UK Pub Pool Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05647123 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

UK PUB POOL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Robert Pearce

REGISTERED OFFICE:

Spring Valley Mills

Stanningley

Pudsey

Leeds

West Yorkshire

LS28 6OW

REGISTERED NUMBER:

05647123 (England and Wales)

ACCOUNTANTS:

Syers McGill

6 Kerry Street

Horsforth

Leeds

West Yorkshire

LS18 4AW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

9,600

14,400

9,600

14,400

CURRENT ASSETS

Stocks

7,810

9,420

Debtors

6

-

1,000

Cash at bank and in hand

63,234

43,267

71,044

53,687

CREDITORS

Amounts falling due within one year

7

57,046

62,221

NET CURRENT ASSETS/(LIABILITIES)

13,998

(8,534

)

TOTAL ASSETS LESS CURRENT LIABILITIES

23,598

5,866

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

22,598

4,866

SHAREHOLDERS' FUNDS

23,598

5,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 September 2020 and were signed by:

Mr Robert Pearce - Director

1.	STATUTORY INFORMATION

UK Pub Pool 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax

and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five 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.

Fixtures and fittings

-

20% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2019

and 31 December 2019

30,000

AMORTISATION

At 1 January 2019

and 31 December 2019

30,000

NET BOOK VALUE

At 31 December 2019

-

At 31 December 2018

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2019

and 31 December 2019

24,000

DEPRECIATION

At 1 January 2019

9,600

Charge for year

4,800

At 31 December 2019

14,400

NET BOOK VALUE

At 31 December 2019

9,600

At 31 December 2018

14,400

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Prepayments and accrued income

-

1,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Tax

7,162

5,211

VAT

5,529

3,814

Directors' current accounts

34,312

46,832

Accrued expenses

10,043

6,364

57,046

62,221

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr Robert Pearce.