The Stage Bar Ltd 15500584 false 2024-02-18 2025-02-28 2025-02-28 The principal activity of the company is that of an events company Digita Accounts Production Advanced 6.30.9574.0 true 15500584 2024-02-18 2025-02-28 15500584 2025-02-28 15500584 bus:Director1 1 2025-02-28 15500584 bus:Director2 1 2025-02-28 15500584 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-02-28 15500584 core:CurrentFinancialInstruments 2025-02-28 15500584 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 15500584 core:OtherPropertyPlantEquipment 2025-02-28 15500584 bus:SmallEntities 2024-02-18 2025-02-28 15500584 bus:AuditExemptWithAccountantsReport 2024-02-18 2025-02-28 15500584 bus:FilletedAccounts 2024-02-18 2025-02-28 15500584 bus:SmallCompaniesRegimeForAccounts 2024-02-18 2025-02-28 15500584 bus:Director1 2024-02-18 2025-02-28 15500584 bus:Director1 1 2024-02-18 2025-02-28 15500584 bus:Director2 2024-02-18 2025-02-28 15500584 bus:Director2 1 2024-02-18 2025-02-28 15500584 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-02-18 2025-02-28 15500584 bus:PrivateLimitedCompanyLtd 2024-02-18 2025-02-28 15500584 core:OtherPropertyPlantEquipment 2024-02-18 2025-02-28 15500584 countries:EnglandWales 2024-02-18 2025-02-28 15500584 bus:Director1 1 2024-02-17 15500584 bus:Director2 1 2024-02-17 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15500584

The Stage Bar Ltd

Unaudited Filleted Abridged Financial Statements

for the Period from 18 February 2024 to 28 February 2025

 

The Stage Bar Ltd

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 8

 

The Stage Bar Ltd

(Registration number: 15500584)
Abridged Balance Sheet as at 28 February 2025

Note

2025
£

Fixed assets

 

Tangible assets

3

635

Current assets

 

Debtors

1

Cash at bank and in hand

 

64,104

 

64,105

Creditors: Amounts falling due within one year

(16,501)

Net current assets

 

47,604

Total assets less current liabilities

 

48,239

Accruals and deferred income

 

(494)

Net assets

 

47,745

Capital and reserves

 

Called up share capital

4

2

Retained earnings

47,743

Shareholders' funds

 

47,745

For the financial period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 May 2025 and signed on its behalf by:
 

 

The Stage Bar Ltd

(Registration number: 15500584)
Abridged Balance Sheet as at 28 February 2025

.........................................
Mr Nigel Stephen Woodhouse
Director

 

The Stage Bar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2024 to 28 February 2025

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

The Stage Bar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2024 to 28 February 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 1.

 

The Stage Bar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2024 to 28 February 2025

3

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

Additions

635

635

At 28 February 2025

635

635

Depreciation

Carrying amount

At 28 February 2025

635

635

4

Share capital

Allotted, called up and fully paid shares

2025

No.

£

Ordinary shares of £2 each

1

2

   

5

Related party transactions

 

The Stage Bar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2024 to 28 February 2025

Transactions with directors

2025

At 18 February 2024
£

Advances to director
£

Other payments made to company by director
£

At 28 February 2025
£

Mr Nigel Stephen Woodhouse

Directors loan

-

1

(312)

(311)

Mrs Samantha Woodhouse

Directors loan

-

1

-

1

 

The Stage Bar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2024 to 28 February 2025

Directors' remuneration

The directors' remuneration for the period was as follows:

2025
£

Remuneration

5,320

6

Transition to FRS 102

Balance Sheet at
 

As originally reported
£

Reclassification
£

Remeasurement
£

As restated
£

Capital and reserves

Total equity

-

-

-

-

 

The Stage Bar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2024 to 28 February 2025

Balance Sheet at
 

As originally reported
£

Reclassification
£

Remeasurement
£

As restated
£

Capital and reserves

Total equity

-

-

-

-