Redwood Pubs Limited Filleted accounts for Companies House (small and micro)
Redwood Pubs Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
SC455542
|
|
|
|
Statement of Financial Position |
2020 |
2019 |
||
Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
7 |
|
|
|
Current assets
Stocks |
|
|
||
Debtors |
8 |
|
|
|
Cash at bank and in hand |
|
|
||
--------- |
--------- |
|||
|
|
|||
Creditors: amounts falling due within one year |
9 |
|
|
|
--------- |
--------- |
|||
Net current liabilities |
|
|
||
------------ |
------------ |
|||
Total assets less current liabilities |
|
|
||
Provisions for liabilities
Deferred tax |
|
|
|
------------ |
------------ |
||
Net assets |
|
|
|
------------ |
------------ |
||
|
Statement of Financial Position (continued) |
2020 |
2019 |
||
Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
11 |
|
|
|
Profit and loss account |
|
|
||
------------ |
------------ |
|||
Shareholders funds |
|
|
||
------------ |
------------ |
|||
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
14 May 2021
, and are signed on behalf of the board by:
|
Director |
Company registration number:
SC455542
|
Notes to the Financial Statements |
Year ended 31 August 2020
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Stannergate House, 41 Dundee Road West, Broughty Ferry, Dundee, DD5 1NB.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Consolidation
Judgements and key sources of estimation uncertainty
Revenue recognition
Corporation tax
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
10 years
|
|
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property |
- |
|
|
Fixture and fittings |
- |
|
|
Impairment of fixed assets
Stocks
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
23
(2019:
26
).
5.
Tax on profit
Major components of tax expense
2020 |
2019 |
|
£ |
£ |
|
Current tax:
UK current tax expense |
|
|
Adjustments in respect of prior periods |
– |
(
|
-------- |
-------- |
|
Total current tax |
|
|
-------- |
-------- |
|
Deferred tax:
Origination and reversal of timing differences |
|
(
|
-------- |
-------- |
|
Tax on profit |
|
|
-------- |
-------- |
|
6.
Intangible assets
Goodwill |
|
£ |
|
Cost |
|
At 1 September 2019 and 31 August 2020 |
|
--------- |
|
Amortisation |
|
At 1 September 2019 and 31 August 2020 |
|
--------- |
|
Carrying amount |
|
At 31 August 2020 |
– |
--------- |
|
At 31 August 2019 |
– |
--------- |
|
7.
Tangible assets
Land and buildings |
Fixtures and fittings |
Total |
|
£ |
£ |
£ |
|
Cost |
|||
At 1 September 2019 and 31 August 2020 |
|
|
|
------------ |
-------- |
------------ |
|
Depreciation |
|||
At 1 September 2019 |
|
|
|
Charge for the year |
|
|
|
------------ |
-------- |
------------ |
|
At 31 August 2020 |
|
|
|
------------ |
-------- |
------------ |
|
Carrying amount |
|||
At 31 August 2020 |
|
|
|
------------ |
-------- |
------------ |
|
At 31 August 2019 |
|
|
|
------------ |
-------- |
------------ |
|
8.
Debtors
2020 |
2019 |
|
£ |
£ |
|
Trade debtors |
|
– |
Other debtors |
|
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
9.
Creditors:
amounts falling due within one year
2020 |
2019 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
– |
Trade creditors |
|
|
Amounts owed to associated companies |
|
|
Corporation tax |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|
10.
Deferred tax
The deferred tax included in the statement of financial position is as follows:
2020 |
2019 |
|
£ |
£ |
|
Included in provisions for liabilities |
|
|
-------- |
-------- |
|
The deferred tax account consists of the tax effect of timing differences in respect of:
2020 |
2019 |
|
£ |
£ |
|
Accelerated capital allowances |
|
|
-------- |
-------- |
|
11.
Called up share capital
Issued, called up and fully paid
2020 |
2019 |
|||
No. |
£ |
No. |
£ |
|
|
|
1,684 |
|
1,684 |
--------- |
------- |
--------- |
------- |
|
12.
Events after the end of the reporting period
13.
Related party transactions
14.
Controlling party
The company is under the control of John Rollo and Karen Rollo who are the owners of the ultimate parent company,
Rollo Pub Holdings Limited
. Rollo Pub Holdings Limited is registered in Scotland at Stannergate House, 41 Dundee Road West, Broughty Ferry, Dundee, DD5 1NB.