IRIS Accounts Production v24.3.0.553 12279048 director 1.11.21 31.10.22 31.10.22 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122790482021-10-31122790482022-10-31122790482021-11-012022-10-31122790482020-10-31122790482020-11-012021-10-31122790482021-10-3112279048ns15:EnglandWales2021-11-012022-10-3112279048ns14:PoundSterling2021-11-012022-10-3112279048ns10:Director12021-11-012022-10-3112279048ns10:PrivateLimitedCompanyLtd2021-11-012022-10-3112279048ns10:SmallEntities2021-11-012022-10-3112279048ns10:AuditExempt-NoAccountantsReport2021-11-012022-10-3112279048ns10:SmallCompaniesRegimeForDirectorsReport2021-11-012022-10-3112279048ns10:SmallCompaniesRegimeForAccounts2021-11-012022-10-3112279048ns10:FullAccounts2021-11-012022-10-3112279048ns10:OrdinaryShareClass12021-11-012022-10-3112279048ns10:RegisteredOffice2021-11-012022-10-3112279048ns5:CurrentFinancialInstruments2022-10-3112279048ns5:CurrentFinancialInstruments2021-10-3112279048ns5:Non-currentFinancialInstruments2022-10-3112279048ns5:Non-currentFinancialInstruments2021-10-3112279048ns5:ShareCapital2022-10-3112279048ns5:ShareCapital2021-10-3112279048ns5:RetainedEarningsAccumulatedLosses2022-10-3112279048ns5:RetainedEarningsAccumulatedLosses2021-10-3112279048ns5:FurnitureFittings2021-11-012022-10-3112279048ns5:MotorVehicles2021-11-012022-10-3112279048ns5:ComputerEquipment2021-11-012022-10-3112279048ns5:PlantMachinery2021-10-3112279048ns5:PlantMachinery2021-11-012022-10-3112279048ns5:PlantMachinery2022-10-3112279048ns5:PlantMachinery2021-10-3112279048ns5:WithinOneYearns5:CurrentFinancialInstruments2022-10-3112279048ns5:WithinOneYearns5:CurrentFinancialInstruments2021-10-3112279048ns10:OrdinaryShareClass12022-10-31122790481ns10:Director12021-10-31122790481ns10:Director12020-10-31122790481ns10:Director12021-11-012022-10-31122790481ns10:Director12020-11-012021-10-31122790481ns10:Director12022-10-31122790481ns10:Director12021-10-31
REGISTERED NUMBER: 12279048 (England and Wales)















TEAM STEAM PUB COMPANY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST OCTOBER 2022






TEAM STEAM PUB COMPANY LTD (REGISTERED NUMBER: 12279048)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2022










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


TEAM STEAM PUB COMPANY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2022







DIRECTOR: Mr S J Griffiths





REGISTERED OFFICE: Steam Railway Pub
Newport Street
SWINDON
Wiltshire
SN1 3DX





REGISTERED NUMBER: 12279048 (England and Wales)





ACCOUNTANTS: Morris Owen
Chartered Accountants
43-45 Devizes Road
SWINDON
Wiltshire
SN1 4BG

TEAM STEAM PUB COMPANY LTD (REGISTERED NUMBER: 12279048)

STATEMENT OF FINANCIAL POSITION
31ST OCTOBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,216 15,197

CURRENT ASSETS
Debtors 5 16,987 26,751
Cash at bank and in hand 2,546 4,389
19,533 31,140
CREDITORS
Amounts falling due within one year 6 34,931 21,444
NET CURRENT (LIABILITIES)/ASSETS (15,398 ) 9,696
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,182

)

24,893

CREDITORS
Amounts falling due after more than one
year

7

(15,407

)

(21,500

)

PROVISIONS FOR LIABILITIES (2,321 ) (2,887 )
NET (LIABILITIES)/ASSETS (20,910 ) 506

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (20,912 ) 504
SHAREHOLDERS' FUNDS (20,910 ) 506

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2022 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.

TEAM STEAM PUB COMPANY LTD (REGISTERED NUMBER: 12279048)

STATEMENT OF FINANCIAL POSITION - continued
31ST OCTOBER 2022


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

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 23rd October 2024 and were signed by:





Mr S J Griffiths - Director


TEAM STEAM PUB COMPANY LTD (REGISTERED NUMBER: 12279048)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2022


1. STATUTORY INFORMATION

Team Steam Pub Company Ltd is a private company, limited by shares, registered in England & Wales.

The company's registered number is 12279048.

The company's registered office is Steam Railway Pub, Newport Street, Swindon, England SN1 3DX.

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.
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

TEAM STEAM PUB COMPANY LTD (REGISTERED NUMBER: 12279048)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2022


2. ACCOUNTING POLICIES - continued

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 4 (2021 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st November 2021
and 31st October 2022 16,951
DEPRECIATION
At 1st November 2021 1,754
Charge for year 2,981
At 31st October 2022 4,735
NET BOOK VALUE
At 31st October 2022 12,216
At 31st October 2021 15,197

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 16,987 26,751

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 6,389 6,031
Taxation and social security 26,248 14,659
Other creditors 2,294 754
34,931 21,444

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 15,407 21,500

TEAM STEAM PUB COMPANY LTD (REGISTERED NUMBER: 12279048)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2022


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
2 Ordinary £1 2 2

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st October 2022 and 31st October 2021:

2022 2021
£    £   
Mr S J Griffiths
Balance outstanding at start of year 15,243 4,577
Amounts advanced 50,902 10,666
Amounts repaid (57,113 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,032 15,243