The Vaults Bar Company Limited - Accounts to registrar (filleted) - small 18.2

The Vaults Bar Company Limited - Accounts to registrar (filleted) - small 18.2

THE VAULTS BAR COMPANY LIMITED - Company Information

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REGISTERED NUMBER: 09825229 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2019

FOR

THE VAULTS BAR COMPANY LIMITED
THE VAULTS BAR COMPANY LIMITED (REGISTERED NUMBER: 09825229)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE VAULTS BAR COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2019







DIRECTORS: K Vanstone
D T Buonaguidi





SECRETARY:





REGISTERED OFFICE: 34 Lower Marsh
London
SE1 7RG





REGISTERED NUMBER: 09825229 (England and Wales)





ACCOUNTANTS: Lustigman & Company
27 Manor Park Crescent
Edgware
Middlesex
HA8 7NH
Page 1
THE VAULTS BAR COMPANY LIMITED (REGISTERED NUMBER: 09825229)

BALANCE SHEET
31 OCTOBER 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,617 19,550

CURRENT ASSETS
Debtors 5 88,571 -
Cash at bank 276,241 297,842
364,812 297,842
CREDITORS
Amounts falling due within one year 6 91,710 165,786
NET CURRENT ASSETS 273,102 132,056
TOTAL ASSETS LESS CURRENT LIABILITIES 289,719 151,606

CAPITAL AND RESERVES
Called up share capital 100 1
Retained earnings 289,619 151,605
SHAREHOLDERS' FUNDS 289,719 151,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 23 July 2020 and
were signed on its behalf by:





K Vanstone - Director


The notes form part of these financial statements

Page 2
THE VAULTS BAR COMPANY LIMITED (REGISTERED NUMBER: 09825229)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2019

1. STATUTORY INFORMATION

The Vaults Bar Company 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

Page 3 continued...
THE VAULTS BAR COMPANY LIMITED (REGISTERED NUMBER: 09825229)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2019

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2018
and 31 October 2019 24,508
DEPRECIATION
At 1 November 2018 4,958
Charge for year 2,933
At 31 October 2019 7,891
NET BOOK VALUE
At 31 October 2019 16,617
At 31 October 2018 19,550

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Other debtors 88,571 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors (1 ) -
Amounts owed to group undertakings 3,673 117,939
Taxation and social security 88,038 47,847
91,710 165,786

Page 4