PTP Accounts Production v24.3.0.553 NI652620 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI6526202023-04-30NI6526202024-04-30NI6526202023-05-012024-04-30NI6526202022-04-30NI6526202022-05-012023-04-30NI6526202023-04-30NI652620ns15:NorthernIreland2023-05-012024-04-30NI652620ns14:PoundSterling2023-05-012024-04-30NI652620ns10:Director12023-05-012024-04-30NI652620ns10:Director22023-05-012024-04-30NI652620ns10:PrivateLimitedCompanyLtd2023-05-012024-04-30NI652620ns10:SmallEntities2023-05-012024-04-30NI652620ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-30NI652620ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-30NI652620ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-30NI652620ns10:FullAccounts2023-05-012024-04-30NI65262012023-05-012024-04-30NI652620ns10:RegisteredOffice2023-05-012024-04-30NI652620ns5:CurrentFinancialInstruments2024-04-30NI652620ns5:CurrentFinancialInstruments2023-04-30NI652620ns5:Non-currentFinancialInstruments2024-04-30NI652620ns5:Non-currentFinancialInstruments2023-04-30NI652620ns5:ShareCapital2024-04-30NI652620ns5:ShareCapital2023-04-30NI652620ns5:RetainedEarningsAccumulatedLosses2024-04-30NI652620ns5:RetainedEarningsAccumulatedLosses2023-04-30NI652620ns5:NetGoodwill2023-05-012024-04-30NI652620ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-30NI652620ns5:PlantMachinery2023-05-012024-04-30NI652620ns5:MotorVehicles2023-05-012024-04-30NI652620ns5:NetGoodwill2023-04-30NI652620ns5:NetGoodwill2024-04-30NI652620ns5:NetGoodwill2023-04-30NI652620ns5:PlantMachinery2023-04-30NI652620ns5:MotorVehicles2023-04-30NI652620ns5:PlantMachinery2024-04-30NI652620ns5:MotorVehicles2024-04-30NI652620ns5:PlantMachinery2023-04-30NI652620ns5:MotorVehicles2023-04-30NI652620ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-30NI652620ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: NI652620 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Pubs Clubs & Interiors LTD

Pubs Clubs & Interiors LTD (Registered number: NI652620)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Pubs Clubs & Interiors LTD

Company Information
for the Year Ended 30 April 2024







DIRECTORS: R Andrews
J Patterson





REGISTERED OFFICE: Unit 88 Dunlop Commercial Park
3 Balloo Link
Bangor
Co. Down
BT19 7PH





REGISTERED NUMBER: NI652620 (Northern Ireland)





ACCOUNTANTS: Toman Accountancy Services Ltd
Unit HF 9, Twin Spires Complex
Howard Buildings
155 Northumberland Street
Belfast
Antrim
BT13 2JF

Pubs Clubs & Interiors LTD (Registered number: NI652620)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,000 16,000
Tangible assets 5 46,492 56,185
58,492 72,185

CURRENT ASSETS
Debtors 6 6,755 1,380
Cash at bank 21,872 38,034
28,627 39,414
CREDITORS
Amounts falling due within one year 7 53,972 58,901
NET CURRENT LIABILITIES (25,345 ) (19,487 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,147

52,698

CREDITORS
Amounts falling due after more than one
year

8

(21,217

)

(29,880

)

PROVISIONS FOR LIABILITIES (8,929 ) (10,932 )
NET ASSETS 3,001 11,886

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,901 11,786
SHAREHOLDERS' FUNDS 3,001 11,886

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

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

Pubs Clubs & Interiors LTD (Registered number: NI652620)

Statement of Financial Position - continued
30 April 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 and authorised for issue by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:




R Andrews - Director



J Patterson - Director


Pubs Clubs & Interiors LTD (Registered number: NI652620)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Pubs Clubs & Interiors LTD is a private company, limited by shares , registered in Northern Ireland. 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.

Significant judgements and estimates
In preparing these financial statements the directors have made the following judgements:

Consider the recoverability of trade debtors and work in progress and the need for impairment provisions. These considerations are undertaken regularly by the directors, and especially at the year end date. Factors taken into account include historical experience, current market conditions and knowledge of the sector. Amounts identified as irrecoverable will be provided against in the relevant period.

Consider the depreciation rates on an annual basis to ensure there is sufficient evidence to support these and that the estimates remains reasonable.

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, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five years.

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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Pubs Clubs & Interiors LTD (Registered number: NI652620)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
All financial statements of the company are considered to meet the definition of basic financial instruments.

-Short term debtors and creditors
Debtors and creditors with no stated interest rate and are receivable or payable on demand are recognised at transaction price, and subject to annual impairment reviews. Any losses arising on impairment are recognised in the profit and loss account.

-Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand

Loans and borrowings
All loans and borrowings are initially recorded at the present value of cash payable to the lender in settlement of the liability discounted at the market interest rate. Subsequently loans and borrowings are stated at amortised cost using the effective interest rate method. The computation of amortised cost includes any issues costs, transaction costs and fees, and any discount or premium on settlement, and the effect of this is to amortise these amounts over the expected borrowing period. Loans with no stated interest rate and repayable within one period or on demand are not amortised. Loans and borrowing are classified as current liabilities unless the borrower has an unconditional right to defer settlement of the liability for at least 12 months after the financial period end date.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Pubs Clubs & Interiors LTD (Registered number: NI652620)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 20,000
AMORTISATION
At 1 May 2023 4,000
Charge for year 4,000
At 30 April 2024 8,000
NET BOOK VALUE
At 30 April 2024 12,000
At 30 April 2023 16,000

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 May 2023 14,381 56,647 71,028
Additions 5,500 - 5,500
At 30 April 2024 19,881 56,647 76,528
DEPRECIATION
At 1 May 2023 3,595 11,248 14,843
Charge for year 3,843 11,350 15,193
At 30 April 2024 7,438 22,598 30,036
NET BOOK VALUE
At 30 April 2024 12,443 34,049 46,492
At 30 April 2023 10,786 45,399 56,185

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 6,755 1,380

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 10,956 16,172
Trade creditors 8,446 24,862
Taxation and social security 21,650 8,111
Other creditors 12,920 9,756
53,972 58,901

Pubs Clubs & Interiors LTD (Registered number: NI652620)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 21,217 29,880

9. ULTIMATE CONTROLLING PARTY

The company continues to be controlled by Mr J Patterson and Mr R Andrews by way of their shareholding.