1 February 2023 false No description of principal activity Taxfiler 2024.5 SC467125business:PrivateLimitedCompanyLtd2023-02-012024-01-31 SC4671252023-01-31 SC4671252023-02-012024-01-31 SC467125business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 SC467125business:FilletedAccounts2023-02-012024-01-31 SC4671252024-01-31 SC4671252023-01-31 SC467125core:WithinOneYear2024-01-31 SC467125core:WithinOneYear2023-01-31 SC467125core:AfterOneYear2024-01-31 SC467125core:AfterOneYear2023-01-31 SC467125core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 SC467125core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 SC467125core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 SC467125core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 SC467125core:PreviouslyStatedAmount2024-01-31 SC467125core:PreviouslyStatedAmount2023-01-31 SC467125business:SmallEntities2023-02-012024-01-31 SC467125business:Director12023-02-012024-01-31 SC467125countries:Scotland2023-02-012024-01-31 SC467125business:RegisteredOffice2023-02-012024-01-31 SC467125core:LandBuildings2023-02-012024-01-31 SC467125core:FurnitureFittings2023-02-012024-01-31 SC467125core:LandBuildings2023-01-31 SC467125core:FurnitureFittings2023-01-31 SC467125core:LandBuildings2024-01-31 SC467125core:FurnitureFittings2024-01-31 SC4671252022-02-012023-01-31 iso4217:GBP xbrli:pure
OK PUB LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
348,390 
342,013 
Current assets
Inventories
4,618 
3,445 
Cash at bank and in hand
78,073 
54,523 
82,691 
57,968 
Creditors: amounts falling due within one year
(342,932)
(336,056)
Net current liabilities
(260,241)
(278,088)
Total assets less current liabilities
88,149 
63,925 
Creditors: amounts falling due after more than one year
(38,944)
(75,967)
Net assets/(liabilities)
49,205 
(12,042)
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
39,205 
(22,042)
Shareholders' funds
49,205 
(12,042)
For the year ending 31 January 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by
Gregor Baillie Director Company Registration No. SC467125
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OK PUB LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
OK PUB LIMITED is a private company, limited by shares, registered in Scotland, registration number SC467125. The registered office is THE TWISTED THISTLE 316 DUMBARTON ROAD, OLD KILPATRICK, GLASGOW, G60 5JH, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
368,088 
186,727 
554,815 
Additions
- 
19,448 
19,448 
At 31 January 2024
368,088 
206,175 
574,263 
Depreciation
At 1 February 2023
63,725 
149,077 
212,802 
Charge for the year
7,362 
5,709 
13,071 
At 31 January 2024
71,087 
154,786 
225,873 
Net book value
At 31 January 2024
297,001 
51,389 
348,390 
At 31 January 2023
304,363 
37,650 
342,013 
- 2 -
OK PUB LIMITED Notes to the Accounts for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
43,664 
46,270 
Taxes and social security
26,179 
6,883 
Other creditors
12,384 
19,901 
Loans from directors
251,228 
251,228 
Accruals
9,477 
11,774 
342,932 
336,056 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
38,944 
75,967 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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