IRIS Accounts Production v23.3.1.45 11923204 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh119232042022-04-30119232042023-04-30119232042022-05-012023-04-30119232042021-04-30119232042021-05-012022-04-30119232042022-04-3011923204ns10:Originalns15:EnglandWales2022-05-012023-04-3011923204ns14:PoundSterlingns10:Original2022-05-012023-04-3011923204ns10:Originalns10:Director12022-05-012023-04-3011923204ns10:Original2022-05-012023-04-3011923204ns10:Original2023-04-3011923204ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3011923204ns10:Originalns10:SmallEntities2022-05-012023-04-3011923204ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3011923204ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3011923204ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3011923204ns10:Originalns10:FullAccounts2022-05-012023-04-3011923204ns10:Originalns10:Director22022-05-012023-04-3011923204ns10:Originalns10:Director32022-05-012023-04-3011923204ns10:CompanySecretary1ns10:Original2022-05-012023-04-3011923204ns10:Originalns10:RegisteredOffice2022-05-012023-04-3011923204ns10:Original2022-04-3011923204ns10:Originalns5:CurrentFinancialInstruments2023-04-3011923204ns10:Originalns5:CurrentFinancialInstruments2022-04-3011923204ns10:Originalns5:Non-currentFinancialInstruments2023-04-3011923204ns10:Originalns5:Non-currentFinancialInstruments2022-04-3011923204ns5:ShareCapitalns10:Original2023-04-3011923204ns5:ShareCapitalns10:Original2022-04-3011923204ns10:Originalns5:SharePremium2023-04-3011923204ns10:Originalns5:SharePremium2022-04-3011923204ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3011923204ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3011923204ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-05-012023-04-3011923204ns10:Originalns5:FurnitureFittings2022-05-012023-04-3011923204ns10:Originalns5:ComputerEquipment2022-05-012023-04-3011923204ns10:Original2021-05-012022-04-3011923204ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-04-3011923204ns10:Originalns5:FurnitureFittings2022-04-3011923204ns10:Originalns5:ComputerEquipment2022-04-3011923204ns10:Original2022-04-3011923204ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2023-04-3011923204ns10:Originalns5:FurnitureFittings2023-04-3011923204ns10:Originalns5:ComputerEquipment2023-04-3011923204ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-04-3011923204ns10:Originalns5:FurnitureFittings2022-04-3011923204ns10:Originalns5:ComputerEquipment2022-04-3011923204ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3011923204ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-3011923204ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-04-3011923204ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-04-3011923204ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-3011923204ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-04-3011923204ns10:Originalns5:WithinOneYear2023-04-3011923204ns10:Originalns5:WithinOneYear2022-04-3011923204ns5:BetweenOneFiveYearsns10:Original2023-04-3011923204ns5:BetweenOneFiveYearsns10:Original2022-04-3011923204ns10:Originalns5:MoreThanFiveYears2023-04-3011923204ns10:Originalns5:MoreThanFiveYears2022-04-3011923204ns10:Originalns5:AllPeriods2023-04-3011923204ns10:Originalns5:AllPeriods2022-04-30
REGISTERED NUMBER: 11923204 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

ALPACA BARS LTD

ALPACA BARS LTD (REGISTERED NUMBER: 11923204)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALPACA BARS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: M S J Heap
L D Owen
N D Pring





SECRETARY: L D Owen





REGISTERED OFFICE: The Alpaca
84-86 Essex Road
London
N1 8LU





REGISTERED NUMBER: 11923204 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

ALPACA BARS LTD (REGISTERED NUMBER: 11923204)

BALANCE SHEET
30 APRIL 2023

30/4/23 30/4/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 159,080 190,755

CURRENT ASSETS
Stocks 22,193 19,803
Debtors 5 81,694 75,108
Cash at bank and in hand 316,170 145,501
420,057 240,412
CREDITORS
Amounts falling due within one year 6 272,147 188,096
NET CURRENT ASSETS 147,910 52,316
TOTAL ASSETS LESS CURRENT
LIABILITIES

306,990

243,071

CREDITORS
Amounts falling due after more than one
year

7

(22,643

)

(32,977

)

PROVISIONS FOR LIABILITIES (33,579 ) (28,991 )
NET ASSETS 250,768 181,103

CAPITAL AND RESERVES
Called up share capital 40 40
Share premium 19,980 19,980
Retained earnings 230,748 161,083
SHAREHOLDERS' FUNDS 250,768 181,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

ALPACA BARS LTD (REGISTERED NUMBER: 11923204)

BALANCE SHEET - continued
30 APRIL 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 Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:





L D Owen - Director


ALPACA BARS LTD (REGISTERED NUMBER: 11923204)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

Alpaca Bars 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 and is mainly derived from bar and kitchen sales, after deducting discounts and value added tax. Turnover is recognised at the point of sale

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - straight line over period of lease
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Tangible fixed assets are stated at historical cost less accumulated depreciation and any impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management

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.

ALPACA BARS LTD (REGISTERED NUMBER: 11923204)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

2. ACCOUNTING POLICIES - continued

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.

Going concern
The directors have a reasonable expectation that the company possesses sufficient resources to continue in operational existence for the foreseeable future. Thus, the going concern policy of accounting has been adopted in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 May 2022 83,889 188,359 19,567 291,815
Additions 9,256 5,954 2,340 17,550
At 30 April 2023 93,145 194,313 21,907 309,365
DEPRECIATION
At 1 May 2022 12,634 79,707 8,719 101,060
Charge for year 5,934 38,910 4,381 49,225
At 30 April 2023 18,568 118,617 13,100 150,285
NET BOOK VALUE
At 30 April 2023 74,577 75,696 8,807 159,080
At 30 April 2022 71,255 108,652 10,848 190,755

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/23 30/4/22
£    £   
Other debtors 61,786 57,766
Directors' current accounts 1,347 1,347
Tax 455 -
Prepayments 18,106 15,995
81,694 75,108

ALPACA BARS LTD (REGISTERED NUMBER: 11923204)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/23 30/4/22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 51,068 45,031
Tax 53,109 8,437
Social security and other taxes 12,999 11,964
VAT 46,648 29,030
Other creditors 48,419 35,677
Accrued expenses 49,904 47,957
272,147 188,096

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/23 30/4/22
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 12,643 22,977
22,643 32,977

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30/4/23 30/4/22
£    £   
Within one year 115,000 115,000
Between one and five years 460,000 460,000
In more than five years 690,000 805,000
1,265,000 1,380,000

9. RELATED PARTY DISCLOSURES

As at 30 April 2023, £1,347 (2022: £1,347) was owed by L Owen, also a director of the Company.

During the year the company incurred Management Charges of £20,000 (2022: £16,667) from Urban Pubs & Bars Limited, a company under common control.