Spiers Bar Limited - Accounts to registrar (filleted) - small 18.1
Spiers Bar Limited - Accounts to registrar (filleted) - small 18.1
REGISTERED NUMBER: |
Financial Statements for the Year Ended 31 October 2017 |
for |
SPIERS BAR LIMITED |
SPIERS BAR LIMITED (REGISTERED NUMBER: SC301190) |
Contents of the Financial Statements |
for the Year Ended 31 October 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
SPIERS BAR LIMITED |
Company Information |
for the Year Ended 31 October 2017 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
68 Edgehead Village |
Pathhead |
Midlothian |
EH37 5RJ |
SPIERS BAR LIMITED (REGISTERED NUMBER: SC301190) |
Balance Sheet |
31 October 2017 |
31.10.17 | 31.10.16 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
SPIERS BAR LIMITED (REGISTERED NUMBER: SC301190) |
Balance Sheet - continued |
31 October 2017 |
31.10.17 | 31.10.16 |
Notes | £ | £ |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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 were approved by the director on |
SPIERS BAR LIMITED (REGISTERED NUMBER: SC301190) |
Notes to the Financial Statements |
for the Year Ended 31 October 2017 |
1. | STATUTORY INFORMATION |
Spiers Bar Limited is a |
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 |
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 amounts paid in connection with the acquisition of the business in 2006, |
was being amortised evenly over its estimated useful life of 30 years from the date of |
acquisition of each business.In light of FRS102 a decision was made in the year ended 31 |
October 2017 to write off the remaining Goodwill over the 10 years to 31 October 2026. The |
Director considers that the unamortised value of Goodwill at 31 October 2017 represents a |
valid valuation. |
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 |
Plant and machinery etc | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the |
company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
SPIERS BAR LIMITED (REGISTERED NUMBER: SC301190) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2017 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 November 2016 |
and 31 October 2017 |
AMORTISATION |
At 1 November 2016 |
Charge for year |
At 31 October 2017 |
NET BOOK VALUE |
At 31 October 2017 |
At 31 October 2016 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 November 2016 |
Additions |
At 31 October 2017 |
DEPRECIATION |
At 1 November 2016 |
Charge for year |
At 31 October 2017 |
NET BOOK VALUE |
At 31 October 2017 |
At 31 October 2016 |
SPIERS BAR LIMITED (REGISTERED NUMBER: SC301190) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2017 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.17 | 31.10.16 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.17 | 31.10.16 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is Seven Hills Holding Limited. |