Best of British (BOB) Hospitality Limited 11397149 false 2024-05-02 2025-05-01 2025-05-01 The principal activity of the company is public houses and bars. Digita Accounts Production Advanced 6.30.9574.0 true true 11397149 2024-05-02 2025-05-01 11397149 2025-05-01 11397149 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-05-01 11397149 core:RetainedEarningsAccumulatedLosses 2025-05-01 11397149 core:ShareCapital 2025-05-01 11397149 core:CurrentFinancialInstruments 2025-05-01 11397149 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-01 11397149 core:Non-currentFinancialInstruments core:AfterOneYear 2025-05-01 11397149 core:MoreThanFiveYears 1 2025-05-01 11397149 core:WithinOneYear 2025-05-01 11397149 core:FurnitureFittingsToolsEquipment 2025-05-01 11397149 core:LandBuildings 2025-05-01 11397149 core:OtherPropertyPlantEquipment 2025-05-01 11397149 bus:SmallEntities 2024-05-02 2025-05-01 11397149 bus:AuditExemptWithAccountantsReport 2024-05-02 2025-05-01 11397149 bus:FilletedAccounts 2024-05-02 2025-05-01 11397149 bus:SmallCompaniesRegimeForAccounts 2024-05-02 2025-05-01 11397149 bus:RegisteredOffice 2024-05-02 2025-05-01 11397149 bus:Director1 2024-05-02 2025-05-01 11397149 bus:Director2 2024-05-02 2025-05-01 11397149 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-05-02 2025-05-01 11397149 bus:PrivateLimitedCompanyLtd 2024-05-02 2025-05-01 11397149 bus:Agent1 2024-05-02 2025-05-01 11397149 core:FurnitureFittingsToolsEquipment 2024-05-02 2025-05-01 11397149 core:LandBuildings 2024-05-02 2025-05-01 11397149 core:LeaseholdImprovements 2024-05-02 2025-05-01 11397149 core:OtherPropertyPlantEquipment 2024-05-02 2025-05-01 11397149 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-05-02 2025-05-01 11397149 countries:EnglandWales 2024-05-02 2025-05-01 11397149 2024-05-01 11397149 core:FurnitureFittingsToolsEquipment 2024-05-01 11397149 core:LandBuildings 2024-05-01 11397149 core:OtherPropertyPlantEquipment 2024-05-01 11397149 2023-05-02 2024-05-01 11397149 2024-05-01 11397149 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-05-01 11397149 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2024-05-01 11397149 core:CurrentFinancialInstruments core:PreviouslyStatedAmount 2024-05-01 11397149 core:Non-currentFinancialInstruments core:AfterOneYear core:PreviouslyStatedAmount 2024-05-01 11397149 core:MoreThanFiveYears 1 2024-05-01 11397149 core:WithinOneYear 2024-05-01 11397149 core:FurnitureFittingsToolsEquipment 2024-05-01 11397149 core:LandBuildings 2024-05-01 11397149 core:OtherPropertyPlantEquipment 2024-05-01 11397149 core:PreviouslyStatedAmount 2024-05-01 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11397149

Best of British (BOB) Hospitality Limited
Unaudited Filleted Financial Statements
for the Year Ended 1 May 2025

Pages for filing with Registrar

Best of British (BOB) Hospitality Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Best of British (BOB) Hospitality Limited

Company Information

Directors | M A Flavin I T Frost

Registered office | 1st Floor 25 King Street Bristol BS1 4PB

Registered number | 11397149

Accountant | Corrigan Accountants Limited 1st Floor 25 King Street Bristol BS1 4PB

Best of British (BOB) Hospitality Limited

(Registration number: 11397149)
Balance Sheet as at 1 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | - | 141,583
Current assets |  |  |
Stocks | 5 | - | 34,364
Debtors | 6 | 30,340 | 106,570
Cash at bank and in hand |  | 67,404 | 82,863
|  | 97,744 | 223,797
Creditors: Amounts falling due within one year | 7 | (582,445) | (652,531)
Net current liabilities |  | (484,701) | (428,734)
Total assets less current liabilities |  | (484,701) | (287,151)
Creditors: Amounts falling due after more than one year | 7 | (151,996) | (151,996)
Provisions for liabilities |  | - | (7,896)
Net liabilities |  | (636,697) | (447,043)
Capital and reserves |  |  |
Called up share capital |  | 5 | 5
Profit and loss account |  | (636,702) | (447,048)
Total equity |  | (636,697) | (447,043)

Best of British (BOB) Hospitality Limited

(Registration number: 11397149)
Balance Sheet as at 1 May 2025

For the financial year ending 1 May 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised for issue by the Board on 23 January 2026 and signed on its behalf by:

M A Flavin
Director

Best of British (BOB) Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 May 2025

1 | Statutory information

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

The address of its registered office is:
1st Floor
25 King Street
Bristol
BS1 4PB
United Kingdom

2 | Accounting policies

Summary of significant accounting policies

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.
The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The company’s financial statements have been prepared on a going concern basis which assumes that the company has sufficient funds to continue to trade for the foreseeable future. The company made a loss this year of £189,654 (2024: £195,690) and there is a deficit in shareholders funds of £636,697 (2024: £447,043). The directors have indicated that they are willing to continue to support the company.
The company relinquished its leases on the two public houses they were operating and are activly looking for new opportunities.
The directors have considered a period of twelve months from the date of approval of the financial statements and believe that the company is able to meet liabilities as they fall due.

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 value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Best of British (BOB) Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 May 2025

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax
Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation.
The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Leasehold improvements | 2% on cost
Furniture, fittings and equipment | 10 - 25% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Trade creditors

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Best of British (BOB) Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 May 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

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.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 41 (2024 - 42).

Best of British (BOB) Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 May 2025

4 | Tangible fixed assets

| Land and buildings £ | Office equipment £ | Other tangible assets £ | Total £
Cost
At 2 May 2024 | 4,956 | 33,070 | 206,768 | 244,794
Disposals | (4,956) | (33,070) | (206,768) | (244,794)
At 1 May 2025 | - | - | - | -
Depreciation
At 2 May 2024 | 535 | 25,199 | 77,477 | 103,211
Eliminated on disposal | (535) | (25,199) | (77,477) | (103,211)
At 1 May 2025 | - | - | - | -
Carrying amount
At 1 May 2025 | - | - | - | -
At 1 May 2024 | 4,421 | 7,871 | 129,291 | 141,583

5 | Stocks

| 2025 £ | 2024 £
Other inventories | - | 34,364

6 | Debtors: amounts falling due within one year

| 2025 £ | 2024 £
Other debtors | 29,521 | 79,013
Prepayments and accrued income | 819 | 27,557
| 30,340 | 106,570

Best of British (BOB) Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 May 2025

7 | Creditors

| 2025 £ | 2024 £
Amounts falling due within one year |  |
Trade creditors | 92 | 56,666
Amounts owed to associated undertakings | 535,593 | 441,260
Taxation and social security | 2,982 | 52,667
Other creditors | - | 27,697
Accruals | 5,779 | 36,242
Directors' loan accounts | 37,999 | 37,999
| 582,445 | 652,531

The directors' loan accounts are interest free, unsecured and repayable on demand.

| 2025 £ | 2024 £
Due after more than one year |  |
Directors' loan accounts | 151,996 | 151,996
| 151,996 | 151,996

The directors' loan accounts are interest free and unsecured.

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £0.01 each | 500 | 5 | 500 | 5

Best of British (BOB) Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 1 May 2025

9 | Obligations under leases and hire purchase contracts

Operating leases

| 2025 £ | 2024 £
The total of future minimum lease payments is as follows: | - | 125,667

At the balance sheet date there were no leases in existence as the company had relinquished the leases in the year.

10 | Related party transactions

Summary of transactions with all entities with joint control or significant interest

Best of British (BOB) Hospitality Limited (joint control)
At the year end £535,593 (2024: £441,260) was owed to F&F Investments Limited.