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REGISTERED NUMBER: 06907526 (England and Wales)















SPECIAL BAR SERVICE LTD

Unaudited Financial Statements for the Year Ended 31 May 2024






SPECIAL BAR SERVICE LTD (REGISTERED NUMBER: 06907526)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


SPECIAL BAR SERVICE LTD

Company Information
for the year ended 31 May 2024







Directors: S J Ashby
P A Davis





Registered office: Sbs Basecamp Buildings 5b & C
Pershore Trading Estate
Pershore
WR10 2DD





Registered number: 06907526 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
4th Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

SPECIAL BAR SERVICE LTD (REGISTERED NUMBER: 06907526)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 471,231 374,419

Current assets
Debtors 5 724,342 851,794
Cash at bank 859,725 892,622
1,584,067 1,744,416
Creditors
Amounts falling due within one year 6 346,454 410,076
Net current assets 1,237,613 1,334,340
Total assets less current liabilities 1,708,844 1,708,759

Provisions for liabilities 101,930 58,302
Net assets 1,606,914 1,650,457

Capital and reserves
Called up share capital 7 100 100
Retained earnings 1,606,814 1,650,357
Shareholders' funds 1,606,914 1,650,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 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 26 February 2025 and were signed on its behalf by:





P A Davis - Director


SPECIAL BAR SERVICE LTD (REGISTERED NUMBER: 06907526)

Notes to the Financial Statements
for the year ended 31 May 2024

1. Statutory information

Special Bar Service 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 recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of turnover can be measured reliably;
- it is probable that the company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold Improvements 25% reducing balance
Vehicles 25% reducing balance
Fixture and fittings 25% reducing balance
Computer equipment 33% reducing balance
Plant and equipment 25% reducing balance

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.

3. Employees and directors

The average number of employees during the year was 25 (2023 - 23 ) .

SPECIAL BAR SERVICE LTD (REGISTERED NUMBER: 06907526)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

4. Tangible fixed assets
Fixtures
Leasehold Plant and and
improvements machinery fittings
£    £    £   
Cost
At 1 June 2023 49,823 414,455 47,511
Additions 1,021 1,335 97,527
At 31 May 2024 50,844 415,790 145,038
Depreciation
At 1 June 2023 29,404 269,862 20,533
Charge for year 5,360 36,506 31,127
At 31 May 2024 34,764 306,368 51,660
Net book value
At 31 May 2024 16,080 109,422 93,378
At 31 May 2023 20,419 144,593 26,978

Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 June 2023 386,194 66,001 963,984
Additions 156,269 550 256,702
At 31 May 2024 542,463 66,551 1,220,686
Depreciation
At 1 June 2023 229,283 40,483 589,565
Charge for year 78,295 8,602 159,890
At 31 May 2024 307,578 49,085 749,455
Net book value
At 31 May 2024 234,885 17,466 471,231
At 31 May 2023 156,911 25,518 374,419

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 507,388 832,043
Doubtful debts (10,000 ) (10,000 )
Other debtors 4,382 5,982
Prepayments 29,285 23,769
Accrued income 193,287 -
724,342 851,794

SPECIAL BAR SERVICE LTD (REGISTERED NUMBER: 06907526)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts - 33,568
Trade creditors 52,062 43,525
Tax 46,559 52,829
Social security and other taxes 8,103 (24,352 )
VAT 100,028 108,340
Other creditors 78,051 78,014
Credit card 5,473 19,352
Directors' current accounts 53,178 95,800
Accrued expenses 3,000 3,000
346,454 410,076

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100