JK PUBS LTD

Company Registration Number:
NI065723 (Northern Ireland)

Unaudited abridged accounts for the year ended 27 October 2023

Period of accounts

Start date: 28 October 2022

End date: 27 October 2023

JK PUBS LTD

Contents of the Financial Statements

for the Period Ended 27 October 2023

Balance sheet
Notes

JK PUBS LTD

Balance sheet

As at 27 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,903,709 1,950,509
Investments: 4 112 112
Total fixed assets: 1,903,821 1,950,621
Current assets
Stocks: 45,211 43,104
Debtors:   1,393,486 1,237,295
Cash at bank and in hand: 461,611 357,661
Total current assets: 1,900,308 1,638,060
Creditors: amounts falling due within one year:   (312,644) (376,511)
Net current assets (liabilities): 1,587,664 1,261,549
Total assets less current liabilities: 3,491,485 3,212,170
Creditors: amounts falling due after more than one year:   (192,673) (223,135)
Provision for liabilities: (71,576) (83,168)
Total net assets (liabilities): 3,227,236 2,905,867
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 3,227,235 2,905,866
Shareholders funds: 3,227,236 2,905,867

The notes form part of these financial statements

JK PUBS LTD

Balance sheet statements

For the year ending 27 October 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 July 2024
and signed on behalf of the board by:

Name: JANINE KANE
Status: Director

The notes form part of these financial statements

JK PUBS LTD

Notes to the Financial Statements

for the Period Ended 27 October 2023

1. Accounting policies

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

Turnover policy

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:Land and buildings freehold - NILFixtures, fittings and equipment - 20% reducing balanceMotor vehicles - 25% straight line

Intangible fixed assets and amortisation policy

Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets when they were acquired. Purchased goodwill is capitalised in the balance sheet and amortised on a straight line basis over its economic useful life of 5 years which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.

JK PUBS LTD

Notes to the Financial Statements

for the Period Ended 27 October 2023

2. Employees

2023 2022
Average number of employees during the period 35 36

JK PUBS LTD

Notes to the Financial Statements

for the Period Ended 27 October 2023

3. Tangible Assets

Total
Cost £
At 28 October 2022 2,551,347
At 27 October 2023 2,551,347
Depreciation
At 28 October 2022 600,838
Charge for year 46,800
At 27 October 2023 647,638
Net book value
At 27 October 2023 1,903,709
At 27 October 2022 1,950,509

JK PUBS LTD

Notes to the Financial Statements

for the Period Ended 27 October 2023

4. Fixed investments

InvestmentsCostAs at 27 October 2022 £112As at 27 October 2023 £112