CHEERS BAR AND BISTRO LIMITED

Company Registration Number:
12756400 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

CHEERS BAR AND BISTRO LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CHEERS BAR AND BISTRO LIMITED

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal activities of the company

The principal activities of the company are Public Bar and Bistro/Restaurant.

Additional information

Due to the on-going difficult economic environment, trading has been difficult for this period. A regular Customer base is building and the reputation of the venue is growing stronger. However, the Director continues to provide financial support to the company.



Directors

The director shown below has held office during the whole of the period from
1 August 2022 to 31 July 2023

Mr Michael Joseph Kavanagh


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 March 2024

And signed on behalf of the board by:
Name: Mr Michael Joseph Kavanagh
Status: Director

CHEERS BAR AND BISTRO LIMITED

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 181,500 97,832
Cost of sales: ( 69,222 ) ( 45,133 )
Gross profit(or loss): 112,278 52,699
Administrative expenses: ( 112,369 ) ( 74,546 )
Other operating income: 2,667
Operating profit(or loss): (91) (19,180)
Profit(or loss) before tax: (91) (19,180)
Profit(or loss) for the financial year: (91) (19,180)

CHEERS BAR AND BISTRO LIMITED

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 20,191 19,014
Total fixed assets: 20,191 19,014
Current assets
Stocks: 4 2,946 2,875
Debtors: 5 7,640 7,409
Cash at bank and in hand: 2,072 3,066
Total current assets: 12,658 13,350
Creditors: amounts falling due within one year: 6 ( 101,706 ) ( 101,184 )
Net current assets (liabilities): (89,048) (87,834)
Total assets less current liabilities: (68,857) ( 68,820)
Total net assets (liabilities): (68,857) (68,820)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (68,858 ) (68,821 )
Total Shareholders' funds: ( 68,857 ) (68,820)

The notes form part of these financial statements

CHEERS BAR AND BISTRO LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 4 April 2024
and signed on behalf of the board by:

Name: Mr Michael Joseph Kavanagh
Status: Director

The notes form part of these financial statements

CHEERS BAR AND BISTRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CHEERS BAR AND BISTRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 4

CHEERS BAR AND BISTRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 13,000 2,637 5,648 21,285
Additions 3,450 3,450
Disposals
Revaluations
Transfers
At 31 July 2023 13,000 6,087 5,648 24,735
Depreciation
At 1 August 2022 965 1,306 2,271
Charge for year 913 1,360 2,273
On disposals
Other adjustments
At 31 July 2023 1,878 2,666 4,544
Net book value
At 31 July 2023 13,000 4,209 2,982 20,191
At 31 July 2022 13,000 1,672 4,342 19,014

CHEERS BAR AND BISTRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Stocks

2023 2022
£ £
Stocks 2,946 2,875
Total 2,946 2,875

CHEERS BAR AND BISTRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors

2023 2022
£ £
Prepayments and accrued income 7,640 7,409
Total 7,640 7,409

CHEERS BAR AND BISTRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 1,132 1,110
Accruals and deferred income 1,810 1,680
Other creditors 98,764 98,394
Total 101,706 101,184