Company Registration Number 04242850 (England and Wales)
BOWLING GREEN INN LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2020
PAGES FOR FILING WITH REGISTRAR
CHARTERED ACCOUNTANTS AND BUSINESS ADVISERS
Lancaster House, 87 Yarmouth Road, Norwich, Norfolk, NR7 0HF
BOWLING GREEN INN LIMITED
BALANCE SHEET
AS AT
29 FEBRUARY 2020
29 February 2020
- 1 -
2020
2019
£
£
£
£
Fixed assets
4,249
5,549
Current assets
17,313
15,146
Prepayments and accrued income
2,526
1,477
Creditors: amounts falling due within one year
(106,624)
(114,808)
Net current liabilities
(86,785)
(98,185)
Total assets less current liabilities
(82,536)
(92,636)
Accruals and deferred income
(2,710)
(3,855)
Net liabilities
(85,246)
(96,491)
Capital and reserves
(85,246)
(96,491)
Notes to the financial statements
1
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2020
2019
Number
Number
Employees
17
12
2
Going concern
The company's balance sheet shows net liabilities of £82,536 and this includes a loan to the directors of £85,171. The directors have provided assurance that they will not draw against the loan to the detriment of other creditors and therefore they believe it is appropriate for the accounts to be drawn up on the going concern basis,
BOWLING GREEN INN LIMITED
BALANCE SHEET (CONTINUED)
AS AT
29 FEBRUARY 2020
29 February 2020
- 2 -
3
Covid-19
The company operates a public house which has been affected by Covid-19 to the extent that its trading has been restricted through UK lockdowns. The company has been able to obtain support via the government furlough scheme to cover the employees for the periods they have been unable to work. Outside of lockdown, they have been able to trade within the guidelines, and after having implemented revised practices to enhance the safety of employees and customers.
The directors have reviewed the financial impact and believe that the company has sufficient resources to continue trading as a going concern. However. the ongoing nature of the pandemic and the possible imposition of further restrictions leaves the directors with a degree of uncertainty regarding the extent to which the business may be impacted in the future.
Bowling Green Inn Limited is a private company limited by shares incorporated in England and Wales. The registered office is Westley House, 48 Church Street, Wells-next-the-Sea, Norfolk, UK, NR23 1JB.
For the year ended 29 February 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' 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 and authorised for issue on 16 December 2020 and are signed on its behalf by:
Mrs Sheila Griffiths-Jones
Director
Company Registration Number 04242850