Adderley Village Hall Bar Ltd 07064356 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is village hall. Digita Accounts Production Advanced 6.30.9574.0 true 07064356 2023-01-01 2023-12-31 07064356 2023-12-31 07064356 core:RetainedEarningsAccumulatedLosses 2023-12-31 07064356 core:ShareCapital 2023-12-31 07064356 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07064356 bus:SmallEntities 2023-01-01 2023-12-31 07064356 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07064356 bus:FullAccounts 2023-01-01 2023-12-31 07064356 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07064356 bus:RegisteredOffice 2023-01-01 2023-12-31 07064356 bus:Director1 2023-01-01 2023-12-31 07064356 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07064356 countries:AllCountries 2023-01-01 2023-12-31 07064356 2022-01-01 2022-12-31 07064356 2022-12-31 07064356 core:RetainedEarningsAccumulatedLosses 2022-12-31 07064356 core:ShareCapital 2022-12-31 07064356 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 07064356

Adderley Village Hall Bar Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Adderley Village Hall Bar Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Adderley Village Hall Bar Ltd

(Registration number: 07064356)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Stocks

2,817

2,039

Cash at bank and in hand

 

17,247

10,234

 

20,064

12,273

Creditors: Amounts falling due within one year

4

(17,203)

(9,412)

Net assets

 

2,861

2,861

Capital and reserves

 

Called up share capital

3

3

Retained earnings

2,858

2,858

Shareholders' funds

 

2,861

2,861

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 16 September 2024 and signed on its behalf by:
 

.........................................
Mr IN Wilson
Director

 

Adderley Village Hall Bar Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Adderley Village Hall
Adderley
Market Drayton
Shropshire
TF9 3TF
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in relation to a village hall bar Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Adderley Village Hall Bar Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).

4

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Other creditors

17,203

9,412