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REGISTERED NUMBER: SC565672 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

St Vincent Bar Scotland Limited

St Vincent Bar Scotland Limited (Registered number: SC565672)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


St Vincent Bar Scotland Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: C Grierson
J Anderson





REGISTERED OFFICE: 14 Rutland Square
Edinburgh
Midlothian
EH1 2BD





REGISTERED NUMBER: SC565672 (Scotland)





ACCOUNTANTS: Gibson McKerrell Brown LLP
Chartered Accountants
14 Rutland Square
Edinburgh
Midlothian
EH1 2BD

St Vincent Bar Scotland Limited (Registered number: SC565672)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Debtors 4 71,646 38,215
Cash at bank and in hand 9,541 6,281
81,187 44,496
CREDITORS
Amounts falling due within one year 5 84,180 79,951
NET CURRENT LIABILITIES (2,993 ) (35,455 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,993

)

(35,455

)

CREDITORS
Amounts falling due after more than one
year

6

24,775

26,328
NET LIABILITIES (27,768 ) (61,783 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (27,868 ) (61,883 )
(27,768 ) (61,783 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 28 March 2024 and were signed on its behalf by:





J Anderson - Director


St Vincent Bar Scotland Limited (Registered number: SC565672)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

St Vincent Bar Scotland Limited is a private company, limited by shares , registered in Scotland. 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2022 - 6 ) .

4. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Other debtors 2,831 -

Amounts falling due after more than one year:
Other debtors 68,815 38,215

Aggregate amounts 71,646 38,215

St Vincent Bar Scotland Limited (Registered number: SC565672)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 6,626 10,048
Trade creditors 6,924 26,333
Taxation and social security 44,020 31,001
Other creditors 26,610 12,569
84,180 79,951

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 24,775 26,328

7. RELATED PARTY DISCLOSURES

Included within other debtors is a balance due from Nightcap Scotland LTD., a company under common control, of £35,515 (2022: £36,215). The loan is unsecured and interest free with no set repayment terms.

Included within other debtors is a balance due from York Place Property Company Limited, a company under common control, of £31,950. The loan is unsecured and interest free with no set repayment terms.

During the year the company paid consultancy fees to York Place Property Limited, a company under common control, of £234,056 (2022 - £26,413).