REGISTERED NUMBER: 11149377 (England and Wales)

Financial Statements for the Year Ended 28th February 2025

for

BUSH PUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L S Gill

SECRETARY:

REGISTERED OFFICE:

218 St Pauls Road

Smethwick

Birmingham

West Midlands

B66 1QS

REGISTERED NUMBER:

11149377 (England and Wales)

ACCOUNTANT:

A K & Co Accountants

732 Walsall Road

Great Barr

Birmingham

West Midlands

B42 1EX

FIXED ASSETS

Intangible assets

4

6,000

8,000

Property, plant and equipment

5

104,075

105,721

110,075

113,721

CURRENT ASSETS

Inventories

6

5,771

6,077

Cash at bank and in hand

4,016

10,868

9,787

16,945

CREDITORS

Amounts falling due within one year

7

74,300

85,787

NET CURRENT LIABILITIES

(64,513

)

(68,842

)

TOTAL ASSETS LESS CURRENT LIABILITIES

45,562

44,879

CREDITORS

Amounts falling due after more than one year

8

16,441

27,881

NET ASSETS

29,121

16,998

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

11

29,120

16,997

SHAREHOLDERS' FUNDS

29,121

16,998

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21st April 2025 and were signed by:

L S Gill - Director

1.	STATUTORY INFORMATION

BUSH PUB 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.

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

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.

Tangible fixed assets

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

Fixtures and fittings 15% pa on reducing balance

Good will 10% pa on flat rates

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st March 2024

and 28th February 2025

20,000

AMORTISATION

At 1st March 2024

12,000

Amortisation for year

2,000

At 28th February 2025

14,000

NET BOOK VALUE

At 28th February 2025

6,000

At 29th February 2024

8,000

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 1st March 2024

and 28th February 2025

104,074

16,500

120,574

DEPRECIATION

At 1st March 2024

-

14,853

14,853

Charge for year

-

1,646

1,646

At 28th February 2025

-

16,499

16,499

NET BOOK VALUE

At 28th February 2025

104,074

1

104,075

At 29th February 2024

104,074

1,647

105,721

6.	INVENTORIES

28.2.25

29.2.24

£

£

Stocks

5,771

6,077

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

5,011

4,138

Tax

3,483

5,418

Social security and other taxes

2,085

2,488

Directors' current accounts

62,471

72,493

Accrued expenses

1,250

1,250

74,300

85,787

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Other loans (see note 9)

16,441

27,881

9.

LOANS

An analysis of the maturity of loans is given below:

28.2.25

29.2.24

£

£

Amounts falling due between one and two years:

Other loans - 1-2 years

16,441

27,881

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

1

ordinary share capital

£1

1

1

11.

RESERVES

Retained

earnings

£

At 1st March 2024

16,997

Profit for the year

12,123

At 28th February 2025

29,120