Company Registration No. 11465934 (England and Wales)
P Of W Pub Company Ltd
Unaudited accounts
for the year ended 31 August 2024
P Of W Pub Company Ltd
Unaudited accounts
Contents
P Of W Pub Company Ltd
Company Information
for the year ended 31 August 2024
Director
John Frederick Burbage
Company Number
11465934 (England and Wales)
Registered Office
Prince Of Wales Tavistock Road
Princetown
Yelverton
PL20 6QF
England
Accountants
Swift Accounting & Bookkeeping Services Ltd
Ground Floor
The Custom House
The Strand
Barnstaple
Devon
EX31 1EU
P Of W Pub Company Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
76,663
82,406
Cash at bank and in hand
202,050
216,482
Creditors: amounts falling due within one year
(234,428)
(247,129)
Net current liabilities
(20,248)
(15,406)
Total assets less current liabilities
56,415
67,000
Creditors: amounts falling due after more than one year
(15,661)
(35,646)
Called up share capital
20
20
Profit and loss account
40,734
31,334
Shareholders' funds
40,754
31,354
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2025 and were signed on its behalf by
John Frederick Burbage
Director
Company Registration No. 11465934
P Of W Pub Company Ltd
Notes to the Accounts
for the year ended 31 August 2024
P Of W Pub Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 11465934. The registered office is Prince Of Wales Tavistock Road, Princetown, Yelverton, PL20 6QF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
23 Years Straight Line
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
P Of W Pub Company Ltd
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
92,773
20,679
9,773
123,225
At 31 August 2024
92,773
21,668
9,773
124,214
At 1 September 2023
20,168
13,687
6,964
40,819
Charge for the year
4,034
1,996
702
6,732
At 31 August 2024
24,202
15,683
7,666
47,551
At 31 August 2024
68,571
5,985
2,107
76,663
At 31 August 2023
72,605
6,992
2,809
82,406
Amounts falling due within one year
Accrued income and prepayments
8,130
9,296
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,119
-
Trade creditors
52,711
31,442
Taxes and social security
10,013
11,819
Loans from directors
152,613
152,614
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 18 (2023: 18).