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Company Registration No. 12699151 (England and Wales)
RHYS' BAR LTD Unaudited accounts for the year ended 30 June 2024
RHYS' BAR LTD Unaudited accounts Contents
Page
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RHYS' BAR LTD Company Information for the year ended 30 June 2024
Director
Rhys Jones
Company Number
12699151 (England and Wales)
Registered Office
112-113 High Street LINCOLN LN5 7PY ENGLAND
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA Templar Accounting & Business Support Services Limited (Incorp: Blake and Co ) 112 - 113 High Street, Lincoln, Lincolnshire LN5 7PY
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RHYS' BAR LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,056 
- 
Current assets
Debtors
3,602 
3,385 
Cash at bank and in hand
22,416 
17,217 
26,018 
20,602 
Creditors: amounts falling due within one year
(5,549)
(5,491)
Net current assets
20,469 
15,111 
Net assets
21,525 
15,111 
Capital and reserves
Called up share capital
1 
1 
Capital contribution reserve
12,000 
12,000 
Profit and loss account
9,524 
3,110 
Shareholders' funds
21,525 
15,111 
For the year ending 30 June 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 14 March 2025 and were signed on its behalf by
Rhys Jones Director Company Registration No. 12699151
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RHYS' BAR LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
RHYS' BAR LTD is a private company, limited by shares, registered in England and Wales, registration number 12699151. The registered office is 112-113 High Street, LINCOLN, LN5 7PY, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
- 
Additions
1,408 
At 30 June 2024
1,408 
Depreciation
Charge for the year
352 
At 30 June 2024
352 
Net book value
At 30 June 2024
1,056 
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RHYS' BAR LTD Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
3,602 
3,385 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,201 
2,180 
Other creditors
- 
1,952 
Loans from directors
441 
765 
Accruals
1,907 
594 
5,549 
5,491 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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