The Table (Woodbridge) Limited 07969239 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is running of a public house and restaurant Digita Accounts Production Advanced 6.30.9574.0 true true 07969239 2023-03-01 2024-02-29 07969239 2024-02-29 07969239 core:CurrentFinancialInstruments 2024-02-29 07969239 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 07969239 core:Non-currentFinancialInstruments 2024-02-29 07969239 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-29 07969239 core:FurnitureFittingsToolsEquipment 2024-02-29 07969239 core:MotorVehicles 2024-02-29 07969239 core:OtherPropertyPlantEquipment 2024-02-29 07969239 bus:SmallEntities 2023-03-01 2024-02-29 07969239 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 07969239 bus:FilletedAccounts 2023-03-01 2024-02-29 07969239 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 07969239 bus:RegisteredOffice 2023-03-01 2024-02-29 07969239 bus:Director1 2023-03-01 2024-02-29 07969239 bus:Director2 2023-03-01 2024-02-29 07969239 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07969239 core:FurnitureFittingsToolsEquipment 2023-03-01 2024-02-29 07969239 core:MotorVehicles 2023-03-01 2024-02-29 07969239 core:OtherPropertyPlantEquipment 2023-03-01 2024-02-29 07969239 core:PlantMachinery 2023-03-01 2024-02-29 07969239 countries:England 2023-03-01 2024-02-29 07969239 2023-02-28 07969239 core:FurnitureFittingsToolsEquipment 2023-02-28 07969239 core:MotorVehicles 2023-02-28 07969239 core:OtherPropertyPlantEquipment 2023-02-28 07969239 2022-03-01 2023-02-28 07969239 2023-02-28 07969239 core:CurrentFinancialInstruments 2023-02-28 07969239 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 07969239 core:Non-currentFinancialInstruments 2023-02-28 07969239 core:Non-currentFinancialInstruments core:AfterOneYear 2023-02-28 07969239 core:FurnitureFittingsToolsEquipment 2023-02-28 07969239 core:MotorVehicles 2023-02-28 07969239 core:OtherPropertyPlantEquipment 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 07969239

The Table (Woodbridge) Limited

Unaudited Filleted Financial Statements

for the Year Ended 29 February 2024

 

The Table (Woodbridge) Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

The Table (Woodbridge) Limited

(Registration number: 07969239)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

26,051

28,819

Current assets

 

Stocks

5

7,338

7,816

Debtors

6

1,114

1,111

Cash at bank and in hand

 

7,139

19,975

 

15,591

28,902

Creditors: Amounts falling due within one year

7

(159,863)

(107,646)

Net current liabilities

 

(144,272)

(78,744)

Total assets less current liabilities

 

(118,221)

(49,925)

Creditors: Amounts falling due after more than one year

7

(10,772)

(20,608)

Net liabilities

 

(128,993)

(70,533)

Capital and reserves

 

Called up share capital

3

3

Retained earnings

(128,996)

(70,536)

Shareholders' deficit

 

(128,993)

(70,533)

 

The Table (Woodbridge) Limited

(Registration number: 07969239)
Balance Sheet as at 29 February 2024

For the financial year ending 29 February 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.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 October 2024 and signed on its behalf by:
 

.........................................
Mr V Blackmore
Director

.........................................
Ms C A Singleton
Director

 

The Table (Woodbridge) Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

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

The address of its registered office is:
1st Floor
143 Connaught Avenue
Frinton On Sea
Essex
CO13 9AB
England

These financial statements were authorised for issue by the Board on 21 October 2024.

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.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to give financial support to the company for twelve months from the date of signing these accounts.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

 

The Table (Woodbridge) Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

10% Reducing balance

Motor vehicles

25% Straight line

 

The Table (Woodbridge) Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 18 (2023 - 18).

 

The Table (Woodbridge) Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 March 2023

3,712

17,500

52,562

73,774

At 29 February 2024

3,712

17,500

52,562

73,774

Depreciation

At 1 March 2023

1,485

12,500

30,822

44,807

Charge for the year

742

-

2,174

2,916

At 29 February 2024

2,227

12,500

32,996

47,723

Carrying amount

At 29 February 2024

1,485

5,000

19,566

26,051

At 28 February 2023

2,227

5,000

21,592

28,819

5

Stocks

2024
£

2023
£

Finished goods and goods for resale

7,338

7,816

6

Debtors

Current

Note

2024
£

2023
£

Trade debtors

 

1,114

-

Amounts owed by related parties

-

263

Prepayments

 

-

598

Other debtors

 

-

250

   

1,114

1,111

 

The Table (Woodbridge) Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

10,718

10,968

Trade creditors

 

11,974

32,331

Amounts owed to group undertakings and undertakings in which the company has a participating interest

113,700

33,822

Taxation and social security

 

13,528

22,416

Accruals and deferred income

 

-

7,925

Other creditors

 

9,943

184

 

159,863

107,646

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

10,772

20,608

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

10,772

20,608

Current loans and borrowings

2024
£

2023
£

Bank borrowings

10,718

10,968