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REGISTERED NUMBER: 08403835 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

The Salthouse Pub Company Ltd

The Salthouse Pub Company Ltd (Registered number: 08403835)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Salthouse Pub Company Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: N A Muir





REGISTERED OFFICE: 16 Newton Street
Manchester
M1 2AE





REGISTERED NUMBER: 08403835 (England and Wales)






The Salthouse Pub Company Ltd (Registered number: 08403835)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,304 76,305

CURRENT ASSETS
Stocks 10,256 12,800
Debtors 5 251,468 311,247
Cash at bank and in hand 34,792 152,941
296,516 476,988
CREDITORS
Amounts falling due within one year 6 357,718 365,988
NET CURRENT (LIABILITIES)/ASSETS (61,202 ) 111,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

(898

)

187,305

CREDITORS
Amounts falling due after more than one
year

7

(38,728

)

(63,748

)

PROVISIONS FOR LIABILITIES (11,458 ) (14,498 )
NET (LIABILITIES)/ASSETS (51,084 ) 109,059

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (51,086 ) 109,057
SHAREHOLDERS' FUNDS (51,084 ) 109,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

The Salthouse Pub Company Ltd (Registered number: 08403835)

Balance Sheet - continued
28 February 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2023 and were signed by:





N A Muir - Director


The Salthouse Pub Company Ltd (Registered number: 08403835)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

The Salthouse Pub Company Ltd 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.

2. ACCOUNTING POLICIES

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 25% on cost

Stocks
Stocks 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.

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
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 26 (2022 - 25 ) .

The Salthouse Pub Company Ltd (Registered number: 08403835)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2022 92,542 173,346 5,655 271,543
Additions 841 - - 841
At 28 February 2023 93,383 173,346 5,655 272,384
DEPRECIATION
At 1 March 2022 69,534 121,462 4,242 195,238
Charge for year 5,962 10,376 504 16,842
At 28 February 2023 75,496 131,838 4,746 212,080
NET BOOK VALUE
At 28 February 2023 17,887 41,508 909 60,304
At 28 February 2022 23,008 51,884 1,413 76,305

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors - 4,800
Other debtors 251,468 306,447
251,468 311,247

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 10,000 9,960
Trade creditors 124,669 135,112
Taxation and social security 162,630 170,776
Other creditors 60,419 50,140
357,718 365,988

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 22,500 32,540
Other creditors 16,228 31,208
38,728 63,748

The Salthouse Pub Company Ltd (Registered number: 08403835)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
N A Muir
Balance outstanding at start of year 181,663 181,663
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 181,663 181,663

Interest at the official rate has been charged on the outstanding balance.

9. RELATED PARTY DISCLOSURES

Included in the current liabilities under other creditors is an amount of £41,146.69 due to associated company Blossom Street Bars Ltd.

During the year £68,355 inter company loan was written off.