City Icon Bars Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10378235

City Icon Bars Limited

Filleted Unaudited Financial Statements

30 September 2024

City Icon Bars Limited

Statement of Financial Position

30 September 2024

	2024	2023
Note	£	£

Current assets

Stocks		22,770	–
Debtors	5	53,262	186,842
Cash at bank and in hand		2,003	81
		--------	---------
		78,035	186,923

Creditors: amounts falling due within one year	6	830,623	734,099
		---------	---------
Net current liabilities		752,588	547,176
		---------	---------
Total assets less current liabilities		( 752,588)	( 547,176)

Creditors: amounts falling due after more than one year	7	36,236	40,195
		---------	---------
Net liabilities		( 788,824)	( 587,371)
		---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 788,825)	( 587,372)
	---------	---------
Shareholders deficit	( 788,824)	( 587,371)
	---------	---------

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 September 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 members have 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 .

City Icon Bars Limited

Statement of Financial Position (continued)

30 September 2024

These financial statements were approved by the board of directors and authorised for issue on 20 September 2025 , and are signed on behalf of the board by:

Mr R Payne
Director

Company registration number: 10378235

City Icon Bars Limited

Notes to the Financial Statements

Year ended 30 September 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 Jubilee House, Townsend Lane, London, NW9 8TZ, UK.

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 for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 15 (2023: Nil).

5. Debtors

	2024	2023
	£	£
Trade debtors	13,091	–
Amounts owed by Associated Companies	6,700	167,661
Other debtors	33,471	19,181
	--------	---------
	53,262	186,842
	--------	---------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	38,298	2,722
Trade creditors	116,428	724,732
Amounts owed to Associated Companies	37,359	–
Corporation tax	4,221	4,005
Social security and other taxes	41,019	–
Other creditors	582,865	140
Other creditors	10,433	2,500
	---------	---------
	830,623	734,099
	---------	---------

7. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	29,403	40,195
Other creditors	6,833	–
	--------	--------
	36,236	40,195
	--------	--------

8. Related party transactions

City Icon Bars Limited (Camden Icons Ltd) is related party to The Diners Inn 4 Ltd, and The Table Services by Virtue of common directorship.

		2024
		£
	The Table Services Ltd	6,700
	The Diners Inn 4 Ltd	(37,359)