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REGISTERED NUMBER: 07689512 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BUTCHERS BLOCK BAR & GRILL LTD

BUTCHERS BLOCK BAR & GRILL LTD (REGISTERED NUMBER: 07689512)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BUTCHERS BLOCK BAR & GRILL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: E Charmantas





REGISTERED OFFICE: 869 High Road
London
N12 8QA





REGISTERED NUMBER: 07689512 (England and Wales)





ACCOUNTANTS: Sander Accountants
869 High Road
London
N12 8QA

BUTCHERS BLOCK BAR & GRILL LTD (REGISTERED NUMBER: 07689512)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 3 - -
Tangible assets 4 30,404 33,312
Investments 5 2 2
30,406 33,314

CURRENT ASSETS
Stocks 14,406 13,098
Debtors 6 6,869 2,416
Cash at bank and in hand 6,588 35,923
27,863 51,437
CREDITORS
Amounts falling due within one year 7 468,662 461,642
NET CURRENT LIABILITIES (440,799 ) (410,205 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(410,393

)

(376,891

)

CREDITORS
Amounts falling due after more than one year 8 13,910 21,929
NET LIABILITIES (424,303 ) (398,820 )

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings (424,423 ) (398,940 )
(424,303 ) (398,820 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BUTCHERS BLOCK BAR & GRILL LTD (REGISTERED NUMBER: 07689512)

BALANCE SHEET - continued
31 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 April 2025 and were signed by:





E Charmantas - Director


BUTCHERS BLOCK BAR & GRILL LTD (REGISTERED NUMBER: 07689512)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. 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.

The financial statements have been prepared on a going concern basis which assumes the company will continue in operational existence for the foreseeable future.

The validity of this assumption is based on the continuing support the company receives from its director and creditors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill has been written off in the period as a result of the company ceasing to trade under the name of Green Olive Restaurant.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

Hire purchase and 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 and 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 24 ) .

BUTCHERS BLOCK BAR & GRILL LTD (REGISTERED NUMBER: 07689512)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 6,500
AMORTISATION
At 1 August 2023
and 31 July 2024 6,500
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 August 2023 43,010 110,216 7,066 160,292
Additions - 4,380 - 4,380
At 31 July 2024 43,010 114,596 7,066 164,672
DEPRECIATION
At 1 August 2023 43,010 78,827 5,143 126,980
Charge for year - 5,365 1,923 7,288
At 31 July 2024 43,010 84,192 7,066 134,268
NET BOOK VALUE
At 31 July 2024 - 30,404 - 30,404
At 31 July 2023 - 31,389 1,923 33,312

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 2
NET BOOK VALUE
At 31 July 2024 2
At 31 July 2023 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 6,869 2,416

BUTCHERS BLOCK BAR & GRILL LTD (REGISTERED NUMBER: 07689512)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,333 8,648
Trade creditors 37,074 45,262
Taxation and social security 22,768 25,907
Other creditors 400,487 381,825
468,662 461,642

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 13,910 21,929

9. RELATED PARTY DISCLOSURES

During the year the company paid £43,200 (2023 £43,200) to Mr L. Charmantas, the father of the director Mr E. Charmantas. Mr L. Charmantas settled £43,500 (2023: £43,200) rent to Leopard Ventures Ltd. a company that owns the freehold of the property from which Butchers Block Bar & Grill Ltd trades.

Leopard Ventures Ltd is a company based in the Isle of Man, and is a 100% wholly owned subsidiary of Butchers Block Bar & Grill Ltd.

Included in Creditors: Amounts due within one year, is a liability of £60,605 (2023: £6,976) owed to Mrs A Charmantas , the mother of the director Mr E Charmantas.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs A Charmantas.