Skippers Tavern (Hull) Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 02614839 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st January 2017

for

Skippers Tavern (Hull) Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

M N Tojagic

Mrs T Atkin

SECRETARY:

Mrs J Tojagic

REGISTERED OFFICE:

Grampian Way

North Bransholme

Hull

East Yorkshire

HU7 5BJ

REGISTERED NUMBER:

02614839 (England and Wales)

ACCOUNTANTS:

cbaSadofskys

Chartered Accountants

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

BANKERS:

Yorkshire Bank

39 Saturday Market

Beverley

East Yorkshire

HU17 9AQ

SOLICITORS:

Lockings

St. Mary's Court

Lowgate

Hull

HU1 1YG

FIXED ASSETS

Tangible assets

4

320,260

320,985

CURRENT ASSETS

Debtors

345

495

Cash at bank

6,467

2,090

6,812

2,585

CREDITORS

Amounts falling due within one year

(178,821

)

(182,734

)

NET CURRENT LIABILITIES

(172,009

)

(180,149

)

TOTAL ASSETS LESS CURRENT LIABILITIES

148,251

140,836

PROVISIONS FOR LIABILITIES

(156

)

(260

)

NET ASSETS

148,095

140,576

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

148,093

140,574

SHAREHOLDERS' FUNDS

148,095

140,576

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st January 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 31st October 2017 and were signed on its behalf by:

M N Tojagic - Director

1.	STATUTORY INFORMATION

Skippers Tavern (Hull) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Tangible fixed assets

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

Plant and machinery etc

-

straight line over 10 years

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 2 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st February 2016

and 31st January 2017

446,618

DEPRECIATION

At 1st February 2016

125,633

Charge for year

725

At 31st January 2017

126,358

NET BOOK VALUE

At 31st January 2017

320,260

At 31st January 2016

320,985

5.	RELATED PARTY DISCLOSURES

M.N. Tojagic is a director and shareholder of East Riding Beverages Limited. At the balance sheet date, the

company owed East Riding Beverages Limited £60,346 (2016: £60,346).

Also, M.N. Tojagic and Mrs T. J. Atkin are both directors' and shareholders' of Grampian Leisure (Hull)

Limited. At the balance sheet date, the company owed Grampian Leisure (Hull) Limited £36,886 (2016:

£40,632).

All transactions were carried out on a normal commercial basis.

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the Registrar of

Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Skippers Tavern (Hull) Limited for the year ended 31st January 2017 which comprise the

Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and

from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Skippers Tavern (Hull) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Skippers Tavern (Hull) Limited and state those matters that we have agreed to state to the Board of Directors of Skippers Tavern (Hull) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Skippers Tavern (Hull) Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Skippers Tavern (Hull) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Skippers Tavern (Hull) Limited. You consider that Skippers Tavern (Hull) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Skippers Tavern (Hull) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

cbaSadofskys

Chartered Accountants

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

31st October 2017