Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2truetrue2023-02-01false 14585576 2023-01-31 14585576 2023-02-01 2024-03-31 14585576 2022-02-01 2023-01-31 14585576 2024-03-31 14585576 c:Director1 2023-02-01 2024-03-31 14585576 d:Buildings d:LongLeaseholdAssets 2023-02-01 2024-03-31 14585576 d:Buildings d:LongLeaseholdAssets 2024-03-31 14585576 d:PlantMachinery 2023-02-01 2024-03-31 14585576 d:PlantMachinery 2024-03-31 14585576 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-02-01 2024-03-31 14585576 d:OwnedOrFreeholdAssets 2023-02-01 2024-03-31 14585576 d:CurrentFinancialInstruments 2024-03-31 14585576 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14585576 d:ShareCapital 2024-03-31 14585576 d:RetainedEarningsAccumulatedLosses 2024-03-31 14585576 c:FRS102 2023-02-01 2024-03-31 14585576 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-03-31 14585576 c:FullAccounts 2023-02-01 2024-03-31 14585576 c:PrivateLimitedCompanyLtd 2023-02-01 2024-03-31 14585576 e:PoundSterling 2023-02-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 14585576









ORIOLE BAR LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
ORIOLE BAR LTD
REGISTERED NUMBER: 14585576

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
25,706

  
25,706

Current assets
  

Debtors: amounts falling due within one year
 5 
172,317

  
172,317

Creditors: amounts falling due within one year
 6 
(216,889)

Net current (liabilities)/assets
  
 
 
(44,572)

Total assets less current liabilities
  
(18,866)

  

Net (liabilities)/assets
  
(18,866)


Capital and reserves
  

Called up share capital 
  
8

Profit and loss account
  
(18,874)

  
(18,866)


Page 1

 
ORIOLE BAR LTD
REGISTERED NUMBER: 14585576
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




E Weil
Director

Date: 22 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ORIOLE BAR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Oriole Bar Ltd is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is Ground Floor, 45 Pall Mall, London, SW1Y 5JG.
The company's principal activity is that of public houses and bars.
The financial statements are presented in sterling which is the functional currency of the company and
rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
ORIOLE BAR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Leasehold improvements
-
over the term of the lease
Plant and machinery
-
25%
reducing balance

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less
costs to complete and sell. Cost is based on an actual basis.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying
amount is reduced to its selling price less costs to complete and sell. The impairment loss is
recognised immediately in the profit or loss.

Page 4

 
ORIOLE BAR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the period was 2.


4.


Tangible fixed assets





Leasehold improvements
Plant and machinery
Total

£
£
£



Cost or valuation


Additions
5,758
20,433
26,191



At 31 March 2024

5,758
20,433
26,191



Depreciation


Charge for the period on owned assets
-
485
485



At 31 March 2024

-
485
485



Net book value



At 31 March 2024
5,758
19,948
25,706

Page 5

 
ORIOLE BAR LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Debtors

2024
£


Other debtors
81,170

Called up share capital not paid
8

Prepayments and accrued income
91,139

172,317



6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
1,020

Amounts owed to related parties
157,542

Accruals and deferred income
58,327

216,889



7.


Related party transactions

At the balance sheet date, the company owed £157,542 from Speakeasy Entertainment Limited, a
company of which Mr E Weil and Mrs R Stimpson are directors and shareholders.

 
Page 6