Registered number
12147646
The Grill Off The Green Limited
Filleted Accounts
31 August 2024
The Grill Off The Green Limited
Registered number: 12147646
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 10,521 46,306
Current assets
Stocks 18,000 17,579
Debtors 4 11,977 7,119
Cash at bank and in hand 142,458 165,908
172,435 190,606
Creditors: amounts falling due within one year 5 (149,185) (158,457)
Net current assets 23,250 32,149
Total assets less current liabilities 33,771 78,455
Creditors: amounts falling due after more than one year 6 (25,451) (63,704)
Provisions for liabilities (1,999) (7,966)
Net assets 6,321 6,785
Capital and reserves
Called up share capital 1 1
Profit and loss account 6,320 6,784
Shareholders' funds 6,321 6,785
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
J M Worrall Thompson
Director
Approved by the board on 31 May 2025
The Grill Off The Green Limited
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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:
Plant and machinery 20% straight line
Fixtures, fittings, tools and equipment 25% straight line
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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 10 10
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 September 2023 37,676 63,999 101,675
Disposals - (59,999) (59,999)
At 31 August 2024 37,676 4,000 41,676
Depreciation
At 1 September 2023 21,620 33,749 55,369
Charge for the year 7,535 1,000 8,535
On disposals - (32,749) (32,749)
At 31 August 2024 29,155 2,000 31,155
Net book value
At 31 August 2024 8,521 2,000 10,521
At 31 August 2023 16,056 30,250 46,306
4 Debtors 2024 2023
£ £
Other debtors 11,977 7,119
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 5,556 5,556
Obligations under finance lease and hire purchase contracts - 6,541
Trade creditors 112,097 119,833
Taxation and social security costs 16,313 14,319
Other creditors 15,219 12,208
149,185 158,457
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 25,451 32,803
Obligations under finance lease and hire purchase contracts - 30,901
25,451 63,704
7 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years 5,091 10,647
8 Other information
The Grill Off The Green Limited is a private company limited by shares and incorporated in England. Its registered office is:
Playhatch House
Playhatch
Reading
RG4 9QU
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