25 false false false false false false false false false false true false false false false false false No description of principal activity 2023-12-01 Sage Accounts Production Advanced 2024 - FRS102_2024 32,000 5,111 3,200 8,311 23,689 26,889 xbrli:pure xbrli:shares iso4217:GBP 6428360 2023-12-01 2024-11-30 6428360 2024-11-30 6428360 2023-11-30 6428360 2022-12-01 2023-11-30 6428360 2023-11-30 6428360 2022-11-30 6428360 core:NetGoodwill 2023-12-01 2024-11-30 6428360 core:MotorVehicles 2023-12-01 2024-11-30 6428360 bus:Director1 2023-12-01 2024-11-30 6428360 core:NetGoodwill 2023-11-30 6428360 core:NetGoodwill 2024-11-30 6428360 core:LandBuildings core:ShortLeaseholdAssets 2023-11-30 6428360 core:MotorVehicles 2023-11-30 6428360 core:LandBuildings core:ShortLeaseholdAssets 2024-11-30 6428360 core:MotorVehicles 2024-11-30 6428360 core:LandBuildings core:ShortLeaseholdAssets 2023-12-01 2024-11-30 6428360 core:WithinOneYear 2024-11-30 6428360 core:WithinOneYear 2023-11-30 6428360 core:AfterOneYear 2024-11-30 6428360 core:AfterOneYear 2023-11-30 6428360 core:ShareCapital 2024-11-30 6428360 core:ShareCapital 2023-11-30 6428360 core:RetainedEarningsAccumulatedLosses 2024-11-30 6428360 core:RetainedEarningsAccumulatedLosses 2023-11-30 6428360 core:BetweenOneFiveYears 2024-11-30 6428360 core:BetweenOneFiveYears 2023-11-30 6428360 core:MoreThanFiveYears 2024-11-30 6428360 core:MoreThanFiveYears 2023-11-30 6428360 core:NetGoodwill 2023-11-30 6428360 core:LandBuildings core:ShortLeaseholdAssets 2023-11-30 6428360 core:MotorVehicles 2023-11-30 6428360 bus:Director1 2023-11-30 6428360 bus:Director1 2022-11-30 6428360 bus:Director1 2023-11-30 6428360 bus:Director1 2022-12-01 2023-11-30 6428360 bus:SmallEntities 2023-12-01 2024-11-30 6428360 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 6428360 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 6428360 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 6428360 bus:FullAccounts 2023-12-01 2024-11-30 6428360 core:OfficeEquipment 2023-11-30 6428360 core:OfficeEquipment 2023-12-01 2024-11-30 6428360 core:OfficeEquipment 2024-11-30
COMPANY REGISTRATION NUMBER: 6428360
Guerrilla Pub Company Ltd
Filleted Unaudited Financial Statements
30 November 2024
Guerrilla Pub Company Ltd
Statement of Financial Position
30 November 2024
2024
2023
Note
£
£
Fixed assets
Intangible assets
5
23,689
26,889
Tangible assets
6
169,663
132,334
---------
---------
193,352
159,223
Current assets
Stocks
93,006
60,774
Debtors
7
155,626
213,225
Cash at bank and in hand
1,579,784
1,082,320
------------
------------
1,828,416
1,356,319
Creditors: amounts falling due within one year
8
457,711
304,776
------------
------------
Net current assets
1,370,705
1,051,543
------------
------------
Total assets less current liabilities
1,564,057
1,210,766
Creditors: amounts falling due after more than one year
9
5,255
15,661
Provisions
17,398
13,662
------------
------------
Net assets
1,541,404
1,181,443
------------
------------
Capital and reserves
Called up share capital
1
1
Profit and loss account
1,541,403
1,181,442
------------
------------
Shareholder funds
1,541,404
1,181,443
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Guerrilla Pub Company Ltd
Statement of Financial Position (continued)
30 November 2024
These financial statements were approved by the board of directors and authorised for issue on 31 July 2025 , and are signed on behalf of the board by:
Mr J B McLauchlan
Director
Company registration number: 6428360
Guerrilla Pub Company Ltd
Notes to the Financial Statements
Year ended 30 November 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 3, Gerrish Avenue, Whitehall, Bristol, BS5 9DF.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
10% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Short leasehold property
-
Equally over the lease term
Motor vehicles
-
25% reducing balance
Equipment
-
25% reducing balance & 3 years straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.
Stocks
Stocks are measured 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 the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 25 (2023: 24 ).
5. Intangible assets
Goodwill
£
Cost
At 1 December 2023 and 30 November 2024
32,000
--------
Amortisation
At 1 December 2023
5,111
Charge for the year
3,200
--------
At 30 November 2024
8,311
--------
Carrying amount
At 30 November 2024
23,689
--------
At 30 November 2023
26,889
--------
6. Tangible assets
Short leasehold property
Motor vehicles
Equipment
Total
£
£
£
£
Cost
At 1 December 2023
131,454
44,325
181,830
357,609
Additions
34,625
38,534
73,159
Disposals
( 30,435)
( 30,435)
---------
--------
---------
---------
At 30 November 2024
166,079
13,890
220,364
400,333
---------
--------
---------
---------
Depreciation
At 1 December 2023
61,181
33,615
130,479
225,275
Charge for the year
4,828
824
22,764
28,416
Disposals
( 23,021)
( 23,021)
---------
--------
---------
---------
At 30 November 2024
66,009
11,418
153,243
230,670
---------
--------
---------
---------
Carrying amount
At 30 November 2024
100,070
2,472
67,121
169,663
---------
--------
---------
---------
At 30 November 2023
70,273
10,710
51,351
132,334
---------
--------
---------
---------
7. Debtors
2024
2023
£
£
Trade debtors
2,121
Other debtors
153,505
213,225
---------
---------
155,626
213,225
---------
---------
The debtors above include the following amounts falling due after more than one year:
2024
2023
£
£
Other debtors
104,283
61,533
---------
--------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
10,318
9,988
Trade creditors
205,373
119,959
Corporation tax
121,771
107,496
Social security and other taxes
68,312
41,419
Other creditors
51,937
25,914
---------
---------
457,711
304,776
---------
---------
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
5,255
15,661
-------
--------
10. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2024
2023
£
£
Not later than 1 year
247,847
184,468
Later than 1 year and not later than 5 years
794,861
564,560
Later than 5 years
311,458
439,640
------------
------------
1,354,166
1,188,668
------------
------------
11. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr J B McLauchlan
115,000
( 115,000)
---------
----
---------
----
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr J B McLauchlan
10,000
105,000
115,000
--------
---------
----
---------
The loans to the director are interest free and repayable on demand.