Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11114344 Mr A A Gray Grays & Feather Limited Mill House, Liphook Road, Haslemere, England, GU27 3QE true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11114344 2022-12-31 11114344 2023-12-31 11114344 2023-01-01 2023-12-31 11114344 frs-core:CurrentFinancialInstruments 2023-12-31 11114344 frs-core:ShareCapital 2023-12-31 11114344 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11114344 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11114344 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11114344 frs-bus:SmallEntities 2023-01-01 2023-12-31 11114344 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11114344 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11114344 1 2023-01-01 2023-12-31 11114344 frs-bus:Director1 2023-01-01 2023-12-31 11114344 frs-bus:Director1 2022-12-31 11114344 frs-bus:Director1 2023-12-31 11114344 frs-countries:EnglandWales 2023-01-01 2023-12-31 11114344 2021-12-31 11114344 2022-12-31 11114344 2022-01-01 2022-12-31 11114344 frs-core:CurrentFinancialInstruments 2022-12-31 11114344 frs-core:ShareCapital 2022-12-31 11114344 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Quill Wine Bar Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11114344
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 3 14,234 100
14,234 100
Creditors: Amounts Falling Due Within One Year (3,647 ) -
NET CURRENT ASSETS (LIABILITIES) 10,587 100
TOTAL ASSETS LESS CURRENT LIABILITIES 10,587 100
NET ASSETS 10,587 100
CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and Loss Account 10,487 -
SHAREHOLDERS' FUNDS 10,587 100
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A A Gray
Director
9 August 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised on a point of sale basis. 
1.3. 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, where applicable, are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
1.4. Taxation
Income tax expense represents the sum of the tax currently payable and a deferred tax provision where necessary in accordance with accounting standards.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all material taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Where a reliable tax rate cannot be forecast, a deferred tax provision is calculated at the highest tax rate possibly applicable, based on tax rates (and tax laws) enacted by the end of the reporting date. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2022: 1)
1 1
3. Debtors
2023 2022
£ £
Due within one year
Director's loan account 10,000 -
Amounts owed by group undertakings 14,234 100
Amounts owed by subsidiaries (10,000 ) -
14,234 100
Page 2
Page 3
4. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
5. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Andrew Gray - 17,013 7,013 - 10,000
The above loan is unsecured, interest free and repayable on demand.
6. Related Party Transactions
All related party transactions are completed on an arm's length basis and at market value. No disclosures of individual transactions are therefore necessary in these financial statements.
7. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Grays & Feather Limited . Grays & Feather Limited was incorporated in England. Copies of the group accounts may be obtained from the secretary, Mill House, Liphook Road, Haslemere, England, GU27 3QE . The ultimate controlling party is Grays & Feather Limited who controls 100% of the shares of Quill Wine Bar Ltd .
8. Change of company name
During the year, the company name changed from Golden Boy Grilled Cheese Limited.
9. General Information
Quill Wine Bar Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11114344 . The registered office is Mill House Liphook Road, Shottermill, Haslemere, Surrey, GU27 3QE.
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