1 April 2023 false No description of principal activity Taxfiler 2024.5 11186283business:PrivateLimitedCompanyLtd2023-04-012024-03-31 111862832023-03-31 111862832023-04-012024-03-31 11186283business:AuditExemptWithAccountantsReport2023-04-012024-03-31 11186283business:FilletedAccounts2023-04-012024-03-31 111862832024-03-31 11186283business:Director12023-04-012024-03-31 11186283business:Director22023-04-012024-03-31 11186283business:RegisteredOffice2023-04-012024-03-31 111862832023-03-31 11186283core:WithinOneYear2024-03-31 11186283core:WithinOneYear2023-03-31 11186283core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 11186283core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11186283core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 11186283core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11186283core:PreviouslyStatedAmount2024-03-31 11186283core:PreviouslyStatedAmount2023-03-31 11186283business:SmallEntities2023-04-012024-03-31 11186283countries:EnglandWales2023-04-012024-03-31 11186283core:PlantMachinery2023-04-012024-03-31 11186283core:MotorVehicles2023-04-012024-03-31 11186283core:FurnitureFittings2023-04-012024-03-31 11186283core:ComputerEquipment2023-04-012024-03-31 11186283core:Goodwill2023-03-31 11186283core:Goodwill2024-03-31 11186283core:Goodwill2023-04-012024-03-31 11186283core:PlantMachinery2023-03-31 11186283core:FurnitureFittings2023-03-31 11186283core:ComputerEquipment2023-03-31 11186283core:PlantMachinery2024-03-31 11186283core:FurnitureFittings2024-03-31 11186283core:ComputerEquipment2024-03-31 111862832022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11186283 (England and Wales)
Gribble Pub & Brewery Ltd Unaudited accounts for the year ended 31 March 2024
Gribble Pub & Brewery Ltd Unaudited accounts Contents
Page
- 2 -
Gribble Pub & Brewery Ltd Company Information for the year ended 31 March 2024
Directors
Nicola Tester Simon Wood
Company Number
11186283 (England and Wales)
Registered Office
The Gribble Inn, Gribble Lane Oving Chichester West Sussex PO20 2BP
Accountants
B4Bookkeeping Ltd 1 Lincoln House Tangmere Chichester West Sussex PO20 2FS
- 3 -
Gribble Pub & Brewery Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
49,040 
61,300 
Tangible assets
6,869 
13,794 
55,909 
75,094 
Current assets
Inventories
9,000 
9,000 
Debtors
138,632 
137,934 
Cash at bank and in hand
67,924 
119,871 
215,556 
266,805 
Creditors: amounts falling due within one year
(267,511)
(288,469)
Net current liabilities
(51,955)
(21,664)
Net assets
3,954 
53,430 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,854 
53,330 
Shareholders' funds
3,954 
53,430 
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by
Nicola Tester Director Company Registration No. 11186283
- 4 -
Gribble Pub & Brewery Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Gribble Pub & Brewery Ltd is a private company, limited by shares, registered in England and Wales, registration number 11186283. The registered office is The Gribble Inn, Gribble Lane, Oving, Chichester, West Sussex, PO20 2BP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
50% on cost
Motor vehicles
25% on Cost
Fixtures & fittings
20% on cost
Computer equipment
50% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss. During the year the company received Coronavirus Job Retention Scheme grants and Retail, Hospitality and Leisure grants due to the Covid-19 pandemic and this is accounted for under the accruals model.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss. During the year the company received a Coronavirus Business Interruption Loan.
- 5 -
Gribble Pub & Brewery Ltd Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
122,600 
At 31 March 2024
122,600 
Amortisation
At 1 April 2023
61,300 
Charge for the year
12,260 
At 31 March 2024
73,560 
Net book value
At 31 March 2024
49,040 
At 31 March 2023
61,300 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
14,380 
94,621 
9,780 
118,781 
Additions
542 
484 
- 
1,026 
At 31 March 2024
14,922 
95,105 
9,780 
119,807 
Depreciation
At 1 April 2023
11,222 
84,172 
9,593 
104,987 
Charge for the year
1,789 
5,975 
187 
7,951 
At 31 March 2024
13,011 
90,147 
9,780 
112,938 
Net book value
At 31 March 2024
1,911 
4,958 
- 
6,869 
At 31 March 2023
3,158 
10,449 
187 
13,794 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
496 
4,930 
Other debtors
138,136 
133,004 
138,632 
137,934 
- 6 -
Gribble Pub & Brewery Ltd Notes to the Accounts for the year ended 31 March 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
55,518 
88,297 
VAT
11,573 
4,861 
Trade creditors
2,594 
4,772 
Taxes and social security
3,849 
2,158 
Other creditors
541 
344 
Loans from directors
184,581 
187,585 
Accruals
8,855 
452 
267,511 
288,469 
8
Transactions with related parties
Included in creditors is an amount due to be paid by the company to its directors. The amount is an advance made to the company of £184,582. There is no interest due to be paid on any outstanding amount. No fixed date has been set for the amount to be repaid by the company.
9
Average number of employees
During the year the average number of employees was 20 (2023: 20).
- 7 -