Company Registration No. 11673302 (England and Wales)
Plush @ The Union Bar Ltd
Unaudited accounts
for the year ended 31 January 2024
Plush @ The Union Bar Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
27,489
31,542
Cash at bank and in hand
105,963
89,476
Creditors: amounts falling due within one year
(88,381)
(117,828)
Net current assets/(liabilities)
38,985
(3,945)
Called up share capital
4
4
Profit and loss account
66,470
27,593
Shareholders' funds
66,474
27,597
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 March 2024 and were signed on its behalf by
Ricky Harrison
Director
Company Registration No. 11673302
Plush @ The Union Bar Ltd
Notes to the Accounts
for the year ended 31 January 2024
Plush @ The Union Bar Ltd is a private company, limited by shares, registered in England and Wales, registration number 11673302. The registered office is PLUSH OXFORD, FREWIN COURT, OXFORD, OXFORDSHIRE, OX1 3HZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
25% reducing balance
Plush @ The Union Bar Ltd
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
24,866
19,706
7,642
52,214
Additions
216
674
2,804
3,694
Revaluations
(4,492)
-
-
(4,492)
At 31 January 2024
20,590
20,380
10,264
51,234
At 1 February 2023
11,684
4,959
4,029
20,672
Charge for the year
2,429
2,964
1,280
6,673
On disposals
(3,348)
302
(554)
(3,600)
At 31 January 2024
10,765
8,225
4,755
23,745
At 31 January 2024
9,825
12,155
5,509
27,489
At 31 January 2023
13,182
14,747
3,613
31,542
Amounts falling due within one year
Accrued income and prepayments
9,389
9,389
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
31,500
38,516
Taxes and social security
15,679
20,219
Other creditors
8,692
15,058
7
Average number of employees
During the year the average number of employees was 24 (2023: 35).