Bar Convent Enterprises Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 03192786 (England and Wales)

BAR CONVENT ENTERPRISES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Sister C Kenworthy-Browne

Mr M P Thorpe

Mr J A Foster

SECRETARY:

Mr D Pickerill

REGISTERED OFFICE:

17 Blossom Street

York

YO24 1AQ

REGISTERED NUMBER:

03192786 (England and Wales)

AUDITORS:

UHY Calvert Smith LLP

Statutory Auditor

Chartered Accountants

31 St Saviourgate

York

North Yorkshire

YO1 8NQ

SOLICITORS:

Grays Solicitors

Duncombe Place

York

YO1 7DY

CURRENT ASSETS

Stocks

6,876

6,775

Debtors

4

35,390

14,262

Cash at bank and in hand

56,321

70,449

98,587

91,486

CREDITORS

Amounts falling due within one year

5

98,487

91,386

NET CURRENT ASSETS

100

100

TOTAL ASSETS LESS CURRENT LIABILITIES

100

100

CAPITAL AND RESERVES

Called up share capital

100

100

SHAREHOLDERS' FUNDS

100

100

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.

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 7 December 2017 and were signed on its behalf by:

Sister C Kenworthy-Browne - Director

1.	STATUTORY INFORMATION

Bar Convent Enterprises 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.

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.

First year adoption

This is the first year in which the financial statements have been prepared under FRS102.

No changes in accounting policies, and therefore no changes in the previously stated financial

position and performance, are considered to have been required on the transition from the previous

financial reporting framework.

Turnover

Turnover represents amounts charged to customers for goods and services provided in the course of

the company's principal activities, excluding value added tax. The principal activities of the company

include the provision of bed and breakfast accommodation, a café, conference facilities and charging

an admission fee for entrance to the museum.

The turnover is derived from property and other assets provided by the parent undertaking. A charge

has been made for assets used by the company in the course of its trading activity for the year, but no

charge is made for use of the property.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2016 - 23 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

19,662

12,508

Amounts owed by group undertakings

11,075

-

Other debtors

4,653

1,754

35,390

14,262

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

22,646

14,963

Amounts owed to group undertakings

-

3,389

Taxation and social security

21,339

15,515

Other creditors

54,502

57,519

98,487

91,386

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Hayden Priest (Senior Statutory Auditor)

for and on behalf of UHY Calvert Smith LLP

7.	RELATED PARTY DISCLOSURES