Company Registration No. 09831844 (England and Wales)
Spice & Spirits Bars Ltd
Unaudited accounts
for the year ended 31 October 2023
Spice & Spirits Bars Ltd
Unaudited accounts
Contents
Spice & Spirits Bars Ltd
Company Information
for the year ended 31 October 2023
Director
Gurnek Singh Dhillon
Company Number
09831844 (England and Wales)
Registered Office
109 Catherine Street
Leicester
LE4 6EP
England
Accountants
Capital Talks LLP
Accountants & Tax consultants
310D - EW Sterling House
Langston Road
Loughton
IG10 3TS
Spice & Spirits Bars Ltd
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
37,519
18,309
Creditors: amounts falling due within one year
(31,788)
(9,217)
Net current assets
72,670
40,385
Total assets less current liabilities
73,172
40,774
Creditors: amounts falling due after more than one year
(76,446)
(36,429)
Net (liabilities)/assets
(3,274)
4,345
Called up share capital
100
100
Profit and loss account
(3,374)
4,245
Shareholders' funds
(3,274)
4,345
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 July 2024 and were signed on its behalf by
Gurnek Singh Dhillon
Director
Company Registration No. 09831844
Spice & Spirits Bars Ltd
Notes to the Accounts
for the year ended 31 October 2023
Spice & Spirits Bars Ltd is a private company, limited by shares, registered in England and Wales, registration number 09831844. The registered office is 109 Catherine Street, Leicester, LE4 6EP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost.
4
Tangible fixed assets
Plant & machinery
Spice & Spirits Bars Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
27,964
16,600
Accrued income and prepayments
8,475
8,475
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,240
6,240
Taxes and social security
8,057
1,946
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The director Gurnek Singh Dhillon controls the company as a result of controlling directly 100% of the issued shares capital.
10
Average number of employees
During the year the average number of employees was 11 (2022: 1).