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REGISTERED NUMBER: 04604581 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Heroes Bar Limited

Heroes Bar Limited (Registered number: 04604581)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Heroes Bar Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Miss S Patterson
Mrs N J Mazzocchi





SECRETARY: R C Mazzocchi





REGISTERED OFFICE: Britannia Court
5 Moor Street,
Worcester
Worcestershire
WR1 3DB





REGISTERED NUMBER: 04604581 (England and Wales)





ACCOUNTANTS: Boyds Accountants
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Heroes Bar Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Heroes Bar Limited for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Heroes Bar Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Heroes Bar Limited and state those matters that we have agreed to state to the Board of Directors of Heroes Bar Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Heroes Bar Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Heroes Bar Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Heroes Bar Limited. You consider that Heroes Bar Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Heroes Bar Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Boyds Accountants
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB


27 February 2025

Heroes Bar Limited (Registered number: 04604581)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,313 4,755

CURRENT ASSETS
Stocks 7,500 2,500
Debtors 5 67,291 61,502
Cash at bank 20,707 69,851
95,498 133,853
CREDITORS
Amounts falling due within one year 6 (71,714 ) (75,786 )
NET CURRENT ASSETS 23,784 58,067
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,097

62,822

CREDITORS
Amounts falling due after more than one
year

7

(9,795

)

(19,598

)
NET ASSETS 18,302 43,224

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 18,282 43,204
18,302 43,224

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.

Heroes Bar Limited (Registered number: 04604581)

Balance Sheet - continued
31 May 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 27 February 2025 and were signed on its behalf by:




Mrs N J Mazzocchi - Director



Miss S Patterson - Director


Heroes Bar Limited (Registered number: 04604581)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Heroes Bar 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 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Computer equipment - 25% 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.

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 18 (2023 - 18 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 June 2023 18,913 955 19,868
Additions 1,597 - 1,597
At 31 May 2024 20,510 955 21,465
DEPRECIATION
At 1 June 2023 14,954 159 15,113
Charge for year 1,800 239 2,039
At 31 May 2024 16,754 398 17,152
NET BOOK VALUE
At 31 May 2024 3,756 557 4,313
At 31 May 2023 3,959 796 4,755

Heroes Bar Limited (Registered number: 04604581)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 37,831 53,630
Directors' current accounts 19,997 -
Deferred tax asset 4,035 3,951
Prepayments 5,428 3,921
67,291 61,502

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 9,800 9,800
Trade creditors 9,384 20,745
Tax 15,477 13,833
Social security and other taxes 13,827 9,207
VAT 16,313 17,314
Directors' current accounts 1,079 2,638
Accrued expenses 5,834 2,249
71,714 75,786

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans - 1-2 years 9,795 9,800
Bank loans - 2-5 years - 9,798
9,795 19,598

8. ULTIMATE CONTROLLING PARTY

The controlling party is R C Mazzocchi.