Bricklayers Bar Restaurant Limited,Ltd - AccountsLtd - Accounts

Bricklayers Bar Restaurant Limited,Ltd - AccountsLtd - Accounts

BRICKLAYERS BAR RESTAURANT LTD - Company Information

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2020-01-01 04864303 2020-12-31 04864303 2020-01-01 2020-12-31 04864303 2019-12-31 04864303 2019-01-01 2019-12-31 04864303 uk-core:WithinOneYear 2019-12-31 04864303 uk-core:WithinOneYear 2020-12-31 04864303 uk-core:ShareCapital 2020-12-31 04864303 uk-core:ShareCapital 2019-12-31 04864303 uk-core:RevaluationReserve 2020-12-31 04864303 uk-core:RevaluationReserve 2019-12-31 04864303 uk-core:RetainedEarningsAccumulatedLosses 2020-12-31 04864303 uk-core:RetainedEarningsAccumulatedLosses 2019-12-31 04864303 uk-bus:Director1 2020-01-01 2020-12-31 04864303 uk-core:FurnitureFittingsToolsEquipment 2020-01-01 2020-12-31 04864303 uk-core:CommercialMotorVehicles 2020-01-01 2020-12-31 04864303 uk-core:CommercialMotorVehicles 2019-12-31 04864303 uk-core:FurnitureFittingsToolsEquipment 2019-12-31 04864303 uk-core:FurnitureFittingsToolsEquipment 2020-12-31 04864303 uk-core:CommercialMotorVehicles 2020-12-31 04864303 uk-core:AfterOneYear 2020-12-31 04864303 uk-core:AfterOneYear 2019-12-31 04864303 uk-core:WithinOneYear uk-core:Secured 2020-12-31 04864303 uk-core:WithinOneYear uk-core:Secured 2019-12-31 04864303 uk-core:WithinOneYear 2020-12-31 04864303 uk-core:WithinOneYear 2019-12-31 iso4217:GBP xbrli:pure 04864303 uk-bus:AuditExempt-NoAccountantsReport 2020-01-01 2020-12-31 04864303 uk-bus:FRS102 2020-01-01 2020-12-31 04864303 uk-bus:FullAccounts 2020-01-01 2020-12-31 04864303 uk-bus:PrivateLimitedCompanyLtd 2020-01-01 2020-12-31
Bricklayers Bar Restaurant Limited
Registered Number:04864303
For the year ended 31 December 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2020
Bricklayers Bar Restaurant Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04864303
As at 31 December 2020
Bricklayers Bar Restaurant Limited
Statement of Financial Position
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
132,658
138,783
2
132,658
138,783
Current assets
Inventories
14,625
11,208
3
Trade and other receivables
641,312
491,893
4
503,101
655,937
Trade and other payables: amounts falling due within one
year
(425,958)
(322,110)
5
229,979
180,991
Net current assets
Total assets less current liabilities
313,649
368,762
313,649
Net assets
368,762
Capital and reserves
Called up share capital
100
100
Revaluation reserve
(100,000)
-
6
Retained earnings
413,549
368,662
313,649
368,762
Shareholders' funds
For the year ended 31 December 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Alvin Michaels Director
These financial statements were approved and authorised for issue by the Board on 29 September 2021 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2020
Bricklayers Bar Restaurant Limited
Notes to the Financial Statements
Statutory Information
Bricklayers Bar Restaurant Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04864303.
Registered address:
Hogpits Bottom
Flaunden
Hertfordshire
HP3 0PH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 January 2020
343,354
1,100
342,254
At 31 December 2020
342,254
1,100
343,354
Provision for depreciation and impairment
At 01 January 2020
204,571
-
204,571
Charge for year
6,125
-
6,125
At 31 December 2020
210,696
-
210,696
At 31 December 2020
Net book value
131,558
1,100
132,658
At 31 December 2019
137,683
1,100
138,783
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5
For the year ended 31 December 2020
Bricklayers Bar Restaurant Limited
Notes to the Financial Statements Continued
3. Inventories
2019
2020
£
£
Stocks
11,208
14,625
4. Trade and other receivables
2019
2020
£
£
Trade debtors
18,558
21,975
Other debtors
473,335
619,337
641,312
491,893
The debtors above include the following amounts falling due after more than one year:
Other debtors
351,037
451,037
5. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Bank loans and overdraft (secured)
44,545
131,324
Bank loans and overdraft
55,000
-
Trade creditors
655
18,655
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
71,793
208,889
Taxation and social security
150,117
67,090
322,110
425,958
6. Reserves
Total
£
Revaluation reserve at 01 January 2020
-
Transfers to/from other reserves
(100,000)
(100,000)
Revaluation reserve at 31 December 2020
44887
7. Average number of persons employed
During the year the average number of employees was 11 (2019 : 12)
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