IRIS Accounts Production v23.4.0.336 11005463 Board of Directors Board of Directors 1.7.22 30.6.23 30.6.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110054632022-06-30110054632023-06-30110054632022-07-012023-06-30110054632021-06-30110054632021-07-012022-06-30110054632022-06-3011005463ns15:EnglandWales2022-07-012023-06-3011005463ns14:PoundSterling2022-07-012023-06-3011005463ns10:Director12022-07-012023-06-3011005463ns10:Director22022-07-012023-06-3011005463ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3011005463ns10:SmallEntities2022-07-012023-06-3011005463ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3011005463ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3011005463ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3011005463ns10:FullAccounts2022-07-012023-06-301100546312022-07-012023-06-3011005463ns10:RegisteredOffice2022-07-012023-06-3011005463ns5:CurrentFinancialInstruments2023-06-3011005463ns5:CurrentFinancialInstruments2022-06-3011005463ns5:ShareCapital2023-06-3011005463ns5:ShareCapital2022-06-3011005463ns5:RetainedEarningsAccumulatedLosses2023-06-3011005463ns5:RetainedEarningsAccumulatedLosses2022-06-3011005463ns5:NetGoodwill2022-07-012023-06-3011005463ns5:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3011005463ns5:PlantMachinery2022-07-012023-06-3011005463ns5:NetGoodwill2022-06-3011005463ns5:NetGoodwill2023-06-3011005463ns5:NetGoodwill2022-06-3011005463ns5:PlantMachinery2022-06-3011005463ns5:PlantMachinery2023-06-3011005463ns5:PlantMachinery2022-06-3011005463ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3011005463ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: 11005463 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

M & D Publicans Limited

M & D Publicans Limited (Registered number: 11005463)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M & D Publicans Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: Michael Steven Hardy
Debra Hardy





REGISTERED OFFICE: 12 Acorn Business Park
Northarbour Road
Portsmouth
Hampshire
PO6 3TH





REGISTERED NUMBER: 11005463 (England and Wales)





ACCOUNTANTS: Hughes Spencer
12 Acorn Business Park
Northarbour Road
Portsmouth
Hampshire
PO6 3TH

M & D Publicans Limited (Registered number: 11005463)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 31,740 23,927
31,740 23,927

CURRENT ASSETS
Stocks 23,780 18,654
Debtors 6 7,536 7,737
Cash at bank and in hand 135,120 158,924
166,436 185,315
CREDITORS
Amounts falling due within one year 7 190,769 204,182
NET CURRENT LIABILITIES (24,333 ) (18,867 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,407

5,060

PROVISIONS FOR LIABILITIES 5,475 4,089
NET ASSETS 1,932 971

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,832 871
SHAREHOLDERS' FUNDS 1,932 971

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

M & D Publicans Limited (Registered number: 11005463)

Balance Sheet - continued
30 June 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2024 and were signed on its behalf by:




Michael Steven Hardy - Director



Debra Hardy - Director


M & D Publicans Limited (Registered number: 11005463)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

M & D Publicans Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

M & D Publicans Limited (Registered number: 11005463)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2022 - 23 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 93,320
AMORTISATION
At 1 July 2022
and 30 June 2023 93,320
NET BOOK VALUE
At 30 June 2023 -
At 30 June 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 71,430
Additions 17,406
At 30 June 2023 88,836
DEPRECIATION
At 1 July 2022 47,503
Charge for year 9,593
At 30 June 2023 57,096
NET BOOK VALUE
At 30 June 2023 31,740
At 30 June 2022 23,927

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 7,536 7,737

M & D Publicans Limited (Registered number: 11005463)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 37,249 17,792
Amounts owed to group undertakings 70,000 130,339
Taxation and social security 67,240 45,020
Other creditors 16,280 11,031
190,769 204,182