P & B Pub Company Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06289695 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2018

FOR

P & B PUB COMPANY LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

5

DIRECTORS:

P Palmer

Mrs B R Palmer

SECRETARY:

Mrs B R Palmer

REGISTERED OFFICE:

18 Church Street

Ashton-under-Lyne

Lancashire

OL6 6XE

REGISTERED NUMBER:

06289695 (England and Wales)

ACCOUNTANTS:

Hanley & Co

Chartered Accountants

18 Church Street

Ashton-under-Lyne

Lancashire

OL6 6XE

FIXED ASSETS

Property, plant and equipment

4

3,456

1,877

CURRENT ASSETS

Inventories

1,000

-

Cash at bank and in hand

6,818

62

7,818

62

CREDITORS

Amounts falling due within one year

23,927

7,645

NET CURRENT LIABILITIES

(16,109

)

(7,583

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,653

)

(5,706

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(12,753

)

(5,806

)

SHAREHOLDERS' FUNDS

(12,653

)

(5,706

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 June 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 29 March 2019 and were signed on its behalf by:

P Palmer - Director

Mrs B R Palmer - Director

1.	STATUTORY INFORMATION

P & B Pub Company Ltd 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.

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 takings less value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1 July 2017

4,364

Additions

2,188

At 30 June 2018

6,552

DEPRECIATION

At 1 July 2017

2,487

Charge for year

609

At 30 June 2018

3,096

NET BOOK VALUE

At 30 June 2018

3,456

At 30 June 2017

1,877

5.	GOING CONCERN

The director will continue to support the company by not withdrawing his loan account and therefore help the

company meet its debts as they become due.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary

statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2018 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Hanley & Co

Chartered Accountants

18 Church Street

Ashton-under-Lyne

Lancashire

OL6 6XE

29 March 2019