Lanigans Bar Liverpool Limited

Lanigans Bar Liverpool Limited
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	606,845	534,502
		606,845	534,502
Current assets
Stocks	4	42,244	57,944
Debtors: amounts falling due within one year	5	267,964	381,502
Cash at bank and in hand		143,889	67,254
		454,097	506,700
Creditors: amount falling due within one year	6	(880,004)	(814,579)
Net current assets		(425,907)	(307,879)

Total assets less current liabilities		180,938	226,623
Creditors: amount falling due after more than one year	7	(27,679)	(34,391)
Provisions for liabilities	8	(58,534)	(58,535)
Net assets		94,725	133,697

Capital and reserves
Called up share capital	9	1	1
Profit and loss account		94,724	133,696
Shareholders' funds		94,725	133,697

For the year ended 31 July 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 financial statements were approved by the board of directors on 24 July 2026 and were signed on its behalf by:

-------------------------------
Wayne Fitzgerald
Director

Lanigans Bar Liverpool Limited
Notes to the Financial Statements
For the year ended 31 July 2025

General Information

Lanigans Bar Liverpool Limited is a private company, limited by shares, registered in England, registration number 10873232, registration address Penny Lane Business Centre, 374 Smithdown Road, Liverpool, Merseyside, L15 5AN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 48 (2024 : 40).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 August 2024	626,760	626,760
Additions	274,625	274,625
Disposals	-	-
At 31 July 2025	901,385	901,385
Depreciation
At 01 August 2024	92,258	92,258
Charge for year	202,282	202,282
On disposals	-	-
At 31 July 2025	294,540	294,540
Net book values
Closing balance as at 31 July 2025	606,845	606,845
Opening balance as at 01 August 2024	534,502	534,502

Stocks

	2025 £		2024 £
Stocks	42,244		57,944
	42,244		57,944

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	33,024	71,077
Other Debtors	234,940	310,425
	267,964	381,502

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	309,852	257,208
PAYE & Social Security	4,888	6,518
Accrued Expenses	2,480	2,480
Other Creditors	429,539	461,954
Directors' Current Accounts	4,747	15,085
VAT	128,498	71,334
	880,004	814,579

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	27,679		34,391
	27,679		34,391

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	58,534		58,535
	58,534		58,535

Share Capital

Authorised
1 Ordinary share of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
1 Ordinary share of £1.00 each	1		1
	1		1

Registered Number: 10873232
England
Filleted Accounts

for the year ended 31 July 2025
for
LANIGANS BAR LIVERPOOL LIMITED