Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-292025-03-292024-03-24falseEvent catering activities4637truetrue 10988833 2024-03-24 2025-03-29 10988833 2023-03-26 2024-03-23 10988833 2025-03-29 10988833 2024-03-23 10988833 2023-03-26 10988833 c:Director1 2024-03-24 2025-03-29 10988833 d:Buildings 2024-03-24 2025-03-29 10988833 d:Buildings 2025-03-29 10988833 d:Buildings 2024-03-23 10988833 d:Buildings d:OwnedOrFreeholdAssets 2024-03-24 2025-03-29 10988833 d:Buildings d:LongLeaseholdAssets 2024-03-24 2025-03-29 10988833 d:Buildings d:LongLeaseholdAssets 2025-03-29 10988833 d:Buildings d:LongLeaseholdAssets 2024-03-23 10988833 d:LandBuildings 2025-03-29 10988833 d:LandBuildings 2024-03-23 10988833 d:FurnitureFittings 2024-03-24 2025-03-29 10988833 d:FurnitureFittings 2025-03-29 10988833 d:FurnitureFittings 2024-03-23 10988833 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-03-24 2025-03-29 10988833 d:OfficeEquipment 2024-03-24 2025-03-29 10988833 d:OfficeEquipment 2025-03-29 10988833 d:OfficeEquipment 2024-03-23 10988833 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-03-24 2025-03-29 10988833 d:OwnedOrFreeholdAssets 2024-03-24 2025-03-29 10988833 d:CurrentFinancialInstruments 2025-03-29 10988833 d:CurrentFinancialInstruments 2024-03-23 10988833 d:Non-currentFinancialInstruments 2025-03-29 10988833 d:Non-currentFinancialInstruments 2024-03-23 10988833 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-29 10988833 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-23 10988833 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-29 10988833 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-23 10988833 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-29 10988833 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-23 10988833 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-29 10988833 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-23 10988833 d:ShareCapital 2024-03-24 2025-03-29 10988833 d:ShareCapital 2025-03-29 10988833 d:ShareCapital 2023-03-26 2024-03-23 10988833 d:ShareCapital 2024-03-23 10988833 d:ShareCapital 2023-03-26 10988833 d:SharePremium 2024-03-24 2025-03-29 10988833 d:SharePremium 2025-03-29 10988833 d:SharePremium 2023-03-26 2024-03-23 10988833 d:SharePremium 2024-03-23 10988833 d:SharePremium 2023-03-26 10988833 d:RetainedEarningsAccumulatedLosses 2024-03-24 2025-03-29 10988833 d:RetainedEarningsAccumulatedLosses 2025-03-29 10988833 d:RetainedEarningsAccumulatedLosses 2023-03-26 2024-03-23 10988833 d:RetainedEarningsAccumulatedLosses 2024-03-23 10988833 d:RetainedEarningsAccumulatedLosses 2023-03-26 10988833 c:OrdinaryShareClass1 2024-03-24 2025-03-29 10988833 c:OrdinaryShareClass1 2025-03-29 10988833 c:OrdinaryShareClass1 2024-03-23 10988833 c:OrdinaryShareClass2 2024-03-24 2025-03-29 10988833 c:OrdinaryShareClass2 2025-03-29 10988833 c:OrdinaryShareClass2 2024-03-23 10988833 c:OrdinaryShareClass3 2024-03-24 2025-03-29 10988833 c:OrdinaryShareClass3 2025-03-29 10988833 c:OrdinaryShareClass3 2024-03-23 10988833 c:FRS102 2024-03-24 2025-03-29 10988833 c:Audited 2024-03-24 2025-03-29 10988833 c:FullAccounts 2024-03-24 2025-03-29 10988833 c:PrivateLimitedCompanyLtd 2024-03-24 2025-03-29 10988833 c:SmallCompaniesRegimeForAccounts 2024-03-24 2025-03-29 10988833 2 2024-03-24 2025-03-29 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10988833










SUBURBAN VILLAGE PUB COMPANY LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE 53 WEEKS ENDED 29 MARCH 2025

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
REGISTERED NUMBER: 10988833

BALANCE SHEET
AS AT 29 MARCH 2025

29 March
23 March
2025
2024
Note
£
£

Fixed assets
  

Tangible fixed assets
 4 
3,894,730
2,832,829

Current assets
  

Stocks
 5 
48,407
28,828

Debtors: amounts falling due after more than one year
 6 
70,000
-

Debtors: amounts falling due within one year
 6 
112,199
34,626

Cash at bank and in hand
 7 
268,643
827,933

  
499,249
891,387

Current liabilities
  

Creditors: amounts falling due within one year
 8 
(610,341)
(317,391)

Net current (liabilities)/assets
  
 
 
(111,092)
 
 
573,996

Total assets less current liabilities
  
3,783,638
3,406,825

Creditors: amounts falling due after more than one year
 9 
(767,596)
(15,000)

Net assets
  
3,016,042
3,391,825


Capital and reserves
  

Called up share capital 
 11 
85,094
85,094

Share premium account
 12 
4,501,816
4,501,816

Profit and loss account
 12 
(1,570,868)
(1,195,085)

  
3,016,042
3,391,825


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 comprehensive income 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 19 August 2025.




G J Drew
Director

The notes on pages 4 to 11 form part of these financial statements.
Page 1

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
REGISTERED NUMBER: 10988833

BALANCE SHEET (CONTINUED)
AS AT 29 MARCH 2025


Page 2

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE 53 WEEKS ENDED 29 MARCH 2025


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£


At 1 March 2023
85,094
4,501,816
(931,246)
3,655,664


Comprehensive income for the period

Loss for the period
-
-
(263,839)
(263,839)
Total comprehensive income for the period
-
-
(263,839)
(263,839)



At 24 March 2024
85,094
4,501,816
(1,195,085)
3,391,825


Comprehensive income for the 53 weeks

Loss for the 53 weeks
-
-
(375,783)
(375,783)
Total comprehensive income for the 53 weeks
-
-
(375,783)
(375,783)


At 29 March 2025
85,094
4,501,816
(1,570,868)
3,016,042


The notes on pages 4 to 11 form part of these financial statements.

Page 3

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 53 WEEKS ENDED 29 MARCH 2025

1.


General information

Suburban Village Pub Company Limited is a private company limited by shares incorporated in England and Wales. The Company's registered office is 59 Longlands Lane, Findern, Derby, Derbyshire, DE65 6AH. The principal activity of the Company is the operation of public houses.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The Company's functional and presentational currency is GBP.
The Company has prepared it's financial statements to the nearest £. 

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have considered the appropriateness of the going concern basis of the preparation of the financial statements by considering a period of at least 12 months from the date of the approval of these financial statements. Rockpool Investments, who are connected to the majority ownership of the Company, are fully supportive of the business and have indicated willingness to provide further finance where necessary to ensure that the business remains a going concern. As a result, the directors are of the opinion that there are adequate resources available to continue trading for a period of at least 12 months

 
2.3

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.

Revenue in respect of drink and food sales is recognised at the point at which the goods are
provided, net of any discounts or rebates.

Page 4

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 53 WEEKS ENDED 29 MARCH 2025

2.Accounting policies (continued)

 
2.4

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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

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

 
2.6

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.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the 53 weeks in which they are incurred.

 
2.8

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.

 
2.9

Taxation

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.

 
2.10

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 5

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 53 WEEKS ENDED 29 MARCH 2025

2.Accounting policies (continued)


2.10
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2% straight line
Long-term leasehold property
-
Over the life of the lease
Fixtures and fittings
-
6.67% - 20% straight line
Office equipment
-
12.5% straight line

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.

 
2.11

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost is calculated on a first-in, first out basis. Provision is made for damaged and obsolete
stock where appropriate.

 
2.12

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.13

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.

 
2.14

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.

 
2.15

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Page 6

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 53 WEEKS ENDED 29 MARCH 2025

3.


Employees

The average monthly number of employees, including directors, during the 53 weeks was 46 (2024 - 37).


4.


Tangible fixed assets







Freehold property
Long-term leasehold property
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost


At 24 March 2024
1,371,785
1,356,192
401,396
22,486
3,151,859


Additions
-
829,166
336,550
15,508
1,181,224



At 29 March 2025

1,371,785
2,185,358
737,946
37,994
4,333,083



Depreciation


At 24 March 2024
121,969
94,928
93,221
8,912
319,030


Charge for the 53 weeks on owned assets
27,436
37,912
50,660
3,315
119,323



At 29 March 2025

149,405
132,840
143,881
12,227
438,353



Net book value



At 29 March 2025
1,222,380
2,052,518
594,065
25,767
3,894,730



At 23 March 2024
1,249,816
1,261,264
308,175
13,574
2,832,829




The net book value of land and buildings may be further analysed as follows:


29 March
23 March
2025
2024
£
£

Freehold
1,222,380
1,249,816

Long leasehold
2,052,518
1,261,264

3,274,898
2,511,080


Page 7

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 53 WEEKS ENDED 29 MARCH 2025

5.


Stocks

29 March
23 March
2025
2024
£
£

Food and drink stocks
48,407
28,828



6.


Debtors

29 March
23 March
2025
2024
£
£

Due after more than one year

Other debtors
70,000
-


29 March
23 March
2025
2024
£
£

Trade debtors
2,190
4,123

Other debtors
27,534
3,901

Prepayments and accrued income
82,475
26,602

112,199
34,626



7.


Cash and cash equivalents

29 March
23 March
2025
2024
£
£

Cash at bank and in hand
268,643
827,933



8.


Creditors: Amounts falling due within one year

29 March
23 March
2025
2024
£
£

Bank loans (see note 10)
10,000
10,000

Trade creditors
188,661
96,496

Other taxation and social security
43,922
15,310

Other creditors
53,752
30,316

Accruals and deferred income
314,006
165,269

610,341
317,391


Page 8

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 53 WEEKS ENDED 29 MARCH 2025

9.


Creditors: Amounts falling due after more than one year

29 March
23 March
2025
2024
£
£

Bank loans (see note 10)
767,596
15,000



10.


Loans


Analysis of the maturity of loans is given below:


29 March
23 March
2025
2024
£
£

Amounts falling due within one year

Bank loans
10,000
10,000

Amounts falling due 1-2 years

Bank loans
5,000
10,000

Amounts falling due 2-5 years

Bank loans
762,596
5,000

777,596
25,000


A bank loan of £15k is repayable in installments and interest is charged at 2.5% per annum. The bank loan is due to be repaid by Sep-26.
A bank loan obtained in the year has a principal loaned amount of £800k which is due to be repaid in full by Oct-27. The bank loan liability has been reduced by transaction costs incurred in the year in relation to obtaining the loan and the effective interest adjusted for as required under FRS102. Interest payable on the principal amount owed is repayable on a 6 monthly basis and is charged at 10% per annum.

Page 9

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 53 WEEKS ENDED 29 MARCH 2025

11.


Share capital

29 March
23 March
2025
2024
£
£
Allotted, called up and fully paid



10,585 (2024 - 10,585) Ordinary shares of £1.00 each
10,585
10,585
5,045,886 (2024 - 5,045,886) B Ordinary shares of £0.01 each
50,459
50,459
24,050 (2024 - 24,050) A Ordinary shares of £1.00 each
24,050
24,050

85,094

85,094

Ordinary & A Ordinary shares have full voting rights, rights to dividends and capital distributions, including on winding up but have no rights of redemption.
B Ordinary shares have voting rights, rights to dividends and capital distributions, including on winding up but have no rights of redemption. As regards to voting, save in respect of any matter which requires the approval of B ordinary shareholders, the holders of B ordinary shares shall otherwise not be entitled to receive notice of attend or vote at general meetings of the company.



12.


Reserves

Share premium account

Includes premiums received on issue of share capital, less associated transaction costs arising from the share issue and is not distributable.

Profit and loss account

Includes all distributable current and prior period retained profits and losses.


13.


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 £11,405 (2024 - £6,121). Contributions totalling £2,837 (2024 - £680) were payable to the fund at the balance sheet date and are included in creditors.

Page 10

 
SUBURBAN VILLAGE PUB COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 53 WEEKS ENDED 29 MARCH 2025

14.


Related party transactions

There is not considered to be any key management personnel outside of the directors.
The following related party transactions occurred during the year:
Rockpool Investment Nominee Limited - majority shareholder
The Company incurred management charges of £83,703 (2024: £78,927) during the period. At the period end the Company owed £nil (2024: £7,944) which is included in trade creditors and £60,643 (2024: £39,718) which is included in accruals.
Flagstone Inns Limited - company with directors in common
The Company incurred management charges of £99,358 (2024: £80,600) during the period. At the period end the Company owed £5,517 (2024: £nil) which is included in trade creditors and £73,750 (2024: £40,000) which is included in accruals.
Danimon Limited - company with directors in common
The Company paid director fees of £20,106 (2024: £20,128) during the period to the Company with a director in common. At the period end the Company owed £15,000 (2024: £10,000) which is included in accruals.
Urban Village Pub Company Limited - company with directors in common
At the period end the Company was owed £10,608 (2024: £nil) which is included in other debtors. The Company also owes £7,000 (2024: £nil) which is included in accruals.
Metropolitan Village Pub Company Limited - company with directors in common
At the period end the Company was owed £11,964 (2024: £nil) which is included in other debtors.


15.


Controlling party

The ultimate controlling party is Rockpool Investments Nominee Limited. No one party is considered to
control Rockpool Investment Nominee Limited.


16.


Auditors' information

The auditors' report on the financial statements for the 53 weeks ended 29 March 2025 was unqualified.

The audit report was signed on 19 August 2025 by Jame Delve (Senior Statutory Auditor) on behalf of PKF Smith Cooper Audit Limited.


Page 11