ATLANTIC BAR (BUNCRANA) LIMITED

Company Registration Number:
08811999 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

ATLANTIC BAR (BUNCRANA) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

ATLANTIC BAR (BUNCRANA) LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Investments: 3 391,405 185,279
Total fixed assets: 391,405 185,279
Current assets
Debtors:   194,935 218,876
Cash at bank and in hand: 30,028
Total current assets: 224,963 218,876
Creditors: amounts falling due within one year:   (2,020) (1,993)
Net current assets (liabilities): 222,943 216,883
Total assets less current liabilities: 614,348 402,162
Total net assets (liabilities): 614,348 402,162
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 614,248 402,062
Shareholders funds: 614,348 402,162

The notes form part of these financial statements

ATLANTIC BAR (BUNCRANA) LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 September 2024
and signed on behalf of the board by:

Name: Lawrence McDaid
Status: Director

The notes form part of these financial statements

ATLANTIC BAR (BUNCRANA) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ATLANTIC BAR (BUNCRANA) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

ATLANTIC BAR (BUNCRANA) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Fixed investments

Investment property comprises land and buildings at Buncrana, Co. Donegal, Rep. Of Ireland

ATLANTIC BAR (BUNCRANA) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Related party transactions

Name of the related party:
Relationship:
Connected party under the control of the director
Description of the Transaction: £192,952 was owing to Atlantic Bar (Buncrana) Ltd by a connected company under the control of the director at the financial year end (2022: £207,406). It is expeected that this will be repaid to Atlantic Bar (Buncrana) Ltd in the short term.
£
Balance at 01 January 2023 207,406
Balance at 31 December 2023 192,952