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REGISTERED NUMBER: 05119468 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

The Pint-Size Pub Co Ltd

The Pint-Size Pub Co Ltd (Registered number: 05119468)

Contents of the Financial Statements
for the Year Ended 31 August 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

The Pint-Size Pub Co Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: P E Davies



REGISTERED OFFICE: Chequers
25 Market Place
Grantham
Lincolnshire
NG31 6LR



REGISTERED NUMBER: 05119468 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Bank of Scotland
14 Friar Lane
Leicester
LE1 5RA

The Pint-Size Pub Co Ltd (Registered number: 05119468)

Statement of Financial Position
31 August 2024

31/8/24 31/8/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 247,159 246,149
Investment property 5 135,000 135,000
382,159 381,149

CURRENT ASSETS
Stocks 13,851 14,281
Debtors 6 10,176 13,723
Cash at bank and in hand 122,123 166,613
146,150 194,617
CREDITORS
Amounts falling due within one year 7 378,456 409,596
NET CURRENT LIABILITIES (232,306 ) (214,979 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

149,853

166,170

PROVISIONS FOR LIABILITIES 5,474 5,235
NET ASSETS 144,379 160,935

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 15,470 15,470
Retained earnings 128,809 145,365
SHAREHOLDERS' FUNDS 144,379 160,935

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

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

The Pint-Size Pub Co Ltd (Registered number: 05119468)

Statement of Financial Position - continued
31 August 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 17 April 2025 and were signed by:





P E Davies - Director


The Pint-Size Pub Co Ltd (Registered number: 05119468)

Notes to the Financial Statements
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

The Pint-Size Pub Co Ltd 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 as modified by the revaluation of certain assets.

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.
Freehold property - not provided
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

No depreciation has been charged on the freehold property. The director considers the property to have both a high residual value and a long estimated useful life and as such a depreciation charge would be immaterial to the financial statements.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus of deficit arising from changes in fair value is recognised in the Income Statement.

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 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.

The Pint-Size Pub Co Ltd (Registered number: 05119468)

Notes to the Financial Statements - continued
for the Year Ended 31 August 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.

Going concern
Despite net current liabilities of £232,306 at 31 August 2024 (2023 - £214,979), the accounts have been prepared on a going concern basis.

The director has reviewed the future cash flows of the business has expressed his willingness to financially support the company for the foreseeable future. The director therefore considers it appropriate to prepare the financial statements on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
Cost
At 1 September 2023 241,630 20,210 575 262,415
Additions - 2,258 594 2,852
At 31 August 2024 241,630 22,468 1,169 265,267
Depreciation
At 1 September 2023 - 16,122 144 16,266
Charge for year - 1,586 256 1,842
At 31 August 2024 - 17,708 400 18,108
Net book value
At 31 August 2024 241,630 4,760 769 247,159
At 31 August 2023 241,630 4,088 431 246,149

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 September 2023
and 31 August 2024 135,000
Net book value
At 31 August 2024 135,000
At 31 August 2023 135,000

The Pint-Size Pub Co Ltd (Registered number: 05119468)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


5. INVESTMENT PROPERTY - continued

The director P E Davies has estimated the property value at 31 August 2024 as £135,000 (2023 - £135,000), with reference to the local property market.

If investment property had not been revalued it would be included at the historical cost of £114,976 (2023 - £114,976).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Other debtors 10,176 13,723

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Bank loans and overdrafts - 27,475
Trade creditors 8,526 16,319
Taxation and social security 20,541 32,719
Other creditors 349,389 333,083
378,456 409,596

8. SECURED DEBTS

The following secured debts are included within creditors:

31/8/24 31/8/23
£    £   
Bank loan - 27,475

The bank loan was secured by a charge on the freehold property and personal guarantees provided by P A Davies and Mrs A M Davies.

9. RELATED PARTY DISCLOSURES

P E Davies and Mrs A M Davies
Director and shareholders

During the year, the company paid rent to the director P E Davies and Mrs A M Davies totalling £15,000 (2023 - £15,000). The rent paid is in relation to one of the business premises and is paid at market rate.

The director P E Davies and Mrs A M Davies have loaned funds to the company. The loan balance outstanding at 31 August 2024 is £342,776 (2023 - £327,889). This loan, included within other creditors is interest free and although not expected to be repaid within one year is repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The company is jointly controlled by the director P E Davies and Mrs A M Davies.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
The Pint-Size Pub Co Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Pint-Size Pub Co Ltd for the year ended 31 August 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of The Pint-Size Pub Co Ltd in accordance with the terms of our engagement letter dated 26 May 2023. Our work has been undertaken solely to prepare for your approval the financial statements of The Pint-Size Pub Co Ltd and state those matters that we have agreed to state to the director of The Pint-Size Pub Co Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Pint-Size Pub Co Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Pint-Size Pub Co Ltd. You consider that The Pint-Size Pub Co Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Pint-Size Pub Co Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS


Date: .............................................