REGISTERED NUMBER: 05624981 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

THE BARTY PARTY COMPANY LIMITED

TRADING AS

THE WHEATSHEAF

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Barton

Mr J Barton

REGISTERED OFFICE:

The Wheatsheaf

Combe Hay

BATH

Avon

BA2 7EG

REGISTERED NUMBER:

05624981 (England and Wales)

ACCOUNTANTS:

PG Owen Limited

Chartered Accountants

124 High Street

Midsomer Norton

Bath

Avon

BA3 2DA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

364,943

407,899

364,943

407,899

CURRENT ASSETS

Stocks

5,250

5,500

Cash at bank

652

16

5,902

5,516

CREDITORS

Amounts falling due within one year

6

560,137

542,681

NET CURRENT LIABILITIES

(554,235

)

(537,165

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(189,292

)

(129,266

)

CREDITORS

Amounts falling due after more than one year

7

(363,051

)

(424,859

)

PROVISIONS FOR LIABILITIES

(1,708

)

-

NET LIABILITIES

(554,051

)

(554,125

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(554,151

)

(554,225

)

SHAREHOLDERS' FUNDS

(554,051

)

(554,125

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by:

Mrs A Barton - Director

1.	STATUTORY INFORMATION

The Barty Party Company 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

Turnover represents amounts receivable for restaurant and accommodation services supplied in the year, including the provision of accommodation and related guest services, bar and restaurant sales, net applicable of Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of three 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.

Freehold property

-

4% on cost

Plant and equipment

-

25% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

50% on cost

Stocks

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

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.

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.

Going concern

The accounts have been prepared on a going concern basis. The company's liabilities exceeded its assets at the end of the year end. The company is reliant upon the support of the directors and the bank, and the directors are not aware of any reasons why this support will not continue. In the directors' opinion, it is appropriate to continue to prepare accounts on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

157,500

AMORTISATION

At 1 May 2024

and 30 April 2025

157,500

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

equipment

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 May 2024

1,145,745

58,516

113,581

500

1,318,342

Additions

-

-

-

7,500

7,500

At 30 April 2025

1,145,745

58,516

113,581

8,000

1,325,842

DEPRECIATION

At 1 May 2024

751,647

50,214

108,082

500

910,443

Charge for year

42,030

4,056

2,495

1,875

50,456

At 30 April 2025

793,677

54,270

110,577

2,375

960,899

NET BOOK VALUE

At 30 April 2025

352,068

4,246

3,004

5,625

364,943

At 30 April 2024

394,098

8,302

5,499

-

407,899

Freehold property contains land valued at £95,000, which has not been depreciated.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

54,322

49,774

Trade creditors

52,977

76,626

Tax

37,049

34,422

Social security and other taxes

272,846

199,905

Other creditors

898

786

Directors' current accounts

136,207

175,261

Accrued expenses

5,838

5,907

560,137

542,681

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

363,051

424,859

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

413,871

464,100

The bank loan is secured by a charge over the company's freehold premises.