Salisbury Pubs Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04685670 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 FEBRUARY 2017 TO 31 JULY 2018

FOR

SALISBURY PUBS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R S Salisbury

Mr D J Salisbury

SECRETARY:

Mrs R S Salisbury

REGISTERED OFFICE:

3a Chestnut House

Farm Close

Shenley

Hertfordshire

WD7 9AD

REGISTERED NUMBER:

04685670 (England and Wales)

ACCOUNTANTS:

Business Orchard

Chartered Accountants

3a Chestnut House

Farm Close

Shenley

Hertfordshire

WD7 9AD

FIXED ASSETS

Tangible assets

4

4,019

1,930

Investments

5

6

6

4,025

1,936

CURRENT ASSETS

Debtors

6

443,605

270,002

Cash at bank and in hand

221,592

231,973

665,197

501,975

CREDITORS

Amounts falling due within one year

7

265,884

80,721

NET CURRENT ASSETS

399,313

421,254

TOTAL ASSETS LESS CURRENT LIABILITIES

403,338

423,190

PROVISIONS FOR LIABILITIES

728

285

NET ASSETS

402,610

422,905

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

402,608

422,903

SHAREHOLDERS' FUNDS

402,610

422,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 7 March 2019 and were signed on its behalf by:

Mrs R S Salisbury - Director

Mr D J Salisbury - Director

1.	STATUTORY INFORMATION

Salisbury Pubs Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 February 2017

17,747

Additions

4,500

At 31 July 2018

22,247

DEPRECIATION

At 1 February 2017

15,817

Charge for period

2,411

At 31 July 2018

18,228

NET BOOK VALUE

At 31 July 2018

4,019

At 31 January 2017

1,930

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2017

and 31 July 2018

6

NET BOOK VALUE

At 31 July 2018

6

At 31 January 2017

6

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.1.17

£

£

Trade debtors

14,791

525

Amounts owed by group undertakings

425,900

266,250

Other debtors

2,914

3,227

443,605

270,002

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.1.17

£

£

Trade creditors

2,899

4,694

Amounts owed to group undertakings

216,559

61,941

Taxation and social security

12,575

13,724

Other creditors

33,851

362

265,884

80,721

8.	ULTIMATE CONTROLLING PARTY