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REGISTERED NUMBER: 06021142 (England and Wales)
























Unaudited Financial Statements for the Year Ended 31 December 2023

for

The Broad Oak Pub Company Limited

The Broad Oak Pub Company Limited (Registered number: 06021142)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Broad Oak Pub Company Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: D Crawford



REGISTERED OFFICE: Unit 17 The Courtyard
Blakemere Village
Chester Road, Sandiway
Northwivh
Cheshire
CW8 2EB



REGISTERED NUMBER: 06021142 (England and Wales)



ACCOUNTANTS: Craven Dalton
PO Box 284
Wirral
CH29 9GW



BANKERS: Barclays Bank plc
30 St Werburgh Street
Chester
Cheshire
CH1 2DY

The Broad Oak Pub Company Limited (Registered number: 06021142)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 206,239 398,876

CURRENT ASSETS
Stocks 5 81,213 128,141
Debtors 6 82,854 107,578
Cash at bank and in hand 123,070 85,340
287,137 321,059
CREDITORS
Amounts falling due within one year 7 1,015,037 810,884
NET CURRENT LIABILITIES (727,900 ) (489,825 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(521,661

)

(90,949

)

CREDITORS
Amounts falling due after more than one
year

8

15,833

25,893
NET LIABILITIES (537,494 ) (116,842 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (537,495 ) (116,843 )
SHAREHOLDERS' FUNDS (537,494 ) (116,842 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

The Broad Oak Pub Company Limited (Registered number: 06021142)

Balance Sheet - continued
31 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 May 2025 and were signed by:





D Crawford - Director


The Broad Oak Pub Company Limited (Registered number: 06021142)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

The Broad Oak 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
Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of value added tax and discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Short leasehold - not provided
Improvements to property - 20% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks 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.

The Broad Oak Pub Company Limited (Registered number: 06021142)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

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 121 (2022 - 120 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold Short to Plant and
property leasehold property machinery
£    £    £    £   
COST
At 1 January 2023 6,311 6,607 55,015 395,519
Additions - - 7,117 4,988
Disposals (6,311 ) (6,607 ) (48,221 ) (102,061 )
At 31 December 2023 - - 13,911 298,446
DEPRECIATION
At 1 January 2023 - - 41,540 273,000
Charge for year - - 2,764 27,077
Eliminated on disposal - - (35,007 ) (66,793 )
At 31 December 2023 - - 9,297 233,284
NET BOOK VALUE
At 31 December 2023 - - 4,614 65,162
At 31 December 2022 6,311 6,607 13,475 122,519

The Broad Oak Pub Company Limited (Registered number: 06021142)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 665,385 14,231 12,250 1,155,318
Additions 6,285 - 4,015 22,405
Disposals (287,617 ) - (850 ) (451,667 )
At 31 December 2023 384,053 14,231 15,415 726,056
DEPRECIATION
At 1 January 2023 427,543 7,060 7,299 756,442
Charge for year 50,351 1,793 2,810 84,795
Eliminated on disposal (218,957 ) - (663 ) (321,420 )
At 31 December 2023 258,937 8,853 9,446 519,817
NET BOOK VALUE
At 31 December 2023 125,116 5,378 5,969 206,239
At 31 December 2022 237,842 7,171 4,951 398,876

5. STOCKS
31.12.23 31.12.22
£    £   
Stocks 81,213 128,141

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 40,950 56,740
Prepayments 41,904 50,838
82,854 107,578

The Broad Oak Pub Company Limited (Registered number: 06021142)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts - 2,334
Trade creditors 298,287 344,077
Amounts owed to associates 91,573 -
Tax - (18,460 )
Social security and other taxes 105,357 37,345
VAT 293,295 266,800
Other creditors 60,294 21,061
Directors' loan accounts 10,517 49,104
Accrued expenses 145,714 98,623
1,015,037 810,884

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 5,833 15,893
15,833 25,893

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 25,833 35,893
Hire purchase contracts - 2,334
25,833 38,227

The bank loans excluding the bounce back loan of £25,833 (2022 - £35,893) and overdrafts are secured by a fixed and floating charge created in favour of Barclays Bank PLC dated 5 December 2017. In addition a personal guarantee has been given by D Crawford in favour of Barclays Bank PLC.
The hire purchase liability is secured on the asset concerned.

The Broad Oak Pub Company Limited (Registered number: 06021142)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
D Crawford
Balance outstanding at start of year (49,104 ) (49,104 )
Amounts advanced 709,916 72,000
Amounts repaid (671,329 ) (72,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (10,517 ) (49,104 )