Bar Gourmet UK Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10202193

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		20,717		33,217
Tangible Assets	5		123,005		91,976

			143,722		125,193
CURRENT ASSETS
Stocks	6	8,870		14,951
Debtors	7	68,061		87,120
Cash at bank and in hand		457,410		731,957

		534,341		834,028
Creditors: Amounts Falling Due Within One Year	8	(240,142 )		(292,332 )

NET CURRENT ASSETS (LIABILITIES)			294,199		541,696

TOTAL ASSETS LESS CURRENT LIABILITIES			437,921		666,889

NET ASSETS			437,921		666,889

CAPITAL AND RESERVES
Called up share capital	9		1,225		1,225
Share premium account			195,223		195,223
Profit and Loss Account			241,473		470,441

SHAREHOLDERS' FUNDS			437,921		666,889

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Bar Gourmet UK Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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 director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Jacques Fontanier

Director

29/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Bar Gourmet UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10202193 . The registered office is 66 Lincoln's Inn Fields, London, WC2A 3LH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	depreciated at 10%-25% on a straight line basis.
Plant & Machinery	depreciated at 25% on a reducing balance basis.
Fixtures & Fittings	depreciated at 15% on a reducing balance basis.
Computer Equipment	depreciated at 33% on a straight line basis.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2023: 13)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	125,000

As at 31 December 2024	125,000

Amortisation
As at 1 January 2024	91,783
Provided during the period	12,500

As at 31 December 2024	104,283

Net Book Value
As at 31 December 2024	20,717

As at 1 January 2024	33,217

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Bar Gourmet UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	154,617	13,264	32,341	885	201,107
Additions	50,620	-	-	285	50,905

As at 31 December 2024	205,237	13,264	32,341	1,170	252,012

Depreciation
As at 1 January 2024	77,219	8,732	22,885	295	109,131
Provided during the period	16,969	1,133	1,419	355	19,876

As at 31 December 2024	94,188	9,865	24,304	650	129,007

Net Book Value
As at 31 December 2024	111,049	3,399	8,037	520	123,005

As at 1 January 2024	77,398	4,532	9,456	590	91,976

6. Stocks

	2024	2023
	£	£
Stock	8,870	14,951

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	-	17,674
Other debtors	68,061	69,446

	68,061	87,120

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	50,868	51,203
Other creditors	28,127	5,283
Taxation and social security	161,147	235,846

	240,142	292,332

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,225	1,225

1,225 Ordinary shares of £1 each

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