Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-02-01falseNo description of principal activity2false 13840851 2023-02-01 2024-01-31 13840851 2022-01-11 2023-01-31 13840851 2024-01-31 13840851 2023-01-31 13840851 c:Director2 2023-02-01 2024-01-31 13840851 d:FurnitureFittings 2023-02-01 2024-01-31 13840851 d:FurnitureFittings 2024-01-31 13840851 d:FurnitureFittings 2023-01-31 13840851 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13840851 d:OfficeEquipment 2023-02-01 2024-01-31 13840851 d:OfficeEquipment 2024-01-31 13840851 d:OfficeEquipment 2023-01-31 13840851 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13840851 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13840851 d:CurrentFinancialInstruments 2024-01-31 13840851 d:CurrentFinancialInstruments 2023-01-31 13840851 d:Non-currentFinancialInstruments 2024-01-31 13840851 d:Non-currentFinancialInstruments 2023-01-31 13840851 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13840851 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13840851 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 13840851 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 13840851 d:ShareCapital 2024-01-31 13840851 d:ShareCapital 2023-01-31 13840851 d:RetainedEarningsAccumulatedLosses 2024-01-31 13840851 d:RetainedEarningsAccumulatedLosses 2023-01-31 13840851 c:FRS102 2023-02-01 2024-01-31 13840851 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13840851 c:FullAccounts 2023-02-01 2024-01-31 13840851 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 13840851









THE STOCKS HOTEL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
THE STOCKS HOTEL LIMITED
REGISTERED NUMBER: 13840851

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
  
4,638
5,354

  
4,638
5,354

Current assets
  

Stocks
  
6,002
8,000

Debtors: amounts falling due within one year
  
15,188
15,070

Cash at bank and in hand
  
4,002
8,970

  
25,192
32,040

Creditors: amounts falling due within one year
  
(47,324)
(41,669)

Net current liabilities
  
 
 
(22,132)
 
 
(9,629)

Total assets less current liabilities
  
(17,494)
(4,275)

Creditors: amounts falling due after more than one year
  
(117)
-

  

Net liabilities
  
(17,611)
(4,275)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(17,711)
(4,375)

  
(17,611)
(4,275)


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 year 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 statement of income and retained earnings 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: 

Page 1

 
THE STOCKS HOTEL LIMITED
REGISTERED NUMBER: 13840851
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024




Daniel Howell
Director

Date: 19 July 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
THE STOCKS HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

The Stocks Hotel Limited is a private company limited by shares in the United Kingdom, company number 13840851. It's registered office is The Stocks Hotel, Manchester Road, Walkden, M28 3JX.
During the year, the main principal of the business was that of a public house & bar.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
THE STOCKS HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.4

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%
Office equipment
-
15%

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.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

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.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

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

Page 4

 
THE STOCKS HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 0).


4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 February 2023
3,883
1,765
5,648


Additions
-
102
102



At 31 January 2024

3,883
1,867
5,750



Depreciation


At 1 February 2023
194
100
294


Charge for the year on owned assets
553
265
818



At 31 January 2024

747
365
1,112



Net book value



At 31 January 2024
3,136
1,502
4,638



At 31 January 2023
3,689
1,665
5,354


5.


Debtors

2024
2023
£
£


Trade debtors
(1)
70

Other debtors
191
-

Prepayments and accrued income
14,998
15,000

15,188
15,070


Page 5

 
THE STOCKS HOTEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
4,003
8,969

4,003
8,969



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
425
-

Other taxation and social security
2,765
3,793

Other creditors
41,484
33,126

Accruals and deferred income
2,650
4,750

47,324
41,669



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
117
-

117
-



9.


Pension commitments

 
Page 6