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REGISTERED NUMBER: 07079731 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Good Pub And Restaurant Company Ltd

Good Pub And Restaurant Company Ltd (Registered number: 07079731)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Good Pub And Restaurant Company Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mrs M L Lynch
Miss B Riley





REGISTERED OFFICE: Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW





REGISTERED NUMBER: 07079731 (England and Wales)





ACCOUNTANTS: Willsons
Chartered Accountants
Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW

Good Pub And Restaurant Company Ltd (Registered number: 07079731)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 198,149 203,959

CURRENT ASSETS
Stocks 9,449 9,293
Debtors 5 211,929 211,425
Cash at bank and in hand 40,945 68,259
262,323 288,977
CREDITORS
Amounts falling due within one year 6 23,296 32,089
NET CURRENT ASSETS 239,027 256,888
TOTAL ASSETS LESS CURRENT
LIABILITIES

437,176

460,847

PROVISIONS FOR LIABILITIES - 1,166
NET ASSETS 437,176 459,681

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 437,076 459,581
SHAREHOLDERS' FUNDS 437,176 459,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Good Pub And Restaurant Company Ltd (Registered number: 07079731)

Balance Sheet - continued
30 November 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 27 August 2024 and were signed on its behalf by:





Miss B Riley - Director


Good Pub And Restaurant Company Ltd (Registered number: 07079731)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Good Pub And Restaurant Company Ltd 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 represents the total invoice value, excluding value added tax, of sales made during the period.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on delivery of the goods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 4% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 7 ) .

Good Pub And Restaurant Company Ltd (Registered number: 07079731)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022 242,366 88,054 1,481 331,901
Additions - 1,859 - 1,859
At 30 November 2023 242,366 89,913 1,481 333,760
DEPRECIATION
At 1 December 2022 49,617 77,005 1,320 127,942
Charge for year 4,848 2,767 54 7,669
At 30 November 2023 54,465 79,772 1,374 135,611
NET BOOK VALUE
At 30 November 2023 187,901 10,141 107 198,149
At 30 November 2022 192,749 11,049 161 203,959

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 210,000 210,000
Prepayments 1,929 1,425
211,929 211,425

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 6,142 18,629
Social security and other taxes 1,690 587
VAT 2,241 5,702
Other creditors 5,016 4,986
Net wages 5,685 -
Pension creditor 249 -
Accrued expenses 2,273 2,185
23,296 32,089

7. RELATED PARTY DISCLOSURES

At the balance sheet date, an interest-free loan of £105,000 (2022 - £105,000) was provided to a company which Miss B Riley holds a minority share interest in. Another interest-free loan of £105,000 (2022 - £105,000) was provided to a company which Mrs M L Lynch holds a 50% share interest in.