SUN_PUBS_LIMITED - Accounts

SUN PUBS LIMITED - Company Information

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Company Registration No. 07009967 (England and Wales)

SUN PUBS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2013

SUN PUBS LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

SUN PUBS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

95,278

68,161

Investments

100

95,378

68,161

Current assets

Stocks

26,509

16,950

Debtors

202,529

65,603

Cash at bank and in hand

33,923

104,146

262,961

186,699

Creditors: amounts falling due within one year

(186,931)

(168,907)

Net current assets

76,030

17,792

Total assets less current liabilities

171,408

85,953

Creditors: amounts falling due after more than one year

(23,413)

(16,250)

Provisions for liabilities

(17,148)

(11,306)

130,847

58,397

Capital and reserves

Called up share capital

100

Profit and loss account

130,747

58,297

Shareholders' funds

130,847

58,397

SUN PUBS LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 DECEMBER 2013

- 2 -

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 2 October 2014

Mr C Kelly

Mr A Twigg

Director

Company Registration No. 07009967

SUN PUBS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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

20% - 33% reducing balance

Computer equipment

33% reducing balance

Fixtures, fittings & equipment

20% reducing balance

Motor vehicles

25% reducing balance

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.6

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

SUN PUBS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2013

- 4 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 January 2013

116,233

Additions

53,186

100

53,286

At 31 December 2013

169,419

100

169,519

Depreciation

At 1 January 2013

48,073

Charge for the year

26,068

At 31 December 2013

74,141

Net book value

At 31 December 2013

95,278

100

95,378

At 31 December 2012

68,161

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Sun Pubs (KIngs Heath) Limited

England and Wales

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2013

Principal activity

Sun Pubs (KIngs Heath) Limited

Restaurateurs

(61,140)

(61,240)

Share capital

2013

2012

Allotted, called up and fully paid

100 Ordinary of £1 each

100