Acorah Software Products - Accounts Production 19.3.550 false true false 23 October 2024 31 December 2025 31 December 2025 16036172 Mr A Payne Mr J Drape Boone Henry Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 16036172 2024-10-22 16036172 2025-12-31 16036172 2024-10-23 2025-12-31 16036172 frs-core:CurrentFinancialInstruments 2025-12-31 16036172 frs-core:Non-currentFinancialInstruments 2025-12-31 16036172 frs-core:BetweenOneFiveYears 2025-12-31 16036172 frs-core:ComputerEquipment 2025-12-31 16036172 frs-core:ComputerEquipment 2024-10-23 2025-12-31 16036172 frs-core:ComputerEquipment 2024-10-22 16036172 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-10-23 2025-12-31 16036172 frs-core:FurnitureFittings 2025-12-31 16036172 frs-core:FurnitureFittings 2024-10-23 2025-12-31 16036172 frs-core:FurnitureFittings 2024-10-22 16036172 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 16036172 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-23 2025-12-31 16036172 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-22 16036172 frs-core:MoreThanFiveYears 2025-12-31 16036172 frs-core:OtherResidualIntangibleAssets 2025-12-31 16036172 frs-core:OtherResidualIntangibleAssets 2024-10-23 2025-12-31 16036172 frs-core:OtherResidualIntangibleAssets 2024-10-22 16036172 frs-core:PlantMachinery 2025-12-31 16036172 frs-core:PlantMachinery 2024-10-23 2025-12-31 16036172 frs-core:PlantMachinery 2024-10-22 16036172 frs-core:WithinOneYear 2025-12-31 16036172 frs-core:ShareCapital 2025-12-31 16036172 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 16036172 frs-bus:PrivateLimitedCompanyLtd 2024-10-23 2025-12-31 16036172 frs-bus:FilletedAccounts 2024-10-23 2025-12-31 16036172 frs-bus:SmallEntities 2024-10-23 2025-12-31 16036172 frs-bus:AuditExempt-NoAccountantsReport 2024-10-23 2025-12-31 16036172 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-23 2025-12-31 16036172 frs-bus:Director1 2024-10-23 2025-12-31 16036172 frs-bus:Director2 2024-10-23 2025-12-31 16036172 frs-bus:CompanySecretary1 2024-10-23 2025-12-31 16036172 frs-countries:EnglandWales 2024-10-23 2025-12-31
Registered number: 16036172
Fine Time Pubs Limited
Unaudited Financial Statements
For the Period 23 October 2024 to 31 December 2025
Boone Henry Limited
Chartered Accountants and Business Advisers
Fine Time Pubs Limited
Contents
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—8
Page 1
Fine Time Pubs Limited
Statement of Financial Position
As At 31 December 2025
Statement of Financial Position
Registered number: 16036172
31 December 2025
Notes £ £
FIXED ASSETS
Intangible Assets 4 3
Tangible Assets 5 648,792
648,795
CURRENT ASSETS
Stocks 6 19,613
Debtors 7 221,451
Cash at bank and in hand 84,745
325,809
Creditors: Amounts Falling Due Within One Year 8 (377,767 )
NET CURRENT ASSETS (LIABILITIES) (51,958 )
TOTAL ASSETS LESS CURRENT LIABILITIES 596,837
Creditors: Amounts Falling Due After More Than One Year 9 (591,011 )
NET ASSETS 5,826
CAPITAL AND RESERVES
Called up share capital 12 100
Income Statement 5,726
SHAREHOLDERS' FUNDS 5,826
Page 1
Page 2
Fine Time Pubs Limited
Statement of Financial Position (continued)
As At 31 December 2025
For the period ending 31 December 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.
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 Income Statement.
On behalf of the board
Mr A Payne
Director
22/07/2026
The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
Fine Time Pubs Limited
Notes to the Financial Statements
For the Period 23 October 2024 to 31 December 2025
Notes to the Financial Statements
1. General Information
Fine Time Pubs Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16036172 . The registered office is 50-52 Salusbury Road, Kilburn, London, Greater London, NW6 6NN.
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. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The principal accounting policies adopted are set out below.
2.2. Turnover
Turnover is composed of food and drink and event ticket sales, and is shown net of VAT.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are composed of the acquisition cost of the retail outlets brand name. It is not amortised to the income statement as the carrying value is nominal and retained for record keeping purposes.
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:
Leasehold Over the term of the Lease (estimated 15 years)
Plant & Machinery 20% straight line
Fixtures & Fittings 20% and 33.3% straight line
Computer Equipment 33.3% straight line
Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether  there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash generating unit to which the asset belongs.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and estimated selling price.
Page 3
Page 4
Fine Time Pubs Limited
Notes to the Financial Statements (continued)
For the Period 23 October 2024 to 31 December 2025
2.7. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. 
Impairment of financial assets
Financial assets are assessed for indicators of impairment at each reporting end date.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.9. Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. 
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received
2.10. Retirement benefits
The company contributes towards the staff pension plan. Contributions are charged to profit and loss account as they are payable.
Page 4
Page 5
Fine Time Pubs Limited
Notes to the Financial Statements (continued)
For the Period 23 October 2024 to 31 December 2025
2.11. Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 20
20
4. Intangible Assets
Other
£
Cost
As at 23 October 2024 -
Additions 3
As at 31 December 2025 3
Net Book Value
As at 31 December 2025 3
As at 23 October 2024 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 23 October 2024 - - - - -
Additions 234,623 268,684 216,097 3,281 722,685
As at 31 December 2025 234,623 268,684 216,097 3,281 722,685
Depreciation
As at 23 October 2024 - - - - -
Provided during the period 7,097 40,659 25,331 806 73,893
As at 31 December 2025 7,097 40,659 25,331 806 73,893
Net Book Value
As at 31 December 2025 227,526 228,025 190,766 2,475 648,792
As at 23 October 2024 - - - - -
Page 5
Page 6
Fine Time Pubs Limited
Notes to the Financial Statements (continued)
For the Period 23 October 2024 to 31 December 2025
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
31 December 2025
£
Plant & Machinery 244,842
Fixtures & Fittings 98,888
343,730
6. Stocks
31 December 2025
£
Stock 19,613
7. Debtors
31 December 2025
£
Due within one year
Other debtors 221,451
8. Creditors: Amounts Falling Due Within One Year
31 December 2025
£
Net obligations under finance lease and hire purchase contracts 97,832
Trade creditors 114,155
Bank loans and overdrafts 1,937
Other loans and advances 5,286
Other creditors 77,306
Taxation and social security 81,251
377,767
9. Creditors: Amounts Falling Due After More Than One Year
31 December 2025
£
Net obligations under finance lease and hire purchase contracts 188,900
Other loans 385,385
Other creditors 16,726
591,011
Page 6
Page 7
Fine Time Pubs Limited
Notes to the Financial Statements (continued)
For the Period 23 October 2024 to 31 December 2025
10. Secured Creditors
Of the creditors the following amounts are secured.
31 December 2025
£
Net obligations under finance lease and hire purchase contracts 286,732
11. Obligations Under Finance Leases and Hire Purchase
31 December 2025
£
The future minimum finance lease payments are as follows:
Not later than one year 97,832
Later than one year and not later than five years 188,900
286,732
286,732
12. Share Capital
31 December 2025
£
Allotted, Called up and fully paid 100
13. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 December 2025
£
Not later than one year 117,733
Later than one year and not later than five years 280,000
Later than five years 52,356
450,089
Page 7
Page 8
Fine Time Pubs Limited
Notes to the Financial Statements (continued)
For the Period 23 October 2024 to 31 December 2025
14. Related Party Transactions
QP Fine Foods LimitedThe company's directors are alos directors of QP Fine Foods LimitedThe company purchases wine supplies from QP Fine Foods Limited on a cash sales basis paid for at point of sale. No credit sales are provided to the company. QP Fine Foods Limited recharged telecommunication costs at cost incurred since 5th April 2025 of £944.

QP Fine Foods Limited

The company's directors are alos directors of QP Fine Foods Limited

The company purchases wine supplies from QP Fine Foods Limited on a cash sales basis paid for at point of sale. No credit sales are provided to the company. QP Fine Foods Limited recharged telecommunication costs at cost incurred since 5th April 2025 of £944.

Spill The Wine LimitedMr Drape and Mr Payne are directors of Spill The Wine Limited.Included in other loans and advances < 1 year is an advance from Spill The Wine Limited to Fine Time Pubs Limited of £5,286. The loan payable is unsecured and non-interest bearing.

Spill The Wine Limited

Mr Drape and Mr Payne are directors of Spill The Wine Limited.

Included in other loans and advances < 1 year is an advance from Spill The Wine Limited to Fine Time Pubs Limited of £5,286. The loan payable is unsecured and non-interest bearing.

Mr DrapeDirectorIncluded in other creditors > 1 year is an advance from Mr Drape of £16,726. The advance is unsecured, non-interest bearing and has no defined repayment date.

Mr Drape

Director

Included in other creditors > 1 year is an advance from Mr Drape of £16,726. The advance is unsecured, non-interest bearing and has no defined repayment date.

Roman Road Hospitality LtdRoman Road Hospitality Limited is a shareholder and Mr Payne is the sole directorIncluded in Other loans > one year is an advance from Roman Road Hospitality Limited for £204,631. The loan unsecured, non-interest bearing and has no defined repayment date.

Roman Road Hospitality Ltd

Roman Road Hospitality Limited is a shareholder and Mr Payne is the sole director

Included in Other loans > one year is an advance from Roman Road Hospitality Limited for £204,631. The loan unsecured, non-interest bearing and has no defined repayment date.

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