REGISTERED NUMBER: 07147478 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Pub Leg Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

W P Howell

Registered office:

85 Church Road

Hove

East Sussex

BN3 2BB

Registered number:

07147478 (England and Wales)

Accountants:

Wilson Sandford Limited

Chartered accountants

85 Church Road

Hove

East Sussex

BN3 2BB

Fixed assets

Intangible assets

4

-

-

Tangible fixed assets

5

9,591

11,369

9,591

11,369

Current assets

Inventories

4,800

3,500

Debtors

6

586,443

653,915

Cash at bank and in hand

14,748

39,660

605,991

697,075

Creditors: amounts falling due within one year

7

104,926

136,567

Net current assets

501,065

560,508

Total assets less current liabilities

510,656

571,877

Creditors: amounts falling due after more than one year

8

(49,357

)

(84,305

)

Provisions for liabilities

(1,822

)

(2,029

)

Net assets

459,477

485,543

Capital and reserves

Called up share capital

9

1,000

1,000

Retained earnings

458,477

484,543

Shareholders' funds

459,477

485,543

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 September 2025 and were signed by:

W P Howell - Director

1.	Statutory information

Pub Leg Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.This is usually on dispatch of the goods.

Rendering of services

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Goodwill

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, was fully amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% reducing balance and 33% straight line

Computer equipment - 25% straight line

Stocks

Stocks are stated 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 stock to its present location and condition. Stock is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 4 (2024 - 5 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

29,999

Amortisation

At 1 April 2024

and 31 March 2025

29,999

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	Tangible fixed assets

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

3,839

76,332

3,549

83,720

Additions

-

4,411

-

4,411

At 31 March 2025

3,839

80,743

3,549

88,131

Depreciation

At 1 April 2024

3,839

66,222

2,290

72,351

Charge for year

-

5,629

560

6,189

At 31 March 2025

3,839

71,851

2,850

78,540

Net book value

At 31 March 2025

-

8,892

699

9,591

At 31 March 2024

-

10,110

1,259

11,369

6.

Debtors

2025

2024

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

70,978

140,914

Other debtors

13,697

13,711

84,675

154,625

Amounts falling due after more than one year:

Amounts owed by group undertakings

501,768

499,290

Aggregate amounts

586,443

653,915

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

23,293

62,603

Trade creditors

7,524

15,700

Taxation and social security

29,757

20,827

Other creditors

44,352

37,437

104,926

136,567

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

49,357

84,305

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.	Director's advances, credits and guarantees

The director has personally guaranteed the bank loan shown within creditors.