Holliday's Ltd 12398992 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is public houses and bars Digita Accounts Production Advanced 6.30.9574.0 true 12398992 2023-02-01 2024-01-31 12398992 2024-01-31 12398992 core:CurrentFinancialInstruments 2024-01-31 12398992 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 12398992 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 12398992 core:FurnitureFittingsToolsEquipment 2024-01-31 12398992 core:LandBuildings 2024-01-31 12398992 core:OtherPropertyPlantEquipment 2024-01-31 12398992 bus:SmallEntities 2023-02-01 2024-01-31 12398992 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 12398992 bus:AbridgedAccounts 2023-02-01 2024-01-31 12398992 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12398992 bus:RegisteredOffice 2023-02-01 2024-01-31 12398992 bus:CompanySecretaryDirector1 2023-02-01 2024-01-31 12398992 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12398992 core:ComputerEquipment 2023-02-01 2024-01-31 12398992 core:FurnitureFittings 2023-02-01 2024-01-31 12398992 core:FurnitureFittingsToolsEquipment 2023-02-01 2024-01-31 12398992 core:LandBuildings 2023-02-01 2024-01-31 12398992 core:LeaseholdImprovements 2023-02-01 2024-01-31 12398992 core:OtherPropertyPlantEquipment 2023-02-01 2024-01-31 12398992 countries:EnglandWales 2023-02-01 2024-01-31 12398992 2023-01-31 12398992 core:FurnitureFittingsToolsEquipment 2023-01-31 12398992 core:LandBuildings 2023-01-31 12398992 core:OtherPropertyPlantEquipment 2023-01-31 12398992 2022-02-01 2023-01-31 12398992 2023-01-31 12398992 core:CurrentFinancialInstruments 2023-01-31 12398992 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 12398992 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 12398992 core:FurnitureFittingsToolsEquipment 2023-01-31 12398992 core:LandBuildings 2023-01-31 12398992 core:OtherPropertyPlantEquipment 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 12398992

Holliday's Ltd

trading as The Spotted Dog

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 January 2024

 

Holliday's Ltd

trading as The Spotted Dog

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 8

 

Holliday's Ltd

trading as The Spotted Dog

Company Information

Director

Mr C Holliday

Company secretary

Mr C Holliday

Registered office

27 Old Gloucester Street
London
WC1N 3AX

Accountants

Inn Control Hospitality Accountants Limited
10 Cheyne Walk
Northamptonshire
England
NN1 5PT

 

Holliday's Ltd

trading as The Spotted Dog

(Registration number: 12398992)
Abridged Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

67,219

79,499

Current assets

 

Stocks

5

6,044

7,053

Debtors

812

1,573

Cash at bank and in hand

 

310

1,334

 

7,166

9,960

Prepayments and accrued income

 

10,207

9,164

Creditors: Amounts falling due within one year

(65,127)

(68,508)

Net current liabilities

 

(47,754)

(49,384)

Total assets less current liabilities

 

19,465

30,115

Creditors: Amounts falling due after more than one year

(193,864)

(119,606)

Provisions for liabilities

-

(11,334)

Accruals and deferred income

 

(11,565)

(5,758)

Net liabilities

 

(185,964)

(106,583)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(186,064)

(106,683)

Shareholders' deficit

 

(185,964)

(106,583)

 

Holliday's Ltd

trading as The Spotted Dog

(Registration number: 12398992)
Abridged Balance Sheet as at 31 January 2024

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option to not file the profit and loss account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 15 August 2024
 

.........................................
Mr C Holliday
Company secretary and director

 

Holliday's Ltd

trading as The Spotted Dog

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
27 Old Gloucester Street
London
WC1N 3AX
United Kingdom

These financial statements were authorised for issue by the director on 15 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' best judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be appropriate.

Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

 

Holliday's Ltd

trading as The Spotted Dog

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer Equipment

33.33% SLM

Plant and Machinery

20% SLM

Fixtures & Fittings

15% SLM

Leasehold property

2% SLM

 

Holliday's Ltd

trading as The Spotted Dog

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Holliday's Ltd

trading as The Spotted Dog

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 12 (2023 - 9).

 

Holliday's Ltd

trading as The Spotted Dog

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 February 2023

20,250

43,252

39,803

103,305

Additions

-

1,578

1,167

2,745

At 31 January 2024

20,250

44,830

40,970

106,050

Depreciation

At 1 February 2023

405

9,457

13,944

23,806

Charge for the year

405

6,601

8,019

15,025

At 31 January 2024

810

16,058

21,963

38,831

Carrying amount

At 31 January 2024

19,440

28,772

19,007

67,219

At 31 January 2023

19,845

33,795

25,859

79,499

Included within the net book value of land and buildings above is £19,440 (2023 - £19,845) in respect of short leasehold land and buildings.
 

5

Stocks

2024
£

2023
£

Other inventories

6,044

7,053