Registration number: 10135976

Sully's Sandwich Bar Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Sully's Sandwich Bar Limited

Company Information

Directors

Mrs D O'Sullivan Mr T R O'Sullivan

Registered office

Suite 1 The Portway Centre Old Sarum Park Old Sarum Salisbury Wiltshire SP4 6EB

Accountants

Numeric Accounting Chartered Certified AccountantsSuite 1 The Portway Centre Old Sarum Park Old Sarum Salisbury Wiltshire SP4 6EB

Sully's Sandwich Bar Limited

(Registration number: 10135976)
Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	765	1,446
Current assets
Debtors	5	1,250	1,250
Cash at bank and in hand		115	114
		1,365	1,364
Creditors: Amounts falling due within one year	6	(10,459)	(8,522)
Net current liabilities		(9,094)	(7,158)
Net liabilities		(8,329)	(5,712)
Capital and reserves
Called up share capital	7	100	100
Retained earnings		(8,429)	(5,812)
Shareholders' deficit		(8,329)	(5,712)

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Sully's Sandwich Bar Limited

(Registration number: 10135976)
Balance Sheet as at 30 April 2025 (continued)

Approved and authorised by the Board on 10 September 2025 and signed on its behalf by:
 

......................................... Mrs D O'Sullivan Director

......................................... Mr T R O'Sullivan Director

Sully's Sandwich Bar Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Suite 1 The Portway Centre
Old Sarum Park
Old Sarum
Salisbury
Wiltshire
SP4 6EB

These financial statements were authorised for issue by the Board on 10 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company has negative equity of -£8,429 (2024: -£5,812). The directors believe that the company will be able to meet its financial obligations as they fall due and have guaranteed that they will continue to support the business for a period of 12 months from the date the accounts are authorised for issue. Therefore they see no reason to disapply the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cost of Sales
The cost of sales is the accumulated total of all costs used to create a product or service, which has been sold.

Sully's Sandwich Bar Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

2	Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	25% & 33.33% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% & 33.33% Reducing Balance

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
A financial instrument is a contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.
 Recognition and measurement
When a financial asset or financial liability is recognised initially, the entity shall measure it at the transaction price unless the arrangement constitutes, in effect, a financing transaction. An arrangement constitutes a financing transaction if payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

At the end of each reporting period, an entity shall measure all financial instruments which constitute a financing arrangement at fair value and recognise changes in fair value in profit or loss.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Sully's Sandwich Bar Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 May 2024	3,783	8,747	2,400	14,930
Disposals	-	-	(2,400)	(2,400)
At 30 April 2025	3,783	8,747	-	12,530
Depreciation
At 1 May 2024	3,470	8,041	1,973	13,484
Charge for the year	78	176	-	254
Eliminated on disposal	-	-	(1,973)	(1,973)
At 30 April 2025	3,548	8,217	-	11,765
Carrying amount
At 30 April 2025	235	530	-	765
At 30 April 2024	313	706	427	1,446

5

Debtors

Current	2025 £	2024 £
Other debtors	1,250	1,250
	1,250	1,250

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	1,679	2,030
Taxation and social security		84	56
Accruals and deferred income		1,998	2,613
Other creditors		6,698	3,823
		10,459	8,522

Sully's Sandwich Bar Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	1,679	2,030

Related party transactions

Transactions with directors

2025	At 1 May 2024 £	Repayments by director £	At 30 April 2025 £
The loan is interest free and has no fixed date of repayment.	(3,394)	(2,552)	(5,946)

2024	At 1 May 2023 £	Repayments by director £	At 30 April 2024 £
The loan is interest free and has no fixed date of repayment.	(416)	(2,978)	(3,394)

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	16,045	20,720