REGISTERED NUMBER: 05208205 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

ABV Pubs Limited

Trading as

Red Lion

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr A N Banks

SECRETARY:

Mrs S L Banks

REGISTERED OFFICE:

43 Welland Rise

Sibbertoft

Market Harborough

Leicestershire

LE16 9UD

REGISTERED NUMBER:

05208205 (England and Wales)

ACCOUNTANTS:

Pinnacle

Chartered Certified Accountants

& Registered Auditors

32 DeMontfort Street

Leicester

Leicestershire

LE1 7GD

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

8,586

9,899

8,586

9,899

CURRENT ASSETS

Stocks

3,825

3,750

Debtors

593

94

Cash in hand

1,775

2,566

6,193

6,410

CREDITORS

Amounts falling due within one year

14,321

15,585

NET CURRENT LIABILITIES

(8,128

)

(9,175

)

TOTAL ASSETS LESS CURRENT LIABILITIES

458

724

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

358

624

SHAREHOLDERS' FUNDS

458

724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 3 April 2017 and were signed by:

Mr A N Banks - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with

the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Land and buildings

-

25% on reducing balance

Plant and machinery etc

-

20% on reducing balance

Stocks

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

and slow moving items.

Deferred tax

Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date

to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise,

based on current tax rates and law. Timing differences arise from the inclusion of items of income and

expenditure in taxation computations in periods different from those in which they are included in the

financial statements.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be

recovered. Deferred tax assets and liabilities are not discounted.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over

the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

20,000

AMORTISATION

At 1 October 2015

and 30 September 2016

20,000

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

64,190

Additions

1,000

At 30 September 2016

65,190

DEPRECIATION

At 1 October 2015

54,291

Charge for year

2,313

At 30 September 2016

56,604

NET BOOK VALUE

At 30 September 2016

8,586

At 30 September 2015

9,899

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

100

Ordinary shares

£1

100

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 30 September 2016, company owed £1,410 (2015 - £34) to Mr A N Banks (director and shareholder).

The loan is interest free and repayable on demand.