REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH NOVEMBER 2024 |
FOR |
THE HOP & VINE BAR LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH NOVEMBER 2024 |
FOR |
THE HOP & VINE BAR LIMITED |
THE HOP & VINE BAR LIMITED (REGISTERED NUMBER: 10340048) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH NOVEMBER 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
THE HOP & VINE BAR LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH NOVEMBER 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
39 The Metro Centre |
Tolpits Lane |
Watford |
Hertfordshire |
WD18 9SB |
THE HOP & VINE BAR LIMITED (REGISTERED NUMBER: 10340048) |
BALANCE SHEET |
30TH NOVEMBER 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
PROVISIONS FOR LIABILITIES |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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 HOP & VINE BAR LIMITED (REGISTERED NUMBER: 10340048) |
BALANCE SHEET - continued |
30TH NOVEMBER 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
THE HOP & VINE BAR LIMITED (REGISTERED NUMBER: 10340048) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH NOVEMBER 2024 |
1. | STATUTORY INFORMATION |
The Hop & Vine Bar Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on the going concern basis, on the assumption that the company will continue to trade for the foreseeable future, despite it having net current liabilities of £4,449 (2023 - £21,877) as at the balance sheet date. |
The directors consider the going concern basis to be appropriate as, in their opinion, the company will be able to secure sufficient funding to enable it to pay its debts as they fall due. |
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 |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
THE HOP & VINE BAR LIMITED (REGISTERED NUMBER: 10340048) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH NOVEMBER 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 1st December 2023 |
Additions |
At 30th November 2024 |
DEPRECIATION |
At 1st December 2023 |
Charge for year |
At 30th November 2024 |
NET BOOK VALUE |
At 30th November 2024 |
At 30th November 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
VAT |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Social security and other taxes |
VAT | - | 4,468 |
Directors' current accounts | 60,527 | 56,319 |
7. | LEASING AGREEMENTS |
As at the balance sheet date, the company had commitments under non-cancellable operating leases, not provided for in the financial statements, totalling £227,375 (2023 - £252,875). |
8. | RELATED PARTY DISCLOSURES |
The directors' loan account balances of £60,527 (2023 - £56,319) have no fixed date for repayment, are repayable upon demand and are non-interest bearing. |