DRVC Bars Limited 14900299 false 2023-05-29 2024-05-31 2024-05-31 The principal activity of the company is that of a public house. Digita Accounts Production Advanced 6.30.9574.0 true 14900299 2023-05-29 2024-05-31 14900299 2024-05-31 14900299 core:CurrentFinancialInstruments 2024-05-31 14900299 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 14900299 bus:SmallEntities 2023-05-29 2024-05-31 14900299 bus:AuditExemptWithAccountantsReport 2023-05-29 2024-05-31 14900299 bus:FilletedAccounts 2023-05-29 2024-05-31 14900299 bus:SmallCompaniesRegimeForAccounts 2023-05-29 2024-05-31 14900299 bus:RegisteredOffice 2023-05-29 2024-05-31 14900299 bus:Director1 2023-05-29 2024-05-31 14900299 bus:PrivateLimitedCompanyLtd 2023-05-29 2024-05-31 14900299 countries:EnglandWales 2023-05-29 2024-05-31 iso4217:GBP xbrli:pure

Registration number: 14900299

DRVC Bars Limited

Unaudited Filleted Financial Statements

for the Period from 29 May 2023 to 31 May 2024

 

DRVC Bars Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

DRVC Bars Limited

(Registration number: 14900299)
Balance Sheet as at 31 May 2024

Note

2024
£

Current assets

 

Debtors

4

1,806

Cash at bank and in hand

 

33,129

 

34,935

Creditors: Amounts falling due within one year

5

(22,307)

Net assets

 

12,628

Capital and reserves

 

Called up share capital

1

Retained earnings

12,627

Shareholders' funds

 

12,628

For the financial period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 October 2024
 

.........................................
Mr D Cheal
Director

 

DRVC Bars Limited

Notes to the Unaudited Financial Statements for the Period from 29 May 2023 to 31 May 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:
22-24 High Street
Thatcham
Berkshire
RG19 3JD

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of bar management services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

DRVC Bars Limited

Notes to the Unaudited Financial Statements for the Period from 29 May 2023 to 31 May 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 11.

4

Debtors

Current

2024
£

Other debtors

1,806

 

1,806

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Trade creditors

114

Taxation and social security

20,332

Other creditors

1,861

22,307