30/04/2019
2019-04-30
false
false
false
false
false
false
false
false
false
false
true
false
false
true
false
false
false
false
false
false
false
false
No description of principal activities is disclosed
2018-05-01
Sage Accounts Production 18.30 Update 1 - FRS
xbrli:pure
xbrli:shares
iso4217:GBP
07104673
2018-05-01
2019-04-30
07104673
2019-04-30
07104673
2018-04-30
07104673
2018-04-30
07104673
core:FurnitureFittingsToolsEquipment
2018-05-01
2019-04-30
07104673
core:MotorVehicles
2018-05-01
2019-04-30
07104673
bus:RegisteredOffice
2018-05-01
2019-04-30
07104673
bus:OrdinaryShareClass1
2018-05-01
2019-04-30
07104673
bus:OrdinaryShareClass2
2018-05-01
2019-04-30
07104673
bus:OrdinaryShareClass3
2018-05-01
2019-04-30
07104673
bus:LeadAgentIfApplicable
2018-05-01
2019-04-30
07104673
bus:Director1
2018-05-01
2019-04-30
07104673
bus:Director2
2018-05-01
2019-04-30
07104673
bus:Director3
2018-05-01
2019-04-30
07104673
bus:CompanySecretary1
2018-05-01
2019-04-30
07104673
core:NetGoodwill
2019-04-30
07104673
core:LandBuildings
core:ShortLeaseholdAssets
2018-04-30
07104673
core:FurnitureFittingsToolsEquipment
2018-04-30
07104673
core:MotorVehicles
2018-04-30
07104673
core:LandBuildings
core:ShortLeaseholdAssets
2019-04-30
07104673
core:FurnitureFittingsToolsEquipment
2019-04-30
07104673
core:WithinOneYear
2019-04-30
07104673
core:WithinOneYear
2018-04-30
07104673
core:LandBuildings
core:ShortLeaseholdAssets
2018-05-01
2019-04-30
07104673
bus:AllOrdinaryShares
2018-05-01
2019-04-30
07104673
bus:AllOrdinaryShares
2017-05-01
2018-04-30
07104673
core:ShareCapital
2019-04-30
07104673
core:ShareCapital
2018-04-30
07104673
core:RetainedEarningsAccumulatedLosses
2019-04-30
07104673
core:RetainedEarningsAccumulatedLosses
2018-04-30
07104673
bus:OrdinaryShareClass1
core:ShareCapital
2019-04-30
07104673
bus:OrdinaryShareClass1
core:ShareCapital
2018-04-30
07104673
bus:OrdinaryShareClass2
core:ShareCapital
2019-04-30
07104673
bus:OrdinaryShareClass2
core:ShareCapital
2018-04-30
07104673
bus:OrdinaryShareClass3
core:ShareCapital
2019-04-30
07104673
bus:OrdinaryShareClass3
core:ShareCapital
2018-04-30
07104673
core:BetweenOneFiveYears
2019-04-30
07104673
core:NetGoodwill
2018-04-30
07104673
core:CostValuation
core:Non-currentFinancialInstruments
2019-04-30
07104673
core:Non-currentFinancialInstruments
2019-04-30
07104673
core:Non-currentFinancialInstruments
2018-04-30
07104673
core:FurnitureFittingsToolsEquipment
2018-04-30
07104673
bus:SmallEntities
2018-05-01
2019-04-30
07104673
bus:AuditExemptWithAccountantsReport
2018-05-01
2019-04-30
07104673
bus:FullAccounts
2018-05-01
2019-04-30
07104673
bus:SmallCompaniesRegimeForAccounts
2018-05-01
2019-04-30
07104673
bus:PrivateLimitedCompanyLtd
2018-05-01
2019-04-30
07104673
core:NetGoodwill
2018-05-01
2019-04-30
Company registration number:
07104673
Classic Pub Design Limited
Unaudited filleted financial statements
for the year ended
30 April 2019
Prepared by:
THOMAS NOCK MARTIN LIMITED
CHARTERED ACCOUNTANTS
BRIERLEY HILL
Classic Pub Design Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Classic Pub Design Limited
Directors and other information
|
|
|
|
Directors
|
Paul Salisbury
|
|
|
Paul Hales
|
|
|
Susan Salisbury
|
|
|
|
|
|
|
|
Secretary
|
Paul Salisbury
|
|
|
|
|
|
|
|
Company number
|
07104673
|
|
|
|
|
|
|
|
Registered office
|
5 Hagley Court South
|
|
|
The Waterfront
|
|
|
Brierley Hill
|
|
|
West Midlands
|
|
|
DY5 1XE
|
|
|
|
|
|
|
|
Business address
|
Malt House Farm
|
|
|
Grove Lane
|
|
|
Lapworth
|
|
|
B94 6AR
|
|
|
|
|
|
|
|
Accountants
|
Thomas Nock Martin Limited
|
|
|
5 Hagley Court South
|
|
|
The Waterfront
|
|
|
Brierley Hill
|
|
|
West Midlands
|
|
|
DY5 1XE
|
|
|
|
Classic Pub Design Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Classic Pub Design Limited
Year ended 30 April 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Classic Pub Design Limited for the year ended 30 April 2019 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/ regulations-standards-and-guidance/.
This report is made solely to the board of directors of Classic Pub Design Limited, as a body, in accordance with the terms of our engagement letter dated 8 January 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Classic Pub Design Limited and state those matters that we have agreed to state to the board of directors of Classic Pub Design Limited as a body, in this report in accordance with the ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Classic Pub Design Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Classic Pub Design Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Classic Pub Design Limited. You consider that Classic Pub Design Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Classic Pub Design Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Thomas Nock Martin Limited
Chartered Accountants
5 Hagley Court South
The Waterfront
Brierley Hill
West Midlands
DY5 1XE
14 January 2020
Classic Pub Design Limited
Statement of financial position
30 April 2019
|
|
|
2019
|
|
|
|
2018
|
|
|
|
|
Note
|
£
|
|
£
|
|
£
|
|
£
|
|
|
|
|
|
|
|
|
|
|
Fixed assets
|
|
|
|
|
|
|
|
|
|
Intangible assets
|
|
5
|
-
|
|
|
|
-
|
|
|
Tangible assets
|
|
6
|
-
|
|
|
|
906
|
|
|
Investments
|
|
7
|
1
|
|
|
|
1
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
1
|
|
|
|
907
|
|
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
|
|
|
|
Debtors
|
|
8
|
19,720
|
|
|
|
102,783
|
|
|
Cash at bank and in hand
|
|
|
106,183
|
|
|
|
7,760
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
125,903
|
|
|
|
110,543
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
within one year
|
|
9
|
(
124,379)
|
|
|
|
(
110,585)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
Net current assets/(liabilities)
|
|
|
|
|
1,524
|
|
|
|
(
42)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Total assets less current liabilities
|
|
|
|
|
1,525
|
|
|
|
865
|
|
|
|
|
|
|
|
|
|
|
Provisions for liabilities
|
|
|
|
|
-
|
|
|
|
(
170)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Net assets
|
|
|
|
|
1,525
|
|
|
|
695
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves
|
|
|
|
|
|
|
|
|
|
Called up share capital
|
|
10
|
|
|
100
|
|
|
|
100
|
Profit and loss account
|
|
|
|
|
1,425
|
|
|
|
595
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Shareholders funds
|
|
|
|
|
1,525
|
|
|
|
695
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
For the year ending 30 April 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
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;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
14 January 2020
, and are signed on behalf of the board by:
Paul Salisbury
Director
Company registration number:
07104673
Classic Pub Design Limited
Notes to the financial statements
Year ended 30 April 2019
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 5 Hagley Court South, The Waterfront, Brierley Hill, West Midlands, DY5 1XE.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertaking comprise a small group.
Turnover
Turnover represents fees receivable for the design of licenced premises and the provision of consultancy services to the catering industry, excluding value added tax, during the year.In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight line basis
.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
|
|
|
|
|
Short leasehold property
|
-
|
Straight line over the life of the lease
|
|
|
Fittings, fixtures and equipment
|
-
|
25 %
|
straight line
|
|
Motor vehicles
|
-
|
25 %
|
straight line
|
|
|
|
|
|
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates
.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date
.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and trade creditors, other debtors and creditors.Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date
.
4.
Dividends
Equity dividends
|
|
|
2019
|
2018
|
|
|
|
£
|
£
|
|
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year)
|
|
27,000
|
27,000
|
|
|
|
_______
|
_______
|
|
|
|
|
|
5.
Intangible assets
|
|
Goodwill
|
Total
|
|
|
|
|
|
|
£
|
£
|
|
|
|
|
|
Cost
|
|
|
|
|
|
|
|
At 1 May 2018 and 30 April 2019
|
2,000,000
|
2,000,000
|
|
|
|
|
|
|
_________
|
_________
|
|
|
|
|
|
Amortisation
|
|
|
|
|
|
|
|
At 1 May 2018 and 30 April 2019
|
2,000,000
|
2,000,000
|
|
|
|
|
|
|
_________
|
_________
|
|
|
|
|
|
Carrying amount
|
|
|
|
|
|
|
|
At 30 April 2019
|
-
|
-
|
|
|
|
|
|
|
_________
|
_________
|
|
|
|
|
|
At 30 April 2018
|
-
|
-
|
|
|
|
|
|
|
_________
|
_________
|
|
|
|
|
|
|
|
|
|
|
|
|
6.
Tangible assets
|
|
Short leasehold property
|
Fixtures, fittings and equipment
|
Motor vehicles
|
Total
|
|
|
|
|
|
£
|
£
|
£
|
£
|
|
|
|
|
Cost
|
|
|
|
|
|
|
|
|
At 1 May 2018
|
32,617
|
6,901
|
23,097
|
62,615
|
|
|
|
|
Disposals
|
-
|
-
|
(
23,097)
|
(
23,097)
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
At 30 April 2019
|
32,617
|
6,901
|
-
|
39,518
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
Depreciation
|
|
|
|
|
|
|
|
|
At 1 May 2018
|
32,617
|
5,995
|
23,097
|
61,709
|
|
|
|
|
Charge for the year
|
-
|
906
|
-
|
906
|
|
|
|
|
Disposals
|
-
|
-
|
(
23,097)
|
(
23,097)
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
At 30 April 2019
|
32,617
|
6,901
|
-
|
39,518
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
Carrying amount
|
|
|
|
|
|
|
|
|
At 30 April 2019
|
-
|
-
|
-
|
-
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
At 30 April 2018
|
-
|
906
|
-
|
906
|
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
|
7.
Investments
|
|
Shares in group undertakings and participating interests
|
Total
|
|
|
|
|
|
|
£
|
£
|
|
|
|
|
|
Cost
|
|
|
|
|
|
|
|
At 1 May 2018 and 30 April 2019
|
1
|
1
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
Impairment
|
|
|
|
|
|
|
|
At 1 May 2018 and 30 April 2019
|
-
|
-
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
Carrying amount
|
|
|
|
|
|
|
|
At 30 April 2019
|
1
|
1
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
At 30 April 2018
|
1
|
1
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
|
8.
Debtors
|
|
|
2019
|
2018
|
|
|
|
£
|
£
|
|
|
|
|
|
|
Trade debtors
|
|
1,338
|
78,171
|
|
Other debtors
|
|
18,382
|
24,612
|
|
|
|
_______
|
_______
|
|
|
|
19,720
|
102,783
|
|
|
|
_______
|
_______
|
|
|
|
|
|
9.
Creditors: amounts falling due within one year
|
|
|
2019
|
2018
|
|
|
|
£
|
£
|
|
|
|
|
|
|
Trade creditors
|
|
51,839
|
51,560
|
|
Amounts owed to group undertakings
|
|
1
|
1
|
|
Corporation tax
|
|
6,875
|
6,275
|
|
Social security and other taxes
|
|
9,834
|
2,093
|
|
Other creditors
|
|
55,830
|
50,656
|
|
|
|
_______
|
_______
|
|
|
|
124,379
|
110,585
|
|
|
|
_______
|
_______
|
|
|
|
|
|
10.
Called up share capital
Issued and unpaid
|
|
|
2019
|
|
|
|
2018
|
|
|
|
|
|
No
|
|
£
|
|
No
|
|
£
|
|
|
|
|
|
|
|
|
|
|
|
Ordinary A
shares of £
1.00 each
|
|
60
|
|
60
|
|
60
|
|
60
|
|
Ordinary B
shares of £
1.00 each
|
|
20
|
|
20
|
|
20
|
|
20
|
|
Ordinary C
shares of £
1.00 each
|
|
20
|
|
20
|
|
20
|
|
20
|
|
|
|
_______
|
|
_______
|
|
_______
|
|
_______
|
|
|
|
100
|
|
100
|
|
100
|
|
100
|
|
|
|
_______
|
|
_______
|
|
_______
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
11.
Operating leases
The company as lessee
The total future minimum lease payments under non-cancellable operating leases are as follows:
|
|
|
|
£ |
£ |
|
|
|
Not later than 1 year |
- |
574
|
Later than 1 year and not later than 5 years |
5,082
|
- |
|
_______ |
_______ |
|
|
|