Company Registration No. 08317563 (England and Wales)
Ben's Pub Company Limited
Abbreviated unaudited accounts
for the year ended 31 March 2016
Ben's Pub Company Limited
Abbreviated Balance Sheet
as at
31 March 2016
Tangible assets
339,123
295,680
Cash at bank and in hand
210,024
161,420
Creditors: amounts falling due within one year
(425,603)
(434,229)
Net current liabilities
(89,549)
(112,700)
Total assets less current liabilities
249,574
182,980
Provisions for liabilities
(40,039)
(37,154)
Net assets
209,535
145,826
Called up share capital
1
1
Profit and loss account
209,534
145,825
Total shareholders' funds
209,535
145,826
For the year ending 31 March 2016 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 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 (effective January 2015).
Approved by the board on 24 November 2016
B Smith
Director
Company Registration No. 08317563
Ben's Pub Company Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value of goods provided to customers in the normal course of business, excluding Value Added Tax and other sales related taxes,
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over life of lease
Comparative figures in the profit and loss account have been restated to reflect the reclassification of direct labour and overheads to cost of sales.
2
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
At 1 April 2015
106,071
69,259
160,287
335,617
Additions
33,528
25,337
19,574
78,439
At 31 March 2016
139,599
94,596
179,861
414,056
At 1 April 2015
5,889
12,728
21,320
39,937
Charge for the year
2,449
8,785
23,762
34,996
At 31 March 2016
8,338
21,513
45,082
74,933
At 31 March 2016
131,261
73,083
134,779
339,123
At 31 March 2015
100,182
56,531
138,967
295,680
Ben's Pub Company Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
3
Share capital
2016
2015
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
1