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REGISTERED NUMBER: 09225693 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30TH JUNE 2024

FOR

BURGER SHOP (HEREFORD) LIMITED

BURGER SHOP (HEREFORD) LIMITED (REGISTERED NUMBER: 09225693)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


BURGER SHOP (HEREFORD) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







Directors: E Kirk
D Kirk
R E Davison





Registered office: 32 Aubrey Street
Hereford
HR4 0BU





Registered number: 09225693 (England and Wales)

BURGER SHOP (HEREFORD) LIMITED (REGISTERED NUMBER: 09225693)

BALANCE SHEET
30TH JUNE 2024

30.6.24 30.6.23
Notes £ £ £ £
Fixed assets
Intangible assets 4 3,200 4,800
Tangible assets 5 99,561 80,193
102,761 84,993

Current assets
Stocks 6 8,860 9,450
Debtors 7 81,615 151,647
Cash at bank and in hand 38,562 44,800
129,037 205,897
Creditors
Amounts falling due within one year 8 59,517 98,083
Net current assets 69,520 107,814
Total assets less current liabilities 172,281 192,807

Provisions for liabilities 9 12,800 14,400
Net assets 159,481 178,407

Capital and reserves
Called up share capital 10 3 3
Retained earnings 159,478 178,404
Shareholders' funds 159,481 178,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

BURGER SHOP (HEREFORD) LIMITED (REGISTERED NUMBER: 09225693)

BALANCE SHEET - continued
30TH JUNE 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th March 2025 and were signed on its behalf by:





E Kirk - Director


BURGER SHOP (HEREFORD) LIMITED (REGISTERED NUMBER: 09225693)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024


1. Statutory information

Burger Shop (Hereford) 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents & licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are stated in the Balance Sheet at cost less depreciation.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Leasehold improvements 4% SL
Plant & equipment 20% -33% RB & 20% SL
Motor vehicles 25% RB

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

BURGER SHOP (HEREFORD) LIMITED (REGISTERED NUMBER: 09225693)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


2. Accounting policies - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are measured at transaction price less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at the cost less impairment.

Impairment of financial assets
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the assets original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the group transfers the financial asset and substantially all of the risks and rewards of the ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.




BURGER SHOP (HEREFORD) LIMITED (REGISTERED NUMBER: 09225693)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


2. Accounting policies - continued

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducing all of its liabilities.
Basic financial liabilities, including trade and other payables are measured at the transaction price. Other financial liabilities, including bank loans, loans from fellow group companies and preference shares that are classified as debt, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Other financial liabilities
Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs & 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.

BURGER SHOP (HEREFORD) LIMITED (REGISTERED NUMBER: 09225693)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


3. Employees (including officers)

The average number of employees during the year was 29 (2023 - 23 ) .

4. Intangible fixed assets
Other
intangible
assets
£
Cost
At 1st July 2023
and 30th June 2024 8,000
Amortisation
At 1st July 2023 3,200
Charge for year 1,600
At 30th June 2024 4,800
Net book value
At 30th June 2024 3,200
At 30th June 2023 4,800

5. Tangible fixed assets
Improvements Plant & Motor
to property equipment vehicles Totals
£ £ £ £
Cost
At 1st July 2023 26,992 87,011 26,110 140,113
Additions 28,368 10,857 - 39,225
Disposals - (782 ) - (782 )
At 30th June 2024 55,360 97,086 26,110 178,556
Depreciation
At 1st July 2023 10,079 28,019 21,822 59,920
Charge for year 2,214 16,405 1,072 19,691
Eliminated on disposal - (616 ) - (616 )
At 30th June 2024 12,293 43,808 22,894 78,995
Net book value
At 30th June 2024 43,067 53,278 3,216 99,561
At 30th June 2023 16,913 58,992 4,288 80,193

BURGER SHOP (HEREFORD) LIMITED (REGISTERED NUMBER: 09225693)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


6. Stocks
30.6.24 30.6.23
£ £
Stocks 8,860 9,450

7. Debtors: amounts falling due within one year
30.6.24 30.6.23
£ £
Trade debtors - 19,285
Amounts owed by group undertakings 73,576 119,688
Other debtors 8,039 12,674
81,615 151,647

8. Creditors: amounts falling due within one year
30.6.24 30.6.23
£ £
Trade creditors 30,255 38,988
Social security & other tax 23,053 36,475
Other creditors 462 351
Accruals 5,747 22,269
59,517 98,083

9. Provisions for liabilities
30.6.24 30.6.23
£ £
Deferred tax 12,800 14,400

Deferred tax
£
Balance at 1st July 2023 14,400
Utilised during year (1,600 )
Balance at 30th June 2024 12,800

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £ £
300 Ordinary shares £0.01 3 3

BURGER SHOP (HEREFORD) LIMITED (REGISTERED NUMBER: 09225693)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


11. Contingent liabilities & lease commitments

There were no contingent liabilities or lease commitments at 30th June 2024.

12. Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The following transactions took place with related parties on normal commercial terms during the year:








Other related
parties
Controlled,
joint control
or significant
influence
entities
£   £   
Recharges7,851
Purchases23,440

13. Controlling party

The company is controlled by ART Hospitality Group Limited, which is the ultimate holding company.

Company registration number:11540613
Company registered office address:32 Aubrey Street
Hereford
HR4 0BU