EDWARDS PUBS LIMITED

Company Registration Number:
08627875 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

EDWARDS PUBS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

EDWARDS PUBS LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 63,535 78,385
Total fixed assets: 63,535 78,385
Current assets
Stocks: 15,542 14,817
Debtors: 4 23,160 64,584
Cash at bank and in hand: 140,274 142,833
Total current assets: 178,976 222,234
Creditors: amounts falling due within one year: 5 (139,194) (176,137)
Net current assets (liabilities): 39,782 46,097
Total assets less current liabilities: 103,317 124,482
Creditors: amounts falling due after more than one year: 6 (10,919) (21,624)
Total net assets (liabilities): 92,398 102,858
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 92,298 102,758
Shareholders funds: 92,398 102,858

The notes form part of these financial statements

EDWARDS PUBS LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 March 2025
and signed on behalf of the board by:

Name: Mr A Edwards
Status: Director

The notes form part of these financial statements

EDWARDS PUBS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is accounted for at the point of sale.

Tangible fixed assets and depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Leasehold improvements 13% reducing balance Vehicles 25% reducing balance Fixtures and equipment 15% straight line

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value.

Other accounting policies

1. Taxation. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. 2. Short term debtors and creditors. Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss. 3. Cash and cash equivalents. Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. 4. Employee benefits. The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund. 5. Leased assets. Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Company are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful life. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges in the income statement so as to achieve a constant rate of interest on the remaining balance of the liability.

EDWARDS PUBS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 29 26

EDWARDS PUBS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 134,538
Additions 2,629
At 30 June 2024 137,167
Depreciation
At 01 July 2023 56,153
Charge for year 17,479
At 30 June 2024 73,632
Net book value
At 30 June 2024 63,535
At 30 June 2023 78,385

EDWARDS PUBS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

EDWARDS PUBS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts £10,000. Finance leases £334. Trade creditors £19,616. Corporation tax £40,862. Other taxes and social security £47,303. Other creditors £13,231. Director's loan accounts £869. Accruals £6,979.

EDWARDS PUBS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due after more than one year note

Bank loans due between 1 and 2 years £10,919.