Company registration number: 11648970
Unaudited financial statements
for the period ended 30 December 2023
for
Corn Exchange Sports Bar Ltd
Pages for filing with the Registrar
Company registration number: 11648970
Corn Exchange Sports Bar Ltd
Balance sheet
as at 30 December 2023
30 Dec 23 31 Dec 22
Note £ £ £ £
Fixed assets
Tangible assets 4 8,960 5,724
8,960 5,724
Current assets
Debtors 32,734 32,734
Cash at bank and in hand 53,022 58,989
85,756 91,723
Creditors: amounts falling due within one
year
(18,370) (33,988)
Net current assets 67,386 57,735
Total assets less current liabilities 76,346 63,459
Creditors: Amounts falling due after more
than one year
(12,083) (17,050)
NET ASSETS 64,263 46,409
Capital and reserves
Called up share capital 10 10
Profit and loss account 64,253 46,399
TOTAL EQUITY 64,263 46,409
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 30 December 2023.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11648970
Corn Exchange Sports Bar Ltd
Balance sheet - continued
as at 30 December 2023
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr T Couchman, Director
1 April 2025
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Corn Exchange Sports Bar Ltd
Notes to the financial statements
for the period ended 30 December 2023
1 Company information
Corn Exchange Sports Bar Ltd is a private company registered in England and Wales. Its registered number is 11648970. The company is limited by shares. Its registered office is 1st Floor, Albert Street, Derby, DE1 2DS.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
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.
Plant and machinery etc.:
Plant and machinery - 33% straight line
Fixtures & fittings - 25% reducing balance
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3
Corn Exchange Sports Bar Ltd
Notes to the financial statements - continued
for the period ended 30 December 2023
3 Average number of employees
During the period the average number of employees was 6 (2022 - 6).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2023 14,155
Additions 7,000
At 30 December 2023 21,155
Depreciation
At 1 January 2023 8,431
Charge for period 3,764
At 30 December 2023 12,195
Net book value
At 30 December 2023 8,960
At 31 December 2022 5,724
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