Registered Number 07033963
BARRETTS PUBS LTD
Abbreviated Accounts
30 September 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Called up share capital not paid |
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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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Creditors: amounts falling due after more than one year |
( |
( |
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Provisions for liabilities |
( |
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Total net assets (liabilities) |
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( |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
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( |
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Shareholders' funds |
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( |
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.
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (Unite Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
Turnover policy
Tangible assets depreciation policy
Landing and building Leasehold 10% Straight line
Plant and machinery 30% reducing balance
Computer equipment 30% reducing balance
Fixtures, fittings & equipment 25% reducing balance
Motor vehicles 30% reducing balance
Other accounting policies
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Stock
Stock is valued at the lower of cost and net realisable value.
£ | |
---|---|
Cost | |
At 1 October 2015 |
|
Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 September 2016 |
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Amortisation | |
At 1 October 2015 |
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Charge for the year |
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On disposals |
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At 30 September 2016 |
|
Net book values | |
At 30 September 2016 | 43,333 |
At 30 September 2015 | 48,333 |
£ | |
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Cost | |
At 1 October 2015 |
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Additions |
|
Disposals |
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Revaluations |
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Transfers |
|
At 30 September 2016 |
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Depreciation | |
At 1 October 2015 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2016 |
|
Net book values | |
At 30 September 2016 | 65,262 |
At 30 September 2015 | 75,882 |