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REGISTERED NUMBER: 10865899 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 July 2023

for

M&M Pepperpot Hospitality Ltd

M&M Pepperpot Hospitality Ltd (Registered number: 10865899)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M&M Pepperpot Hospitality Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTORS: A Mounsey
E Mounsey
K Mounsey





REGISTERED OFFICE: Suite 15 The Enterprise Centre
Coxbridge Business Park
Farnham
Surrey
United Kingdom
GU10 5EH





REGISTERED NUMBER: 10865899 (England and Wales)





ACCOUNTANTS: Gilroy & Brookes Accountants Ltd
Suite 15
The Enterprise Centre
Coxbridge Business Park
Farnham
Surrey
GU10 5EH

M&M Pepperpot Hospitality Ltd (Registered number: 10865899)

Balance Sheet
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 8,000 10,000
Tangible assets 5 78,729 89,547
86,729 99,547

CURRENT ASSETS
Stocks 6 21,509 21,737
Debtors 7 2,177 14,260
Cash at bank and in hand 148,883 132,199
172,569 168,196
CREDITORS
Amounts falling due within one year 8 (147,940 ) (142,332 )
NET CURRENT ASSETS 24,629 25,864
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,358

125,411

CREDITORS
Amounts falling due after more than one year 9 (18,333 ) (29,723 )
NET ASSETS 93,025 95,688

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 92,925 95,588
SHAREHOLDERS' FUNDS 93,025 95,688

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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&M Pepperpot Hospitality Ltd (Registered number: 10865899)

Balance Sheet - continued
31 July 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 1 March 2024 and were signed on its behalf by:





A Mounsey - Director


M&M Pepperpot Hospitality Ltd (Registered number: 10865899)

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

1. STATUTORY INFORMATION

M&M Pepperpot Hospitality Ltd 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.

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 ten 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.
Long leasehold - 16.5% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 33% 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 not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date which are immaterial.

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.

M&M Pepperpot Hospitality Ltd (Registered number: 10865899)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2022 - 34 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 20,000
AMORTISATION
At 1 August 2022 10,000
Amortisation for year 2,000
At 31 July 2023 12,000
NET BOOK VALUE
At 31 July 2023 8,000
At 31 July 2022 10,000

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 August 2022 79,996 4,310 53,319 16,042 153,667
Additions - 116 - - 116
At 31 July 2023 79,996 4,426 53,319 16,042 153,783
DEPRECIATION
At 1 August 2022 23,029 2,295 28,132 10,664 64,120
Charge for year 4,848 533 3,778 1,775 10,934
At 31 July 2023 27,877 2,828 31,910 12,439 75,054
NET BOOK VALUE
At 31 July 2023 52,119 1,598 21,409 3,603 78,729
At 31 July 2022 56,967 2,015 25,187 5,378 89,547

6. STOCKS
2023 2022
£    £   
Bar stock 17,509 17,737
Food stock 4,000 4,000
21,509 21,737

M&M Pepperpot Hospitality Ltd (Registered number: 10865899)

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

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 13,301
Security deposit 15 -
Staff Loans 1,010 850
Prepayments & accrued income 1,152 109
2,177 14,260

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Other loans - 441
Trade creditors 42,237 40,265
Pension 297 345
Tax 17,637 26,944
PAYE/NI liability 6,905 462
VAT 26,881 28,921
Other creditors 327 -
Directors' current accounts 42,818 32,968
Accruals and deferred income 838 1,986
147,940 142,332

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bounce back loan 18,333 29,723

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary shares £1 100 100

11. ULTIMATE CONTROLLING PARTY

The company is under the control of A Mounsey and E Mounsey.