Caseware UK (AP4) 2023.0.135 2023.0.135 false2022-11-01falsepublic affairs events organisation, job advertising and advertising sales.11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05952320 2022-11-01 2023-10-31 05952320 2021-11-01 2022-10-31 05952320 2023-10-31 05952320 2022-10-31 05952320 c:Director1 2022-11-01 2023-10-31 05952320 d:PlantMachinery 2022-11-01 2023-10-31 05952320 d:PlantMachinery 2023-10-31 05952320 d:PlantMachinery 2022-10-31 05952320 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05952320 d:OfficeEquipment 2022-11-01 2023-10-31 05952320 d:OfficeEquipment 2023-10-31 05952320 d:OfficeEquipment 2022-10-31 05952320 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05952320 d:OtherPropertyPlantEquipment 2022-11-01 2023-10-31 05952320 d:OtherPropertyPlantEquipment 2023-10-31 05952320 d:OtherPropertyPlantEquipment 2022-10-31 05952320 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05952320 d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05952320 d:CurrentFinancialInstruments 2023-10-31 05952320 d:CurrentFinancialInstruments 2022-10-31 05952320 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 05952320 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 05952320 d:ShareCapital 2023-10-31 05952320 d:ShareCapital 2022-10-31 05952320 d:RetainedEarningsAccumulatedLosses 2023-10-31 05952320 d:RetainedEarningsAccumulatedLosses 2022-10-31 05952320 c:OrdinaryShareClass1 2022-11-01 2023-10-31 05952320 c:OrdinaryShareClass1 2023-10-31 05952320 c:OrdinaryShareClass1 2022-10-31 05952320 c:OrdinaryShareClass2 2022-11-01 2023-10-31 05952320 c:OrdinaryShareClass2 2023-10-31 05952320 c:OrdinaryShareClass2 2022-10-31 05952320 c:OrdinaryShareClass3 2022-11-01 2023-10-31 05952320 c:OrdinaryShareClass3 2023-10-31 05952320 c:OrdinaryShareClass3 2022-10-31 05952320 c:FRS102 2022-11-01 2023-10-31 05952320 c:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 05952320 c:FullAccounts 2022-11-01 2023-10-31 05952320 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05952320 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-11-01 2023-10-31 05952320 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-10-31 05952320 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-10-31 05952320 2 2022-11-01 2023-10-31 05952320 e:PoundSterling 2022-11-01 2023-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05952320









PUBAFFAIRS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

For the Year Ended 31 October 2023

 
PUBAFFAIRS LIMITED
 

CONTENTS



Page
Accountants' Report
 
1
Balance Sheet
 
2 - 3
Notes to the Financial Statements
 
4 - 7


 
PUBAFFAIRS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PUBAFFAIRS LIMITED
FOR THE YEAR ENDED 31 OCTOBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PubAffairs Limited for the year ended 31 October 2023 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the director of PubAffairs Limited in accordance with the terms of our engagement letter dated 05 May 2021Our work has been undertaken solely to prepare for your approval the financial statements of PubAffairs Limited and state those matters that we have agreed to state to the director of PubAffairs Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PubAffairs Limited and its director for our work or for this report. 

It is your duty to ensure that PubAffairs Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PubAffairs Limited. You consider that PubAffairs Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of PubAffairs Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
23 August 2024
Page 1

 
PUBAFFAIRS LIMITED
Registered number: 05952320

BALANCE SHEET
As at 31 October 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
367
1,047

  
367
1,047

Current assets
  

Debtors: amounts falling due within one year
 5 
244,248
217,220

Cash at bank and in hand
  
3,660
263

  
247,908
217,483

Creditors: amounts falling due within one year
 6 
(266,040)
(254,493)

Net current liabilities
  
 
 
(18,132)
 
 
(37,010)

Total assets less current liabilities
  
(17,765)
(35,963)

Provisions for liabilities
  

Deferred tax
  
(70)
(201)

  
 
 
(70)
 
 
(201)

Net liabilities
  
(17,835)
(36,164)


Capital and reserves
  

Called up share capital 
 7 
15
15

Profit and loss account
  
(17,850)
(36,179)

  
(17,835)
(36,164)


Page 2

 
PUBAFFAIRS LIMITED
Registered number: 05952320
    
BALANCE SHEET (CONTINUED)
As at 31 October 2023

The director considers 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 director acknowledges his 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: 




................................................
Mr P Murphy
Director

Date: 23 August 2024

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
PUBAFFAIRS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 October 2023

1.


General information

The company is a private company incorporated in the United Kingdom and limited by shares. It is registered in England and Wales. The address of its registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ. The principal place of business is St Albans, Hertfordshire.
The company's principal activity during the year was public affairs events organisation, job advertising and advertising sales.

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

Going concern

At the balance sheet date the company's liabilities exceeded its assets by £17,835. With the continued support of the director, the director believes that the company will be able to continue in business and meet its liabilities as they fall due for a period of at least twelve months from the date of approval of the financial statements.

 
2.3

Revenue

Turnover comprises revenue recognised by the company in respect of public affairs events organisation, job advertising and advertising sales. Turnover is measured as the fair value of the consideration received or receivable.

 
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, using the straight-line and reducing balance method.

Depreciation is provided on the following basis:

Plant & machinery
-
20% reducing balance
Office equipment
-
33% straight line
Website
-
33% straight line

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.

Page 4

 
PUBAFFAIRS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 October 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and susequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

 
2.8

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.9

Current and deferred taxation

The tax expense for the year comprises current and deferred tax.
Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date.
Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
PUBAFFAIRS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 October 2023

4.


Tangible fixed assets





Plant & machinery
Office equipment
Website
Total

£
£
£
£



Cost or valuation


At 1 November 2022
315
4,938
12,853
18,106



At 31 October 2023

315
4,938
12,853
18,106



Depreciation


At 1 November 2022
285
3,921
12,853
17,059


Charge for the year on owned assets
6
674
-
680



At 31 October 2023

291
4,595
12,853
17,739



Net book value



At 31 October 2023
24
343
-
367



At 31 October 2022
30
1,017
-
1,047


5.


Debtors

2023
2022
£
£


Trade debtors
3,057
3,057

Other debtors
-
15,340

Prepayments and accrued income
241,191
198,823

244,248
217,220


Page 6

 
PUBAFFAIRS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 October 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
3,060
3,145

Other taxation and social security
7,204
5,573

Other creditors
253,407
243,569

Accruals and deferred income
2,369
2,206

266,040
254,493



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



50 (2022 - 50) A Ordinary shares of £0.10 each
5
5
50 (2022 - 50) B Ordinary shares of £0.10 each
5
5
50 (2022 - 50) C Ordinary shares of £0.10 each
5
5

15

15



8.


Related party transactions

As at 31 October 2023, the company owed £253,407 (2022 - £243,569) to the director, as included within other creditors due within one year note 6 to the financial statements. The loan is interest free and repayable on demand.

 
Page 7