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REGISTERED NUMBER: 11923204 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

ALPACA BARS LTD

ALPACA BARS LTD (REGISTERED NUMBER: 11923204)






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


ALPACA BARS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: M S J Heap
L D Owen
N D Pring





SECRETARY: L D Owen





REGISTERED OFFICE: The Alpaca
84-86 Essex Road
London
N1 8LU





REGISTERED NUMBER: 11923204 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

ALPACA BARS LTD (REGISTERED NUMBER: 11923204)

BALANCE SHEET
30 APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 126,296 159,080

CURRENT ASSETS
Stocks 28,857 22,193
Debtors 5 83,776 81,694
Cash at bank and in hand 476,997 316,170
589,630 420,057
CREDITORS
Amounts falling due within one year 6 467,873 272,147
NET CURRENT ASSETS 121,757 147,910
TOTAL ASSETS LESS CURRENT
LIABILITIES

248,053

306,990

CREDITORS
Amounts falling due after more than one
year

7

(12,558

)

(22,643

)

PROVISIONS FOR LIABILITIES (26,497 ) (33,579 )
NET ASSETS 208,998 250,768

CAPITAL AND RESERVES
Called up share capital 40 40
Share premium 19,980 19,980
Retained earnings 188,978 230,748
SHAREHOLDERS' FUNDS 208,998 250,768

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.

ALPACA BARS LTD (REGISTERED NUMBER: 11923204)

BALANCE SHEET - continued
30 APRIL 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 Board of Directors and authorised for issue on 23 January 2025 and were signed on its behalf by:





L D Owen - Director


ALPACA BARS LTD (REGISTERED NUMBER: 11923204)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Alpaca Bars Ltd 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 and is mainly derived from bar and kitchen sales, after deducting discounts and value added tax. Turnover is recognised at the point of sale

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - straight line over period of lease
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Tangible fixed assets are stated at historical cost less accumulated depreciation and any 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

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.

ALPACA BARS LTD (REGISTERED NUMBER: 11923204)

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.

Going concern
The directors have a reasonable expectation that the company possesses sufficient resources to continue in operational existence for the foreseeable future. Thus, the going concern policy of accounting has been adopted in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 93,145 216,220 309,365
Additions 2,123 16,256 18,379
At 30 April 2024 95,268 232,476 327,744
DEPRECIATION
At 1 May 2023 18,568 131,717 150,285
Charge for year 6,159 45,004 51,163
At 30 April 2024 24,727 176,721 201,448
NET BOOK VALUE
At 30 April 2024 70,541 55,755 126,296
At 30 April 2023 74,577 84,503 159,080

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Other debtors 83,776 81,694

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 120,206 51,068
Taxation and social security 114,747 112,756
Other creditors 222,920 98,323
467,873 272,147

ALPACA BARS LTD (REGISTERED NUMBER: 11923204)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/24 30/4/23
£    £   
Bank loans 12,558 22,643

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30/4/24 30/4/23
£    £   
Within one year 115,000 115,000
Between one and five years 460,000 460,000
In more than five years 575,000 690,000
1,150,000 1,265,000

9. RELATED PARTY DISCLOSURES

During the year the company incurred Management Charges of £20,000 (2023: £20,000) from Urban Pubs & Bars Limited, a company under common control.