Company Registration No. 11332448 (England and Wales)
Ounces Bar and Restaurant Limited
Unaudited accounts
for the year ended 31 March 2025
Ounces Bar and Restaurant Limited
Unaudited accounts
Contents
Ounces Bar and Restaurant Limited
Company Information
for the year ended 31 March 2025
Directors
Mr Shane Peckover
Mrs Amy Peckover
Company Number
11332448 (England and Wales)
Registered Office
40 The Tything
Worcester
WR1 1JL
GBR
Ounces Bar and Restaurant Limited
Statement of financial position
as at 31 March 2025
Tangible assets
20,671
38,381
Cash at bank and in hand
506,698
317,632
Creditors: amounts falling due within one year
(372,474)
(211,270)
Net current assets
175,765
142,168
Net assets
196,436
180,549
Called up share capital
2
2
Profit and loss account
196,434
180,547
Shareholders' funds
196,436
180,549
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 30 August 2025 and were signed on its behalf by
Mr Shane Peckover
Director
Company Registration No. 11332448
Ounces Bar and Restaurant Limited
Notes to the Accounts
for the year ended 31 March 2025
Ounces Bar and Restaurant Limited is a private company, limited by shares, registered in England and Wales, registration number 11332448. The registered office is 40 The Tything, Worcester, WR1 1JL, GBR.
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 in accordance with the provisions of FRS 102 Section 1A small entities. There were no material departures from that standard
The accounts are presented in £ sterling.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
7,196
15,531
69,678
1,215
93,620
Disposals
-
(12,990)
-
-
(12,990)
At 31 March 2025
7,196
2,541
69,678
1,215
80,630
At 1 April 2024
2,736
4,035
47,757
711
55,239
Charge for the year
1,114
167
5,479
125
6,885
On disposals
-
(2,165)
-
-
(2,165)
At 31 March 2025
3,850
2,037
53,236
836
59,959
At 31 March 2025
3,346
504
16,442
379
20,671
At 31 March 2024
4,460
11,496
21,921
504
38,381
Ounces Bar and Restaurant Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
43,845
55,123
Taxes and social security
84,414
34,731
Loans from directors
94,768
41,984
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 20 (2024: 20).