Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31false2023-08-01No description of principal activity2626falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09186640 2023-08-01 2024-07-31 09186640 2022-08-01 2023-07-31 09186640 2024-07-31 09186640 2023-07-31 09186640 c:Director1 2023-08-01 2024-07-31 09186640 d:Buildings d:LongLeaseholdAssets 2023-08-01 2024-07-31 09186640 d:Buildings d:LongLeaseholdAssets 2024-07-31 09186640 d:Buildings d:LongLeaseholdAssets 2023-07-31 09186640 d:PlantMachinery 2023-08-01 2024-07-31 09186640 d:PlantMachinery 2024-07-31 09186640 d:PlantMachinery 2023-07-31 09186640 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09186640 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09186640 d:Goodwill 2023-08-01 2024-07-31 09186640 d:Goodwill 2024-07-31 09186640 d:Goodwill 2023-07-31 09186640 d:CurrentFinancialInstruments 2024-07-31 09186640 d:CurrentFinancialInstruments 2023-07-31 09186640 d:Non-currentFinancialInstruments 2024-07-31 09186640 d:Non-currentFinancialInstruments 2023-07-31 09186640 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 09186640 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09186640 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 09186640 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 09186640 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-07-31 09186640 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-07-31 09186640 d:ShareCapital 2024-07-31 09186640 d:ShareCapital 2023-07-31 09186640 d:RetainedEarningsAccumulatedLosses 2024-07-31 09186640 d:RetainedEarningsAccumulatedLosses 2023-07-31 09186640 c:OrdinaryShareClass1 2023-08-01 2024-07-31 09186640 c:OrdinaryShareClass1 2024-07-31 09186640 c:OrdinaryShareClass1 2023-07-31 09186640 c:FRS102 2023-08-01 2024-07-31 09186640 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09186640 c:FullAccounts 2023-08-01 2024-07-31 09186640 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09186640 4 2023-08-01 2024-07-31 09186640 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 09186640









GORGEOUS PUBS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
GORGEOUS PUBS LIMITED
REGISTERED NUMBER: 09186640

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
5
5

Tangible assets
 5 
342,381
393,415

  
342,386
393,420

Current assets
  

Stocks
 6 
14,057
15,224

Debtors: amounts falling due within one year
 7 
28,319
155,877

Cash at bank and in hand
 8 
29,623
35,465

  
71,999
206,566

Creditors: amounts falling due within one year
 9 
(856,300)
(2,299,493)

Net current liabilities
  
 
 
(784,301)
 
 
(2,092,927)

Total assets less current liabilities
  
(441,915)
(1,699,507)

Creditors: amounts falling due after more than one year
 10 
(21,538)
(32,278)

  

Net liabilities
  
(463,453)
(1,731,785)


Capital and reserves
  

Called up share capital 
 12 
100
100

Profit and loss account
  
(463,553)
(1,731,885)

  
(463,453)
(1,731,785)


Page 1

 
GORGEOUS PUBS LIMITED
REGISTERED NUMBER: 09186640
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R P Laub
Director

Date: 1 April 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
GORGEOUS PUBS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Gorgeous Pubs Limited is a private company, limited by shares and incorporated in England and Wales (registered number 09186640). The registered office address is 101 New Cavendish Street,1st Floor South, London, United Kingdom W1W 6XH. The principle place of business is 13 North Hill, Highgate, Lonon, N6 4AB.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
GORGEOUS PUBS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.5

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
2.6

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Over 10 - 25 years
Plant and machinery
-
10% & 25% Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
GORGEOUS PUBS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors 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.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 26 (2023 - 26).

Page 5

 
GORGEOUS PUBS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 August 2023
5



At 31 July 2024

5






Net book value



At 31 July 2024
5



At 31 July 2023
5




5.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 August 2023
146,745
496,352
643,097


Additions
-
10,542
10,542



At 31 July 2024

146,745
506,894
653,639



Depreciation


At 1 August 2023
86,092
163,591
249,683


Charge for the year on owned assets
14,259
47,316
61,575



At 31 July 2024

100,351
210,907
311,258



Net book value



At 31 July 2024
46,394
295,987
342,381



At 31 July 2023
60,653
332,762
393,415

Page 6

 
GORGEOUS PUBS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Stocks

2024
2023
£
£

Beverage stocks
-
11,863

Food stocks
14,057
3,361

14,057
15,224



7.


Debtors

2024
2023
£
£


Trade debtors
-
1,755

Amounts owed by group undertakings
100
100

Other debtors
28,219
154,022

28,319
155,877



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
29,623
35,465

29,623
35,465



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
82,247
113,526

Amounts owed to group undertakings
-
150,620

Other taxation and social security
70,892
56,170

Other creditors
689,536
1,967,649

Accruals and deferred income
13,625
11,528

856,300
2,299,493


Page 7

 
GORGEOUS PUBS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
21,538
32,278

21,538
32,278



11.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£



Amounts falling due 2-5 years

Bank loans
21,537
32,278


21,537
32,278


21,537
32,278



12.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



13.


Controlling party and ultimate parent

The ultimate parent company is Gorgeous Holdings Limited and its registered office address is 101 New Cavendish Street, 1st Floor South, London, United Kingdom W1W 6XH.

 
Page 8