Registered Number 07033963
BARRETTS PUBS LTD
Abbreviated Accounts
30 September 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
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( |
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Creditors: amounts falling due after more than one year |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention.
The director Mr Richard Barrett continues to support the company with an unsecured loan to the business of £3246, (£46221 2014), this is included in creditors due within one year.
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
Turnover policy
Tangible assets depreciation policy
Land and buildings Leasehold - Not depreciated
Plant and machinery 30% reducing balance
Computer equipment 30% reducing balance
Fixtures, fittings & equipment 25% reducing balance
Motor vehicles 30% reducing balance
Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
Valuation information and policy
Other accounting policies
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
£ | |
---|---|
Cost | |
At 1 October 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
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Transfers |
|
At 30 September 2015 |
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Amortisation | |
At 1 October 2014 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2015 |
|
Net book values | |
At 30 September 2015 | 48,333 |
At 30 September 2014 | 0 |
£ | |
---|---|
Cost | |
At 1 October 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 September 2015 |
|
Depreciation | |
At 1 October 2014 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2015 |
|
Net book values | |
At 30 September 2015 | 75,882 |
At 30 September 2014 | 39,971 |