Company Registration No. 07283985 (England and Wales)
Costello's Bar Ltd
Annual accounts
for the year ended 30 June 2023
Costello's Bar Ltd
Annual accounts
Contents
Costello's Bar Ltd
Company Information
for the year ended 30 June 2023
Directors
A J Costello
J A Costello
Company Number
07283985 (England and Wales)
Registered Office
Unit 3, 23 Walton Road
Stockton Heath
Warrington
Cheshire
WA4 6NJ
United Kingdom
Accountants
CMT Accounting
133 Hillock Lane
Woolston
Warrington
Cheshire
WA1 4PJ
Costello's Bar Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
208,471
195,580
Cash at bank and in hand
51,544
82,555
Creditors: amounts falling due within one year
(51,725)
(20,516)
Net current assets
17,688
81,229
Total assets less current liabilities
226,159
276,809
Creditors: amounts falling due after more than one year
(186,667)
(211,667)
Called up share capital
1,000
1,000
Profit and loss account
38,492
64,142
Shareholders' funds
39,492
65,142
For the year ending 30 June 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 29 March 2024 and were signed on its behalf by
A J Costello
Director
Company Registration No. 07283985
Costello's Bar Ltd
Notes to the Accounts
for the year ended 30 June 2023
Costello's Bar Ltd is a private company, limited by shares, registered in England and Wales, registration number 07283985. The registered office is Unit 3, 23 Walton Road, Stockton Heath, Warrington, Cheshire, WA4 6NJ, United Kingdom.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
25% reducing balance method
Fixtures & fittings
25% reducing balance method
Computer equipment
25% reducing balance method
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
43,843
220,742
22,329
286,914
Additions
2,353
58,299
4,358
65,010
At 30 June 2023
46,196
279,041
26,687
351,924
At 1 July 2022
12,322
71,258
7,754
91,334
Charge for the year
6,775
41,557
3,787
52,119
At 30 June 2023
19,097
112,815
11,541
143,453
At 30 June 2023
27,099
166,226
15,146
208,471
At 30 June 2022
31,521
149,484
14,575
195,580
Amounts falling due within one year
Costello's Bar Ltd
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
40,834
1,795
Taxes and social security
2,950
9,736
7
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
155,000
170,000
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Average number of employees
During the year the average number of employees was 20 (2022: 16).