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REGISTERED NUMBER: 13522227 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2023 TO 31 OCTOBER 2024

FOR

FOX YARD BAR LIMITED

FOX YARD BAR LIMITED (REGISTERED NUMBER: 13522227)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2023 TO 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FOX YARD BAR LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 AUGUST 2023 TO 31 OCTOBER 2024







DIRECTOR: Mr M D Bell





REGISTERED OFFICE: Brambles Barn
Baylham
Ipswich
Suffolk
IP6 8JU





REGISTERED NUMBER: 13522227 (England and Wales)





ACCOUNTANTS: Twinn Accountants Limited
Suite 4, East Barton Barns
East Barton Road
Great Barton
Bury St. Edmunds
Suffolk
IP31 2QY

FOX YARD BAR LIMITED (REGISTERED NUMBER: 13522227)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 57,156

CURRENT ASSETS
Stocks 5 - 4,943
Debtors 6 - 3,825
Cash at bank 12,839 4,630
12,839 13,398
CREDITORS
Amounts falling due within one year 7 3,981 6,805
NET CURRENT ASSETS 8,858 6,593
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,858

63,749

CREDITORS
Amounts falling due after more than one
year

8

-

88,886
NET ASSETS/(LIABILITIES) 8,858 (25,137 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8,857 (25,138 )
SHAREHOLDERS' FUNDS 8,858 (25,137 )

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

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

FOX YARD BAR LIMITED (REGISTERED NUMBER: 13522227)

BALANCE SHEET - continued
31 OCTOBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 November 2024 and were signed by:





Mr M D Bell - Director


FOX YARD BAR LIMITED (REGISTERED NUMBER: 13522227)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2023 TO 31 OCTOBER 2024

1. STATUTORY INFORMATION

Fox Yard Bar 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.
Improvements to property - 10% on cost
Fixtures & fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

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.

FOX YARD BAR LIMITED (REGISTERED NUMBER: 13522227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued

Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the asset's fair value at the date of inception and the present value of minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of the capital and interest elements. The interest is charged to the profit and loss so as to produce a constant periodic rate of interest of the remaining balance of the liability.

Rentals payable under the operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Fixtures Computer
property & fittings equipment Totals
£    £    £    £   
COST
At 1 August 2023 55,422 15,987 532 71,941
Additions - 2,444 - 2,444
Disposals (55,422 ) (18,431 ) (532 ) (74,385 )
At 31 October 2024 - - - -
DEPRECIATION
At 1 August 2023 9,237 5,348 200 14,785
Charge for period 6,467 3,613 97 10,177
Eliminated on disposal (15,704 ) (8,961 ) (297 ) (24,962 )
At 31 October 2024 - - - -
NET BOOK VALUE
At 31 October 2024 - - - -
At 31 July 2023 46,185 10,639 332 57,156

5. STOCKS
2024 2023
£    £   
Stocks - 4,943

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 1,802
Prepayments - 2,023
- 3,825

FOX YARD BAR LIMITED (REGISTERED NUMBER: 13522227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 31 OCTOBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT 2,221 2,693
Other creditors - 142
Director's current account - 31
Accrued expenses 1,760 1,445
Deferred government grants - 2,494
3,981 6,805

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts owed to group undertakings - 70,600
Deferred government grants - 18,286
- 88,886

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year - 580