Company Registration No. SC592461 (Scotland)
THE BUNKER GOLF LOUNGE & BAR LTD
Unaudited accounts
for the year ended 31 March 2020
THE BUNKER GOLF LOUNGE & BAR LTD
Unaudited accounts
Contents
THE BUNKER GOLF LOUNGE & BAR LTD
Company Information
for the year ended 31 March 2020
Company Number
SC592461 (Scotland)
Registered Office
138 Viewlands Road West
Perth
PH1 1EE
Scotland
Accountants
Brown and Longhorn
61 George Street
Perth
PH1 5LB
THE BUNKER GOLF LOUNGE & BAR LTD
Statement of financial position
as at
31 March 2020
Cash at bank and in hand
(2,426)
-
Creditors: amounts falling due within one year
(149,731)
-
Net current (liabilities)/assets
(138,656)
4
Total assets less current liabilities
(49,227)
4
Creditors: amounts falling due after more than one year
(168)
-
Net (liabilities)/assets
(49,395)
4
Called up share capital
4
4
Profit and loss account
(49,399)
-
Shareholders' funds
(49,395)
4
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 November 2020 and were signed on its behalf by
Colin Bell
Director
Company Registration No. SC592461
THE BUNKER GOLF LOUNGE & BAR LTD
Notes to the Accounts
for the year ended 31 March 2020
THE BUNKER GOLF LOUNGE & BAR LTD is a private company, limited by shares, registered in Scotland, registration number SC592461. The registered office is 138 Viewlands Road West, Perth, PH1 1EE, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
17,116
98,702
115,818
At 31 March 2020
17,116
98,702
115,818
Charge for the year
1,712
24,677
26,389
At 31 March 2020
1,712
24,677
26,389
At 31 March 2020
15,404
74,025
89,429
THE BUNKER GOLF LOUNGE & BAR LTD
Notes to the Accounts
for the year ended 31 March 2020
Accrued income and prepayments
4,925
-
7
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
971
-
Loans from directors
134,384
-
8
Creditors: amounts falling due after more than one year
2020
2019
9
Average number of employees
During the year the average number of employees was 9 (2019: 0).