Registered number: 10179734 | ||||||||
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FOR THE 445 DAY PERIOD ENDED 31/07/2017 | ||||||||
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Prepared By: | ||||||||
WHC | ||||||||
Chartered Accountants | ||||||||
138 Quay Road | ||||||||
Bridlington | ||||||||
East Yorkshire | ||||||||
YO16 4JB |
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The Telegraph Inn Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE 445 DAY PERIOD ENDED 31/07/2017 | ||||||||
DIRECTORS | ||||||||
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REGISTERED OFFICE | ||||||||
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East Yorkshire | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 10179734 | ||||||||
ACCOUNTANTS | ||||||||
WHC | ||||||||
Chartered Accountants | ||||||||
138 Quay Road | ||||||||
Bridlington | ||||||||
East Yorkshire | ||||||||
YO16 4JB |
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The Telegraph Inn Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE 445 DAY PERIOD ENDED 31/07/2017 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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The Telegraph Inn Limited | ||||||||
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BALANCE SHEET AT
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2017 | ||||||||||
Notes | £ | |||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 |
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Tangible assets | 3 |
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CURRENT ASSETS | ||||||||||
Stock | 9,000 | |||||||||
Cash at bank and in hand |
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60,095 | ||||||||||
CREDITORS: Amounts falling due within one year | 5 | 46,027 | ||||||||
NET CURRENT ASSETS | 14,068 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | 492,590 | |||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 479,221 | ||||||||
NET ASSETS | 13,369 | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | 1 | ||||||||
Profit and loss account | 13,368 | |||||||||
SHAREHOLDERS' FUNDS |
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The directors have decided not to deliver to the registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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The Telegraph Inn Limited | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE 445 DAY PERIOD ENDED 31/07/2017 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Land And Buildings | straight line 0.02% | |||||||
Fixtures and Fittings | reducing balance 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Goodwill | ||||||||
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The Telegraph Inn Limited | ||||||||
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2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
Additions | 30,000 | 30,000 | ||
At 31/07/2017 | 30,000 | 30,000 | ||
Depreciation | ||||
For the 445 day period | 3,250 | 3,250 | ||
At 31/07/2017 | 3,250 | 3,250 | ||
Net Book Amounts | ||||
At 31/07/2017 | 26,750 | 26,750 | ||
3. TANGIBLE FIXED ASSETS | ||||||
Land And | Fixtures | |||||
Buildings | and Fittings | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
Additions | 450,000 | 15,800 | 465,800 | |||
At 31/07/2017 | 450,000 | 15,800 | 465,800 | |||
Depreciation | ||||||
For the 445 day period | 9,750 | 4,278 | 14,028 | |||
At 31/07/2017 | 9,750 | 4,278 | 14,028 | |||
Net Book Amounts | ||||||
At 31/07/2017 |
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4. STOCK | 2017 | |||
£ | ||||
Stock comprises: | ||||
Stock |
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The Telegraph Inn Limited | ||||||||
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5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2017 | ||||||||
£ | ||||||||
UK corporation tax | 5,850 | |||||||
VAT | 9,451 | |||||||
PAYE control | 439 | |||||||
Directors current account | 9,999 | |||||||
Bank Loan | 19,231 | |||||||
Other creditors | 122 | |||||||
Accruals | 935 | |||||||
46,027 | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2017 | ||||||||
£ | ||||||||
Bank loans >1yr | 216,040 | |||||||
Directors Loan > 1yr | 263,181 | |||||||
479,221 | ||||||||
The bank loan is secured by HSBC Bank by way of a charge over the company's assets. | ||||||||
7. EMPLOYEES | ||||||
2017 | ||||||
No. | No. | |||||
Average number of employees | 8 | |||||
8. SHARE CAPITAL | 2017 | |||||||
£ | ||||||||
Allotted, issued and fully paid: | ||||||||
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1 | |||||||
1 | ||||||||