THE BLACK BULL (NORTH EAST) LIMITED

Company Registration Number:
05037378 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

THE BLACK BULL (NORTH EAST) LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

THE BLACK BULL (NORTH EAST) LIMITED

Balance sheet

As at 31 August 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 605,305 628,795
Total fixed assets: 605,305 628,795
Current assets
Stocks: 8,907 8,304
Debtors:   6,970 14,830
Cash at bank and in hand: 276,238 127,520
Total current assets: 292,115 150,654
Creditors: amounts falling due within one year:   (126,228) (73,735)
Net current assets (liabilities): 165,887 76,919
Total assets less current liabilities: 771,192 705,714
Total net assets (liabilities): 771,192 705,714
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 770,192 704,714
Shareholders funds: 771,192 705,714

The notes form part of these financial statements

THE BLACK BULL (NORTH EAST) LIMITED

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2023
and signed on behalf of the board by:

Name: P Bowes
Status: Director

The notes form part of these financial statements

THE BLACK BULL (NORTH EAST) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:Plant and machinery - 15% straight lineFittings fixtures and equipment - 15% straight lineMotor vehicles - 25% straight line

Other accounting policies

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

THE BLACK BULL (NORTH EAST) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

THE BLACK BULL (NORTH EAST) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible Assets

Total
Cost £
At 01 September 2022 643,864
Additions 3,181
Disposals (7,750)
At 31 August 2023 639,295
Depreciation
At 01 September 2022 15,069
Charge for year 26,671
On disposals (7,750)
At 31 August 2023 33,990
Net book value
At 31 August 2023 605,305
At 31 August 2022 628,795