-
Loans to directors
10,848-
Other debtors
41,03644,451
55,54544,451
8
Creditors:
amounts falling due within one year
2022
2021
£
£
Bank loans and overdrafts
22,2599,965
Other loans
-75,000
Trade creditors
39,44733,619
Taxes and social security
55,593
43,902
Loans from directors
-52,011
Other creditors
-2,099
Accruals and deferred income
11,88913,481
129,188230,077
9
Creditors:
amounts falling due after more than one year
2022
2021
£
£
Bank loans and overdrafts
33,48943,535
Other loans
75,000-
108,48943,535
10
Share Capital
Ordinary shares
11
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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