Company Registration No. 10620026 (England and Wales)
Little Teapot Taverns Limited
Unaudited accounts
for the year ended 29 February 2024
Little Teapot Taverns Limited
Unaudited accounts
Contents
Little Teapot Taverns Limited
Company Information
for the year ended 29 February 2024
Company Number
10620026 (England and Wales)
Registered Office
20 DEVEREUX COURT
LONDON
WC2R 3JJ
UNITED KINGDOM
Accountants
Addition Financial Limited
The Office Group
1 Lyric Square
Hammersmith
London
W6 0NB
Little Teapot Taverns Limited
Statement of financial position
as at 29 February 2024
Tangible assets
17,878
14,324
Cash at bank and in hand
29,391
62,158
Creditors: amounts falling due within one year
(55,775)
(141,297)
Net current (liabilities)/assets
(9,722)
11,972
Total assets less current liabilities
8,156
26,296
Creditors: amounts falling due after more than one year
(23,188)
(32,253)
Net liabilities
(15,032)
(5,957)
Called up share capital
250,000
250,000
Profit and loss account
(265,032)
(255,957)
Shareholders' funds
(15,032)
(5,957)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 February 2025 and were signed on its behalf by
Tony Bennett
Director
Company Registration No. 10620026
Little Teapot Taverns Limited
Notes to the Accounts
for the year ended 29 February 2024
Little Teapot Taverns Limited is a private company, limited by shares, registered in England and Wales, registration number 10620026. The registered office is 20 DEVEREUX COURT, LONDON, WC2R 3JJ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
-
147,055
3,440
150,495
Additions
15,990
-
-
15,990
At 29 February 2024
15,990
147,055
3,440
166,485
At 1 March 2023
-
133,419
2,752
136,171
Charge for the year
769
10,979
688
12,436
At 29 February 2024
769
144,398
3,440
148,607
At 29 February 2024
15,221
2,657
-
17,878
At 28 February 2023
-
13,636
688
14,324
Little Teapot Taverns Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Accrued income and prepayments
-
72,533
Other debtors
10,223
9,282
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,170
30,000
Obligations under finance leases and hire purchase contracts
8,977
-
Trade creditors
25,018
57,952
Taxes and social security
-
133
Loans from directors
10,168
50,666
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
9,229
-
8
Average number of employees
During the year the average number of employees was 6 (2023: 5).