Heritage Taverns Limited - Accounts to registrar (filleted) - small 18.2
Heritage Taverns Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31st March 2019 |
| for |
| Heritage Taverns Limited |
| Heritage Taverns Limited (Registered number: 02808998) |
| Contents of the Financial Statements |
| for the Year Ended 31st March 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Heritage Taverns Limited |
| Company Information |
| for the Year Ended 31st March 2019 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 74 College Road |
| Maidstone |
| Kent |
| ME15 6SL |
| Heritage Taverns Limited (Registered number: 02808998) |
| Balance Sheet |
| 31st March 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Heritage Taverns Limited (Registered number: 02808998) |
| Balance Sheet - continued |
| 31st March 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors on behalf by: |
| Heritage Taverns Limited (Registered number: 02808998) |
| Notes to the Financial Statements |
| for the Year Ended 31st March 2019 |
| 1. | STATUTORY INFORMATION |
| Heritage Taverns Limited is a |
| 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Goodwill |
| Goodwill, being the amount paid in connection with acquisition of a business in 2004, is being amortised over its |
| estimated useful life. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| 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 year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1st April 2018 |
| and 31st March 2019 |
| AMORTISATION |
| At 1st April 2018 |
| Charge for year |
| At 31st March 2019 |
| NET BOOK VALUE |
| At 31st March 2019 |
| At 31st March 2018 |
| Heritage Taverns Limited (Registered number: 02808998) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st March 2019 |
| 5. | TANGIBLE FIXED ASSETS |
| Improvements |
| Freehold | Short | to |
| property | leasehold | property |
| £ | £ | £ |
| COST |
| At 1st April 2018 |
| Additions |
| At 31st March 2019 |
| DEPRECIATION |
| At 1st April 2018 |
| Charge for year |
| At 31st March 2019 |
| NET BOOK VALUE |
| At 31st March 2019 |
| At 31st March 2018 |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st April 2018 |
| Additions |
| At 31st March 2019 |
| DEPRECIATION |
| At 1st April 2018 |
| Charge for year |
| At 31st March 2019 |
| NET BOOK VALUE |
| At 31st March 2019 |
| At 31st March 2018 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Other debtors |
| Heritage Taverns Limited (Registered number: 02808998) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st March 2019 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts |
| Payments on account |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 638,753 | 679,167 |
| Other loans more 5yrs instal | 35,367 | 44,413 |
| 674,120 | 723,580 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2019 | 2018 |
| £ | £ |
| Bank loans |
| A charge exists over all of the company's assets. |
| A charge exists over the company's properties, The Poacher and The Potting Shed. |
| 10. | RELATED PARTY DISCLOSURES |
| As at 31 March 2019 the directors owed the company £138,910 in respect of their loan account. The loan is |
| interest free and was repaid within nine months of the year end. |
| 11. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by the directors. |