Registered number
08500004
Wentsford Pubs Limited
Filleted Accounts
30 September 2023
Wentsford Pubs Limited
Registered number: 08500004
Balance Sheet
as at 30 September 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 42,930 50,933
Current assets
Debtors 4 466,661 277,145
Cash at bank and in hand 664,520 723,011
1,131,181 1,000,156
Creditors: amounts falling due within one year 5 (1,215,968) (1,133,552)
Net current liabilities (84,787) (133,396)
Net liabilities (41,857) (82,463)
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (42,857) (83,463)
Shareholders' funds (41,857) (82,463)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D N Pollard
Director
Approved by the board on 16 April 2024
Wentsford Pubs Limited
Notes to the Accounts
for the year ended 30 September 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, using the straight line method of calculation, the rates as follows:
Plant and machinery 20% per annum
Fixtures, fittings, tools and equipment 20% per annum
Motor Vehicles 20% per annum
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons (inc Directors) employed by the company 3 3
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 October 2022 4,863 235,165 21,581 261,609
Additions - 1,654 - 1,654
At 30 September 2023 4,863 236,819 21,581 263,263
Depreciation
At 1 October 2022 - 196,660 14,016 210,676
Charge for the year - 8,144 1,513 9,657
At 30 September 2023 - 204,804 15,529 220,333
Net book value
At 30 September 2023 4,863 32,015 6,052 42,930
At 30 September 2022 4,863 38,505 7,565 50,933
4 Debtors 2023 2022
£ £
Trade debtors 126,126 86,629
Other debtors 340,535 190,516
466,661 277,145
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 261,181 177,205
Amounts owed to group undertakings and undertakings in which the company has a participating interest 797,824 842,817
Taxation and social security costs 20,854 8,607
Other creditors 136,109 104,923
1,215,968 1,133,552
6 Controlling party
The company is under the control of Wentsford Properties Limited.
7 Other information
Wentsford Pubs Limited is a private company limited by shares and incorporated in England. Its registered office is: First Floor Unit 4 Concept Court Kettlestring Lane York YO30 4XF
Wentsford Pubs Limited 08500004 false 2022-10-01 2023-09-30 2023-09-30 VT Final Accounts April 2022 D N Pollard No description of principal activity 08500004 2021-10-01 2022-09-30 08500004 core:WithinOneYear 2022-09-30 08500004 core:ShareCapital 2022-09-30 08500004 core:RetainedEarningsAccumulatedLosses 2022-09-30 08500004 2022-10-01 2023-09-30 08500004 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 08500004 bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 08500004 bus:Director40 2022-10-01 2023-09-30 08500004 1 2022-10-01 2023-09-30 08500004 2 2022-10-01 2023-09-30 08500004 core:LandBuildings 2022-10-01 2023-09-30 08500004 core:PlantMachinery 2022-10-01 2023-09-30 08500004 core:Vehicles 2022-10-01 2023-09-30 08500004 countries:England 2022-10-01 2023-09-30 08500004 bus:FRS102 2022-10-01 2023-09-30 08500004 bus:FullAccounts 2022-10-01 2023-09-30 08500004 2023-09-30 08500004 core:WithinOneYear 2023-09-30 08500004 core:ShareCapital 2023-09-30 08500004 core:RetainedEarningsAccumulatedLosses 2023-09-30 08500004 core:LandBuildings 2023-09-30 08500004 core:PlantMachinery 2023-09-30 08500004 core:Vehicles 2023-09-30 08500004 2022-09-30 08500004 core:LandBuildings 2022-09-30 08500004 core:PlantMachinery 2022-09-30 08500004 core:Vehicles 2022-09-30 iso4217:GBP xbrli:pure