Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30false2022-10-01false4No description of principal activity63falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13722557 2022-10-01 2023-09-30 13722557 2023-09-30 13722557 2021-11-03 2022-09-30 13722557 2022-09-30 13722557 c:Director2 2022-10-01 2023-09-30 13722557 d:CurrentFinancialInstruments 2023-09-30 13722557 d:CurrentFinancialInstruments 2022-09-30 13722557 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 13722557 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 13722557 d:ShareCapital 2023-09-30 13722557 d:ShareCapital 2021-11-03 2022-09-30 13722557 d:ShareCapital 2022-09-30 13722557 d:RetainedEarningsAccumulatedLosses 2022-10-01 2023-09-30 13722557 d:RetainedEarningsAccumulatedLosses 2023-09-30 13722557 d:RetainedEarningsAccumulatedLosses 2022-09-30 13722557 d:TaxLossesCarry-forwardsDeferredTax 2023-09-30 13722557 d:TaxLossesCarry-forwardsDeferredTax 2022-09-30 13722557 c:OrdinaryShareClass1 2022-10-01 2023-09-30 13722557 c:OrdinaryShareClass1 2023-09-30 13722557 c:OrdinaryShareClass1 2022-09-30 13722557 c:FRS102 2022-10-01 2023-09-30 13722557 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 13722557 c:FullAccounts 2022-10-01 2023-09-30 13722557 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 13722557 e:PoundSterling 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number:  13722557














THE MANOR RESTAURANT (GREASBY) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


 
THE MANOR RESTAURANT (GREASBY) LIMITED
REGISTERED NUMBER: 13722557

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
 4 
41,885
-

Debtors: amounts falling due within one year
 5 
859,468
2,035

Cash at bank and in hand
 6 
33,088
4,065

  
934,441
6,100

Creditors: amounts falling due within one year
 7 
(1,090,180)
(6,000)

Net current (liabilities)/assets
  
 
 
(155,739)
 
 
100

Total assets less current liabilities
  
(155,739)
100

  

Net (liabilities)/assets
  
(155,739)
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(155,839)
-

  
(155,739)
100


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 September 2024.




A G Nelson
Director

The notes on pages 4 to 9 form part of these financial statements.
Page 1

 
THE MANOR RESTAURANT (GREASBY) LIMITED
REGISTERED NUMBER: 13722557
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023


Page 2

 
THE MANOR RESTAURANT (GREASBY) LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 October 2022
100
-
100



Loss for the year
-
(155,839)
(155,839)


At 30 September 2023
100
(155,839)
(155,739)


The notes on pages 4 to 9 form part of these financial statements.


STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2022


Called up share capital
Total equity

£
£

Shares issued during the period
100
100


At 30 September 2022
100
100


The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
THE MANOR RESTAURANT (GREASBY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England and Wales (no. 13722557). The address of the registered office is c/o Grosvenor Pulford Hotel, Wrexham Road, Pulford, Chester, United Kingdom, CH4 9DG.
The presentation currency of these financial statements is £ sterling; the financial statements are rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 4

 
THE MANOR RESTAURANT (GREASBY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is 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.

Page 5

 
THE MANOR RESTAURANT (GREASBY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

2023
2022
£
£

Wages and salaries
748,336
-

Cost of defined contribution scheme
3,307
-

751,643
-


The average monthly number of employees, including the directors, during the year was as follows:


        2023
        2022
            No.
            No.







Directors
3
4



Administration
60
-

63
4

Page 6

 
THE MANOR RESTAURANT (GREASBY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Stocks

2023
2022
£
£

Finished goods and goods for resale
41,885
-

41,885
-



5.


Debtors

2023
2022
£
£


Trade debtors
964
-

Amounts owed by group undertakings
-
1,914

Amounts owed by associated undertakings
785,401
-

Prepayments and accrued income
21,157
121

Deferred taxation
51,946
-

859,468
2,035



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
33,088
4,065

33,088
4,065


Page 7

 
THE MANOR RESTAURANT (GREASBY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
194,073
-

Amounts owed to group undertakings
593,623
-

Amounts owed to associates
-
6,000

Other taxation and social security
136,772
-

Other creditors
92,698
-

Accruals and deferred income
73,014
-

1,090,180
6,000



8.


Deferred taxation




2023


£






Charged to profit or loss
51,946



At end of year
51,946

The deferred tax asset is made up as follows:

2023
2022
£
£


Tax losses carried forward
51,946
-

51,946
-


9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


Page 8

 
THE MANOR RESTAURANT (GREASBY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

10.


Related party transactions

Included within debtors is a balance of £785,401 (2022: £1,914) owed from related parties.
Included within creditors is a balance of £593,623 (2022: £6,000) owed to related parties.
All transactions are at an arms length basis.


11.


Controlling party

The company is a wholly owned subsidiary of The Manor Property (Greasby) Limited, which became a wholly owned subsidiary of Nelson (Northwest) Hotels Limited on 14 June 2024. The company is under the ultimate control of the directors and shareholders of Nelson (Northwest) Hotels Limited.
 
Page 9