Registered number
09175750
BAR AMERICANOS LTD
Filleted Accounts
31 August 2024
BAR AMERICANOS LTD
Registered number: 09175750
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 10,000 10,000
Current assets
Stocks 500 1,672
Debtors 4 25,825 50,449
Cash at bank and in hand 2,104 3,811
28,429 55,932
Creditors: amounts falling due within one year 5 (30,974) (36,119)
Net current (liabilities)/assets (2,545) 19,813
Net assets 7,455 29,813
Capital and reserves
Called up share capital 10 10
Profit and loss account 7,445 29,803
Shareholder's funds 7,455 29,813
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr O Gunduz
Director
Approved by the board on 13 May 2025
BAR AMERICANOS LTD
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 5
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2023 10,000
At 31 August 2024 10,000
Depreciation
At 31 August 2024 -
Net book value
At 31 August 2024 10,000
At 31 August 2023 10,000
4 Debtors 2024 2023
£ £
Other debtors 25,825 50,449
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 28,333 33,333
Other taxes and social security costs 2,141 2,286
Other creditors 500 500
30,974 36,119
6 Other information
BAR AMERICANOS LTD is a private company limited by shares and incorporated in England. Its registered office is:
Altamar
Kings Road
Prince of Wales Dock
Swansea
SA1 8PP
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