Registered number
08405934
Bricknell Taverns Limited
Report and Unaudited Accounts
28 February 2023
Collins
Chartered Accountants
West Midlands
Bricknell Taverns Limited
Registered number: 08405934
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £ £ £
Fixed assets
Tangible assets 3 12,138 12,775
Current assets
Stocks 6,594 4,500
Debtors 4 12,058 -
Cash at bank and in hand 29,564 65,803
48,216 70,303
Creditors: amounts falling due within one year 5 (20,821) (40,208)
Net current assets 27,395 30,095
Total assets less current liabilities 39,533 42,870
Creditors: amounts falling due after more than one year 6 (34,800) (40,277)
Net assets 4,733 2,593
Capital and reserves
Called up share capital 1 1
Profit and loss account 4,732 2,592
Shareholder's funds 4,733 2,593
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P Bricknell
Director
Approved by the board on 24 August 2023
Bricknell Taverns Limited
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 (as applicable to small companies), The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the sale of goods and is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures & Fittings 10% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2022 24,066
Additions 798
At 28 February 2023 24,864
Depreciation
At 1 March 2022 11,291
Charge for the year 1,435
At 28 February 2023 12,726
Net book value
At 28 February 2023 12,138
At 28 February 2022 12,775
4 Debtors 2023 2022
£ £
Trade debtors 586 -
Prepayments and accrued income 11,472 -
12,058 -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans 5,556 5,556
Trade creditors 2,458 5,395
Corporation tax 3,123 -
Other taxes and social security costs 4,092 2,959
Directors loans 168 21,939
Accruals and deferred income 5,424 4,359
20,821 40,208
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 34,800 40,277
7 Other information
Bricknell Taverns Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Lodge,Castle Bromwich Hall,
Chester Road,
Castle Bromwich
West Midlands
B36 9DE
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