Grub Stub Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03796991 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

Grub Stub Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T Fry

REGISTERED OFFICE:

The Rickyard

Overscourt Farm

Gibbs Lane

Siston

Bristol

BS16 9LT

REGISTERED NUMBER:

03796991 (England and Wales)

ACCOUNTANTS:

Moore

Chartered Accountants

30 Gay Street

Bath

BA1 2PA

FIXED ASSETS

Intangible assets

4

-

621

Tangible assets

5

448

896

448

1,517

CURRENT ASSETS

Debtors

6

500

1,938

Cash at bank

-

4,680

500

6,618

CREDITORS

Amounts falling due within one year

7

98,274

103,354

NET CURRENT LIABILITIES

(97,774

)

(96,736

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(97,326

)

(95,219

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Share premium

48,601

48,601

Retained earnings

(146,027

)

(143,920

)

SHAREHOLDERS' FUNDS

(97,326

)

(95,219

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 4 August 2022 and were signed by:

T Fry - Director

1.	STATUTORY INFORMATION

Grub Stub 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 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.

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.

Development costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets

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

Computer and office equipmt

-

20% on cost

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 NIL (2021 - NIL).

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 April 2021

and 31 March 2022

68,912

AMORTISATION

At 1 April 2021

68,291

Amortisation for year

621

At 31 March 2022

68,912

NET BOOK VALUE

At 31 March 2022

-

At 31 March 2021

621

5.	TANGIBLE FIXED ASSETS

Computer

and

office

equipmt

£

COST

At 1 April 2021

and 31 March 2022

8,798

DEPRECIATION

At 1 April 2021

7,902

Charge for year

448

At 31 March 2022

8,350

NET BOOK VALUE

At 31 March 2022

448

At 31 March 2021

896

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade debtors

-

965

Other debtors

500

973

500

1,938

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade creditors

299

1

Other creditors

97,975

103,353

98,274

103,354

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.22

31.3.21

value:

£

£

100

Ordinary Shares

£1

100

100

9.	RELATED PARTY DISCLOSURES

Included in creditors is £37,675 (2021: £42,153) owed by the company to T Fry, director of the company. This balance is unsecured, interest free and repayable on demand.