K&A HOSPITALITY LTD 14182901 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is of running a public house Digita Accounts Production Advanced 6.30.9574.0 true true 14182901 2023-07-01 2024-06-30 14182901 2024-06-30 14182901 core:CurrentFinancialInstruments 2024-06-30 14182901 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 14182901 core:FurnitureFittingsToolsEquipment 2024-06-30 14182901 bus:SmallEntities 2023-07-01 2024-06-30 14182901 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 14182901 bus:FilletedAccounts 2023-07-01 2024-06-30 14182901 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14182901 bus:RegisteredOffice 2023-07-01 2024-06-30 14182901 bus:Director1 2023-07-01 2024-06-30 14182901 bus:Director2 2023-07-01 2024-06-30 14182901 bus:CompanyLimitedByGuarantee 2023-07-01 2024-06-30 14182901 core:FurnitureFittings 2023-07-01 2024-06-30 14182901 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 14182901 countries:EnglandWales 2023-07-01 2024-06-30 14182901 2023-06-30 14182901 core:FurnitureFittingsToolsEquipment 2023-06-30 14182901 2022-06-20 2023-06-30 14182901 2023-06-30 14182901 core:CurrentFinancialInstruments 2023-06-30 14182901 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14182901 core:FurnitureFittingsToolsEquipment 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 14182901

K&A HOSPITALITY LTD

trading as Porterhouse

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

K&A HOSPITALITY LTD

trading as Porterhouse

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

K&A HOSPITALITY LTD

trading as Porterhouse

Company Information

Directors

A Watson

K Watson

Registered office

C/O Herbert Lewis Williams
Leigh Court Business Centre
Abbots Leigh
Bristol
BS8 3RA

Accountants

Herbert Lewis Williams & Associates Limited
Chartered Certified Accountants
Leigh Court Business Centre
Abbots Leigh
Bristol
BS8 3RA

 

K&A HOSPITALITY LTD

trading as Porterhouse

(Registration number: 14182901)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

143

173

Current assets

 

Debtors

5

11,270

6,043

Cash at bank and in hand

 

1,805

6,352

 

13,075

12,395

Creditors: Amounts falling due within one year

6

(12,783)

(12,236)

Net current assets

 

292

159

Net assets

 

435

332

Reserves

 

Retained earnings

435

332

Surplus

 

435

332

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 March 2025 and signed on its behalf by:
 

.........................................
K Watson
Director

 

K&A HOSPITALITY LTD

trading as Porterhouse

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
C/O Herbert Lewis Williams
Leigh Court Business Centre
Abbots Leigh
Bristol
BS8 3RA

These financial statements were authorised for issue by the Board on 28 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

K&A HOSPITALITY LTD

trading as Porterhouse

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & Fittings

Straight line - 15%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

K&A HOSPITALITY LTD

trading as Porterhouse

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2023 - 3).

 

K&A HOSPITALITY LTD

trading as Porterhouse

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 July 2023

204

204

At 30 June 2024

204

204

Depreciation

At 1 July 2023

31

31

Charge for the year

30

30

At 30 June 2024

61

61

Carrying amount

At 30 June 2024

143

143

At 30 June 2023

173

173

5

Debtors

Current

2024
£

2023
£

Other debtors

11,270

6,043

 

11,270

6,043

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

2,209

3,384

Taxation and social security

 

6,669

7,313

Other creditors

 

3,905

1,539

 

12,783

12,236

7

Loans and borrowings

Current loans and borrowings

 

K&A HOSPITALITY LTD

trading as Porterhouse

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

2024
£

2023
£

Other borrowings

2,209

3,384