Twine and Barrel Limited 11676337 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is operating a bar and restaurant. Digita Accounts Production Advanced 6.30.9574.0 true 11676337 2023-02-01 2024-01-31 11676337 2024-01-31 11676337 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 11676337 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 11676337 bus:Micro-entities 2023-02-01 2024-01-31 11676337 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11676337 bus:FilletedAccounts 2023-02-01 2024-01-31 11676337 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11676337 bus:RegisteredOffice 2023-02-01 2024-01-31 11676337 bus:Director1 2023-02-01 2024-01-31 11676337 bus:Director2 2023-02-01 2024-01-31 11676337 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11676337 countries:EnglandWales 2023-02-01 2024-01-31 11676337 2021-10-01 2023-01-31 11676337 2023-01-31 11676337 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11676337 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 11676337

Twine and Barrel Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2024

 

Twine and Barrel Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

2

 

Twine and Barrel Limited

(Registration number: 11676337)
Balance Sheet as at 31 January 2024

2024
£

2023
£

Fixed assets

172,384

197,577

Current assets

-

156

Creditors: Amounts falling due within one year

(370,690)

(360,089)

Net current liabilities

(370,690)

(359,933)

Total assets less current liabilities

(198,306)

(162,356)

Creditors: Amounts falling due after more than one year

(38,798)

(43,750)

Accruals and deferred income

(4,350)

(4,350)

 

(241,454)

(210,456)

Capital and reserves

(241,454)

(210,456)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 31 October 2024 and signed on its behalf by:
 

.........................................
Mr Roger William Mann
Director

.........................................
Mr Richard Brosenitz
Director

 
     
 

Twine and Barrel Limited

(Registration number: 11676337)
Balance Sheet as at 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Twine & Barrel
Hull Road
Dunnington
York
YO19 5LP

These financial statements were authorised for issue by the Board on 31 October 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

With the permanent closure of the business, the plant and machinery, and equipment have been subject to an impairment review to reduce them down to their realisible value.

Going Concern

The Company suspended trading on 4th January 2023, in order for the directors to review the financial position and the trading profitability of the business.

Following that review, it was identifed that the business was not viable due the increased operating costs (particularly in the areas of produce, energy, etc) and the reduced consumer spending; the directors decided to permantly close the business on 31st March 2023.

The directors have been taking the steps to dispose of available assets to generate funds to make payments to the suppliers and other creditors.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 12).

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.