Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-312true2021-10-01falseThe principal activity of the company continued to be that of management of bars, hotels and similar accommodations.2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10050277 2021-10-01 2023-03-31 10050277 2020-10-01 2021-09-30 10050277 2023-03-31 10050277 2021-09-30 10050277 c:Director1 2021-10-01 2023-03-31 10050277 d:Buildings d:LongLeaseholdAssets 2021-10-01 2023-03-31 10050277 d:Buildings d:LongLeaseholdAssets 2023-03-31 10050277 d:Buildings d:LongLeaseholdAssets 2021-09-30 10050277 d:FurnitureFittings 2021-10-01 2023-03-31 10050277 d:FurnitureFittings 2023-03-31 10050277 d:FurnitureFittings 2021-09-30 10050277 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-10-01 2023-03-31 10050277 d:ComputerEquipment 2021-10-01 2023-03-31 10050277 d:ComputerEquipment 2023-03-31 10050277 d:ComputerEquipment 2021-09-30 10050277 d:ComputerEquipment d:OwnedOrFreeholdAssets 2021-10-01 2023-03-31 10050277 d:OwnedOrFreeholdAssets 2021-10-01 2023-03-31 10050277 d:CurrentFinancialInstruments 2023-03-31 10050277 d:CurrentFinancialInstruments 2021-09-30 10050277 d:Non-currentFinancialInstruments 2023-03-31 10050277 d:Non-currentFinancialInstruments 2021-09-30 10050277 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10050277 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 10050277 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 10050277 d:Non-currentFinancialInstruments d:AfterOneYear 2021-09-30 10050277 d:ShareCapital 2023-03-31 10050277 d:ShareCapital 2021-09-30 10050277 d:RetainedEarningsAccumulatedLosses 2023-03-31 10050277 d:RetainedEarningsAccumulatedLosses 2021-09-30 10050277 c:OrdinaryShareClass1 2021-10-01 2023-03-31 10050277 c:OrdinaryShareClass1 2023-03-31 10050277 c:OrdinaryShareClass1 2021-09-30 10050277 c:FRS102 2021-10-01 2023-03-31 10050277 c:AuditExempt-NoAccountantsReport 2021-10-01 2023-03-31 10050277 c:FullAccounts 2021-10-01 2023-03-31 10050277 c:PrivateLimitedCompanyLtd 2021-10-01 2023-03-31 10050277 e:PoundSterling 2021-10-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10050277












PUB AND ROOMS LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2023

 
PUB AND ROOMS LIMITED
REGISTERED NUMBER:10050277

BALANCE SHEET
AS AT 31 MARCH 2023

31 March
30 September
2023
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,008,079
32,342

  
1,008,079
32,342

Current assets
  

Debtors: amounts falling due within one year
 5 
35,265
36,407

Cash at bank
 6 
40,867
3,309

  
76,132
39,716

Creditors: amounts falling due within one year
 7 
(1,409,181)
(82,086)

Net current liabilities
  
 
 
(1,333,049)
 
 
(42,370)

Total assets less current liabilities
  
(324,970)
(10,028)

Creditors: amounts falling due after more than one year
 8 
(498)
-

Provisions for liabilities
  

Deferred tax
  
-
2,687

  
 
 
-
 
 
2,687

Net liabilities
  
(325,468)
(7,341)


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
(325,568)
(7,441)

  
(325,468)
(7,341)


Page 1

 
PUB AND ROOMS LIMITED
REGISTERED NUMBER:10050277
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question 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 financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M H Tillman
Director

Date: 9 February 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
PUB AND ROOMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

Pub and Rooms Limited is a private company, limited by shares, registered in England and Wales, registration number 10050277. The registered office address is 18 Bristol Gardens, London, W9 2JQ.

The principal activity of the company continued to be that of management of bars, hotels and similar accommodations.
On 20 June 2023, the accounting reference date of the company was extended from 30 September 2022 to 31 March 2023. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

  
2.2

Functional and presentational currency

The company's functional and presentational currency is pound sterling.
 
 
2.3

Going concern

On the basis of information and enquiries that are pertinent to the company’s circumstances and which the directors believe to be adequate, it is appropriate to continue to treat the company as a going concern. In particular the directors believe that adequate cash resources will be available to cover the company’s requirements for working capital for at least twelve months from the date of signing the financial statements.

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Turnover from rental income is recognised at the rental due date.
 
 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

Page 3

 
PUB AND ROOMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated 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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
5%
straight-line
Fixtures and fittings
-
20%
straight-line
Computer equipment
-
20%
straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.9

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Page 4

 
PUB AND ROOMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.10

 Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

 Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, trade and other creditors, and loans with related parties.


3.


Employees




The average monthly number of employees, including directors, during the period was 2 (2021 - 2).


4.


Tangible fixed assets







Long-term leasehold property
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost


At 1 October 2021
32,477
-
-
32,477


Additions
467,690
631,630
6,351
1,105,671



At 31 March 2023

500,167
631,630
6,351
1,138,148



Depreciation


At 1 October 2021
135
-
-
135


Charge for the period
21,558
107,494
882
129,934



At 31 March 2023

21,693
107,494
882
130,069



Net book value



At 31 March 2023
478,474
524,136
5,469
1,008,079



At 30 September 2021
32,342
-
-
32,342

Page 5

 
PUB AND ROOMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

5.


Debtors

31 March
30 September
2023
2021
£
£


Other debtors
35,165
35,553

Called up share capital not paid
100
100

Prepayments
-
754

35,265
36,407



6.


Cash

31 March
30 September
2023
2021
£
£

Cash at bank
40,867
3,309



7.


Creditors: amounts falling due within one year

31 March
30 September
2023
2021
£
£

Trade creditors
41,940
900

Amounts owed to connected entities
1,164,614
80,436

Obligations under hire purchase contracts
1,993
-

Accruals
200,634
750

1,409,181
82,086


HSBC Bank PLC holds floating and fixed charge which contains a negative pledge over the assets of the company in respect of all the amounts due from the company.
 

8.


Creditors: amounts falling due after more than one year

31 March
30 September
2023
2021
£
£

Obligations under hire purchase contracts
498
-


Page 6

 
PUB AND ROOMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

9.


Share capital

31 March
30 September
2023
2021
£
£
Allotted, called up and unpaid



100 (2021 - 100) Ordinary shares of £1.00 each
100
100

Each share has full rights in the company with respect to voting, dividend and distributions.


10.


Commitments under operating leases

At 31 March 2023, the company had future minimum lease payments due under non-cancellable operating leases of £3,192,547 (2021 - £NIL).



11.Finance lease commitments

At 31 March 2023, the company had future minimum lease payments under non-cancellable finance leases of £2,491.


12.Directors' personal guarantees

The directors are guarantors of the lease between the landlord, EI Group Limited and the tenant, Pub and Rooms Limited.


13.


Controlling party

The company is under the control of M H Tillman, the director and a majority shareholder of the company.

 
Page 7