Public Bier Halles Bars & Clubs Limited SC186234 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is public houses and bars Digita Accounts Production Advanced 6.30.9574.0 true SC186234 2023-10-01 2024-09-30 SC186234 2024-09-30 SC186234 bus:OrdinaryShareClass1 2024-09-30 SC186234 core:CurrentFinancialInstruments 2024-09-30 SC186234 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 SC186234 core:Non-currentFinancialInstruments 2024-09-30 SC186234 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 SC186234 core:FurnitureFittingsToolsEquipment 2024-09-30 SC186234 core:LandBuildings 2024-09-30 SC186234 core:OtherPropertyPlantEquipment 2024-09-30 SC186234 bus:SmallEntities 2023-10-01 2024-09-30 SC186234 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 SC186234 bus:FilletedAccounts 2023-10-01 2024-09-30 SC186234 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC186234 bus:RegisteredOffice 2023-10-01 2024-09-30 SC186234 bus:CompanySecretary1 2023-10-01 2024-09-30 SC186234 bus:Director1 2023-10-01 2024-09-30 SC186234 bus:Director2 2023-10-01 2024-09-30 SC186234 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 SC186234 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC186234 core:FurnitureFittings 2023-10-01 2024-09-30 SC186234 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 SC186234 core:LandBuildings 2023-10-01 2024-09-30 SC186234 core:OfficeEquipment 2023-10-01 2024-09-30 SC186234 core:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 SC186234 core:PlantMachinery 2023-10-01 2024-09-30 SC186234 core:OtherRelatedParties 2023-10-01 2024-09-30 SC186234 countries:Scotland 2023-10-01 2024-09-30 SC186234 2023-09-30 SC186234 core:FurnitureFittingsToolsEquipment 2023-09-30 SC186234 core:LandBuildings 2023-09-30 SC186234 core:OtherPropertyPlantEquipment 2023-09-30 SC186234 2022-10-01 2023-09-30 SC186234 2023-09-30 SC186234 bus:OrdinaryShareClass1 2023-09-30 SC186234 core:CurrentFinancialInstruments 2023-09-30 SC186234 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 SC186234 core:Non-currentFinancialInstruments 2023-09-30 SC186234 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 SC186234 core:FurnitureFittingsToolsEquipment 2023-09-30 SC186234 core:LandBuildings 2023-09-30 SC186234 core:OtherPropertyPlantEquipment 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC186234

Public Bier Halles Bars & Clubs Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2024

 

Public Bier Halles Bars & Clubs Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 10

 

Public Bier Halles Bars & Clubs Limited

Company Information

Directors

Mrs E I McDowall

Mr K McDowall

Company secretary

Mr A McColl

Registered office

Merlin House C/o Defacto Fd Limited
Mossland Road
Hillington Park
Glasgow
G52 4XZ

 

Public Bier Halles Bars & Clubs Limited

(Registration number: SC186234)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

45,910

41,697

Current assets

 

Stocks

5

21,200

22,500

Debtors

39,268

62,030

Cash at bank and in hand

 

15,504

69,835

 

75,972

154,365

Creditors: Amounts falling due within one year

6

(502,984)

(545,154)

Net current liabilities

 

(427,012)

(390,789)

Total assets less current liabilities

 

(381,102)

(349,092)

Creditors: Amounts falling due after more than one year

6

(98,076)

(119,628)

Net liabilities

 

(479,178)

(468,720)

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

(479,179)

(468,721)

Shareholders' deficit

 

(479,178)

(468,720)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

Public Bier Halles Bars & Clubs Limited

(Registration number: SC186234)
Balance Sheet as at 30 September 2024

Approved and authorised by the Board on 18 June 2025 and signed on its behalf by:
 

.........................................
Mrs E I McDowall
Director

 

Public Bier Halles Bars & Clubs Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Merlin House C/o Defacto Fd Limited
Mossland Road
Hillington Park
Glasgow
G52 4XZ
UK

These financial statements were authorised for issue by the Board on 18 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

 

Public Bier Halles Bars & Clubs Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% straight line

Fixtures and fittings

20% reducing balance and 25% straight line

Computer equipment

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Public Bier Halles Bars & Clubs Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 32 (2023 - 32).

 

Public Bier Halles Bars & Clubs Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 October 2023

2,500

159,640

21,967

184,107

Additions

-

24,299

3,948

28,247

Disposals

-

(2,792)

(673)

(3,465)

At 30 September 2024

2,500

181,147

25,242

208,889

Depreciation

At 1 October 2023

75

131,893

10,442

142,410

Charge for the year

25

18,950

4,775

23,750

Eliminated on disposal

-

(2,792)

(389)

(3,181)

At 30 September 2024

100

148,051

14,828

162,979

Carrying amount

At 30 September 2024

2,400

33,096

10,414

45,910

At 30 September 2023

2,425

27,747

11,525

41,697

Included within the net book value of land and buildings above is £2,400 (2023 - £2,425) in respect of long leasehold land and buildings.
 

5

Stocks

2024
£

2023
£

Other inventories

21,200

22,500

 

Public Bier Halles Bars & Clubs Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

46,856

45,689

Trade creditors

 

139,854

179,820

Taxation and social security

 

154,705

151,882

Accruals and deferred income

 

30,691

30,691

Other creditors

 

130,878

137,072

 

502,984

545,154

Creditors include loans which are secured of £29,400 (2023 - £29400).

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

98,076

119,628

Creditors include loans which are secured of £77,726 (2023 - £97,939).

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

       
 

Public Bier Halles Bars & Clubs Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

98,076

119,628

Current loans and borrowings

2024
£

2023
£

Bank overdrafts

7,456

6,289

Other borrowings

39,400

39,400

46,856

45,689

9

Related party transactions

 

Public Bier Halles Bars & Clubs Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Summary of transactions with other related parties

Transactions with Other Related Parties As at the year end, a balance of £96,400 (2023 - £94,350) is due to Bar and Club Property UK Limited - a related party.

As at the year end, a balance of £32,455 (2023 - £19,713) is due from Barr Management Services Limited - a related party.

As at the year end, a balance of £2,791 (2023 - £18,388) is due from Barr Trade Services Ltd - a related party