Acorah Software Products - Accounts Production 16.1.200 false true false 30 March 2023 30 June 2024 30 June 2024 14769244 Mr James Gummer Mr Olivier Van Themsche Mr Philip Winser Public House Group Limited 2nd Floor Connaught House, 1-3 Mount Street, (Entrance Via Davies Street), London, United Kingdom, W1K 3NB true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14769244 2023-03-29 14769244 2024-06-30 14769244 2023-03-30 2024-06-30 14769244 frs-core:CurrentFinancialInstruments 2024-06-30 14769244 frs-core:ComputerEquipment 2024-06-30 14769244 frs-core:ComputerEquipment 2023-03-30 2024-06-30 14769244 frs-core:ComputerEquipment 2023-03-29 14769244 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-30 2024-06-30 14769244 frs-core:FurnitureFittings 2024-06-30 14769244 frs-core:FurnitureFittings 2023-03-30 2024-06-30 14769244 frs-core:FurnitureFittings 2023-03-29 14769244 frs-core:NetGoodwill 2024-06-30 14769244 frs-core:NetGoodwill 2023-03-30 2024-06-30 14769244 frs-core:NetGoodwill 2023-03-29 14769244 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 14769244 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-30 2024-06-30 14769244 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-29 14769244 frs-core:OtherResidualIntangibleAssets 2024-06-30 14769244 frs-core:OtherResidualIntangibleAssets 2023-03-30 2024-06-30 14769244 frs-core:OtherResidualIntangibleAssets 2023-03-29 14769244 frs-core:PlantMachinery 2024-06-30 14769244 frs-core:PlantMachinery 2023-03-30 2024-06-30 14769244 frs-core:PlantMachinery 2023-03-29 14769244 frs-core:ShareCapital 2024-06-30 14769244 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14769244 frs-bus:PrivateLimitedCompanyLtd 2023-03-30 2024-06-30 14769244 frs-bus:FilletedAccounts 2023-03-30 2024-06-30 14769244 frs-bus:SmallEntities 2023-03-30 2024-06-30 14769244 frs-bus:AuditExempt-NoAccountantsReport 2023-03-30 2024-06-30 14769244 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-30 2024-06-30 14769244 1 2023-03-30 2024-06-30 14769244 frs-bus:Director1 2023-03-30 2024-06-30 14769244 frs-bus:Director2 2023-03-30 2024-06-30 14769244 frs-bus:Director3 2023-03-30 2024-06-30 14769244 frs-countries:EnglandWales 2023-03-30 2024-06-30
Registered number: 14769244
The Hero Of Maida Limited
Unaudited Financial Statements
For the Period 30 March 2023 to 30 June 2024
Williams Stanley & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14769244
30 June 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 71,877
Tangible Assets 5 1,839,204
1,911,081
CURRENT ASSETS
Stocks 6 64,107
Debtors 7 239,739
Cash at bank and in hand 12,150
315,996
Creditors: Amounts Falling Due Within One Year 8 (3,222,255 )
NET CURRENT ASSETS (LIABILITIES) (2,906,259 )
TOTAL ASSETS LESS CURRENT LIABILITIES (995,178 )
NET LIABILITIES (995,178 )
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account (995,278 )
SHAREHOLDERS' FUNDS (995,178)
Page 1
Page 2
For the period 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Olivier Van Themsche
Director
28/03/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Hero Of Maida Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14769244 . The registered office is 2nd Floor Connaught House, 1-3 Mount Street, London, W1K 3NB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 25 years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are in relation to website design. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 25 year straight line
Plant & Machinery 4 year straight line
Fixtures & Fittings 5 year straight line
Computer Equipment 4 year straight line
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Factors that may affect future tax charges
At the reporting date the company has £1,929,136 of tax losses available to carry forward and use against future taxable profits. No provision for a deferred tax asset in respect of the losses has been made as there is insufficient evidence to ascertain its recoverability.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 28
28
Page 3
Page 4
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 30 March 2023 - - -
Additions 70,604 4,757 75,361
As at 30 June 2024 70,604 4,757 75,361
Amortisation
As at 30 March 2023 - - -
Provided during the period 3,444 40 3,484
As at 30 June 2024 3,444 40 3,484
Net Book Value
As at 30 June 2024 67,160 4,717 71,877
As at 30 March 2023 - - -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 30 March 2023 - - - - -
Additions 1,510,846 69,515 269,153 21,606 1,871,120
As at 30 June 2024 1,510,846 69,515 269,153 21,606 1,871,120
Depreciation
As at 30 March 2023 - - - - -
Provided during the period 10,464 2,445 18,107 900 31,916
As at 30 June 2024 10,464 2,445 18,107 900 31,916
Net Book Value
As at 30 June 2024 1,500,382 67,070 251,046 20,706 1,839,204
As at 30 March 2023 - - - - -
6. Stocks
30 June 2024
£
Stock 64,107
Page 4
Page 5
7. Debtors
30 June 2024
£
Due within one year
Trade debtors 2,783
Other debtors 236,956
239,739
8. Creditors: Amounts Falling Due Within One Year
30 June 2024
£
Trade creditors 253,713
Amounts owed to group undertakings 2,758,916
Amounts owed to participating interests 24,880
Other creditors 148,953
Taxation and social security 35,793
3,222,255
9. Share Capital
30 June 2024
£
Allotted, Called up and fully paid 100
10. Related Party Transactions
At the balance sheet date, the company owed £6,360 to The Pelican Pub W11 Ltd, a related party by virtue of common control.
At the balance sheet date, the company owed £185 to Public House Farm Ltd, a related party by virtue of common control.
At the balance sheet date, the company owed £1,585 to 310 Portobello Ltd, a related party by virtue of common control.
At the balance sheet date, the company owed £24,880 to WGVT LLP, a related party by virtue of common control.
At the balance sheet date, the company owed £2,750,785 to Public House Group Ltd, the parent company.
All the balances owed to or from related parties are interest-free and repayable on demand.
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Public House Group Limited . Public House Group Limited was incorporated in (Please enter country of incorporation). Copies of the group accounts may be obtained from the secretary, 2nd Floor Connaught House, 1-3 Mount Street, (Entrance Via Davies Street), London, United Kingdom, W1K 3NB . The ultimate controlling party is Public House Group Limited who controls 100% of the shares of The Hero Of Maida Limited .
Page 5