Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-312The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.managing pubs, restaurants, hotels and similar accommodations2021-10-01false2truetrue 10653351 2021-10-01 2023-03-31 10653351 2020-10-01 2021-09-30 10653351 2023-03-31 10653351 2021-09-30 10653351 c:Director1 2021-10-01 2023-03-31 10653351 d:Buildings d:ShortLeaseholdAssets 2021-10-01 2023-03-31 10653351 d:Buildings d:ShortLeaseholdAssets 2023-03-31 10653351 d:Buildings d:ShortLeaseholdAssets 2021-09-30 10653351 d:FurnitureFittings 2021-10-01 2023-03-31 10653351 d:FurnitureFittings 2023-03-31 10653351 d:FurnitureFittings 2021-09-30 10653351 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-10-01 2023-03-31 10653351 d:ComputerEquipment 2021-10-01 2023-03-31 10653351 d:ComputerEquipment 2023-03-31 10653351 d:ComputerEquipment 2021-09-30 10653351 d:ComputerEquipment d:OwnedOrFreeholdAssets 2021-10-01 2023-03-31 10653351 d:OwnedOrFreeholdAssets 2021-10-01 2023-03-31 10653351 d:Goodwill 2021-10-01 2023-03-31 10653351 d:Goodwill 2023-03-31 10653351 d:Goodwill 2021-09-30 10653351 d:CurrentFinancialInstruments 2023-03-31 10653351 d:CurrentFinancialInstruments 2021-09-30 10653351 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10653351 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 10653351 d:ShareCapital 2023-03-31 10653351 d:ShareCapital 2021-09-30 10653351 d:RetainedEarningsAccumulatedLosses 2023-03-31 10653351 d:RetainedEarningsAccumulatedLosses 2021-09-30 10653351 c:OrdinaryShareClass1 2021-10-01 2023-03-31 10653351 c:OrdinaryShareClass1 2023-03-31 10653351 c:OrdinaryShareClass1 2021-09-30 10653351 c:FRS102 2021-10-01 2023-03-31 10653351 c:AuditExempt-NoAccountantsReport 2021-10-01 2023-03-31 10653351 c:FullAccounts 2021-10-01 2023-03-31 10653351 c:PrivateLimitedCompanyLtd 2021-10-01 2023-03-31 10653351 d:Goodwill d:OwnedIntangibleAssets 2021-10-01 2023-03-31 10653351 e:PoundSterling 2021-10-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10653351














NOTTING HILL PUB AND ROOMS (LB) LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2023

 
NOTTING HILL PUB AND ROOMS (LB) LIMITED
REGISTERED NUMBER:10653351

BALANCE SHEET
AS AT 31 MARCH 2023

31 March
30 September
2023
2021
Note
£
£

Fixed assets
  

Intangible assets
 4 
10,659
11,439

Tangible assets
 5 
596,432
800,494

  
607,091
811,933

Current assets
  

Debtors: amounts falling due within one year
 6 
46,013
10,300

Cash at bank
 7 
506
1,634

  
46,519
11,934

Creditors: amounts falling due within one year
 8 
(943,751)
(1,017,939)

Net current liabilities
  
 
 
(897,232)
 
 
(1,006,005)

Total assets less current liabilities
  
(290,141)
(194,072)

Provisions for liabilities
  

Deferred tax
  
(72,002)
(98,745)

  
 
 
(72,002)
 
 
(98,745)

Net liabilities
  
(362,143)
(292,817)


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
(362,243)
(292,917)

  
(362,143)
(292,817)


Page 1

 
NOTTING HILL PUB AND ROOMS (LB) LIMITED
REGISTERED NUMBER:10653351
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M H Tillman
Director

Date: 9 February 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
NOTTING HILL PUB AND ROOMS (LB) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

Notting Hill Pub and Rooms (LB) Limited is a private company, limited by shares, registered in England and Wales, registration number 10653351. The registered office address is 18 Bristol Gardens, London, W9 2JQ.

The principal activity of the company continued to be that of managing pubs, restaurants, hotels and similar accommodations
On 20 June 2023, the accounting reference date of the company was extended from 30 September 2022 to 31 March 2023.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

  
2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

 
2.3

Going concern

On the basis of information and enquiries that are pertinent to the company’s circumstances and which the directors believe to be adequate, it is appropriate to continue to treat the company as a going concern. In particular the directors believe that adequate cash resources will be available to cover the company’s requirements for working capital for at least twelve months from the date of signing the financial statements.

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

Recharged income is recognised when rechargeable corresponding  expenses have been incurred on behalf of other entities.

 
2.5

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 3

 
NOTTING HILL PUB AND ROOMS (LB) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the profit and loss account over its useful economic life.

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
NOTTING HILL PUB AND ROOMS (LB) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Short-term leasehold property
-
25%
straight-line
Fixtures and fittings
-
20%
reducing balance
Computer equipment
-
10%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

 Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.11

 Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

 Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and  loans with related parties.


3.


Employees




The average monthly number of employees, including directors, during the period was 2 (2021 - 2).

Page 5

 
NOTTING HILL PUB AND ROOMS (LB) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

4.


Intangible assets






Goodwill

£



Cost


At 1 October 2021
12,999



At 31 March 2023

12,999



Amortisation


At 1 October 2021
1,560


Charge for the period
780



At 31 March 2023

2,340



Net book value



At 31 March 2023
10,659



At 30 September 2021
11,439




5.


Tangible fixed assets







Leasehold property
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost


At 1 October 2021
566,677
565,482
14,987
1,147,146


Additions
7,850
4,184
-
12,034



At 31 March 2023

574,527
569,666
14,987
1,159,180



Depreciation


At 1 October 2021
49,318
289,397
7,937
346,652


Charge for the period
33,933
177,573
4,590
216,096



At 31 March 2023

83,251
466,970
12,527
562,748



Net book value



At 31 March 2023
491,276
102,696
2,460
596,432



At 30 September 2021
517,359
276,085
7,050
800,494

Page 6

 
NOTTING HILL PUB AND ROOMS (LB) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

6.


Debtors

31 March
30 September
2023
2021
£
£


Trade debtors
1,800
-

Amounts owed by connected entities
44,113
10,200

Unpaid share capital
100
100

46,013
10,300



7.


Cash

31 March
30 September
2023
2021
£
£

Cash at bank
506
1,634

506
1,634



8.


Creditors: amounts falling due within one year

31 March
30 September
2023
2021
£
£

Trade creditors
30,000
-

Amounts owed to connected entities
893,618
996,562

Other taxation and social security
17,383
18,877

Accruals
2,750
2,500

943,751
1,017,939


The charges held by HSBC Bank PLC over the assets of the company were satisfied in the period.


9.


Share capital

31 March
30 September
2023
2021
£
£
Allotted, called up and unpaid



100 (2021 - 100) Ordinary shares of £1.00 each
100
100

Each share has full rights in the company with respect to voting, dividends and distributions.

Page 7

 
NOTTING HILL PUB AND ROOMS (LB) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

10.


Commitments under operating leases

As at the period end, the company has £3,387,164 (2021 - £3,439,348) as  non-cancellable operating lease.
 

11.


Controlling party

The company is under the control of M H Tillman, a director and a majority shareholder of the company.

 
Page 8