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REGISTERED NUMBER: 11012962 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

STUBBS AND CO RESTAURANTS LIMITED

STUBBS AND CO RESTAURANTS LIMITED (REGISTERED NUMBER: 11012962)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STUBBS AND CO RESTAURANTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2023







DIRECTORS: Mrs H S Bensley
A V Bensley





REGISTERED OFFICE: 379 Canterbury Road
Kennington
Ashford
Kent
TN25 4DU





REGISTERED NUMBER: 11012962 (England and Wales)





ACCOUNTANTS: Calcutt Matthews WBZ Ltd
19 North Street
Ashford
Kent
TN24 8LF

STUBBS AND CO RESTAURANTS LIMITED (REGISTERED NUMBER: 11012962)

BALANCE SHEET
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,729,229 4,750,383

CURRENT ASSETS
Stocks 23,000 3,000
Debtors 5 45,801 31,806
Cash at bank and in hand 158,192 124,612
226,993 159,418
CREDITORS
Amounts falling due within one year 6 344,346 368,206
NET CURRENT LIABILITIES (117,353 ) (208,788 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,611,876 4,541,595

CREDITORS
Amounts falling due after more than one
year

7

4,732,746

4,831,768
NET LIABILITIES (120,870 ) (290,173 )

CAPITAL AND RESERVES
Called up share capital 200,100 200,100
Retained earnings (320,970 ) (490,273 )
(120,870 ) (290,173 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

STUBBS AND CO RESTAURANTS LIMITED (REGISTERED NUMBER: 11012962)

BALANCE SHEET - continued
31 October 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 31 July 2024 and were signed on its behalf by:





Mrs H S Bensley - Director


STUBBS AND CO RESTAURANTS LIMITED (REGISTERED NUMBER: 11012962)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023


1. STATUTORY INFORMATION

Stubbs And Co Restaurants Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% 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 recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

STUBBS AND CO RESTAURANTS LIMITED (REGISTERED NUMBER: 11012962)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 83 ).

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 4,468,832 282,204 174,851 3,023 4,928,910
Additions 49,054 241 - - 49,295
At 31 October 2023 4,517,886 282,445 174,851 3,023 4,978,205
DEPRECIATION
At 1 November 2022 - 110,182 67,589 756 178,527
Charge for year - 43,066 26,816 567 70,449
At 31 October 2023 - 153,248 94,405 1,323 248,976
NET BOOK VALUE
At 31 October 2023 4,517,886 129,197 80,446 1,700 4,729,229
At 31 October 2022 4,468,832 172,022 107,262 2,267 4,750,383

5. DEBTORS
31.10.23 31.10.22
£    £   
Amounts falling due within one year:
Trade debtors 14,130 -
Other debtors 27,521 27,656
41,651 27,656

Amounts falling due after more than one year:
Other debtors 4,150 4,150

Aggregate amounts 45,801 31,806

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Payments on account 21,114 21,114
Trade creditors 123,916 182,208
Taxation and social security 103,662 90,058
Other creditors 95,654 74,826
344,346 368,206

STUBBS AND CO RESTAURANTS LIMITED (REGISTERED NUMBER: 11012962)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Other creditors 4,732,746 4,831,768

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
**UNKNOWN DIRECTOR 1**
Balance outstanding at start of year 4,827,618 4,452,379
Amounts advanced - 379,389
Amounts repaid - (4,150 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 4,827,618