Company Registration No. 05893366 (England and Wales)
Welcome Taverns Limited
Unaudited accounts
for the year ended 30 July 2021
Welcome Taverns Limited
Unaudited accounts
Contents
Welcome Taverns Limited
Company Information
for the year ended 30 July 2021
Director
Daniel Joshua Lee
Company Number
05893366 (England and Wales)
Registered Office
The Thomas Egerton
272 Blackburn Road
Bolton
BL7 9SR
Accountants
Dunscar Financial Services
21 High Street
Belmont
Bolton
BL7 8AA
Welcome Taverns Limited
Statement of financial position
as at 30 July 2021
Intangible assets
132,141
132,141
Tangible assets
100,100
113,542
Cash at bank and in hand
62,894
41,220
Creditors: amounts falling due within one year
(128,520)
(114,060)
Net current liabilities
(10,135)
(19,293)
Total assets less current liabilities
222,106
226,390
Creditors: amounts falling due after more than one year
(71,269)
(83,924)
Net assets
150,837
142,466
Called up share capital
100
100
Revaluation reserve
132,141
132,141
Profit and loss account
18,596
10,225
Shareholders' funds
150,837
142,466
For the year ending 30 July 2021 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 April 2022 and were signed on its behalf by
Daniel Joshua Lee
Director
Company Registration No. 05893366
Welcome Taverns Limited
Notes to the Accounts
for the year ended 30 July 2021
Welcome Taverns Limited is a private company, limited by shares, registered in England and Wales, registration number 05893366. The registered office is The Thomas Egerton, 272 Blackburn Road, Bolton, BL7 9SR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% reducing balance
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Welcome Taverns Limited
Notes to the Accounts
for the year ended 30 July 2021
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 31 July 2020
239,753
117,804
93,557
6,347
457,461
At 30 July 2021
239,753
117,804
93,557
6,347
457,461
At 31 July 2020
140,111
111,310
86,519
5,979
343,919
Charge for the year
9,965
1,625
1,761
91
13,442
At 30 July 2021
150,076
112,935
88,280
6,070
357,361
At 30 July 2021
89,677
4,869
5,277
277
100,100
At 30 July 2020
99,642
6,494
7,038
368
113,542
6
Debtors: amounts falling due within one year
2021
2020
Deferred tax asset
239
1,281
Accrued income and prepayments
19,914
8,938
Other debtors
12,607
18,215
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
8,333
694
Trade creditors
98,989
105,006
Taxes and social security
20,207
7,659
8
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
(141)
3,859
Allotted, called up and fully paid:
85 Ordinary shares of £1 each
85
85
15 Redeemable shares of £1 each
15
15
Welcome Taverns Limited
Notes to the Accounts
for the year ended 30 July 2021
10
Average number of employees
During the year the average number of employees was 28 (2020: 32).
