Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false81682024-02-01falseNo description of principal activitytruefalse 11757201 2024-02-01 2025-01-31 11757201 2023-02-01 2024-01-31 11757201 2025-01-31 11757201 2024-01-31 11757201 2023-02-01 11757201 c:Director1 2024-02-01 2025-01-31 11757201 c:Director2 2024-02-01 2025-01-31 11757201 d:PlantMachinery 2024-02-01 2025-01-31 11757201 d:PlantMachinery 2025-01-31 11757201 d:PlantMachinery 2024-01-31 11757201 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 11757201 d:ComputerEquipment 2024-02-01 2025-01-31 11757201 d:ComputerEquipment 2025-01-31 11757201 d:ComputerEquipment 2024-01-31 11757201 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 11757201 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 11757201 d:CurrentFinancialInstruments 2025-01-31 11757201 d:CurrentFinancialInstruments 2024-01-31 11757201 d:Non-currentFinancialInstruments 2025-01-31 11757201 d:Non-currentFinancialInstruments 2024-01-31 11757201 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 11757201 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 11757201 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 11757201 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 11757201 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-01-31 11757201 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-01-31 11757201 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-01-31 11757201 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 11757201 d:ShareCapital 2025-01-31 11757201 d:ShareCapital 2024-01-31 11757201 d:SharePremium 2025-01-31 11757201 d:SharePremium 2024-01-31 11757201 d:RetainedEarningsAccumulatedLosses 2025-01-31 11757201 d:RetainedEarningsAccumulatedLosses 2024-01-31 11757201 d:AcceleratedTaxDepreciationDeferredTax 2025-01-31 11757201 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 11757201 c:FRS102 2024-02-01 2025-01-31 11757201 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 11757201 c:FullAccounts 2024-02-01 2025-01-31 11757201 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11757201 d:WithinOneYear 2025-01-31 11757201 d:WithinOneYear 2024-01-31 11757201 d:BetweenOneFiveYears 2025-01-31 11757201 d:BetweenOneFiveYears 2024-01-31 11757201 d:MoreThanFiveYears 2025-01-31 11757201 d:MoreThanFiveYears 2024-01-31 11757201 2 2024-02-01 2025-01-31 11757201 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure
Registered number: 11757201














CONTEMPORARY PUBS LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 JANUARY 2025

 
CONTEMPORARY PUBS LTD
REGISTERED NUMBER: 11757201

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2024
Note

Fixed assets
  

Tangible assets
 4 
54,445
39,222

  
54,445
39,222

Current assets
  

Stocks
 5 
46,337
48,756

Debtors: amounts falling due within one year
 6 
954,254
103,331

Cash at bank and in hand
 7 
53,434
638,195

  
1,054,025
790,282

Creditors: amounts falling due within one year
 8 
(780,023)
(543,911)

Net current assets
  
 
 
274,002
 
 
246,371

Total assets less current liabilities
  
328,447
285,593

Creditors: amounts falling due after more than one year
 9 
(3,333)
(13,333)

Provisions for liabilities
  

Deferred tax
 11 
(13,611)
(9,806)

  
 
 
(13,611)
 
 
(9,806)

Net assets
  
£311,503
£262,454


Capital and reserves
  

Called up share capital 
  
1,112
1,112

Share premium account
  
1,912
1,912

Profit and loss account
  
308,479
259,430

  
£311,503
£262,454


Page 1

 
CONTEMPORARY PUBS LTD
REGISTERED NUMBER: 11757201

BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 June 2025.




W M Sheldon
N Sheldon
Director
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
CONTEMPORARY PUBS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

Contemporary Pubs Ltd is a private company limited by share, incorporated in England and Wales. The company number is 11757201. The registered office address is Henwood House, Henwood, Ashford, Kent TN24 8DH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
CONTEMPORARY PUBS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
CONTEMPORARY PUBS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
CONTEMPORARY PUBS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 81 (2024 -68).


4.


Tangible fixed assets





Plant and machinery
Computer equipment
Total



Cost or valuation


At 1 February 2024
40,225
23,868
64,093


Additions
32,929
375
33,304



At 31 January 2025

73,154
24,243
97,397



Depreciation


At 1 February 2024
14,025
10,846
24,871


Charge for the year on owned assets
14,785
3,296
18,081



At 31 January 2025

28,810
14,142
42,952



Net book value



At 31 January 2025
£44,344
£10,101
£54,445



At 31 January 2024
£26,200
£13,022
£39,222


5.


Stocks

2025
2024

Finished goods and goods for resale
£46,337
£48,756


Page 6

 
CONTEMPORARY PUBS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

6.


Debtors

2025
2024


Trade debtors
9,628
9,567

Amounts owed by group undertakings
803,700
-

Other debtors
88,108
62,709

Prepayments and accrued income
52,818
31,055

£954,254
£103,331



7.


Cash and cash equivalents

2025
2024

Cash at bank and in hand
£53,434
£638,195



8.


Creditors: Amounts falling due within one year

2025
2024

Bank loans
10,000
10,000

Trade creditors
265,182
174,481

Corporation tax
36,719
41,597

Other taxation and social security
175,518
175,656

Other creditors
93,302
54,707

Accruals and deferred income
199,302
87,470

£780,023
£543,911



9.


Creditors: Amounts falling due after more than one year

2025
2024

Bank loans
£3,333
£13,333


Page 7

 
CONTEMPORARY PUBS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

10.


Loans


Analysis of the maturity of loans is given below:


2025
2024

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
3,333
10,000


3,333
10,000

Amounts falling due 2-5 years

Bank loans
-
3,333


-
3,333


£13,333
£23,333


Page 8

 
CONTEMPORARY PUBS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

11.


Deferred taxation




2025
2024





At beginning of year
9,806
8,349


Charged to profit or loss
3,805
1,457



At end of year
£13,611
£9,806

The provision for deferred taxation is made up as follows:

2025
2024


Accelerated capital allowances
13,611
9,806

£13,611
£9,806


12.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £27,560 (2024: £19,011) . Contributions totalling £5,967 (2024: £5,107) were payable to the fund at the balance sheet date and are included within creditors.


13.


Commitments under operating leases

At 31 January 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2025
2024


Not later than 1 year
65,614
78,947

Later than 1 year and not later than 5 years
237,193
244,524

Later than 5 years
74,667
130,666

£377,474
£454,137


14.


Related party transactions

The company recharged costs to its parent totalling £29,435 (2024: £nil). The company was charged rent and utility costs of £177,680 (2024: £nil) by its parent company on normal commercial terms. At the balance sheet date, the parent company owed Contemporary Pubs Ltd £803,700 (2024: £nil) in respect of loans made. Contemporary Pubs Ltd owed its parent £58,800 (2024: £nil) in respect of unpaid invoices these are disclosed within trade creditors.

Page 9

 
CONTEMPORARY PUBS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

15.

Ultimate parent undertaking and controlling party

At the balance sheet date, the immediate and ultimate parent undertaking is Contemporary Pubs Holdings Limited, a company incorporated in England and Wales. 
Mr W and Mrs N Sheldon is the controlling party of the company.
The company is exempt from the requirement of preparing consolidated financial statements as it is a subsidiary undertaking of a small group under section 383 of the Companies Act 2006.
 



Page 10