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Company Registration No. 08723287 (England and Wales)
Bar 44 (Cardiff) Limited Unaudited accounts for the year ended 30 September 2025
Bar 44 (Cardiff) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Bar 44 (Cardiff) Limited Company Information for the year ended 30 September 2025
Directors
Thomas Morgan Natalie Isaac Owen Morgan
Company Number
08723287 (England and Wales)
Registered Office
14 Quay Street Cardiff CF10 1EA United Kingdom
Accountants
STAS Ltd 253 Cowbridge Road West Cardiff CF5 5TD
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Bar 44 (Cardiff) Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
41,110
42,933
Current assets
Inventories
20,961
18,388
Debtors
5
802,557
858,708
Cash at bank and in hand
380,179
428,456
1,203,697
1,305,552
Creditors: amounts falling due within one year
6
(512,660)
(583,938)
Net current assets
691,037
721,614
Total assets less current liabilities
732,147
764,547
Creditors: amounts falling due after more than one year
7
-
(96,694)
Provisions for liabilities
Deferred tax
(5,022)
(5,022)
Net assets
727,125
662,831
Capital and reserves
Called up share capital
1
1
Profit and loss account
727,124
662,830
Shareholders' funds
727,125
662,831
For the year ending 30 September 2025 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 directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2026 and were signed on its behalf by
Natalie Isaac Director Company Registration No. 08723287
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Bar 44 (Cardiff) Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Bar 44 (Cardiff) Limited is a private company, limited by shares, registered in England and Wales, registration number 08723287. The registered office is 14 Quay Street, Cardiff, CF10 1EA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Fixtures & fittings
15% on cost
Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Bar 44 (Cardiff) Limited Notes to the Accounts for the year ended 30 September 2025
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 October 2024
35,950
42,834
-
78,784
Additions
2,157
6,662
3,859
12,678
At 30 September 2025
38,107
49,496
3,859
91,462
Depreciation
At 1 October 2024
13,837
22,014
-
35,851
Charge for the year
6,124
7,975
402
14,501
At 30 September 2025
19,961
29,989
402
50,352
Net book value
At 30 September 2025
18,146
19,507
3,457
41,110
At 30 September 2024
22,113
20,820
-
42,933
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
8,941
5,464
Accrued income and prepayments
26,893
-
Other debtors
14,493
28,510
50,327
33,974
Amounts falling due after more than one year
Amounts due from group undertakings etc.
752,230
824,734
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
46,047
VAT
50,025
45,237
Trade creditors
76,745
69,623
Amounts owed to group undertakings and other participating interests
274,227
277,267
Taxes and social security
21,791
30,778
Other creditors
14,092
34,940
Accruals
75,780
80,046
512,660
583,938
- 6 -
Bar 44 (Cardiff) Limited Notes to the Accounts for the year ended 30 September 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
78,953
Other creditors
-
17,741
-
96,694
8
Operating lease commitments
2025
2024
£
£
At 30 September 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
62,000
62,000
Later than one year and not later than five years
217,000
279,000
279,000
341,000
9
Average number of employees
During the year the average number of employees was 29 (2024: 24).
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