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REGISTERED NUMBER: 07633845 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Milestone Pub Company Limited
Trading as
White Bear

Milestone Pub Company Limited (Registered number: 07633845)
Trading as White Bear






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Milestone Pub Company Limited
Trading as White Bear

Company Information
for the Year Ended 30 November 2024







DIRECTOR: P A Cochran





REGISTERED OFFICE: The White Bear
Wheelock Street
Middlewich
Cheshire
CW10 9AG





REGISTERED NUMBER: 07633845 (England and Wales)





ACCOUNTANTS: DUNCAN BOXWELL & COMPANY LIMITED
Bretton House
Bell Meadow Business Park
Pulford
Chester
Cheshire
CH4 9EP

Milestone Pub Company Limited (Registered number: 07633845)
Trading as White Bear

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 347,676 347,803

CURRENT ASSETS
Inventories 10,653 11,485
Debtors 5 7,823 8,504
Prepayments and accrued income 214 3,679
Cash at bank and in hand 27,627 32,405
46,317 56,073
CREDITORS
Amounts falling due within one year 6 99,598 107,394
NET CURRENT LIABILITIES (53,281 ) (51,321 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

294,395

296,482

CREDITORS
Amounts falling due after more than
one year

7

82,352

116,439
NET ASSETS 212,043 180,043

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 99 99
Retained earnings 211,844 179,844
212,043 180,043

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

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

Milestone Pub Company Limited (Registered number: 07633845)
Trading as White Bear

Balance Sheet - continued
30 November 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 30 April 2025 and were signed by:





P A Cochran - Director


Milestone Pub Company Limited (Registered number: 07633845)
Trading as White Bear

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

1. STATUTORY INFORMATION

Milestone Pub Company 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
Revenue 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.
Fixtures and fittings - 15% Straight Line
Motor vehicles - 25% Straight Line
Office equipment - 15% Straight Line

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

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 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.

Milestone Pub Company Limited (Registered number: 07633845)
Trading as White Bear

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

2. ACCOUNTING POLICIES - continued

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 18 (2023 - 17 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Freehold and Motor Office
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2023 347,143 20,583 30,567 65,293 463,586
Additions - - - 366 366
At 30 November 2024 347,143 20,583 30,567 65,659 463,952
DEPRECIATION
At 1 December 2023 - 20,583 30,567 64,633 115,783
Charge for year - - - 493 493
At 30 November 2024 - 20,583 30,567 65,126 116,276
NET BOOK VALUE
At 30 November 2024 347,143 - - 533 347,676
At 30 November 2023 347,143 - - 660 347,803

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 7,823 8,504

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 33,786 33,605
Trade creditors 16,867 13,582
Taxation and social security 27,568 31,669
Other creditors 21,377 28,538
99,598 107,394

Milestone Pub Company Limited (Registered number: 07633845)
Trading as White Bear

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans 82,352 116,439