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REGISTERED NUMBER: 12732159 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

PUG PUBS SHIPSTON ON STOUR LIMITED

PUG PUBS SHIPSTON ON STOUR LIMITED (REGISTERED NUMBER: 12732159)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PUG PUBS SHIPSTON ON STOUR LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTORS: Mr M A Crowther
Mrs A Crowther





REGISTERED OFFICE: 1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB





REGISTERED NUMBER: 12732159 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

PUG PUBS SHIPSTON ON STOUR LIMITED (REGISTERED NUMBER: 12732159)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 25,583 34,899

CURRENT ASSETS
Stocks 4,905 5,799
Debtors 5 6,329 11,219
Cash at bank and in hand 86,108 60,756
97,342 77,774
CREDITORS
Amounts falling due within one year 6 45,137 42,151
NET CURRENT ASSETS 52,205 35,623
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,788

70,522

CREDITORS
Amounts falling due after more than one
year

7

(5,516

)

(8,729

)

PROVISIONS FOR LIABILITIES 8 (4,162 ) (5,709 )
NET ASSETS 68,110 56,084

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 68,100 56,074
SHAREHOLDERS' FUNDS 68,110 56,084

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

PUG PUBS SHIPSTON ON STOUR LIMITED (REGISTERED NUMBER: 12732159)

BALANCE SHEET - continued
30 September 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 Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by:





Mr M A Crowther - Director


PUG PUBS SHIPSTON ON STOUR LIMITED (REGISTERED NUMBER: 12732159)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Pug Pubs Shipston on Stour Limited 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.

Significant judgements and estimates
The company is not subject to any significant judgements or estimates.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from rendering of services is recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Interest and dividends receivable
Interest income is recognised using the effective interest method and dividend income is recognised as the company's right to receive payment is established.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 15% on cost
Fixtures and fittings - 15% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.


PUG PUBS SHIPSTON ON STOUR LIMITED (REGISTERED NUMBER: 12732159)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

2. ACCOUNTING POLICIES - continued
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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

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

PUG PUBS SHIPSTON ON STOUR LIMITED (REGISTERED NUMBER: 12732159)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 490 61,618 62,108
DEPRECIATION
At 1 October 2023 171 27,038 27,209
Charge for year 73 9,243 9,316
At 30 September 2024 244 36,281 36,525
NET BOOK VALUE
At 30 September 2024 246 25,337 25,583
At 30 September 2023 319 34,580 34,899

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 49 89
Amounts owed by group undertakings 10 10
Other debtors 6,270 11,120
6,329 11,219

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 9,712 15,314
Taxation and social security 25,139 15,059
Other creditors 10,286 11,778
45,137 42,151

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 5,516 8,729

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 4,162 5,709

PUG PUBS SHIPSTON ON STOUR LIMITED (REGISTERED NUMBER: 12732159)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 5,709
Accelerated capital allowances (1,547 )
Balance at 30 September 2024 4,162

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet at 30th September 2024 amount to £47,693 (2023: £69,941).