Company Registration No. SC493612 (Scotland)
Quiet Man Taverns Limited
Unaudited accounts
for the year ended 31 August 2023
Quiet Man Taverns Limited
Unaudited accounts
Contents
Quiet Man Taverns Limited
Company Information
for the year ended 31 August 2023
Directors
Daniel Martin McNally
Finbarr Patrick McNally
Company Number
SC493612 (Scotland)
Registered Office
101 Colinton Road
Edinburgh
Midlothian
EH14 1AL
Scotland
Accountants
Allsquare (Edinburgh) Ltd
Federation House
222-224 Queensferry Road
Edinburgh
EH4 2BN
Quiet Man Taverns Limited
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
9,499
723
Creditors: amounts falling due within one year
(35,357)
(23,743)
Net current assets
45,489
28,426
Total assets less current liabilities
45,489
28,426
Creditors: amounts falling due after more than one year
(19,003)
(29,003)
Net assets/(liabilities)
26,486
(577)
Called up share capital
10
10
Profit and loss account
26,476
(587)
Shareholders' funds
26,486
(577)
For the year ending 31 August 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 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 29 August 2024 and were signed on its behalf by
Daniel Martin McNally
Director
Company Registration No. SC493612
Quiet Man Taverns Limited
Notes to the Accounts
for the year ended 31 August 2023
Quiet Man Taverns Limited is a private company, limited by shares, registered in Scotland, registration number SC493612. The registered office is 101 Colinton Road, Edinburgh, Midlothian, EH14 1AL, Scotland.
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.
Turnover represents net invoiced sales of goods and services, excluding value added tax.
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
20% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2022
5,668
150
5,818
At 31 August 2023
5,668
150
5,818
At 1 September 2022
5,668
150
5,818
At 31 August 2023
5,668
150
5,818
Amounts falling due within one year
Accrued income and prepayments
7,067
-
Amounts falling due after more than one year
Other debtors
64,280
51,446
Quiet Man Taverns Limited
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Taxes and social security
22,705
13,486
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).