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REGISTERED NUMBER: 07273147 (England and Wales)















Spitalfields Pub Company Limited

Abridged Financial Statements for the Year Ended 31st January 2024






Spitalfields Pub Company Limited (Registered number: 07273147)






Contents of the Financial Statements
for the year ended 31st January 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Spitalfields Pub Company Limited

Company Information
for the year ended 31st January 2024







Director: K R Walters





Registered office: 1-3 High Street
Great Dunmow
Essex
CM6 1UU





Registered number: 07273147 (England and Wales)





Accountants: Walters & Company
Certified Practising Accountants
1-3 High Street
Great Dunmow
Essex
CM6 1UU

Spitalfields Pub Company Limited (Registered number: 07273147)

Abridged Balance Sheet
31st January 2024

31/1/24 31/1/23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 132,013 116,129

Current assets
Stocks 32,133 32,277
Debtors 851,897 805,144
Investments 88 88
Prepayments and accrued income 26,457 18,873
Cash at bank 462,866 861,484
1,373,441 1,717,866
Creditors
Amounts falling due within one year 344,993 1,007,232
Net current assets 1,028,448 710,634
Total assets less current liabilities 1,160,461 826,763

Provisions for liabilities 7,137 16,403
Net assets 1,153,324 810,360

Capital and reserves
Called up share capital 5 100 100
Retained earnings 1,153,224 810,260
Shareholders' funds 1,153,324 810,360

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Spitalfields Pub Company Limited (Registered number: 07273147)

Abridged Balance Sheet - continued
31st January 2024


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31st January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1st October 2024 and were signed by:





K R Walters - Director


Spitalfields Pub Company Limited (Registered number: 07273147)

Notes to the Financial Statements
for the year ended 31st January 2024

1. Statutory information

Spitalfields Pub Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Spitalfields Pub Company Limited (Registered number: 07273147)

Notes to the Financial Statements - continued
for the year ended 31st January 2024

2. Accounting policies - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 30 (2023 - 25 ) .

4. Tangible fixed assets
Totals
£   
Cost
At 1st February 2023 932,271
Additions 93,187
At 31st January 2024 1,025,458
Depreciation
At 1st February 2023 816,142
Charge for year 77,303
At 31st January 2024 893,445
Net book value
At 31st January 2024 132,013
At 31st January 2023 116,129

5. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31/1/24 31/1/23
value: £    £   
100 Ordinary 1 100 100