BrightAccountsProduction v1.0.0 v1.0.0 2023-10-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts Restaurant. 4 June 2025 3 3 08210854 2024-09-30 08210854 2023-09-30 08210854 2022-09-30 08210854 2023-10-01 2024-09-30 08210854 2022-10-01 2023-09-30 08210854 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08210854 uk-curr:PoundSterling 2023-10-01 2024-09-30 08210854 uk-bus:AbridgedAccounts 2023-10-01 2024-09-30 08210854 uk-core:ShareCapital 2024-09-30 08210854 uk-core:ShareCapital 2023-09-30 08210854 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 08210854 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 08210854 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-09-30 08210854 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-09-30 08210854 uk-core:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 08210854 uk-bus:FRS102 2023-10-01 2024-09-30 08210854 uk-core:Goodwill 2023-10-01 2024-09-30 08210854 uk-core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 08210854 uk-core:Goodwill 2023-09-30 08210854 uk-core:Goodwill 2024-09-30 08210854 2023-10-01 2024-09-30 08210854 uk-bus:Director1 2023-10-01 2024-09-30 08210854 uk-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Verveine Restaurants Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 September 2024



Verveine Restaurants Limited
DIRECTOR'S REPORT
for the financial year ended 30 September 2024

 
The director presents his report and the unaudited financial statements for the financial year ended 30 September 2024.
     
Director
The director who served during the financial year is as follows:
     
David Wykes
   
There were no changes in shareholdings between 30 September 2024 and the date of signing the financial statements.
     
In accordance with the Constitution, the director retire by rotation and, being eligible, offer themselves for re-election.
     
Political Contributions
The company did not make any disclosable political donations in the current financial year.
     
Statement of Director's Responsibilities
     
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
select suitable accounting policies and apply them consistently;
make judgements and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________
David Wykes
Director
     
4 June 2025



Verveine Restaurants Limited
ABRIDGED PROFIT AND LOSS ACCOUNT
for the financial year ended 30 September 2024
2024 2023
Notes £ £

Gross profit 337,775 369,360
 
Administrative expenses (326,999) (345,866)
───────── ─────────
Operating profit 10,776 23,494
 
Interest payable and similar expenses (519) (519)
───────── ─────────
Profit before taxation 10,257 22,975
 
Tax on profit (3,493) (2,995)
───────── ─────────
Profit for the financial year 6,764 19,980
───────── ─────────
Total comprehensive income 6,764 19,980
    ═════════   ═════════



Verveine Restaurants Limited
Company Registration Number: 08210854
ABRIDGED BALANCE SHEET
as at 30 September 2024

2024 2023
Notes £ £
 
Fixed Assets
Intangible assets 4 84,228 84,228
Tangible assets 5 252,377 260,504
───────── ─────────
Fixed Assets 336,605 344,732
───────── ─────────
 
Current Assets
Debtors 20,007 40,692
Cash and cash equivalents 148,099 139,240
───────── ─────────
168,106 179,932
───────── ─────────
Creditors: amounts falling due within one year (107,431) (171,148)
───────── ─────────
Net Current Assets 60,675 8,784
───────── ─────────
Total Assets less Current Liabilities 397,280 353,516
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Retained earnings 397,180 353,416
───────── ─────────
Equity attributable to owners of the company 397,280 353,516
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 4 June 2025
           
           
________________________________          
David Wykes          
Director          
           



Verveine Restaurants Limited
STATEMENT OF CHANGES IN EQUITY
as at 30 September 2024

Called up Retained Total
share earnings
capital
£ £ £
 
At 1 October 2022 - 393,436 393,436
───────── ───────── ─────────
Profit for the financial year - 19,980 19,980
───────── ───────── ─────────
Payment of dividends - (60,000) (60,000)
  ───────── ───────── ─────────
At 30 September 2023 100 353,416 353,516
  ───────── ───────── ─────────
Profit for the financial year - 6,764 6,764
  ───────── ───────── ─────────
Payment of dividends - 37,000 37,000
  ───────── ───────── ─────────
At 30 September 2024 100 397,180 397,280
  ═════════ ═════════ ═════════



Verveine Restaurants Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 September 2024

   
1. General Information
 
Verveine Restaurants Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 08210854. The registered office of the company is 37 Brownsea Close, New Milton, Hampshire, BH25 5UG, United Kingdom which is also the principal place of business of the company. Restaurant. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 September 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Goodwill
Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 0 years, which is estimated to be the period during which benefits are expected to arise.  On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 15% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 3, (2023 - 3).
 
  2024 2023
  Number Number
 
Admin 3 3
  ═════════ ═════════
       
4. Intangible assets
     
  Goodwill Total
  £ £
Cost
At 1 October 2023 84,228 84,228
  ───────── ─────────
 
At 30 September 2024 84,228 84,228
  ───────── ─────────
Net book value
At 30 September 2024 84,228 84,228
  ═════════ ═════════
At 30 September 2023 84,228 84,228
  ═════════ ═════════
       
5. Tangible assets
  Fixtures, Total
  fittings and  
  equipment  
  £ £
Cost
At 1 October 2023 541,206 541,206
Additions 44,212 44,212
  ───────── ─────────
At 30 September 2024 585,418 585,418
  ───────── ─────────
Depreciation
At 1 October 2023 280,702 280,702
Charge for the financial year 52,339 52,339
  ───────── ─────────
At 30 September 2024 333,041 333,041
  ───────── ─────────
Net book value
At 30 September 2024 252,377 252,377
  ═════════ ═════════
At 30 September 2023 260,504 260,504
  ═════════ ═════════
       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 September 2024.
   
7. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.