Accounts filed on 31-12-2015

THE FORGE VENUE LIMITED - Company Information

false true true true 2015-01-01 2015-12-31 true Calyx Property Limited Common directors During the year rent of £0 was paid of which £13750 was overpaid at the year end Forge Arts CIC Common directors During the year a balance of £17847 was owed to the Company by Forge Arts CIC 05492265 2015-01-01 2015-12-31 05492265 2015-01-01 2015-12-31 05492265 2015-01-01 05492265 2015-12-31 05492265 2014-01-01 2014-12-31 05492265 2014-01-01 2014-12-31 05492265 2014-01-01 05492265 2014-12-31 05492265 uk-bus:Director1 2015-01-01 2015-12-31 05492265 uk-bus:Director1 2015-01-01 05492265 uk-bus:Director1 2015-12-31 05492265 uk-bus:Director2 2015-01-01 2015-12-31 05492265 uk-bus:Director2 2015-01-01 05492265 uk-bus:Director2 2015-12-31 05492265 uk-bus:CompanySecretary 2015-01-01 2015-12-31 05492265 uk-bus:AllEntityOfficers 2015-01-01 2015-12-31 05492265 uk-bus:AllEntityOfficers 2014-01-01 2014-12-31 05492265 uk-bus:RegisteredOffice 2015-01-01 2015-12-31 iso4217:GBP xbrli:pure xbrli:shares 05492265 uk-gaap:WithinOneYear 2015-12-31 05492265 uk-gaap:WithinOneYear 2014-12-31 05492265 uk-gaap:AfterOneYear 2015-12-31 05492265 uk-gaap:AfterOneYear 2014-12-31 05492265 2014-12-31 05492265 uk-bus:AllOrdinaryShares 2015-01-01 2015-12-31 05492265 uk-bus:AllOrdinaryShares 2015-12-31 05492265 uk-bus:AllOrdinaryShares 2014-01-01 2014-12-31 05492265 uk-bus:AllOrdinaryShares 2014-12-31 05492265 uk-bus:AllPreferenceShares 2015-01-01 2015-12-31 05492265 uk-bus:AllPreferenceShares 2015-12-31 05492265 uk-bus:AllPreferenceShares 2014-01-01 2014-12-31 05492265 uk-bus:AllPreferenceShares 2014-12-31 05492265 uk-gaap:NetGoodwill 2014-12-31 05492265 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-12-31 05492265 uk-gaap:NetGoodwill 2015-12-31 05492265 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-12-31 05492265 uk-gaap:LandBuildings 2014-12-31 05492265 uk-gaap:PlantMachinery 2014-12-31 05492265 uk-gaap:FixturesFittings 2014-12-31 05492265 uk-gaap:OfficeEquipment 2014-12-31 05492265 uk-gaap:MotorVehicles 2014-12-31 05492265 uk-gaap:LandBuildings 2015-12-31 05492265 uk-gaap:PlantMachinery 2015-12-31 05492265 uk-gaap:FixturesFittings 2015-12-31 05492265 uk-gaap:OfficeEquipment 2015-12-31 05492265 uk-gaap:MotorVehicles 2015-12-31 05492265 uk-gaap:LandBuildings 2015-01-01 2015-12-31 05492265 uk-gaap:PlantMachinery 2015-01-01 2015-12-31 05492265 uk-gaap:FixturesFittings 2015-01-01 2015-12-31 05492265 uk-gaap:OfficeEquipment 2015-01-01 2015-12-31 05492265 uk-gaap:MotorVehicles 2015-01-01 2015-12-31 05492265 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-01-01 2015-12-31 05492265 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-01-01 2014-12-31 05492265 uk-gaap:LeasedTangibleFixedAssets 2015-01-01 2015-12-31 05492265 uk-gaap:LeasedTangibleFixedAssets 2014-01-01 2014-12-31 05492265 uk-gaap:NetGoodwill 2015-01-01 2015-12-31 05492265 uk-gaap:NetGoodwill 2014-01-01 2014-12-31 05492265 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-01-01 2015-12-31 05492265 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-01-01 2014-12-31 05492265 uk-gaap:BetweenOneFiveYears 2015-12-31 05492265 uk-gaap:BetweenOneFiveYears 2014-12-31 05492265 uk-gaap:MoreThanFiveYears 2015-12-31 05492265 uk-gaap:MoreThanFiveYears 2014-12-31

Company Registration Number:
05492265 (England and Wales)

Report of the Directors and Unaudited Financial Statements

Period of accounts

Start date: 01 January 2015

End date: 31 December 2015

Contents of the Financial Statements

for the Period Ended 31 December 2015


Company Information
Report of the Directors
Profit and Loss Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

Directors' Report Period Ended 31 December 2015

The directors present their report with the financial statements of the company for the period ended 31 December 2015

Principal Activities

The company carries on the business of a bar and restaurant.

Directors
The directors shown below have held office during the whole of the period from
01 January 2015 to 31 December 2015
Adam Caird
Charlotte Caird

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 28 September 2016
And Signed On Behalf Of The Board By:

Name: Adam Caird
Status: Director

Profit and Loss Account

for the Period Ended 31 December 2015

	Notes	2015 £	2014 £
Turnover:	2	446,347	389,182
Cost of sales:		( 252,250 )	( 149,533 )
Gross profit or (loss):		194,097	239,649
Administrative expenses:		( 345,838 )	( 405,893 )
Operating profit or (loss):	3	( 151,741 )	( 166,244 )
Interest receivable and similar income:		2	1
Profit or (loss) on ordinary activities before taxation:		( 151,739 )	( 166,243 )
Profit or (loss) for the financial year:		( 151,739 )	( 166,243 )

The notes form part of these financial statements

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report

Balance sheet

As at 31 December 2015

	Notes	2015 £	2014 £
Fixed assets
Tangible assets:	4	1,016	397
Total fixed assets:		1,016	397
Current assets
Stocks:		8,000	8,000
Debtors:	5	91,722	16,888
Cash at bank and in hand:		39,123	10,134
Total current assets:		138,845	35,022
Creditors: amounts falling due within one year:	6	( 1,759,139 )	( 1,502,958 )
Net current assets (liabilities):		( 1,620,294 )	( 1,467,936 )
Total assets less current liabilities:		( 1,619,278 )	( 1,467,539 )
Total net assets (liabilities):		( 1,619,278 )	( 1,467,539 )

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2015

	Notes	2015 £	2014 £
Capital and reserves
Called up share capital:	7	100	100
Profit and loss account:	8	( 1,619,378 )	( 1,467,639 )
Shareholders funds:		( 1,619,278 )	( 1,467,539 )

For the year ending 31 December 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 28 September 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Adam Caird
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2015

1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements have been prepared on the going concern basis, the validity of which is dependent on the continued financial support of the company's principal creditor, A. Caird, who is also a director and shareholder. The directors consider that such support will continue for the forseeable future.

Turnover policy

Turnover represents net invoiced sales of food and beverages excluding value added tax and is recognised when provided.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery, Computer equipment, Fixtures, fittings & equipment: 5 years straight line

Notes to the Financial Statements

for the Period Ended 31 December 2015

2. Turnover

Turnover represents net invoiced sales of food and beverages excluding value added tax and is recognised when provided.

Notes to the Financial Statements

for the Period Ended 31 December 2015

3. Operating profit or (loss)

Operating profit or (loss) before tax as stated after charging the following.

	2015 £	2014 £
Depreciation - owned assets:	650	8,795

Notes to the Financial Statements

for the Period Ended 31 December 2015

4. Tangible assets

	Land and buildings	Plant and Machinery	Fixtures and fittings	Office Equipment	Motor vehicles	Total
Cost	£	£	£	£	£	£
01 January 2015:	-	122,210	-	-	-	122,210
Additions:	-	1,269	-	-	-	1,269
Disposals:	-	-	-	-	-	0
Revaluations:	-	-	-	-	-	0
Transfers:	-	-	-	-	-	0
31 December 2015:	-	123,479	-	-	-	123,479
Depreciation
01 January 2015:	-	121,813	-	-	-	121,813
Charge for year:	-	650	-	-	-	650
On disposals:	-	-	-	-	-	0
Other adjustments:	-	-	-	-	-	0
31 December 2015:	-	122,463	-	-	-	122,463
Net book value
31 December 2015:	-	1,016	-	-	-	1,016
31 December 2014:	-	397	-	-	-	397

Notes to the Financial Statements

for the Period Ended 31 December 2015

5. Debtors

	2015 £	2014 £
Trade debtors:	5,748	8,076
Other debtors:	85,974	8,812
Total:	91,722	16,888

Notes to the Financial Statements

for the Period Ended 31 December 2015

6. Creditors: amounts falling due within one year

	2015 £	2014 £
Bank loans and overdrafts:	0	3,695
Trade creditors:	141,100	56,909
Taxation and social security:	108,340	70,587
Other creditors:	1,509,699	1,371,767
Total:	1,759,139	1,502,958

Notes to the Financial Statements

for the Period Ended 31 December 2015

7. Called up share capital

Allotted, called up and paid

Previous period			2014
Class	Number of shares	Nominal value per share (£)	Total (£)
Ordinary shares:	100	1.00	100
Preference shares:			0
Total share capital (£):			100

Current period			2015
Class	Number of shares	Nominal value per share (£)	Total (£)
Ordinary shares:	100	1.00	100
Preference shares:			0
Total share capital (£):			100

Notes to the Financial Statements

for the Period Ended 31 December 2015

8. Profit and loss account

	2015 £	2014 £
Opening balance:	( 1,467,639 )	( 1,301,396 )
Profit or (loss) for the period:	( 151,739 )	( 166,243 )
Retained profit:	( 1,619,378 )	( 1,467,639 )

Notes to the Financial Statements

for the Period Ended 31 December 2015

9. Related party disclosures

Name of the ultimate controlling party during the period:	The Company is under the control of A Caird.
Name of related party:	Calyx Property Limited
Relationship:	Common directors
Description of the transaction	During the year rent of £0 was paid of which £13750 was overpaid at the year end
Balance at 01 January 2015	22,650
Balance at 31 December 2015	13,750
Name of related party:	Forge Arts CIC
Relationship:	Common directors
Description of the transaction	During the year a balance of £17847 was owed to the Company by Forge Arts CIC
Balance at 01 January 2015	0
Balance at 31 December 2015	17,847

Director:		Adam Caird
		Charlotte Caird


Secretary:		Charlotte Caird


Registered office:		3-7 Delancey Street London NW1 7NL


Company Registration Number:		05492265 (England and Wales)

Accounts filed on 31-12-2015