The White Hart Public House Ltd 14159284 false 2022-06-08 2023-06-30 2023-06-30 The principal activity of the company is is that of a public house Digita Accounts Production Advanced 6.30.9574.0 true true 14159284 2022-06-08 2023-06-30 14159284 2023-06-30 14159284 bus:Revised 2023-06-30 14159284 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14159284 core:FurnitureFittingsToolsEquipment 2023-06-30 14159284 core:OtherPropertyPlantEquipment 2023-06-30 14159284 bus:SmallEntities 2022-06-08 2023-06-30 14159284 bus:AuditExemptWithAccountantsReport 2022-06-08 2023-06-30 14159284 bus:FullAccounts 2022-06-08 2023-06-30 14159284 bus:SmallCompaniesRegimeForAccounts 2022-06-08 2023-06-30 14159284 bus:RegisteredOffice 2022-06-08 2023-06-30 14159284 bus:Director1 2022-06-08 2023-06-30 14159284 bus:Director2 2022-06-08 2023-06-30 14159284 bus:PrivateLimitedCompanyLtd 2022-06-08 2023-06-30 14159284 core:FurnitureFittingsToolsEquipment 2022-06-08 2023-06-30 14159284 core:OtherPropertyPlantEquipment 2022-06-08 2023-06-30 14159284 countries:England 2022-06-08 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 14159284

The White Hart Public House Ltd

trading as The White Hart

Unaudited Filleted Financial Statements

for the Period from 8 June 2022 to 30 June 2023

 

The White Hart Public House Ltd

trading as The White Hart

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

The White Hart Public House Ltd

trading as The White Hart

Company Information

Directors

Mr J M Dent

Mrs C L D Dent

Registered office

Suite 1A Hunter House
150 Hutton Road
Shenfield
Essex
CM15 8NL

Accountants

The Pub Experts Ltd
1st Floor
143 Connaught Avenue
Frinton-On-Sea
Essex
CO13 9AB

 

The White Hart Public House Ltd

trading as The White Hart

(Registration number: 14159284)
Balance Sheet as at 30 June 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

23,377

Current assets

 

Stocks

5

13,122

Cash at bank and in hand

 

60,346

 

73,468

Creditors: Amounts falling due within one year

6

(139,093)

Net current liabilities

 

(65,625)

Net liabilities

 

(42,248)

Capital and reserves

 

Called up share capital

100

Retained earnings

(42,348)

Shareholders' deficit

 

(42,248)

For the financial period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

The White Hart Public House Ltd

trading as The White Hart

(Registration number: 14159284)
Balance Sheet as at 30 June 2023

Approved and authorised by the Board on 14 February 2024 and signed on its behalf by:
 

.........................................
Mr J M Dent
Director

.........................................
Mrs C L D Dent
Director

 

The White Hart Public House Ltd

trading as The White Hart

Notes to the Unaudited Financial Statements for the Period from 8 June 2022 to 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Suite 1A Hunter House
150 Hutton Road
Shenfield
Essex
CM15 8NL
United Kingdom

These financial statements were authorised for issue by the Board on 14 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the shareholders that they will continue to give financial support to the company for twelve months from the date of signing these accounts.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above may not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

 

The White Hart Public House Ltd

trading as The White Hart

Notes to the Unaudited Financial Statements for the Period from 8 June 2022 to 30 June 2023

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

The White Hart Public House Ltd

trading as The White Hart

Notes to the Unaudited Financial Statements for the Period from 8 June 2022 to 30 June 2023

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

 

The White Hart Public House Ltd

trading as The White Hart

Notes to the Unaudited Financial Statements for the Period from 8 June 2022 to 30 June 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

Additions

8,013

18,852

26,865

At 30 June 2023

8,013

18,852

26,865

Depreciation

Charge for the period

1,603

1,885

3,488

At 30 June 2023

1,603

1,885

3,488

Carrying amount

At 30 June 2023

6,410

16,967

23,377

5

Stocks

2023
£

Other inventories

13,122

6

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Trade creditors

69,457

Taxation and social security

26,148

Other creditors

43,488

139,093