IRIS Accounts Production v24.3.2.46 05624981 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh056249812023-04-30056249812024-04-30056249812023-05-012024-04-30056249812022-04-30056249812022-05-012023-04-30056249812023-04-3005624981ns15:EnglandWales2023-05-012024-04-3005624981ns14:PoundSterling2023-05-012024-04-3005624981ns10:Director12023-05-012024-04-3005624981ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3005624981ns10:SmallEntities2023-05-012024-04-3005624981ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3005624981ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3005624981ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3005624981ns10:FullAccounts2023-05-012024-04-300562498112023-05-012024-04-3005624981ns10:Director22023-05-012024-04-3005624981ns10:RegisteredOffice2023-05-012024-04-3005624981ns5:CurrentFinancialInstruments2024-04-3005624981ns5:CurrentFinancialInstruments2023-04-3005624981ns5:Non-currentFinancialInstruments2024-04-3005624981ns5:Non-currentFinancialInstruments2023-04-3005624981ns5:ShareCapital2024-04-3005624981ns5:ShareCapital2023-04-3005624981ns5:RetainedEarningsAccumulatedLosses2024-04-3005624981ns5:RetainedEarningsAccumulatedLosses2023-04-3005624981ns5:NetGoodwill2023-05-012024-04-3005624981ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3005624981ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-05-012024-04-3005624981ns5:PlantMachinery2023-05-012024-04-3005624981ns5:FurnitureFittings2023-05-012024-04-3005624981ns5:MotorVehicles2023-05-012024-04-3005624981ns5:NetGoodwill2023-04-3005624981ns5:NetGoodwill2024-04-3005624981ns5:NetGoodwill2023-04-3005624981ns5:LandBuildings2023-04-3005624981ns5:PlantMachinery2023-04-3005624981ns5:FurnitureFittings2023-04-3005624981ns5:MotorVehicles2023-04-3005624981ns5:LandBuildings2023-05-012024-04-3005624981ns5:LandBuildings2024-04-3005624981ns5:PlantMachinery2024-04-3005624981ns5:FurnitureFittings2024-04-3005624981ns5:MotorVehicles2024-04-3005624981ns5:LandBuildings2023-04-3005624981ns5:PlantMachinery2023-04-3005624981ns5:FurnitureFittings2023-04-3005624981ns5:MotorVehicles2023-04-3005624981ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-04-3005624981ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-3005624981ns5:Secured2024-04-3005624981ns5:Secured2023-04-30
REGISTERED NUMBER: 05624981 (England and Wales)




















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

THE BARTY PARTY COMPANY LIMITED
TRADING AS
THE WHEATSHEAF

THE BARTY PARTY COMPANY LIMITED (REGISTERED NUMBER: 05624981)
TRADING AS THE WHEATSHEAF






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


THE BARTY PARTY COMPANY LIMITED
TRADING AS THE WHEATSHEAF

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mrs A Barton
Mr J Barton





REGISTERED OFFICE: The Wheatsheaf
Combe Hay
BATH
Avon
BA2 7EG





REGISTERED NUMBER: 05624981 (England and Wales)





ACCOUNTANTS: PG Owen Limited
Chartered Accountants
124 High Street
Midsomer Norton
Bath
Avon
BA3 2DA

THE BARTY PARTY COMPANY LIMITED (REGISTERED NUMBER: 05624981)
TRADING AS THE WHEATSHEAF

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 407,899 446,968
407,899 446,968

CURRENT ASSETS
Stocks 5,500 5,750
Cash at bank 16 43,325
5,516 49,075
CREDITORS
Amounts falling due within one year 6 542,681 518,505
NET CURRENT LIABILITIES (537,165 ) (469,430 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(129,266

)

(22,462

)

CREDITORS
Amounts falling due after more than one
year

7

(424,859

)

(456,588

)

PROVISIONS FOR LIABILITIES - (1,683 )
NET LIABILITIES (554,125 ) (480,733 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (554,225 ) (480,833 )
SHAREHOLDERS' FUNDS (554,125 ) (480,733 )

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 BARTY PARTY COMPANY LIMITED (REGISTERED NUMBER: 05624981)
TRADING AS THE WHEATSHEAF

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 10 January 2025 and were signed on its behalf by:





Mrs A Barton - Director


THE BARTY PARTY COMPANY LIMITED (REGISTERED NUMBER: 05624981)
TRADING AS THE WHEATSHEAF

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

1. STATUTORY INFORMATION

The Barty Party Company 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.

Turnover
Turnover represents amounts receivable for restaurant and accommodation services supplied in the year, including the provision of accommodation and related guest services, bar and restaurant sales, net applicable of Value Added Tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of three years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 4% on cost
Plant and equipment - 25% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 50% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 accounts have been prepared on a going concern basis. The company's liabilities exceeded its assets at the end of the year end. The company is reliant upon the support of the directors and the bank, and the directors are not aware of any reasons why this support will not continue. In the directors' opinion, it is appropriate to continue to prepare accounts on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 15 ) .

THE BARTY PARTY COMPANY LIMITED (REGISTERED NUMBER: 05624981)
TRADING AS THE WHEATSHEAF

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 157,500
AMORTISATION
At 1 May 2023
and 30 April 2024 157,500
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property equipment fittings vehicles Totals
£    £    £    £    £   
COST
At 1 May 2023 1,145,745 50,847 113,581 500 1,310,673
Additions - 7,669 - - 7,669
At 30 April 2024 1,145,745 58,516 113,581 500 1,318,342
DEPRECIATION
At 1 May 2023 713,417 46,159 103,629 500 863,705
Charge for year 38,230 4,055 4,453 - 46,738
At 30 April 2024 751,647 50,214 108,082 500 910,443
NET BOOK VALUE
At 30 April 2024 394,098 8,302 5,499 - 407,899
At 30 April 2023 432,328 4,688 9,952 - 446,968

Freehold property contains land valued at £95,000, which has not been depreciated.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 49,774 46,754
Trade creditors 76,626 57,126
Tax 34,422 30,106
Social security and other taxes 329,905 231,718
Other creditors 786 738
Directors' current accounts 45,261 144,794
Accrued expenses 5,907 7,269
542,681 518,505

THE BARTY PARTY COMPANY LIMITED (REGISTERED NUMBER: 05624981)
TRADING AS THE WHEATSHEAF

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 424,859 456,588

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 464,100 503,342

The bank loan is secured by a charge over the company's freehold premises.