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REGISTERED NUMBER: 09829337 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

West Coast Chock Limited

West Coast Chock Limited (Registered number: 09829337)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


West Coast Chock Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr R E Wynne
Mrs G Wynne





REGISTERED OFFICE: 295/297 Church Street
Blackpool
Lancashire
FY1 3PJ





BUSINESS ADDRESS: 5/7 Abingdon Street
Blackpool
Lancashire
FY1 1DG





REGISTERED NUMBER: 09829337 (England and Wales)





ACCOUNTANTS: CCW Limited
Chartered Accountants
295/297 Church Street
Blackpool
Lancashire
FY1 3PJ

West Coast Chock Limited (Registered number: 09829337)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 276,640 517,333
Investment property 5 400,000 -
676,640 517,333

CURRENT ASSETS
Stocks 21,200 26,500
Debtors 6 66,046 8,329
Cash at bank and in hand 26,988 84,043
114,234 118,872
CREDITORS
Amounts falling due within one year 7 573,706 588,752
NET CURRENT LIABILITIES (459,472 ) (469,880 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

217,168

47,453

CREDITORS
Amounts falling due after more than one
year

8

(171,498

)

(204,312

)

PROVISIONS FOR LIABILITIES (15,960 ) -
NET ASSETS/(LIABILITIES) 29,710 (156,859 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 29,610 (156,959 )
SHAREHOLDERS' FUNDS 29,710 (156,859 )

West Coast Chock Limited (Registered number: 09829337)

Balance Sheet - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by:





Mr R E Wynne - Director


West Coast Chock Limited (Registered number: 09829337)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

West Coast Chock 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 as modified by the revaluation of certain assets.

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.
Freehold property - 2% on cost
Fixtures and equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 year 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 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.

West Coast Chock Limited (Registered number: 09829337)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

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 28 (2023 - 32 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Short and Motor
property leasehold equipment vehicles Totals
£    £    £    £    £   
COST
At 1 May 2023 426,519 75,273 205,666 7,650 715,108
Additions (6,481 ) - 4,949 - (1,532 )
Disposals - - (88,005 ) - (88,005 )
Reclassification/transfer (220,580 ) - - - (220,580 )
At 30 April 2024 199,458 75,273 122,610 7,650 404,991
DEPRECIATION
At 1 May 2023 51,322 8,981 133,498 3,974 197,775
Charge for year 8,531 3,011 19,279 919 31,740
Eliminated on disposal - - (73,224 ) - (73,224 )
Reclassification/transfer (27,940 ) - - - (27,940 )
At 30 April 2024 31,913 11,992 79,553 4,893 128,351
NET BOOK VALUE
At 30 April 2024 167,545 63,281 43,057 2,757 276,640
At 30 April 2023 375,197 66,292 72,168 3,676 517,333

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Revaluations 179,420
Reclassification/transfer 220,580
At 30 April 2024 400,000
DEPRECIATION
Revaluation adjustments (27,940 )
Reclassification/transfer 27,940
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 400,000

West Coast Chock Limited (Registered number: 09829337)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. INVESTMENT PROPERTY - continued

On the 11th March 2024 the Company ceased to trade from the Brew Room Public House, 139 Church Street Blackpool and it was leased out on a seven year lease from that date. Furthermore the Freehold was valued at £400,000 and a three year option to purchase the Freehold was granted to the tenant on the same date. This property has therefore been reclassified as an Investment property and revalued to £400,000.

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2024 400,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 66,046 8,329

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 15,168 15,398
Trade creditors 115,531 151,844
Taxation and social security 86,802 65,842
Other creditors 356,205 355,668
573,706 588,752

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 140,815 162,472
Other creditors 30,683 41,840
171,498 204,312

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 72,643 99,800

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans 119,349 135,214

The bank loans are secured on the freehold at 33 Birley Street, Blackpool.

West Coast Chock Limited (Registered number: 09829337)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

10. RELATED PARTY DISCLOSURES

Within creditors are amounts owed to Inville Limited £170,523 and Rosecross Limited £144,436, these companies are controlled by RE & G Wynne.